Will you start collecting Roosevelts because of the FT designation?
dbldie55
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I have been reading all of the hoop-la the last few days about this. I agree with those that do not care for these designations as they create too much focus on one area of the coin. It seems, that with the exception of Full Head, all of these designations are on the reverse. People seem to pay much, much more based on one small area of a coin than for another coin that may be superior everywhere (except the one small area).
But to the point.
Obviously, many of those that collect these will be pleased with this news. But, how many will start a collection because of it? I keep reading how this is so great for the series and was curious why someone would only start a collection because a grading service came up with a designation for it.
So, who are the "new" roosevelt collectors?
But to the point.
Obviously, many of those that collect these will be pleased with this news. But, how many will start a collection because of it? I keep reading how this is so great for the series and was curious why someone would only start a collection because a grading service came up with a designation for it.
So, who are the "new" roosevelt collectors?
Collector and Researcher of Liberty Head Nickels. ANA LM-6053
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Brian.
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Russ, NCNE
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No, but I may have to buy one if it becomes a type set variety
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Andy
First POTD 9/19/05!!
sets but have never spent a lot of time on them or collected them in an or-
ganized fashion.
Very few people will rush out and start a set of dimes just because PCGS will
start the new designation. But, this will focus many people's attention on this
long neglected series. Some of these people will become fascinated by the im-
portance, history, and scarcity of these coins and start a collection. Designation
of FT is also likely to raise the value of these specimens (at least in relation to
non-FT), so those already collecting will have more value in their sets.
It's a safe bet I'll be looking at dimes more closely and will assemble the nicest
into a real collection.
Total Copper Nutcase - African, British Ships, Channel Islands!!!
'Do not meddle in the affairs of dragons, for you are crunchy and taste good with ketchup'
Anything else is a bonus, and at this stage of my life, and collection, for me, it wouldnt be money wisely spent.
FBLs, FSBs, FS are understandable (but i would never pay extra for) and i can see the difference. is this something you'll need an electron microscope to see? so far the only sense i can make of this is the huge amount of resubmission fees the grading companies are going to receive.
this designation makes FBLs, FSBs, and FS even LESS attractive to me now - assuming those designations were probably marketing ploys too.
edit- actually i've already just barely started the unloved Roosevelt set. Hopefully this makes the value of non-FT coins go down even further
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1 Russ POTD!
In clads, there are very few even graded. It is a new area of collecting for high grade MS Roosevelt dimes and may be expensive to complete.
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I WILL probably continue to seek high quality coins for my collection, and have always preferred well-struck coins to poorly struck coins.
that said, my holdings of FT Roosies will probably come up for sale soon, as I forsee an excellent selling opportunity in the next few months, as populations of FT coins will be low and a certain segment of the collecting public will very likely seek these coins out.
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