1958 Roosevelt Dime priced at 6 thousand!
milkcoin
Posts: 583 ✭
Found this one on eBay. The seller has coins one can only dream of. I don't know though this particular Roosevelt is soooo expensive. Is it because of color? If it truly is a coin with a low population, wouldn't collectors buy it in plain white over all the crazy color? don't get me wrong, i love toned coins too, but at this high of a grade, a white coin would satisfy me if i were a registry hound.
1958-D Roosevelt ms68 ngc
pretty coin though.
1958-D Roosevelt ms68 ngc
pretty coin though.
0
Comments
why this coin is "soooooooooo expensive", it's because there are no limits to what a seller can ask for any
particular coin...
OTOH that is arguably the finest '58-D Roosie in existence. It sold (as a PCGS MS67FB) in the Superior Galleries JHF Collection of Roosies on 1/4/09 for $3,450. It was lot 740. At the time I was shocked at the price (still am for that matter). Obviously at least two people thought it was worth over $3,000. I remember it because I own the reverse toned Roosie that came from the same mint set card, which, needless to say, I paid a whole lot less for. It also is a PCGS MS67FB. I bought mine, in a private transaction, well before the auction. Here's the one I own.
U.S. Type Set
That was my consignment to Superior on behalf of JHF. That 1958-D Dime I purchased for JHF from Craig Harries (Colorfulcoin from our boards). I believe the $3,450 price realized was actually fairly easy to understand. I reserved each dime in the sale for what I thought the coin was worth, not what the holder necessarily stated. That dime I figured as an NGC-MS68*FT and reserved it (fairly) as such. If I am not mistaken, that is exactly what happened next to that dime. The $3,450 winning bid left some decent money on the table for the winning bidder and JHF realized prices in some cases upwards of 5x-15x the Price Guide at the time. Win-win.
As always, just my 2 cents.
Wondercoin
It seems the best of the best will be recognized by the collectors who want the best and will pay for "it".
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My sets: [280+ horse coins] :: [France Sowers] :: [Colorful world copper] :: [Beautiful world coins]
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<< <i>I have a picture of the finest known (IMO), unfortunately I can't seem to upload it. >>
BA,
Not sure, but I believe you are referring to the below NGC MS68*FT. This coin was in my former (Lablover Barkaroosie) #1 NGC Roosevelt Registry which was sold to you know who.
It's the best 1958-D example I've ever seen!!!! My poor image does the coin no justice. Hopefully, you can locate the other image.
<< <i>I have a picture of the finest known (IMO), unfortunately I can't seem to upload it. >>
send em to my email oldcollectorcoins@gmail.com. i'll upload them, done it for several other members.
.
Todd did a great job capturing the coin. I also had the 1951 above in my former set, but the + was gained after I sold the set.
Guaranteed free delivery. Although this delivery won't be by any armed courier servives of
ANY agency connected to the CIA.
I can get the coin cerified for an addition $100. An attempt to bean it for yet another $100.
Additional donations to Bobs Numismatic Fund cheerfully accepted.
You want to burn money on change, I just offer the easy opportunity.
It's the least I can do.
Roosevelt Dime Guy got nothing on me.
I'd rather own just a few neat coins like this one rather than a trunk full of average stuff.
peacockcoins
of them at one time or another. I put both of them in my top 10 list of all time finest Roosevelt Dimes
in existence. You have not seen and probably never will see either of them in an auction. They trade
hands privately.
The beauty of both these dimes is their past. Like a lot of other coins posted you can track down their
past history, what holders they've been in, what upgrades they've received. Not these 2. Everyone
now knows that the OP's 58D came from the JHF auction in a PCGS MS67FB Holder and the price it
sold for.
If you want to track the OP's coin even further you can find it in coinfacts. That tells me it's been to
PCGS. How many times, I don't know. I would guess a few. It graded at PCGS as MS67+FB. I don't
mind paying up for great coins and the OP's 58D is certainly a great coin. I helped Mitch out with
the JHF collection and we both agreed it was a lock NGC 68*FT.
used to own about 100 of the 1956-1958 sets (total, not per year) with a lot of nice toners, but NOTHING
like the coins posted here. Now that the history has been recorded, $6000 isn't that crazy, is it?
Based upon extensive web history, there is a long history of bizarre behavior that wave big time red flags in my book.
