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Replies: 15 / Views: 1,689 |
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Pillar of the Community
United States
526 Posts |
What is special about the 1955's of this type of coin. I have a tube of 1955-S's that are all au/bu and have all of the 1955's in the issue all in BU condition.
Are these just considered junk silver or do they have a premium over melt?
Any help would be appreciated as I can't find anything that indicates they are special to the Roosevelt collection.
Thanks for any input.
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Valued Member
United States
70 Posts |
If they're uncirculated, they usually have a small premium over melt, depending on how high MS they are, and rarity, errors, etc.
The 55 Roosies are pretty common with all three Mint's making over 12 million, and San Fran struck 18,510,000 that year.
Unless you have any that grade 67 or higher, they're not a lot of value without errors or varieties.
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Pillar of the Community
 United States
526 Posts |
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Bedrock of the Community
United States
20753 Posts |
Many S minted coins are becoming harder to find since so many think they are ALL worth more so they tend to hoard all S minted coins.
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Pillar of the Community
 United States
526 Posts |
I have a complete Dansco of Circulated/Proofs/Silver Proofs. I am trying to get rid of the books and have the coins in 2X2's instead, that way I can look at them anytime I so choose. The issue I have is these coins are ALL BU and many Cameo's and Silver Cameo's in the lot. I just do not know what to keep and what to throw into a tube for storage. I do have the dime minted at West Point, any particular numismatic premimum on that coin? I know that certain years there were to Mint/Proof sets offered I am just not certain which years there were. I am in a quandry over what to do, junk them, keep them and if keep them, what do I keep?
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Pillar of the Community
United States
3345 Posts |
1955 had the lowest mintage of the Roosevelt dimes, so I beleive some may bring a premium, especially in BU
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Bedrock of the Community
United States
20753 Posts |
Quote: I just do not know what to keep and what to throw into a tube for storage. I do have the dime minted at West Point, any particular numismatic premimum on that coin? I know that certain years there were to Mint/Proof sets offered I am just not certain which years there were. I am in a quandry over what to do, junk them, keep them and if keep them, what do I keep? Not sure what the problem is. You didn't say you need money. You didn't say yor moving and have no room for them. You didn't say your getting divorced so whe wants everything. So, just keep all the coins you have. Put them in 2x2's, plastic flips, Albums, etc. Regardless, just keep them all. You nor anyone can have to many coins.
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Pillar of the Community
United States
1590 Posts |
1955s have a premium, not much right now, but I can say that if you offered a BU roll right now is worth about $150 or better for your roll. Definatly NOT junk. The 96W is a good date to. You will get more selling such a roll rather than scrapping it. As a dealer I can tell you the industry average for a roll of any silver dimes is $100.
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Pillar of the Community
United States
3755 Posts |
MS 64 for 55 lists out around 7 bucks FRV. The 96W around 10 or so. But I am confused as to why you want to remove them from the book. You state so that you can look at them any time, but a Dansco is far easier to pick up and flip through than grabbing a box and digging through the 2x2s. Of if you stored the 2x2s in a 3 ring binder in plastic pages, that is a less attractive manner of storing the coins IMO. But, if you are determined to remove them from the Dansco, and they are all proof/MS coins, then I would suggest ringed air tights and store them in an air tight album... http://www.jpscorner.com/AirTite_Ri..._Holders.htmhttp://www.jpscorner.com/AirTite_Coin_Albums.htmMy wife is doing her hi grade Frankies in these albums. A nice way to store your coins, keep them convenient with the highest level of protection for them. And keep all of them. If it is a full set, the ONLY reason to get rid of any of them is to upgrade. As carl said, you mentioned no compelling reason to ditch the coins.
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Pillar of the Community
United States
3486 Posts |
I wax nostalgic: The three 1955 Roosevelt's did not turn up often in circulation when I was a kid, and it pained me most severely when the bullion value exceeded the numismatic value. When Friday came, milk money day, the nun would call off the dates so the we rug rats could trade in a common dime for the ones which we needed. I RAN up to her desk when she called off a 1955-S. Happy days, long gone by.
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Pillar of the Community
 United States
526 Posts |
Quote: Not sure what the problem is. You didn't say you need money. You didn't say yor moving and have no room for them. You didn't say your getting divorced so whe wants everything. So, just keep all the coins you have. Put them in 2x2's, plastic flips, Albums, etc. Regardless, just keep them all. You nor anyone can have to many coins. Just Carl, I do not need the money, I am just trying to make room in my safe. The Dansco they are currently in takes up a considerable amount of space compared to either a tube of dimes or 2X2 flips for the coins with some numismatic value. I am running out of room and have cleaned out several albums and put them in tubes or flips. I am not getting rid of any of my guns to make more room..... 
Edited by Freedom 10/02/2012 09:23 am
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Pillar of the Community
 United States
526 Posts |
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Bedrock of the Community
United States
17884 Posts |
The 55-S is to the dime as the 50-D was to the nickels. A coin that was widely hoarded and today it is much more common in BU than in circulated condition. It was widely known in 1955 that the San Francisco mint was being closed down and that these would be the last of the S mint dimes so most of the mintage was put away in BU rolls and bags. (Same thing happened with the 1955-S cents) It made the 55-S dime hard to find in circulation and difficult to get except with a high premium for a long time because everyone was holding them for bigger profits in the future. But 18 plus million is just too high a mintage to support a premium and eventually enough coins slowly trickled out to satisfy the demand from dime collectors. When that happened the premium value for all those hoarded dimes collapsed. Now they have just a small premium over that of common silver dimes.
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Bedrock of the Community
United States
20753 Posts |
Quote: Just Carl, I do not need the money, I am just trying to make room in my safe. The Dansco they are currently in takes up a considerable amount of space compared to either a tube of dimes or 2X2 flips for the coins with some numismatic value.
I am running out of room and have cleaned out several albums and put them in tubes or flips. I am not getting rid of any of my guns to make more room..... You just have to make a decision based on importance. For example just how much do you need that furnature? Do you realy need all those cloths. Is all that food necessary? Look around and you'll see there are so many things you can get rid of for coins. Are you married? If so, one more thing to get rid of.  One Album is trivial for space. I've got well over 100 Albums. There is always room for coins.
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Moderator
 United States
188213 Posts |
Quote: This is the collection that I am referring to: I think it looks perfectly fine in the Dansco. You need to make room for it. 
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New Member
United States
1 Posts |
Quote: I wax nostalgic: The three 1955 Roosevelt's did not turn up often in circulation when I was a kid, and it pained me most severely when the bullion value exceeded the numismatic value. When Friday came, milk money day, the nun would call off the dates so the we rug rats could trade in a common dime for the ones which we needed. I RAN up to her desk when she called off a 1955-S. Happy days, long gone by. this is poetry. -max
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Replies: 15 / Views: 1,689 |
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