Question about Roosevelt Dimes

kamehameha00 · October 26, 2003 12:17PM

My granddad gave me a 1959 Roosevelt dime that I STRONGLY believe to be FB.I looked at some prices on the PCGS guide and they didn't list prices for FB pieces.How much would it be worth in Blast White 65-67 cond?Also,he has ALOT of MS 65+ 1957 Rooses and I do believe some are FB.How much would they be worth in Blaste White 65+ in FB?

techeff · October 26, 2003 12:32PM

I believe 1959FB Roosies are pretty high up in the pops and probably wouldn't bring too much of a premium, but I think the 1957FB pops are very low... Good luck finding one of them!

kamehameha00 · October 26, 2003 12:36PM

I'd say my granddad has over 150 1957 UNC roosevelt dimes.I believe,from the last time I looked,there are some in FB.

kamehameha00 · October 26, 2003 12:55PM

An roosie experts here?

Jody526 · October 26, 2003 1:20PM

I checked completed auctions on eBay. The only thing I could find were three 1959-D Roosevelt dimes graded by PCGS as being MS-66 FB. They sold for $20.50-$28.00.

Colorfulcoins · October 26, 2003 1:53PM

1959P is a GREAT coin in MS67FB and would probably command a $500+ price...bad news is that a MS66FB is a $25 coin. The 1959P is the lowest pop MS67 (banded and non-band) coin of the entire silver Rosy series with only 24 pieces graded. A worthy coin IF its MS67FB !

the 1957P is proving to be tough - there are NO MS67FB coins yet so you make the first MS67FB and its probably a $1000+ coin. I'd guess that even a MS66FB would be a pretty good coin and would probably sell today at several hundred dollars.

Finally, a word of advice.....SEND THEM IN NOW. If the MS66FB pop jumps, you coin could lose 50% to 75% of today's value quickly. The time is now to make that 57P in MS66FB or MS67FB! Good luck..... (and yes, I might be a buyer for that coin!)

sinin1 · October 26, 2003 2:08PM

I agree with everything colorfulcoins said ...

but need to add - look at quite a few PCGS Roosevelt slabs to get a handle on their scoring versus what you think .... bad news is if you get MS65 or lower, they probably will not be worth enough to cover cost of slabbing (with a few FB exceptions)

so you can go the shotgun route - send in quite a few hoping for a 67 (or 68 ) to cover the cost of your losers - or send in your best 10 (or 4 if you got collector club submissions - or whatever else you need to your submission to total the 10 minimum) and see how you fair

just a couple small nicks in the wrong place will lower the grade 2-4 pts

blast white is not necessarily good - not sure if there are any white 68's

look through eBay and you can get some inexpensive silver PCGS slabs in the 66 and lower range

techeff · October 26, 2003 2:25PM

what sinin1 said.

I sent in 3 1962 roosies recently... I was sure they were MS66FB++. One came back in a bodybag (still can't figure that one out), the other two came back MS65FB. Submitting coins can be a real expensive way to learn how to grade coins. I've since spent a lot of time on heritagecoin.com and this board learing how to grade. Oh, and I've bought some books. My advice would be to learn how to post some pics and get some feedback from the "experts." And if you want to get serious, but some books (e.g., Coin Grading and Counterfeit Detecting & Photograde). Best of luck!

kamehameha00 · October 27, 2003 7:56AM

I'll ask him if I can look at em' today,any more advice?

kamehameha00 · October 27, 2003 10:13AM

I just looked at over 150 of em with a Vivitar magnifer thingy and seen 4 that MIGHT be FB.It'll be a few weeks before I decide(and get permission)of what to do with them.

FC57Coins · October 27, 2003 10:19AM

<< <i>SEND THEM IN NOW. If the MS66FB pop jumps, you coin could lose 50% to 75% of today's value quickly. The time is now to make that 57P in MS66FB or MS67FB! Good luck..... (and yes, I might be a buyer for that coin!) >>

Craig:

If the above is true, why would anyone buy these roosies at these prices right now - a hedge on there not being anymore made? It seems that we're dealing with a market voilatility that's unsettling to say the least. You know that I have a set of roosies myself, so it's not that I don't like these coins, but it seems that letting the market dictate where these coins finally settle pricewise seems to be the most prudent approach. Talk to me.

Frank

rainbowroosie · October 27, 2003 10:45AM

SEND THEM IN NOW. If the MS66FB pop jumps, you coin could lose 50% to 75% of today's value quickly. The time is now to make that 57P in MS66FB or MS67FB! Good luck..... (and yes, I might be a buyer for that coin!) >>

Registry addicts are driven by a fear that they might possibly miss out on a "finest known" coin....Yes indeed, a hundred more 67s could be made, but what if they are "not" made????.... Lord forbid that you had a shot at the "best" and passed on it....That would be hell on earth for a registry addict.....Sadly, or gladly, money means very little to a true "addict." ...and what we have now are multiple Registry addicts bidding finest known coins to levels some (perhaps almost all) think are "insane" (and this comment about "insanity" comes from someone who himself has paid $1250 for a 1954D dime in MS 67).... sell the car, sell the house, mortgage the future -- but DO NOT miss a finest known....Here's the real rub: the deciding factor for addicts is the print on the slab NOT THE COIN INSIDE!!!...the "slab says it is MS 68 so it IS MS 68." ....I always question paying several thousand for a roosie dime in 68 when a "better" 67 might be $350. BOTTOM LINE: make sure the coin you are buying is a 68 and more IMPORTANTLY, that the 68 is better than an available 67!!!!!!!!

kamehameha00 · October 27, 2003 10:46AM

Saw a picture of a FB roose and the ones my granddad got arn't FB,sorry if I caused any inconvenice.

FC57Coins · October 27, 2003 11:30AM

Point taken Bill - however, it's hard for me to fathom being such a slave to the registry that you can't step back and make a determination as to what a sound investment is and isn't. I guess people are entitled to do with their money as they see fit. As for me, I'll think about it first.

sinin1 · October 28, 2003 2:49AM

kamehameha00

the examples that PCGS show are 1) a definite no brainer yes FB and 2) a definite no brainer no FB

there are many gradations between a yes and a no - some coins are sliders - can go either way

Colorfulcoins · October 28, 2003 4:21AM

Frank, as you probably agree, Bill (rainbowroosie) makes a good case for WHY it is benefical to have such a coin today for profit motive. A 57P in MS66FB (pop top today) is worth several hundred. There are Registry participants that have them and there are those that don't and WOULD pay to have such a coin today - there are more that want the coin than there are coins - its economics driven by Registry points. The "risk" is that someone submits thousands of bulk coins and guess what, gets 50 MS66FB 1957P's. That's great for the Registry buyers as the cost of the coins decreases but as the number increases, the profit opportunity for someone else trying to sell such a coin decreases. Have we beat this one to death?

Question about Roosevelt Dimes

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