Where are all the 1969P Roosevelts hiding?

MrSpud

Recently, MrsSpud has started searching through dime Rolls looking for silver, uncirculated ones, unusual ones etc... For the fun of it, she also decided to see how many complete circulated date/mm sets of 1965 to date she could put together. She has 4 sets complete except for the 1969P and several more with just one or 2 more missing. Now we are wondering where are all the 69P's? In coin values the price for a 69P is the same as the others of the era. The mintage is the lowest (of the 65 to date) at 145.8 million, but isn't much lower than the 1971 at 162.7 which she is finding several examples of. Does this indicate that the 1969 will someday be considered to be the key date for the clad Roosevelts? Anyone know where to find any rolls of them? Thanks, in advance, for any replies.

richbeat

Can't help you, but I'll bump this ttt for cladking, who is a walking encyclopedia on clads.

haletj

I have a BU roll of them! I just posted it for sale on BST. It's not cheap though! They are about the toughest date to find rolls of, and I guess in your experience, the toughest to find in circulation.

FC57Coins

I was hoping someone else would pipe up - perhaps one of the roosie experts like Nick, Bill, or Craig - but in their absence I'll put my two cents worth. I don't know that a plain MS coin will be much of a big deal. Even though I am certain that these coins were not saved in roll quantities due to the fact that at the time they were looked upon as worthless, there are enough mint sets to satisfy the collectors needs for an MS coin. As for high grade (MS67 and above) I think these may be worth something in the future, especially the FT/FB's because strike characteristics were pretty horrid in the late 60's as well as the handling of these coins - if you run into an MS67FT or better - definitely hang on to it I would think.

haletj

If my memory is correct ms65fb is the highest pcgs has graded fb, and they've only graded like 2 ms67 total. Yes, any of these coins would be very valuable. I think a few ms65's are the best that are in my roll.

FC57Coins

There are 52 graded in MS and 3 in MSFB - the highest grades are MS67 and MS66FB respectively

AJ2525

I'll vouch for their relative rarity.

I've gone through 8577 dimes and only 10 have been 1969. Of course, I've only seen 10 of the 1971's as well. I always wonder where they all go ....

cladking

This is the toughest date in circulation but it seems likely that your not finding
any yet is a mere fluke. There has been increasing segregation of the dates of
circulating coinage caused by collectors in recent years. Since collectors assemble
one of each date/mm it put far more stress on the population of the scarcer dates
than the common dates. In fact, when collectors identify a date as being tougher
they'll often begin saving multiple examples which can more quickly remove an entire
mintage from circulation. About 2/3's of the mintage of this coin has been lost or de-
stroyed but it's unlikely more than about 10% of the surviving mintage has been ac-
cumulated by collectors yet. If you keep looking for them the law of averages will
catch up and you'll find nearly as many as the '71-P.

This date is quite scarce in original rolls and is about the 10th toughest clad dime
from this source. The few rolls which do appear are typically from mint sets. Choice
and gem examples can be found in the mint sets but are not especially common.

sumnom

Why do we refer to the 1969-P dime as the 1969-P dime when, in fact, it has no P?

haletj

I just told someone I wanted rolls of 1977 nickels, and he was about to send me 77-d nickels. I'm glad I caught it in time and said nooo... only 77-p.

richbeat

sumnom:

I don't use a P designation unless the coin has a P mint mark. Thus: 1958 dime vs. 1998P dime, both Philly. I don't know if that's correct or not. That's just the way I do it.

richbeat

That's also the way the red book lists them. If that's where I picked it up from, it was subconscious.

MrSpud

Thanks for the replies, very insightful.