The First 2010 Roosevelt Dimes
The first 2010 Roosevelt Dimes have apparently started showing up in the channels of circulation. At least two eBay sellers have individual 2010-P Roosevelt Dimes listed for sale at auction.
As of the last available production figures from the United States Mint, only 19 million of the 2010 Roosevelt Dimes have been produced, with the entire amount coming from the Philadelphia Mint facility. There have not been any 2010 Roosevelt Dimes produced at Denver. Additionally, there have not been any 2010 Jefferson Nickel produced at either mint facility.
Completed eBay auctions show that one of the first listed individual 2010-P Roosevelt Dimes sold for $31.00. That was for a single dime. There are currently 25 different listings for individual 2010-P Dimes on eBay. See the current auctions.
The listings seem to come from just two sellers, both located in Ohio. If you are in the area, it might be worthwhile to check out some banks to see if any additional rolls are available.
Last year, the first 2009-P Roosevelt Dimes started appearing in late May, located in Texas. In early June, more 2009-P Dimes and the first 2009-P Jefferson Nickels surfaced in Puerto Rico. Only recently, some 2009-D Roosevelt Dimes have surfaced, but the 2009-D Jefferson Nickels still remain elusive. (For all of the preceding, I am referring to circulation strike coins, not the satin finish versions which are found in the 2009 Uncirculated Mint Set.)
The 2009 nickels and dimes have attracted attention and high premiums because of the significantly lower mintages and the fact that they had remained elusive in the channels of circulation. The final production figures from last year were the following:
|2009-P Roosevelt Dime||96,500,000|
|2009-D Roosevelt Dime||49,500,000|
|2009-P Jefferson Nickel||39,840,000|
|2009-D Jefferson Nickel||46,800,000|
As a cautionary note to the current prices being paid for the 2010-P Roosevelt Dimes, an article in Coin World from earlier this year reported that the Federal Reserve had ordered 224 million dimes from the Mint. If the US Mint produces coins to fulfill the order, the total mintage would be above the last year's combined mintage for the denomination.
Also, prices for "firsts," such as this, tend to drive premiums irrespective of the rarity, simply for being the first available. These premiums shrink as time passes or more of the item becomes available.
Labels: Other Coins