The 1964 Roosevelt Dime might seem like an ordinary coin, but for collectors, it’s worth a closer look. This dime marks the end of an era, as it was the last year the U.S. minted dimes in 90% silver. Because of this, the 1964 dime is highly sought after by collectors and has some surprising value today. In this guide, we’ll explore the unique details of the 1964 Roosevelt Dime, why it’s special, and what makes it valuable.
1. Why Was the 1964 Dime Made in Silver?
The 1964 Roosevelt Dime was made in 90% silver, like many other dimes produced before 1965. The U.S. Mint decided to change from silver to a copper-nickel blend in 1965 due to rising silver costs. As a result, the 1964 dimes were the last silver dimes, making them historically significant.
2. Key Features of the 1964 Roosevelt Dime
This dime features President Franklin D. Roosevelt on the front, honoring his role in creating the March of Dimes. The coin’s reverse shows a torch, olive branch, and oak branch, symbolizing liberty, peace, and strength. Collectors look for coins in good condition, particularly “uncirculated” ones, which have not been used in everyday transactions.
3. How Much Is a 1964 Roosevelt Dime Worth?
The 1964 Roosevelt Dime’s value varies based on its condition and whether it has unique features. Generally, circulated dimes are worth around their silver melt value, which is a little over a dollar today. However, uncirculated or error dimes can be worth much more, sometimes reaching up to $20 or more among collectors.
4. Look Out for Rare Error Dimes
Some 1964 Roosevelt Dimes have errors, like double die features or weak strikes, which make them even more valuable. These errors are rare and can boost a dime’s value significantly. If you’re lucky enough to spot an error dime, it could be worth quite a bit to a collector.
5. Tips for Collecting the 1964 Roosevelt Dime
If you’re interested in collecting the 1964 Roosevelt Dime, look for coins in good condition and consider having them graded. Graded coins are certified for their quality, which can increase their value. Keep your coins in a protective holder to prevent wear and preserve their condition.
The 1964 Roosevelt Dime is more than just pocket change; it represents a piece of history and the end of silver coinage in the U.S. These dimes may not make you rich, but they’re a fascinating collectible with some value, especially if you find one with an error or in excellent condition. Coin collecting can be a rewarding hobby, and the 1964 dime is a great piece to start with or add to any collection. Always check the condition of your coins and consider having them graded for a more accurate value.
1. Why is the 1964 Roosevelt Dime special?
The 1964 Roosevelt Dime is the last dime made with 90% silver, making it highly collectible.
2. How much is a 1964 Roosevelt Dime worth?
A 1964 Roosevelt Dime’s value is usually based on its silver content, but uncirculated or error dimes can be worth more.
3. Are there error versions of the 1964 Roosevelt Dime?
Yes, some 1964 dimes have errors, like double die strikes or weak designs, which can increase their value.
4. How can I tell if my 1964 dime is valuable?
Check for rare errors or have it graded by a coin expert to assess its condition and potential value.
5. Can I still find 1964 dimes in circulation?
It’s rare to find them in everyday change, but some collectors may come across them in collections or coin rolls.