"Got a flaming heart, can't get my fill"
<< <i>Maybe Nick can post a picture of the 46S PL coin, it's absolutely GORGEOUS! >>
This one BA?
Also one from my (and Nick's) former set which moved on to another terrific Roosie collector(s). Prior to my owning, Nick (Onlyroosies) had the coin outright...he has always had a great eye for Roosies.
Not the best of image, but a stunning beauty in-hand!!!!
Catbert, I believe you are correct. I have purchased from Quality Rare Coins out of
Santa Monica, CA a few times and have not been disappointed either in the coin or
the service. If you see something that is out of this world in your collecting interests,
and are willing to pay a premium to obtain it, I say great. I have some Barber Dimes
that I got from this company that were priced at a fraction over heavily dipped coins.
Personally, having no problems with that seller, either recently or in the past, I feel the
reputation that precedes him in unwarranted. Yes, we may feel some of his prices are
out of touch with reality ( our own reality ) but there are those that think paying a King's
Ransom for a high graded Roosevelt with out of this world coloration ( either AT or NT )
is tantamount to buying a Picasso.
All, I can say is what my Dad used to tell me.... " A fool and his money are soon parted".
People still shake their heads when they ask what I paid for a couple of coins in my Barber
Collections. I laugh, at least my coins are genuinely rare and from the Nineteenth Century.
I never said I hadn't made a few foolish purchases.
I do caution not to be put into a position of being self promoting your own coins that are for sale.
Being banned from using these forums is an act I would like to avoid.
~~~~~~~~~~~~
Coin collecting is not a hobby, it's an obsession !
New Barber Purchases
Nick: You certainly did! And, the only reason I did not mention you specifically with respect to this 58-D dime was that we both agreed the coin should be pedigreed to Craig in the amazing special Roosie catalog Paul Song/Superior prepared for me/JHF in connection with the consignment.
Wondercoin
Now you can fire all the darts you want at me, but that price is lunacy.
<< <i>There is not a 1958 dime on this planet that is worth $6,000.
Now you can fire all the darts you want at me, but that price is lunacy.
No darts, Bill, just an observation -- if someone is willing to pay that price, then I guess it IS worth exactly that.
Might be tough to resell if they want to, but...
maybe it might be worth a lot to someone. Would it be worth $6,000? Maybe.
But without any story to go with it, no way could a Roosevelt be worth $6K.
<< <i>There is not a 1958 dime on this planet that is worth $6,000. >>
Well, I must admit I haven't seen every one, but in the case of the coin posted, I agree with you.
It's a beautiful Roosie, but it ain't $6K beautiful. IMHO, of course...
I've never had to say this on the boards before but some of you are full of &#^t. You obviously don't know
Roosevelt dime values. Heritage has sales as high as $48K for a Roosevelt dime and most recently the PCGS
1956 MS68FB that sold for $10K with the juice. Over the years I have bought and sold many Roosevelt's
north of $6K. As recently as 2 weeks ago I paid over $6K for an MS Roosevelt Dime.
There are plenty of records available to justify Roosevelt Dime values.
I give away money. I collect money.
I don’t love money . I do love the Lord God.
<< <i>Don't want to go OT too much but can someone quickly summarize the difference between PCGS Full Band (FB) and NGC Full Torch (FT) for us non Rosie guys? Thanks in advance. >>
Exactly the same concept. Full (torch) Bands vs. Full Torch (bands).
Edit: This refers to the upper and lower horizontal dual bands, both of which must show full separation to qualify.
<< <i>Isn't that your listing, milkcoin? >>
Wouldn't self-promoting under an alt lead to a quick bamming? Sheesh...I hope the OP isn't the seller of that coin....LOL
<< <i>
<< <i>Don't want to go OT too much but can someone quickly summarize the difference between PCGS Full Band (FB) and NGC Full Torch (FT) for us non Rosie guys? Thanks in advance. >>
Exactly the same concept. Full (torch) Bands vs. Full Torch (bands).
Edit: This refers to the upper and lower horizontal dual bands, both of which must show full separation to qualify. >>
How rare is this? Is this one of the first things you look at when you see an uncirculated Roosevelt?
<< <i>Un-freakin'-believable...
I'm sure you could recreate these with your chemistry set. Post pics!
My icon IS my coin. It is a gem 1949 FBL Franklin.
