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Post A 1996 W Dime, How Many Do You Have?

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oih82w8's Avatar
United States
7840 Posts
 Posted 02/23/2018  09:25 am  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
I used to have a 96-W in my Type Set, but I switched it for a 82 No P Roosevelt.

Edited by oih82w8
02/23/2018 10:13 am
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billymac11's Avatar
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 Posted 02/28/2018  5:11 pm  Show Profile   Bookmark this reply Add billymac11 to your friends list Get a Link to this Reply
Two. One in my 7070 to represent the clad Roosevelts and another in a custom type set Dansco book
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Rainman's Avatar
United States
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 Posted 02/28/2018  6:40 pm  Show Profile   Bookmark this reply Add Rainman to your friends list Get a Link to this Reply
Just got one a few months ago for a good price on ebay and that's the only one I need.
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paralyse's Avatar
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 Posted 02/28/2018  11:11 pm  Show Profile   Bookmark this reply Add paralyse to your friends list Get a Link to this Reply
My lone example.

Post-A-1996-W-Dime,-How-Many-Do-You-Have?

Post-A-1996-W-Dime,-How-Many-Do-You-Have?
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Chopped Triumphs's Avatar
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 Posted 03/01/2018  03:54 am  Show Profile   Bookmark this reply Add Chopped Triumphs to your friends list Get a Link to this Reply
Nice example Papalyse !
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cladking's Avatar
United States
2271 Posts
 Posted 03/01/2018  10:08 am  Show Profile   Bookmark this reply Add cladking to your friends list Get a Link to this Reply

Quote:
Hard to believe that coin is 22 years old this year and is still relatively cheap!

I used to see rolls of them now and then but they've kinda dried up the last few years.

They are sorta like 50-D nickels in that the entire mintage was gobbled up by speculators and they are still waiting for the market to take off---- someday it might!


I have a few of these so might be considered a "speculator". I like them all because the quality of them is very high and almost none are ugly but I especially like the very high grade examples with creamy surfaces and solid strikes.

Most of the low mintage coins made since 1931 have all ended up in the hands of just a very few people and this certainly applies to the '50-D 5c. These individuals simply acquired as many of the coins at time of issue as they could and ended up with many thousands, and in some cases hundreds of thousands acquired for face value or close to it.

But the '96-W is different because it virtually passed under the radar and was very widely distributed. Few people acquired more than five examples at issue and these cost significantly more than ten cents each.

That makes this issue virtually unique in terms of its market; it is a low mintage modern with no large hoards hanging over the market. These hoards work to suppress price increases because owners always sell into strength. Every time the price starts higher there is massive selling and the apparent supply swamps the new demand. This won't happen with this issue.

The reason for the low price is simply because so few people collect clad dimes. But this is changing and at some point new demand will simply force existing holders to sell their coins.

I think the future is very bright for this coin.
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cladking's Avatar
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 Posted 03/01/2018  10:22 am  Show Profile   Bookmark this reply Add cladking to your friends list Get a Link to this Reply
People tend to assume attrition on moderns is almost nonexistent but the reality is even the valuable moderns experience a lot more attrition than older coins. There's very little chance an old BU 2c piece will get into circulation but there are countless ways a '96-W 10c can. The 2c piece is far more likely to sit safe in a safety deposit box when the coin shop floods, burns down, or is robbed. Modern coins are more likely to be exposed to conditions that will tarnish then as well.

I haven't heard of many of these in circulation but there have been a couple of reports. I tend to believe most such reports. Frankly I'd be surprised if more than about 1.3 million of the 1.5 million mintage survives and only 95% of these are still pristine.

But a large percentage are Gem (~60%) so don't pay a premium unless the coin is very high grade (like the one above).
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jbuck's Avatar
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Chopped Triumphs's Avatar
United States
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 Posted 03/01/2018  4:04 pm  Show Profile   Bookmark this reply Add Chopped Triumphs to your friends list Get a Link to this Reply
Thank you Cladking !
I agree with your opinion .
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Debrajc's Avatar
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 Posted 03/01/2018  6:19 pm  Show Profile   Bookmark this reply Add Debrajc to your friends list Get a Link to this Reply
I own two for sure, maybe three.

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Earle42's Avatar
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10038 Posts
 Posted 03/01/2018  9:33 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list Get a Link to this Reply
One. Bought it just b/c it was different.
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kena's Avatar
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1682 Posts
 Posted 03/02/2018  05:59 am  Show Profile   Bookmark this reply Add kena to your friends list Get a Link to this Reply
At least one made it over to England since I have one.

Post-A-1996-W-Dime,-How-Many-Do-You-Have?

Ken
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jbuck's Avatar
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 Posted 03/03/2018  12:14 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
At least one made it over to England since I have one.
Very nice!
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Chopped Triumphs's Avatar
United States
562 Posts
 Posted 03/03/2018  04:14 am  Show Profile   Bookmark this reply Add Chopped Triumphs to your friends list Get a Link to this Reply
Very nice Kena
Keep posting if you have 'em.
Edited by Chopped Triumphs
03/03/2018 04:17 am
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wulffy11's Avatar
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543 Posts
 Posted 03/03/2018  1:10 pm  Show Profile   Bookmark this reply Add wulffy11 to your friends list Get a Link to this Reply
I have one! Still in a 2 x 2 tucked away. I forgot how much I paid for it. Perhaps, I picked it up for around $12?
Edited by wulffy11
03/03/2018 1:10 pm
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