By Joshua McMorrow-Hernandez, Editor Roosevelt dimes have been in production sinceand this long-running series is generally affordable — most dates are easily ob. Roosevelt dimes have been in production sinceand this long-running series is generally affordable — most dates are easily obtainable in circulated and typical uncirculated grades. However, there are several Roosevelt dimes that are relatively scarce and are worth a pretty penny.
Even better? With enough looking, these valuable Roosevelt dimes can be found in circulation. The clad Roosevelt dime is a rare coin with only a handful of specimens, and these are worth four figures or more. Weigh it! A clad dime weighs 2. Another mids transitional error, the silver Roosevelt dime is a rare and valuable piece with only a few known examples. A silver dime should register at 2. All the more opportunity for you to cash in on some valuable dimes that you can pluck right from circulation.
Good luck! I've got a '65 Roosevelt transitional. Weighs 2. You can't see with naked eye, only under magnify and at certain angles in the light. And its a P when you can see it. Almost like the die for the mint mark was filled with ink. Can anyone point me in the right direction?
Oh, and 3 transitional Lincoln memorials. Bottom left of memorial has a "blotchy" i forget the proper terminology mark. AND the craziest part is it has slight, but visible to naked eye, ridges like a dime.Scott A.
Travers, president of Scott Travers Rare Coin Galleries, LLCranks as one of the most knowledgeable and influential coin dealers and advisers in the world. He is a former vice president of the American Numismatic Association, served as a coin-valuation consultant to the Federal Trade Commission and is a forceful consumer advocate for the coin-buying public.
Travers, the coin market's Number One insider, gives you the secret tools necessary to navigate the world of coins, banknotes, and precious metals, such as gold and silver. Whether you have coins in a safety deposit box, a vintage dollar bill under the mattress or a hidden stash of gold bars, Money Connoisseur will teach you tricks of the trade.
But it has to be datedand it has to be made from silver. You could discover such a dime in your attic, coin jar, an old collecting book or even just in pocket change.
But an accident happened. Estimates are that several hundred silver Roosevelt dimes are out there waiting to be discovered. Before you get too excited, understand that the silver dimes are extremely difficult to come by not only because only a few hundred were probably made, but also because so many run-of-the-mill non-silver dimes were made—more than 1.
So if you examine the edge of a silver dime, or any other silver dime for that matter, the edge will appear silver with no copper-colored strip.
1965 Roosevelt Dimes
Weighing Roosevelt dimes can prove helpful. The silver dime, before circulating, weighs 2. The clad dime, before circulating, weighs 2. Once a coin circulates, especially if it becomes well worn, it loses metal and weighs a bit less.
If you are lucky enough to find a silver dime, its value will depend on its condition. The lightly circulated example shown here was sold at public auction after a viewer of WNBC-TV in New York watched one of my appearances with another silver Roosevelt dime that I recently sold to a collector and contacted me about his coin. These organizations use non-destructive authentication techniques to verify the authenticity of coins and then grade them on a scale of one through 70, where one is the roughest grade and 70 is perfect.
The closer to 70 that a silver dime is graded, the more valuable it is. Always consult a competent professional for answers specific to your questions and circumstances. Diseases and Conditions. Sexual Wellness. Credit and Debt. Financial Planning. Approved Partners. Your submission has been received! Learn More. Hurt Happens. Get Relief Now.Image source: Wikimedia Commons. He died inand a year after a dime featuring his face was minted in commemoration.
It is still the one being minted up to this day. It was the first coin designed by a Mint employee in over four decades, due to the lack of time to commission the design to another designer. As soon as the new dimes were released for circulation, silver dimes minted prior to were slowly removed from circulation, although up to this day there may be one or two silver dimes that will be given to you as change, and these silver dimes are what coin collectors are after.
Their value has skyrocketed since being removed from circulation. You may ask how could a ten-cent dime be worth thousands? It is also an error coin. So if you find one you should hold on to it and analyze how you can get the most out of the coin in terms of its selling value. There were only very few silver dimes ever found, but numismatists are optimistic that there are still more out there waiting to be discovered and appraised.
Look at the edge of the coin. If it has a silver edge, it is a silver dime. The silver dime is heavier by 23 grams. It weighs 2.
So if you have a rare silver dime in your possession, you can start assessing its value. If you are new at coin collecting — not just silver dimes but all kinds of US coins, you need to have a guide on how coins are graded and valued.
There are grading books and price guides you can consult for your rare coin collection. Here are just some of them that will be of great help. If you see a rare dime, or any coin for that matter, that is different from the rest, do not toss it out yet and think that it is not worth anything. It may just be the opposite: it may be worth a lot of money if you sell it at auction.
