The 1982 No P Dime
How many Roosevelt collectors on here include this dime in their set? My capital plastics holder has a spot for it.. Do Dansco albums as well?
Comments
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Very interesting coin. There's two varieties---weak date and strong date.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire0 -
I have had this one in my collection for a while.
oih82w8 = Oh I Hate To Wait _defectus patientia_aka...Dr. Defecto - Curator of RMO's
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@PerryHall said:
Very interesting coin. There's two varieties---weak date and strong date.I have both of them in my Dime sets.
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I owned one for several years. Its a good variety for the series!
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The Roosevelt Dime pictured is a awesome looking coin!
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I used to own a 1982-No/P PCGS MS67FB a few years ago and man it was a really nice coin. Wish I had it still.
Later, Paul.2 -
@DIMEMAN said:
@PerryHall said:
Very interesting coin. There's two varieties---weak date and strong date.I have both of them in my Dime sets.
Why am I not surprised.
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Many of these first turned up at an amusement park in North Central Ohio (Cedar Point.) I think it was the strong date variety.
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I like this coin a lot for some reason.
Here's mine.
Sorry for the two lint distractions
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I thought my well struck piece was almost unique.
These are some great coins here.
tempus fugit extra philosophiam.1 -
Mine is MS66 Strong, #12009175. Nice coin.
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I always wanted to find one in change.
No luck to date
Frank
BHNC #2031 -
I hear it sparked a modern day treasure hunt even among non-collectors at the time. A missing mint mark is a lot easier to understand by the general public than a more difficult to discern double die. (unless it’s dramatic like the 1955 or 1972 cents)
I will probably pick one up because that hole in my set is driving me crazy.😵
"I'll split the atom! I am the fifth dimension! I am the eighth wonder of the world!" -Gef the talking mongoose.0 -
I have one that I bought in the summer of 1983. Sent it to ANACS back then for grading, it came back MS-63. I went along with this grade because I knew much less about grading back then, and felt that strong luster should play a big role in a coin's grade. After storing it away and ignoring it, a year-and-a-half ago I looked at the dime for the first time in decades and said "Hmmmmm, not terrible luster, and the surfaces are awfully nice for an MS-63". So I re-submitted it to ANACS 35 years after the first submission, and it came back MS-66. Go figure.
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that's the Cedar Point dime.
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I've been to Cedar Point many times. Was just a YN when this was in the wild back in the day.
Here's mine.
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It may be convenient or useful to treat them as two different varieties (especially since the market values one more than the other), but technically, they are not. They are both struck from the same die pair - the obverses and reverses each have matching die polishing lines - therefore, they are the same die variety. The only difference is the strike.
The die polishing lines are easier to see if you open the images in a new tab and view them at 100%-200% magnification. Distinctive die polishing lines are practically all over the reverse; on the obverse, there are a few big ones near the top of Roosevelt's head/hair, one going from "Y" to the hair, etc.
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Like these coins and love these holders.
Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )
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Today, my wife just dumped her change when I was telling her to look for 2023 Lincoln's with an extra V. I was asking her to look for 1982 dimes missing the P. I didn't tell her what this cost me a few years ago, but she'll figure it out. Here's mine. So, some PCGS graded coins have "No P" and mine has "No Mintmark". When did this change happen?
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@bramn8r said:
So, some PCGS graded coins have "No P" and mine has "No Mintmark". When did this change happen?>
I don't know. I wish mine had "Strong" on the label.
Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )
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I have 3 of them. Two are raw and one graded MS66. All the strong variety.
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I feel that there is no reason to treat varieties as "part of the set," unless you want to.
I wanted to, in this case.
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@PerryHall said:
Very interesting coin. There's two varieties---weak date and strong date.I would like to have one but, too many people believe its worth more than its value or they want retail. Not worth it, not a dream coin.
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@KennedyHalf said:
@PerryHall said:
Very interesting coin. There's two varieties---weak date and strong date.I would like to have one but, too many people believe its worth more than its value or they want retail. Not worth it, not a dream coin.
God forbid they charge retail...
All comments reflect the opinion of the author, even when irrefutably accurate.
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@KennedyHalf It is the only circulation strike US coin that has the mintmark omitted from the die. I think they are undervalued today.