<< <i>I've never had to say this on the boards before but some of you are full of &#^t. You obviously don't know
Roosevelt dime values. Heritage has sales as high as $48K for a Roosevelt dime and most recently the PCGS
1956 MS68FB that sold for $10K with the juice. Over the years I have bought and sold many Roosevelt's
north of $6K. As recently as 2 weeks ago I paid over $6K for an MS Roosevelt Dime.
There are plenty of records available to justify Roosevelt Dime values. >>
Although I'm not a Roosie collector, I agree with you. Those who say no Roosie is worth 6k are unknowledgeable and shortsighted.
My icon IS my coin. It is a gem 1949 FBL Franklin.
<< <i>
<< <i>
<< <i>Don't want to go OT too much but can someone quickly summarize the difference between PCGS Full Band (FB) and NGC Full Torch (FT) for us non Rosie guys? Thanks in advance. >>
Exactly the same concept. Full (torch) Bands vs. Full Torch (bands).
Edit: This refers to the upper and lower horizontal dual bands, both of which must show full separation to qualify. >>
How rare is this? Is this one of the first things you look at when you see an uncirculated Roosevelt? >>
Depends entirely on the date/mm. It's very common on 58-D. Looking at the PCGS pop report, roughly
30% of 58-Ds graded have FB. By contrast, for the 49-S, it's more like 3%.
EDIT: Personally, I'm more interested in color than with FB on Roosies. If I were into combing albums of
raw coins with an eye toward profit, you bet it'd be what I'd be focusing on. However, if the coin isn't
at least gem (or higher for common dates), even FB usually won't be worth submitting.
<< <i>
<< <i>I have a picture of the finest known (IMO), unfortunately I can't seem to upload it. >>
BA,
Not sure, but I believe you are referring to the below NGC MS68*FT. This coin was in my former (Lablover Barkaroosie) #1 NGC Roosevelt Registry which was sold to you know who.
It's the best 1958-D example I've ever seen!!!! My poor image does the coin no justice. Hopefully, you can locate the other image.
Thank you Jim, that's the one I was talking about ! Hopefully my memory served me?
I love the 1/4 ounce gold eagles. APMEX has buy it now at $345. There are several others with buy it nows as well - all $450 to $550.
rainbowroosie April 1, 2003
<< <i>I love color. For over 25 years I've meticulously built a rainbow set of Rosie's driven solely by eye appeal. I've had to pay $$$$$$ for some of these coins, usually as part of an auction bidding war, or damn Lablover killing me to appease Onlyroosies! The coin is worth what someone will pay for it, nothing more nothing less. Wondercoin also fully understands this concept...how much is the BEST....literally a work of art ... worth? To you it may be $$, but to someone else, it may be $$$$$$$$$$$$$$. Right now, I'll gladly overpay anyone reading this who has a 1961P in 67 (don't care about bands) with truly great rainbow color. Do you have one? I don't think so, because 1961P Rosie's simply don't tone as well. Didn't know that did you?
Oh don't tell me that's the last date/mm you need in your monster collection!
<< <i>or damn Lablover killing me to appease Onlyroosies! The coin is worth what someone will pay for it, nothing more nothing less. >>
If you are going to own the best eye appealing Roosies bring a wallet. Bill's set is among one of the finest ever assembled in eye appeal and grade...and worth the expense!!!
I will qualify this by saying Larry Shepard told me he had a better one about 15 years ago, hopefully his was a 61D...😉
He never showed it to me and I might have been punked. 😉😉😉
rainbowroosie April 1, 2003
rainbowroosie April 1, 2003
<< <i>Monster toned 58-D FB Roosies are quite common, even in lofty grades. So to answer your question as to
why this coin is "soooooooooo expensive", it's because there are no limits to what a seller can ask for any
particular coin...
<< <i>why single this guy out. That is business as usual on Ebay. Ebay is packed full of flippers, I mean sellers who ask outrageously high prices for their flips I mean items. I would say 90% of all buy it nows ask at least 20% more than what APMEX charges for the identical item.
I love the 1/4 ounce gold eagles. APMEX has buy it now at $345. There are several others with buy it nows as well - all $450 to $550. >>
You'd think that after years of existence, new listers would use the "sold" search. I still see "hard to find" mid-grade circulated morgans in not even semi-key dates being sold with choice BIN prices while there are not only a few in competition at grade with lower prices, but plenty listed in better grades up through MS.