Roosevelt Dimes Value

This coin is special as it was struck as an homage to the late President. However, much like his legacy lives on through other patriotic symbols in the US, the dime is a force that preserves his legacy, while the coin’s historical importance as a circulation currency makes it desirable to investors and collectors.

Let's look at the value of the Roosevelt Dime in today’s market.

Determining Your Roosevelt Dime's Worth

You can determine the value of your Roosevelt Dime by checking its condition; this process is also known as grading. The coins which do not show any visible wear or flatness and are in mint condition have fetched exorbitant prices.

Certification institutions like NGC and PCGS lay down the guidelines for authentication and provide certifications that add to the coin’s value. Other features like the mintmarks that help identify the mint that the coin was struck in, the coin’s rarity, and its errors play a pivotal part in determining its value.

Watch this video that unravels the secrets of what your Roosevelt Dimes value could be:

History and Features of Roosevelt Dimes

Hailed as one of America’s most revered Presidents, Franklin D. Roosevelt guided the United States through turmoils such as the Great Depression and World War II. His battle with polio lasted from 1921 till his death in 1945; however, while he was alive, President Roosevelt was instrumental in aiding the March of Dimes organization in their fight against polio.

After he died in 1945, the US Department paid homage to their late President by designing a new dime as a means of preserving his legacy. John R. Sinnock designed the Roosevelt Dime series. The dime’s obverse features Roosevelt’s face facing the left side with the words “LIBERTY” and “IN GOD WE TRUST” inscribed around it. The reverse side bears a torch flanked by an olive branch on its left and an oak branch to its right. The words “United States of America” encircle the outer part of the rim.

The Roosevelt dimes consisted of 90% silver and 10% Copper from 1946 till 1964, which was the last year that the 90% silver variety was struck. While the US Mint still produces the Roosevelt dimes, they now possess a new copper-nickel alloy.

Factors Influencing Roosevelt Dime Value

Now that we have understood a bit more about the prominence of the Roosevelt Dimes value, let's look at the major factors that influence them -

• Mint Errors: The coins that are minted bearing mistakes like double strikes, off-center strikes, or other oddities can be rare to acquire, hence attracting a higher value as a collectible. The errors add to the exclusivity of the piece, which boosts the value of your Roosevelt dime.
• Low Mintage Years: If the dime you possess bears the year when there were only a limited number of the dimes struck by the US Mint, it catapults the Roosevelt Dimes value to great heights, as the limited mintage of the series is desired by collectors.
• Condition: Coins that possess better conditions based on their physical appearance play an important role in determining their value, allowing you to command a higher price accordingly. The coin's gradings can range from Poor to Mint State, with coins that possess minimal changes over time fetching the highest prices.

Did You Know?

In August 1921, President Roosevelt was on a vacation in Canada where he suddenly fell ill. Two days later, his body was paralyzed below the neck. His battle towards recovery was long and hard; however, the president was unable to walk. Despite his illness, he founded the National Foundation for Infantile Paralysis (NFIP), which aimed at fighting polio.

President Roosevelt used his power to voice support for the people battling Polio, urging the people of America to join the cause in the fight against Polio. At this time, singer Eddie Cantor quipped that the people should pledge their support by sending Dimes to the President, aiding him in his cause.

This quip was met with great seriousness, and people sent more than 2.68 million dimes to the White House, which was huge considering the ongoing depression prevailing in the country. The dime value was estimated at $270,000, which today would be worth a staggering $5 million.

Key Dates and Varieties

More than a billion Roosevelt Dimes have been struck since its first edition in 1946. Notably, there are a few versions that garner great popularity for different reasons. Let's take a closer look at some of them that add to the Roosevelt dimes value.

While billions of Roosevelt dimes have been produced since their debut in 1946, a few standout dates make certain dimes particularly valuable. These dates owe their worth to factors like rarity, unique minting features, and historical significance.

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