The Worth $9.8 Million Roosevelt Dime: A Story That Stunned Collectors

Imagine finding a small 10-cent coin in your pocket that’s actually worth millions. It may sound like a dream, but in the world of coin collecting, some Roosevelt dimes have shocked people with their value. One of these rare dimes even sold for $9.8 million. Let’s explore what makes a simple Roosevelt dime so special.

A Quick Look at the Roosevelt Dime’s History

The Roosevelt dime first came out in 1946. It was made to honor President Franklin D. Roosevelt. Before that, the U.S. used the Mercury dime.

The coin was designed by John R. Sinnock. From 1946 to 1964, these dimes were made with 90% silver. But in 1965, the U.S. Mint changed the metal to a cheaper mix of copper and nickel. While billions were made, a few with minting mistakes became super rare and valuable.

Why Some Roosevelt Dimes Are Worth So Much

Most dimes are just worth 10 cents. But a few are worth thousands or even millions. Here are the main reasons why:

Transitional Errors

In 1965, the metal used for dimes changed. But some dimes were still made using the older silver blanks. These dimes are called transitional errors. They are very rare and valuable.

YearMetal UsedError TypeValue Range
1965SilverTransitional ErrorUp to $10,000+

Missing Mint Marks

After 1980, dimes made in Philadelphia should have a “P” mark. But some 1982 dimes missed this mark. These are known as no-mint-mark errors and are in high demand.

Experimental Strikes

Sometimes the U.S. Mint tests new metals or designs. If one of these test dimes ends up in circulation, it can be worth a fortune. These are extremely rare.

Off-Metal Errors

Some dimes were struck on the wrong metal planchets—like blanks meant for pennies or foreign coins. These types of errors are strange and valuable.

How to Spot a Rare Roosevelt Dime

Want to check your pocket change? Here are easy things to look for:

Look at the Year

If your dime is from 1946 to 1964, it is made of silver. These are worth more than face value. A 1965 dime that looks silver might be a rare error coin.

Check the Mint Mark

If you have a 1982 dime with no “P” mark, it might be valuable. Most dimes made after 1980 should have a mint mark.

Weigh the Coin

Silver dimes weigh about 2.5 grams. The newer copper-nickel ones weigh about 2.27 grams. Use a small scale to check.

Notice Any Odd Features

Strange colors, off-center strikes, or unusual textures can be signs of a mint error.

What to Do If You Find a Rare Dime

If you think your dime is special, take care of it the right way. Here’s what you should do:

Handle Carefully

Don’t touch the surface with your fingers. Use gloves if you can.

Don’t Clean It

Cleaning a coin can lower its value. Leave it as it is.

Take Photos

Take clear pictures of both sides. Note the year, weight, and any errors.

Get It Checked

Send it to a coin grading service like PCGS or NGC. They can tell you if it’s real and how valuable it is.

Talk to a Coin Expert

A coin dealer can give you a price estimate. They can also help if you want to sell it.

How Rare Are These Dimes?

A dime worth $9.8 million is extremely rare. Most valuable Roosevelt dimes sell for between $100 and $20,000. Still, rare coins do show up from time to time in old collections or even as change from a store.

The Fun of Coin Collecting

Looking for rare coins can be fun and exciting. You learn about history, and you might even find something valuable. Even if you never find a million-dollar coin, the hobby itself is enjoyable. So next time you get a dime, take a good look. It might be something special.

FAQs

What year Roosevelt dimes are silver?

1946 to 1964 dimes are made of silver.

1946 to 1964 dimes are made of silver.

How much does a silver dime weigh?

Are 1982 no-mint-mark dimes rare?

Yes, very rare and valuable.

Yes, very rare and valuable.

Should I clean a rare coin?

Where to check a rare dime’s value?

Use grading services like PCGS or NGC.

William is a dedicated finance writer who enjoys breaking down complex financial topics. He focusses on personal finance, investing, and market trends, offering readers straightforward, actionable advice to help them make better financial decisions.

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