Valuable Roosevelt Dimes

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By Joe Macho

Valuable Dimes -

It's fairly easy to say that Roosevelt Dimes are one of America's most forgotten about coins. With billions upon billions produced, these small coins pass through the hands of thousands each day. Sadly, they are thrown in pockets and change holders without so much as even a glance at the coin. They're almost too common to be noticed! Don't let commonality fool you though, there are still plenty of valuable Roosevelt dimes to be had. Of course there are more valued collections, but piecing together the complete Roosevelt dime collection is always a great reward. In this article, learn the history of these dimes and discover the value of Roosevelt dime key dates.

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Value of Roosevelt Dimes. Pictured above is 1963 Silver Dime
See all 2 photos
Value of Roosevelt Dimes. Pictured above is 1963 Silver Dime

History of the Roosevelt Dime -

  • The first mintage of the Roosevelt dime collection was produced in 1946. Produced with a 90% silver composition, the Roosevelt Dime was designated as the presidential themed replacement for the Mercury Dime.
  • The original and still minted design was created by John R. Sinnock. His initials can be found below the neckline of the Roosevelt portrait featured on every dime.
  • Unlike many other denominations of United States coinage, the design of these dimes have long been relatively unchanged. In fact, the only design change for Roosevelt dimes took place in 1964 in which the metal composition was changed to eliminate silver.

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Composition and Melt Value:

If you're interested in investing in silver, but have a tight budget to work with, silver Roosevelt dimes are a good option to start off with. They're 90% silver, but because of their small size, they have a relatively low weight that keeps purchasing prices very reasonable.

1946-1964:

  • Weight – 2.5 Grams
  • Metal Composition – 90% Silver, 10% Copper
  • Melt Value – Approx. $2.89

1965-Present:

  • Weight – 2.27 Grams
  • Metal Composition – 75% Copper, 25% Nickel
  • Melt Value – Approx. $0.02

*You'll be able to tell Silver Roosevelt Dimes from Nickel Clad Dimes from their subtle color difference and a distinctive "clink" against other change.

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Proof Dimes, like the one above, are generally worth more than normal minted dimes, but they can only be purchased with Proof Sets. You won't find these in circulation.
Proof Dimes, like the one above, are generally worth more than normal minted dimes, but they can only be purchased with Proof Sets. You won't find these in circulation.

Value of Roosevelt Dimes:

Besides the silver value of the pre-1965 mintages, it's unfortunate to report that there are very few Roosevelt dimes worth more than their melt value. However, throughout the years, there has been a few somewhat scarce mintage years and a handful of Roosevelt dime errors. These Roosevelt dime key dates and errors are really where the value lies! Below you'll find a list of valuable key date and error dimes:

  • 1949S – This particular mintage is considered to be the only true key date Roosevelt dime. The value of a 1949S Roosevelt dime ranges from $10 in EF condition to $200 for mint state specimens.
  • 1949 – Semi Key date. Values range from slightly above melt to $30 in mint state condition.
  • 1951S – Semi Key date. Values range from slightly above melt up to $25 for coins in mint state condition.
  • 1952S – Semi Key date. Values range from slightly above melt up to $25 for specimens in mint state condition.

Roosevelt Dime Errors:

  • 1982P – This recognized mint error coin missing the P mint mark, is considered to be the most valuable Roosevelt dime. With only 15,000 believed to have escaped into circulation, values for these dimes can sometimes exceed $500 for specimens in mint state condition.

Coin values are directly based on their Grade or condition. Its important to understand the Grading Scale in order to properly place a value on your Roosevelt Dime.

  • 1964D – This recognized mint error dime exhibits double striking of the die on the reverse side. It is known as the 1964D Double Die Reverse Error. Coins range from around $10 in Fine condition to around $75 in Mint State.

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Just because the value of Roosevelt Dimes is relatively low doesn’t mean that they aren’t fun to collect. In fact, because of the low pressure put on Roosevelt Dimes, they are a great way to collect a complete collection of coins inexpensively. The majority of these coins can easily be found in circulation, making Roosevelt dimes a great collection for beginners! You might not have the most valuable of collections, but you’ll at least have a cool chunk of American history. Thanks for reading my article covering valuable dimes.

Comments

Beth100 profile image

Beth100 Level 5 Commenter 8 months ago

Thanks for the link to this hub!! Just out of curiosity, and since I am not familiar with American coinage, what is the P mark? Where do I look for that? I have a full tin of American coins -- many are silver dimes, quarters, half dollars. :) I've been collecting coins since I could hold one. :) Again, thanks for an informative and valuable article!

Joe Macho profile image

Joe Macho Hub Author 8 months ago

Beth - If I'm not mistaken, I believe that the P mint mark didn't show up until most coinage after 1980. The P just stands for the Philadelphia Mint. If you have old (pre-1965) silver dimes, quarters and half dollars, these will not have the P mark, but instead will be blank if they were produced at the Philly Mint. They could have the D & S (Denver & San Francisco) marks though. For both the Roosevelt & Mercury Dimes, the mint mark appears on the reverse of the coin near the E in 'ONE'. On the old silver Washington Quarters, it can be found below the Eagle, and on the older Franklin Half dollars, it can be found above the Liberty Bell. I hope this helps you out.

Beth100 profile image

Beth100 Level 5 Commenter 8 months ago

Thanks Joe for the explanation. This is funny: everytime I'm handed change, I rifle through it and check for American coinage and then I check for the the mis-mints!!! Not only am I doing this, my kids are too! :D

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