US Coins
Top 5 Most Valuable Roosevelt Dimes for Collectors
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The Roosevelt Dime, introduced in 1946, has been a staple in U.S. currency for decades.
While many of these dimes are common and hold little value beyond their face value, certain rare varieties have become highly sought after by collectors.
Identifying these valuable dimes can significantly enhance a collection.
Understanding the Roosevelt Dime
Designed by John R. Sinnock, the Roosevelt Dime honors President Franklin D. Roosevelt, who passed away in 1945.
The coin features Roosevelt’s portrait on the obverse and a torch, olive branch, and oak branch on the reverse. Initially minted in 90% silver, the composition changed to a copper-nickel alloy in 1965.
Top 5 Most Valuable Roosevelt Dimes
1. 1975 No-S Proof Type 2 Clad Roosevelt Dime
In 1975, the U.S. Mint mistakenly struck a small number of proof dimes without the ‘S’ mintmark, which is typically present on coins minted in San Francisco.
Only two such specimens are known to exist, making them extremely rare and highly valuable. One of these dimes sold for $456,000 in 2019.
2. 1968 No-S Proof Deep Cameo Type 2 Clad Roosevelt Dime
Similar to the 1975 error, the 1968 No-S Proof Dime was struck without the ‘S’ mintmark. This error occurred during the production of proof coins, which are specially made for collectors.
The deep cameo contrast, where the design elements are sharply contrasted against the mirrored background, adds to its desirability. A specimen of this coin fetched $47,000 in 2020.
3. 1951 Proof Deep Cameo Type 1 Silver Roosevelt Dime
The 1951 Proof Deep Cameo Dime is notable for its high-quality proof strike and deep cameo contrast.
Proof coins are specially minted for collectors and are struck multiple times to ensure sharp details and a mirror-like finish. This particular coin sold for $23,500 in 2014.
4. 1956 Proof Deep Cameo Type 1 Silver Roosevelt Dime
Struck in 1956, this proof dime features a deep cameo finish, making it a prized piece among collectors.
The deep cameo contrast enhances the coin’s visual appeal, and its pristine condition contributes to its high value, with a specimen selling for $19,975 at auction in 2016.
5. 1950 Proof Deep Cameo Type 1 Silver Roosevelt Dime
The 1950 Proof Deep Cameo Dime is another example of a high-quality proof coin with deep cameo contrast.
Its pristine condition and sharp details make it a valuable addition to any collection, with a specimen selling for $18,800 in 2014.
Most Valuable Roosevelt Dimes
Below is a table highlighting the top five most valuable Roosevelt Dimes, including their minting year, distinguishing features, and approximate value:
Rank | Coin Description | Mint Year | Distinguishing Features | Approximate Value |
---|---|---|---|---|
1 | 1975 No-S Proof Type 2 Clad Roosevelt Dime | 1975 | Missing ‘S’ mintmark; only two known specimens. | $456,000 |
2 | 1968 No-S Proof Deep Cameo Type 2 Clad Dime | 1968 | Absence of ‘S’ mintmark; deep cameo contrast. | $47,000 |
3 | 1951 Proof Deep Cameo Type 1 Silver Dime | 1951 | Deep cameo finish; high-quality proof strike. | $23,500 |
4 | 1956 Proof Deep Cameo Type 1 Silver Dime | 1956 | Deep cameo contrast; early proof issue. | $19,975 |
5 | 1950 Proof Deep Cameo Type 1 Silver Dime | 1950 | Deep cameo finish; notable for its pristine condition. | $18,800 |
Factors Influencing Value
The value of a Roosevelt Dime is influenced by several factors:
- Rarity: Coins with low mintage numbers or production errors are rarer and thus more valuable.
- Condition: Coins in higher grades, such as Proof or MS67, command higher prices.
- Demand: The popularity of certain coins among collectors can drive up their value.
While many Roosevelt Dimes are common and hold little value, certain rare varieties have become highly sought after by collectors.
Identifying these valuable dimes can significantly enhance a collection. Collectors should be vigilant and knowledgeable to spot these rare specimens.
FAQs
What is a Proof Dime?
A Proof Dime is a coin struck specifically for collectors, featuring a high-quality finish with sharp details and a mirror-like background.
How can I identify a No-S mintmark error on a Roosevelt Dime?
Look for a missing ‘S’ mintmark on the reverse side of the coin, typically located to the left of the torch.
Why are certain Roosevelt Dimes so valuable?
Their value is due to rarity, production errors, and high demand among collectors.
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