Roosevelt clads

Comments

• mojorizn Posts: 1,380 ✭

  October 23, 2003 11:16AM

  Hi Joann! Welcome to the boards!
  
  The truth is that Roosevelt clads have little value in grades less than MS65. Unless you have a spectacular modern Roosevelt in a high certified grade, what you basically have is a spendable dime.
  
  Modern collectors will pay premiums for extremely high grade coins, but to realize a true profit they must be certified by a third party grading service, preferably NGC or PCGS.
  
  The dates of 1965, 1966, and 1967 are especially desirable in high MS grade as no proof sets were offered in those years, so the Mint Sets were the best of the best.
  
  As far as grading proofs, I'm not your man. My specialty is circulated early 20th century issues. There are many modern collectors on this forum who are very knowledgeable in grading MS and proof issues. I'm sure they will put in their two cents!
  
  MOJO

  "I am the wilderness that is lost in man."
  -Jim Morrison-
  Mr. Mojorizn
  
  my blog:www.numistories.com

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• nwcs Posts: 13,386 ✭✭✭

  October 23, 2003 11:21AM

  Welcome to the boards! I'm afraid that clad roosevelt dimes in less than the best possible conditions are basically worth only 10 cents each. That does not mean they cannot be fun, though. They are affordable fun! Making a date set of 1965 to today can still be a bit of a challenge and certainly not too hard on the budget.
  
  The answer to the proof question is mostly in terms of the quality of the proof. The number of hairlines on it, the possible damage on it, that sort of thing. The higher the number the fewer visible flaws. Most of the flaws are only seen by people who have looked at a lot of proof coins. I can grade MS coins decently, but proofs just don't register with me. Feeling is mutual, though, as I own very few proofs.

  Blog and Pics

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• fivecents Posts: 11,207 ✭✭✭✭✭

  October 23, 2003 12:12PM

  Welcome to the boards Joann.
  I would take all of the MS60+ clad Roosies and start a date and mintmark set. Some of the MS60 and up clad dimes have some value over a dime for sure.

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• cladking Posts: 28,735 ✭✭✭✭✭

  October 23, 2003 2:10PM

  I'm a relative newcomer but can say that there are MS-60 clad dimes worth up
  to about $150 per roll on the wholesale market. While the high grade clads get
  most of the attention because most are in short supply, there are many of these
  which have substantial values and short supplies in lower grades. Only some var-
  ieties command much of a premium in circulated condition right now but there are
  some of these which are quite scarce in nice circulated grades and are likely to com-
  mand a premium in the future. Hundreds of thousands of folders for these coins are
  being sold to the general public in the last few years and eventually they are learn-
  ing which of these are difficult to find. It won't be long until there is a viable market
  in circ clads. In the circs look for nice well struck coins in at least a couple of grades
  over the typical grade for that date in circulation. Hang onto any undamaged and at-
  tractive key dates even if they are low grade. Watch for varieties and errors. Other
  coins are likely best returned to circulation.

  tempus fugit extra philosophiam.

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