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The Roosevelt Dime, The Unsung Hero

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Rest in Peace
moxking's Avatar
United States
17900 Posts
 Posted 09/27/2016  7:07 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
So, seignorage isn't real money?

Every collectible market has been killed by overpriced limited edition items.

Comics died pretty hard at the end of the 1980's because of all the "special" editions and new printers.

Baseball cards were destroyed by 1991 for the same reasons.

Even our own classic silver commemoratives died because of overproduction from three mints for the same designs year after year.

Has anyone ever added up what it would cost to have just one example of all the mint products put out in a single year? All the different special reverse proofed holographic oval shaped mad items. Tens of thousands of dollars, with the gold, I'm sure.

But as bad as we have it for overproduction of US coins, it's nothing compared to the Canadian mint. I hope the folks buying all that Canadian stuff still have room on their shelves for all that limited edition stuff. Right next to their Beany Baby collection.
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cladking's Avatar
United States
2271 Posts
 Posted 09/27/2016  7:12 pm  Show Profile   Bookmark this reply Add cladking to your friends list Get a Link to this Reply
It's interesting that the silver set is a mere 48 pieces spanning only 19 years while the "clad" set is 184 coins struck over more than half a century.
Time don't fly, it bounds and leaps.
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oriole's Avatar
Canada
5241 Posts
 Posted 09/27/2016  7:45 pm  Show Profile   Bookmark this reply Add oriole to your friends list Get a Link to this Reply
@Moxking, to get one of every RCM product for last year would have cost about $300,000. So while most collectors have a few items, nobody gets the complete set anymore. It is almost impossible to keep track of the many different issues-I certainly do not even try. So rest assured that most coin collectors do not have a house full of RCM product.

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United States
1191 Posts
 Posted 09/27/2016  8:19 pm  Show Profile   Bookmark this reply Add LibertyEagle20 to your friends list Get a Link to this Reply
Its not my favorite design, but It's my favorite series to collect because you can get some nice coins for an affordable price. A full silver set won't break the bank either. I think this series has a lot of upside but I don't know if it will ever "wake up." I think it will take a major design change to generate popularity. The upside to keeping the same design for 70 years, is that most people are familiar with this coin in circulation. Hopefully it will be nostalgic for folks in 25+ years from now and prices will rise (assuming they finally change the design).
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davec13's Avatar
United States
757 Posts
 Posted 09/27/2016  9:02 pm  Show Profile   Bookmark this reply Add davec13 to your friends list Get a Link to this Reply
I was on the fence about this set until I picked up a dansco. I started filling holes and they looked so good together I filled that album rather quickly.
The-Roosevelt-Dime,-The-Unsung-Hero

I'm on my second dansco right now as I upgrade the original dansco the "leftovers" go into the second album. Definitely an easy set to complete and easy on the wallet.
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jbuck's Avatar
United States
188770 Posts
Bedrock of the Community
United States
20753 Posts
 Posted 09/28/2016  12:14 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
I have 5 completed sets of those Roosevelt dimes. Wish they would change so I can stop adding pages to my Albums.
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jbuck's Avatar
United States
188770 Posts
 Posted 09/28/2016  2:44 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Wish they would change so I can stop adding pages to my Albums.
I did not want to add pages or upgrade the binder size (to keep adding even more pages) so I ended mine when the last page was full. I continue collecting them in a custom "ultra-modern" album with cents and nickels. When that one fills I will start another.
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Coinfrog's Avatar
United States
94367 Posts
 Posted 09/28/2016  4:41 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
cladkiing - Good point, hadn't realized that.
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jpsned's Avatar
United States
2207 Posts
 Posted 09/28/2016  7:23 pm  Show Profile   Bookmark this reply Add jpsned to your friends list Get a Link to this Reply
Force, I agree 100% with you! The other coins have been deflowered by mint hucksters trying to make an extra buck with all these new hideous obverses and reverses that don't match each other and just create chaos. The Roosy 10 cent has withstood the test of time and is looking just as handsome as ever. It's the little coin that could.
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Steele's Avatar
United States
1119 Posts
 Posted 09/28/2016  10:23 pm  Show Profile   Bookmark this reply Add Steele to your friends list Get a Link to this Reply
lol. deflowered
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PlumCrazy814's Avatar
United States
883 Posts
 Posted 09/29/2016  01:15 am  Show Profile   Bookmark this reply Add PlumCrazy814 to your friends list Get a Link to this Reply
I am sorry but I will always stand up and vocalize for the FDR dime. This is primarily because of the advocacy of the march of dimes launched by him that resulted in the reclamation of not only enjoyment of summer for children in the USA but also helped fund research that has nearly eradicated polio on the planet.

I was, thankfully, not affected by polio but I did live around those that were.

I say continue with the obverse. I like Mercury dimes but, really, if you are that much in support of a Roman God of financial gain why not just put him on the $10 bill?

I think that if you put your mind toward the significance of the March of Dimes you can appreciate that collection of Roosevelt dimes might have the added obligation of recognizing that you might want to consider donation to a worthy cause.

If you don't want to collect them, then at least contribute them to a cause you are interested in.

I am also biased because I share a common ancestor with FDR so there is that.



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jbuck's Avatar
United States
188770 Posts
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cladking's Avatar
United States
2271 Posts
 Posted 09/29/2016  12:31 pm  Show Profile   Bookmark this reply Add cladking to your friends list Get a Link to this Reply
I like the Roosevelt a great deal as a collectable. About 80% of the US population was born since its inception and more than 95% of collectors have grown up with the coin.

It has remained essentially unchanged other than the switch in materials, moving mint marks to the obverse and the introduction of the P and W mint marks. While the silvers were heavily collected even in BU and worn coins are mostly still with us the clads have not been very heavily saved, especially in choice condition. There are some very rare coins in the series from overmintmarks to proofs struck at the San Francisco mint without mintmarks. The mint even got caught failing to put a "P" on some of the 1982 dimes. Some neat varieties even show upin mint sets like the '69- D/D.

A complete set in chBU condition can be assembled for next to nothing and a Gem set can be done on a shoestring. Significant rarities exist in the series if you desire FB's or superb Gems. There are also a virtually complete set of PL's available with effort.

The series has never been verypopular even back in the silver days; people saved the coins much more than people collected them. This leaves open the near certainty that more varieties and rarities will be discovered.

It could be a while until enough interest exists to have much effect on prices but in the meantime you can pick up great coins for next to nothing.
Time don't fly, it bounds and leaps.
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n9jig's Avatar
United States
997 Posts
 Posted 09/29/2016  6:05 pm  Show Profile   Bookmark this reply Add n9jig to your friends list Get a Link to this Reply
As far as trying to collect the various things the US and RCM Mints produce I don't bother. For me, I define a "Coin" as a legal tender device intended to be used in every day commerce. The silver, gold, proofs, special sets, commemoratives and other stuff the mints produce I define as "Legal Tender Collector Items" (LTCI).

For these reasons I consider my COIN collection complete for each year with a Mint Set and even that contains things that doesn't meet my strict definition (halves and US dollar coins) but I keep booking them to complete the series.

I also don't consider varieties as separate issues and I consider my Lincoln Cent collection complete without the 55 DDO for example but I will try to find them when possible.

I do buy some of these LTCI's from time to time but I don't get every one. I might pick up a Proof set here and there and I kind of like some of the RCM silver. The wife might look at something and buy it because she thinks it is pretty and I occasionally will pick up a bullion "coin" like an ASE.

As far as the Roosevelt dime is concerned I consider my collection complete with no silver dated 65 or later and no proofs. It is probably the easiest to complete except perhaps the Jefferson nickel.
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