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@koynekwest said:
Many of these first turned up at an amusement park in North Central Ohio (Cedar Point.) I think it was the strong date variety.The dealer who owned Toledo Coin Exchange back in the day became a key market maker for these. Apparently he owned hundreds of them shortly after issuance.
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@gumby1234 said:
@KennedyHalf It is the only circulation strike US coin that has the mintmark omitted from the die. I think they are undervalued today.They clearly cost more than @kennedyhalf is willing to pay.
All comments reflect the opinion of the author, even when irrefutably accurate.
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@Walkerguy21D said:
@koynekwest said:
Many of these first turned up at an amusement park in North Central Ohio (Cedar Point.) I think it was the strong date variety.The dealer who owned Toledo Coin Exchange back in the day became a key market maker for these. Apparently he owned hundreds of them shortly after issuance.
There are apparently several hordes of these and this holds the price down. Eventually these will be dispersed and I believe the price will take off. This might be fifty years from now though.
tempus fugit extra philosophiam.0 -
Mine is a MS66FB Strong. I would like a 67 sometime, but really the 1968 no S proof is my current quest.
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@cladking said:
@Walkerguy21D said:
@koynekwest said:
Many of these first turned up at an amusement park in North Central Ohio (Cedar Point.) I think it was the strong date variety.The dealer who owned Toledo Coin Exchange back in the day became a key market maker for these. Apparently he owned hundreds of them shortly after issuance.
There are apparently several hordes of these and this holds the price down. Eventually these will be dispersed and I believe the price will take off. This might be fifty years from now though.
It could very well be that some are still owned in hoard quantities. When I last talked to him, it was pre-2000, and he indicated he had sold quite a few, but still had several hundred left. Whether these have been dispersed or still owned intact by someone, I have no idea.
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@jmlanzaf said:
@KennedyHalf said:
@PerryHall said:
Very interesting coin. There's two varieties---weak date and strong date.I would like to have one but, too many people believe its worth more than its value or they want retail. Not worth it, not a dream coin.
God forbid they charge retail...
Agreed.
"They cost more than I want to pay," I get; lots of coins fit into that box for me. "I don't want to pay that much, so the seller 'believes it's worth more than its value'," when the coins sell just fine at that price point, is just silly!
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If the price is to high...walk on by.
The next time around...it may come down.oih82w8 = Oh I Hate To Wait _defectus patientia_aka...Dr. Defecto - Curator of RMO's
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As a boy there were still 50,000 '16-D dimes and any nice collectible specimen (nice G or better) would run about $100.
Today most estimates put the mintage of the '82-NMM at one fifth of this (I think there are more) and the price for an Unc is around $100.
Not only has the value money changed but even the population that uses these coins has doubled.
If there weren't a few people owning many examples the price of these would be able to increase.
tempus fugit extra philosophiam.0 -
I personally like the 1996-W more.
Pete
"I tell them there's no problems.....only solutions" - John Lennon0 -
@cladking said:
As a boy there were still 50,000 '16-D dimes and any nice collectible specimen (nice G or better) would run about $100.Today most estimates put the mintage of the '82-NMM at one fifth of this (I think there are more) and the price for an Unc is around $100.
Not only has the value money changed but even the population that uses these coins has doubled.
If there weren't a few people owning many examples the price of these would be able to increase.
Shouldn't the hoards actually increase the price since they artificially constrict the supply? If you release all of those hoard coins onto the market, you'll flood it and drive the price down.
All comments reflect the opinion of the author, even when irrefutably accurate.
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@jmlanzaf said:
Shouldn't the hoards actually increase the price since they artificially constrict the supply? If you release all of those hoard coins onto the market, you'll flood it and drive the price down.
All else being equal, yes, and in the long run, yes. But in the short run prices are set much more by perception than supply and demand and every time prices firm sellers step in. It tends to have a strong dampening effect. If they were buying or not selling them their actions would tend to raise the price.
It's quite possible the effect isn't as great as I believe. The number of collectors of clad dimes is still quite low. Sure there are lots and lots of beginners but not very many more advanced collectors.
I think the coin is a long term winner but right now there isn't all that much demand.
tempus fugit extra philosophiam.0
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