You must be logged in to post a comment.Zach's writing ranges from matters of gardening, cooking, aquariums, and fish to more niche topics like coin collecting.
It's fairly easy to say that Roosevelt Dimes are one of Americas's most forgotten about coins. With billions upon billions produced, these small coins pass through thousands of hands each day.
Sadly, these unique little gems are shoved into pockets and coin pouches without so much as even a glance at the actual coins. They're almost too common to be noticed! Don't let commonality fool you though. Utilizing a keen eye, there are many valuable Roosevelt Dimes that can be found in circulation. In this article, we'll discuss the history of the Roosevelt Dime, common values for key dates, and go over a complex valuable dime error list!
Keep reading to learn more. The first year of mintage for the Roosevelt Dime was in At this time in history, United States coinage was shifting towards designs that depicted and honored previous U. Featuring Franklin D. Roosevelt, these dimes became the official replacement for the previously minted Mercury Dimes.
Below, you'll find a few key notes about the history of the Roosevelt Dime. If you're interested in investing in silver, but have a tight budget to work with, early Roosevelt Dimes could make for a great starting place. Besides the silver value of the pre mintages, it's unfortunate to report that there are very few regular-minted Roosevelt Dimes that are worth more than their melt values.
However, throughout the years there have been a handful of scarce mintage years. These Roosevelt Dimes are known as Key Dates, and their values are listed below. When seeking value in the Roosevelt Dime collection, one must pay close attention to error coins. Rare Roosevelt Dime errors will definitely pull the highest premiums! Since many Roosevelt Dime errors can be found in circulation, taking that extra second or two to scan through your pocket change might just pay off!
With a lot luck, you still may be able to find these coins floating around out there! These coins were minted at the San Francisco Mint and were never released directly into circulation.
They are found in old proof sets. Miscellaneous Dime Errors— Every year, a handful of dimes containing a wide range of errors will escape from the mint. They often contain one of the following traits. 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. While most of the value contained in the Roosevelt Dime collection lies with the error varieties, it doesn't mean that they aren't still fun to collect.
In fact, the low collecting pressure put on Roosevelt Dimes means that they are a great way to inexpensively put together an entire collection of U. As silver prices continue to rise, you may have to purchase the early years of mintage, but the rest of the Roosevelt Dime collection should be easy to find in circulation.
Overall, Roosevelt Dimes are a great way for beginner collectors to get "their foot in the door". Thanks for reading this guide on Roosevelt Dimes and valuable dime errors! Sign in or sign up and post using a HubPages Network account.The Coinage Act ofPub.
It also reduced the silver content of the half dollar from 90 percent to 40 percent; silver in the half dollar was subsequently eliminated by a law. There had been coin shortages beginning inand the United States Bureau of the Mint expanded production to try to meet demand.
Demand for the Kennedy half dollar as a collectable drove it from circulation after its debut in The Bureau of the Mint increased production, helping reduce the coin shortages by Maybut government stocks of silver were being rapidly reduced, and threatened to run out by Johnson in June recommended that Congress pass legislation to allow for silverless dimes and quarters, and debased silver half dollars.
Although there was some opposition, mainly from legislators representing Western mining states, the bill progressed rapidly through Congress, and was enacted with Johnson's signature on July 23, The new coins began to enter circulation in lateand alleviated the shortages. They passed side by side with their silver counterparts for a time, but the precious metal coins were hoarded beginning in as the Treasury ended its efforts to keep silver prices low.
The act also banned the production of silver dollars until at least The Coinage Act of established the Mint of the United Statesand made both gold and silver legal tender.
This meant that anyone could present bullion at the Philadelphia Mint and receive it back, struck into coins. The act authorized six silver coins, in value from five cents to a dollar, and prescribed their weights and fineness. Making a dollar equal to given quantities of both gold and silver made the currency vulnerable to variations in the price of precious metals,   and U.
The fact that the dime ten-cent piecequarter dollarand other smaller silver coins contained less silver in proportion to the dollar helped keep them in circulation.
With the Coinage Act ofthe dollar was no longer equivalent to a set amount of silver,  a statutory change made so that as the price of silver dropped with increased U. Worldwide consumption of silver more than doubled between andbut production increased by only about 15 percent. Without government as the supplier of last resort, silver would rise in price, likely making it profitable to melt not only silver dollars, but the subsidiary silver coins as well.
Inthe gap between production and consumption by the non-communist world amounted to million ounces.
1965 Dime: The Error Coin Coveted by Numismatists
The Bureau of the Mint in ended coinage operations at the San Francisco Mintdeeming it cheaper to supply the West Coast with coins from Denver. In the postwar era, occasional coin shortages had been known, often local and seasonal, and generally brief in duration.
