The 1964 Roosevelt dime is a fascinating coin for collectors. Known for its historical significance and 90% silver content, it marks the end of an era in U.S. coin production before the transition to base metals. For numismatists and casual collectors alike, understanding the coin’s value, rarity, and features is crucial.
The History of the Roosevelt Dime
The Roosevelt dime was first issued in 1946 to honor President Franklin D. Roosevelt. It was designed by John R. Sinnock and quickly became a staple of American currency. By 1964, the dime’s composition was 90% silver and 10% copper, but rising silver prices forced the U.S. Mint to switch to a clad composition in 1965.
Key Features of the 1964 Roosevelt Dime
Composition and Weight
- Metal Content: 90% silver, 10% copper
- Weight: 2.5 grams
- Diameter: 17.91 mm
Design
- Obverse: Features the profile of President Franklin D. Roosevelt.
- Reverse: Depicts a torch flanked by an olive branch and an oak branch, symbolizing liberty, peace, and strength.
Mint Locations
The 1964 dime was minted in two locations:
- Philadelphia (no mintmark)
- Denver (D mintmark)
Why Are 1964 Roosevelt Dimes Popular Among Collectors?
Silver Content
The coin’s silver composition makes it highly sought after. Even in worn condition, these dimes are valued for their precious metal content.
End of an Era
1964 was the last year dimes were minted in silver, marking it as a significant date for collectors.
Error Coins
Rare mint errors, such as double dies or misstrikes, add substantial value to certain coins.
| Category | Details |
|---|---|
| Year | 1964 |
| Designer | John R. Sinnock |
| Metal Composition | 90% Silver, 10% Copper |
| Silver Content | 0.0723 troy ounces |
| Mints | Philadelphia (No mintmark), Denver (D mintmark) |
| Notable Features | – Last U.S. dime minted in 90% silver – Iconic Roosevelt portrait design |
| Errors to Look For | – Double-die obverse – Repunched mintmarks – Misaligned dies |
| Value Range | – Melt Value: ~$2 (varies with silver prices) – Collector Value: $2–$20+ |
| Mintages | – Philadelphia: ~929,360,000 – Denver: ~1,357,517,000 |
| Historical Significance | Marked the end of silver coinage in U.S. dimes. |
| Where to Sell | – Local coin shops – Online marketplaces – Coin shows or auctions |
| Storage Tips | – Use protective holders or albums – Store in a cool, dry environment |
How Much Is a 1964 Roosevelt Dime Worth?
Silver Melt Value
As of today, the melt value of a 1964 dime is around $2, depending on current silver prices.
Collector Value
- Average Condition: $2–$3
- Uncirculated Condition: $5–$7
- High-Grade Coins (MS65 or higher): Up to $20 or more
Rare error coins can fetch hundreds or even thousands of dollars at auction.
Tips for Collectors
Identifying Errors
Look for double-die obverses, repunched mintmarks, or misaligned dies. These errors can significantly increase a dime’s value.
Handling and Storage
- Always handle coins by the edges to prevent damage.
- Store in coin flips, holders, or albums to maintain their condition.
Where to Buy or Sell
- Local coin shops
- Online marketplaces like eBay
- Coin shows or auctions
FAQs
What makes the 1964 Roosevelt Dime special?
The 1964 Roosevelt Dime is significant because it was the last U.S. dime minted in 90% silver before the switch to a copper-nickel clad composition in 1965.
How much silver is in a 1964 Roosevelt Dime?
The 1964 Roosevelt Dime contains 90% silver and 10% copper, with approximately 0.0723 troy ounces of silver.
What is the current value of a 1964 Roosevelt Dime?
The value varies based on silver prices and condition:
Melt Value: Around $2 (depending on silver prices)
Collector Value: $2–$20 or more, depending on grade and rarity.
Are there any rare 1964 Roosevelt Dime error coins?
Yes, error coins like double-die obverses, repunched mintmarks, or misaligned dies can significantly increase the coin’s value.
Where was the 1964 Roosevelt Dime minted?
It was minted at two locations:
Philadelphia Mint: No mintmark
Denver Mint: D mintmark
The 1964 Roosevelt dime is more than just small change. Its silver content, historical importance, and collector appeal make it a must-have for coin enthusiasts. Whether you’re hunting for error coins or appreciating its legacy, this dime is a shining example of American history.
