The 1949 MS68 FB Roosevelt Dime is a rare and valuable coin in the world of numismatics (coin collecting). While most Roosevelt dimes are common and worth just 10 cents, certain editions, like the 1949 MS68 FB, stand out because of their high-quality condition and unique features. This article will help you understand why the 1949 MS68 FB Roosevelt Dime is so valuable, how to identify it, and what it’s worth in today’s market.
What Is the 1949 MS68 FB Roosevelt Dime?
1. The Roosevelt Dime Series
The Roosevelt dime was first minted in 1946 to honor President Franklin D. Roosevelt, following his death. The coin features Roosevelt’s portrait on the front (obverse) and a torch flanked by an olive branch and an oak branch on the back (reverse). Most Roosevelt dimes are widely available, but some, like the 1949 MS68 FB, are considered rare and valuable due to their condition and specific minting details.
2. Understanding the MS68 Grade
The grade “MS68” refers to a coin’s condition on the Mint State (MS) scale, which ranges from MS60 (lowest) to MS70 (perfect). A grade of MS68 means the coin is nearly flawless with only tiny imperfections visible under magnification. This high grade is rare, making the 1949 MS68 FB Roosevelt Dime a standout among others from the same series.
3. What Does “Full Bands” (FB) Mean?
The “Full Bands” (FB) designation refers to the quality of the reverse side of the coin. On the reverse, you can see a torch with horizontal bands that are supposed to be fully visible and clear. A coin with the Full Bands designation means these bands are sharply defined and not flattened or merged. The “FB” label makes this coin even more sought after by collectors, especially when combined with the high MS68 grade.
Why Is the 1949 MS68 FB Roosevelt Dime Valuable?
1. Rarity and Quality
The 1949 MS68 FB Roosevelt Dime is rare because it combines two factors: its high-grade MS68 condition and the Full Bands feature. Most coins from this era show signs of wear or imperfections, but the 1949 MS68 FB remains in exceptional condition, which makes it highly valuable to collectors.
2. Collector Demand
Collectors are always on the lookout for high-quality coins, and the 1949 MS68 FB Roosevelt Dime is no exception. Due to its rarity and exceptional strike quality, it is in high demand among coin enthusiasts. The combination of a high MS grade and Full Bands makes it a top-tier coin for collectors.
3. Limited Supply
Since very few 1949 Roosevelt dimes have achieved the MS68 FB grade, they are considered scarce. The limited number of these coins on the market drives up their price, as collectors are willing to pay a premium for a coin in such outstanding condition.
Value of the 1949 MS68 FB Roosevelt Dime
The value of a 1949 MS68 FB Roosevelt Dime is influenced by its rare combination of high quality and Full Bands feature. In recent years, one of these coins has sold for as much as $13,200. The price can fluctuate depending on demand, but the value will generally remain high due to the coin’s rarity and quality.
Factors Influencing Value
| Factor | Description |
|---|---|
| Condition | The coin’s grade (MS68) and the Full Bands designation greatly affect its value. |
| Market Demand | Increased demand for Roosevelt dimes and high-grade coins can raise the value. |
| Auction Trends | Coins sold at high-profile auctions may fetch higher prices, especially if multiple bidders are involved. |
| Scarcity | Only a small number of 1949 MS68 FB Roosevelt dimes exist, making them highly sought after. |
How to Identify a 1949 MS68 FB Roosevelt Dime
If you think you have a 1949 Roosevelt dime that might be worth more than face value, here’s how you can identify it:
Steps for Identification
- Check the Date: Make sure the coin is from 1949.
- Look for Full Bands: On the reverse side, check the horizontal bands on the torch. They should be clearly defined without any flattening.
- Examine the Condition: A coin in MS68 condition will have almost no visible wear or imperfections. It will have a smooth, shiny surface.
- Professional Grading: If you believe your coin might be an MS68 FB, it’s a good idea to have it graded by a professional service like PCGS or NGC to confirm its value.
Conclusion: The Value of Quality in Coin Collecting
The 1949 MS68 FB Roosevelt Dime is a perfect example of how quality and rarity can make a coin valuable. With its high grade, Full Bands designation, and historical significance, it’s a prized piece in the Roosevelt dime series. Whether you’re a seasoned collector or just starting out, discovering a 1949 MS68 FB dime in your collection could be a big find. If you happen to come across one, don’t hesitate to get it professionally graded—you might have a valuable coin on your hands!
FAQ’s
What is the “Full Bands” (FB) designation on a Roosevelt dime?
The “Full Bands” (FB) designation refers to the clarity and definition of the bands on the torch on the reverse side of the coin. A coin with Full Bands has clear, fully visible bands without any flattening or merging.
How can I tell if my 1949 Roosevelt dime is worth a lot?
Check if the coin is in excellent condition (like MS68) and if it has Full Bands on the reverse side. If it meets both criteria, it could be worth thousands of dollars, especially if it’s professionally graded.
Where can I sell my 1949 MS68 FB Roosevelt Dime?
You can sell your valuable dime through coin dealers, online auctions, or specialized coin marketplaces. Consider getting it graded first by a professional service to ensure you receive the best price.