The shortage might affect one of the five denominations cent, nickel, dime, quarter and half dollar being minted for circulation. The Federal Reserve Banks "the Fed"responsible for obtaining coins from the Mint and distributing them on request to member banks, also performed the function of receiving from these banks coins they did not need, a process known as "flowback".
Coins were returned from commercial banks to the Fed, were processed and cleaned, and were then sent to banks needing them. These recycled pieces represented the bulk of what the Fed shipped, and perhaps only a fifth were new coins.
The banks accustomed themselves to seasonal need for coins, as for quarters and half dollars in Michigan to pay cherry pickers the traditional cent rate, and to local preferences;  for example, half dollars were not popular in New York, two quarters being preferred instead. Bythere was often rationing of all denominations, commercial banks and their retail customers receiving less than they needed.Log in or Sign up. Coin Talk.
Is there any way of knowing right off the bat if the roosevelt is one of those rare ones minted in silver? I only ask because I got a dime in change yesterday.
And I noticed that it looked different than the dime I had at home. I decided to do that "napkin test" on both to compare and contrast. The original one I had at home passed the test in other words, it reflected more light than the other, which is supposed to mean its silver. I won't be able to get to a coin shop for an expert eye until Tuesday. Log in or Sign up to hide this ad. Check the edge. Is there a copper layer? If there is no copper layer, chances are the coin is silver.
Also, silver dime would weigh 2. The other one doesn't have that definitive layer. But it's not a pristine piece. It's got dark shadings on the rim, which I thought was the layer at first.1965 ROOSEVELT DIME- A COIN WHICH IS NOT GETTING AS MUCH ATTENTION AS IT SHOULD. DIMES TO LOOK FOR!
Maybe it's a counterfeit? SholomFeb 14, I guess you are right when the two weights are significantly different. Still, neat idea. I checked it for accuracy the day I got it and sealed grams of coins in a bag to calibrate it later if needed. That's about 2 pounds, it will weigh in ounces, karat, grams and grains.The dimein United States usage, is a ten- cent coinone tenth of a United States dollarlabeled formally as "one dime".
Is there a 1965 silver dime?
The denomination was first authorized by the Coinage Act of The dime is the smallest in diameter and is the thinnest of all U. The obverse of the current dime depicts the profile of President Franklin D. Roosevelt and the reverse boasts an olive branch, a torch, and an oak branch, from left to right respectively.
As ofthe dime coin cost 5. As ofthe dime is the only United States coin in general circulation that is not denominated in terms of dollars or cents. Hamilton, the nation's first Secretary of the Treasuryrecommended the issuance of six such coins inin a report to Congress. Among the six was a silver coin, "which shall be, in weight and value, one-tenth part of a silver unit or dollar".
From todimes were composed of The silver percentage was increased to With the passage of the Coinage Act ofthe dime's silver content was removed. Pre dimes have followed Gresham's law and vanished from ordinary currency circulation at face value.
Most now trade as informal bullion coins known as junk silverpriced at some multiple of face value, which price follows the spot price of silver on commodity markets. Starting inthe U. These sets are intended solely for collectors, and are not meant for general circulation.
Since its introduction inthe dime has been issued in six different major types, excluding the "disme". The name for each type except for the Barber dime indicates the design on the coin's obverse.
The Coinage Act ofpassed on April 2,authorized the mintage of a "disme", one-tenth the silver weight and value of a dollar. The composition of the disme was set at Ina limited number of dismes were minted but never circulated. Some of these were struck in copper, indicating that the dismes were in fact pattern coins. The first dimes minted for circulation did not appear untildue to a lack of demand for the coin and production problems at the United States Mint. The first dime to be circulated was the Draped Bust dime, in This design was the work of then-Chief Engraver Robert Scot.
The reverse design is of a small bald eagle surrounded by palm and olive branches, and perched on a cloud. Since the Coinage Act of required only that the cent and half cent display their denominationDraped Bust dimes were minted with no indication of their value. All dimes have 15 stars on the obverse, representing the number of U.
The first dimes were minted with 16 stars, reflecting Tennessee 's admission as the 16th state. Realizing that the practice of adding one star per state could quickly clutter the coin's design, U. Mint Director Elias Boudinot ordered a design alteration, to feature just 13 stars for the original Thirteen Colonies.
Therefore, dimes can be found with either 13 or 16 stars. Also designed by Robert Scot, the Heraldic Eagle reverse design made its debut in The obverse continued from the previous series, but the eagle on the reverse was changed from the widely criticized "scrawny" hatchling to a scaled-down version of the Great Seal of the United States.
Both Draped Bust designs were composed of Both the obverse and reverse were changed extensively. The new reverse featured a bald eagle grasping three arrows symbolizing strength and an olive branch symbolizing peace.
Covering the eagle's breast is a U.