Are you wondering What Year Are Dimes Worth Money? Dimes, those seemingly insignificant ten-cent pieces, can hold surprising value depending on their year, mint mark, and condition. Money-central.com is here to guide you through the fascinating world of valuable dimes, helping you identify potential treasures hiding in your spare change. Discover the key dates, rare varieties, and factors that determine a dime’s worth, turning your pocket change into potential profit. We’ll cover everything from silver dimes to error coins, providing expert insights for coin collectors and curious individuals alike. With information on coin collecting, investment, and financial assets, this guide will help you understand the true value of your dimes.
1. What Makes a Dime Valuable?
A dime’s value extends far beyond its face value of ten cents. Several factors contribute to a dime’s worth, making some years and mint marks highly sought after by collectors. Understanding these factors can transform your casual coin collecting into a potentially lucrative hobby.
Rarity and Mintage
The number of coins minted in a particular year and at a specific mint plays a crucial role. Lower mintage numbers often translate to higher values due to scarcity. For example, dimes with mintages significantly lower than average for their time period are more likely to be valuable. The San Francisco Mint, Denver Mint and Philadelphia Mint all have different mintages each year.
Silver Content
Prior to 1965, U.S. dimes were made of 90% silver. These “silver dimes” are worth significantly more than their face value due to their precious metal content. As the price of silver fluctuates, so does the value of these dimes. According to Gainesville Coins, these pre-1965 dimes are always worth setting aside.
Mint Marks
The mint mark indicates where a coin was produced (e.g., “D” for Denver, “S” for San Francisco, “P” for Philadelphia). Certain mint marks, or the absence thereof, can significantly increase a dime’s value. For instance, a 1968-S Roosevelt Dime without the “S” mint mark is a highly sought-after error coin.
Condition
The condition of a dime is a critical factor in determining its value. Coins are graded on a scale, with “Mint State” (MS) being the highest grade, indicating a coin in pristine, uncirculated condition. The higher the grade, the more valuable the coin is likely to be. Serious collectors always seek quality, so even a common date dime in exceptional condition can fetch a premium.
Errors
Minting errors can create unique and highly valuable coins. These errors can include:
- Double Dies: When the coin die strikes the coin multiple times, creating a doubled image.
- Off-Center Strikes: When the coin is not properly centered during the striking process.
- Missing Mint Marks: When the mint mark is absent due to a minting error.
- Broad Struck: Coins struck without the retaining collar, resulting in a flattened, wider coin.
Demand
Like any collectible, demand plays a significant role in determining a dime’s value. Popular designs, historical significance, and collector interest can all drive up the price of certain dimes.
The obverse of the Roosevelt Dime, featuring the profile of President Franklin D. Roosevelt
2. Key Dates and Varieties of Valuable Dimes
While many factors influence a dime’s value, certain dates and varieties are consistently sought after by collectors. Here’s a look at some of the most valuable U.S. dimes, including the Mercury dime and Roosevelt dime.
Mercury Dimes (1916-1945)
Designed by Adolph A. Weinman, the Mercury dime (also known as the Winged Liberty Head dime) is a classic U.S. coin cherished for its beautiful design. Several key dates and varieties of Mercury dimes are particularly valuable:
- 1916-D Mercury Dime: This is the most valuable Mercury dime, with prices ranging from a few hundred dollars in lower grades to tens of thousands of dollars in excellent condition.
- 1942/1 Overdate: Dimes with the “1942/1” overdate error are highly sought after. The error occurred when the “2” in the date was struck over a “1.”
- Full Split Bands (FSB): Mercury dimes with fully split horizontal bands on the reverse (representing the fasces) are considered to be in superior condition and command higher prices.
Roosevelt Dimes (1946-Present)
The Roosevelt dime, featuring President Franklin D. Roosevelt, has been in production since 1946. While many Roosevelt dimes are common, certain dates and varieties are valuable:
- 1968-S No-S Roosevelt Proof Dime: This is a proof error coin that can be highly valuable. The absence of the “S” mint mark is a significant error.
- 1970-S Roosevelt Dime, No Mint Mark: A few 1970-S Roosevelt Dimes were mistakenly struck without the mint mark, making them valuable to collectors.
- 1982 and 1983 Roosevelt Dimes, No Mint Mark: Some dimes from 1982 and 1983 were minted without a mint mark, and these varieties can be of interest to collectors.
- 1996-W Roosevelt Dime: The 1996-W Roosevelt Dime was a special issue to mark the 50th anniversary of the Roosevelt dime design. Its limited mintage makes it relatively scarce.
- 2020-P and 2020-D Roosevelt Dimes: These coins were released into circulation with a special privy mark on the obverse as a tribute to the 75th anniversary of Roosevelt’s death.
Other Notable Dimes
- 1796 Draped Bust Dime: This early U.S. dime is extremely rare and valuable, with high-grade examples fetching prices in the hundreds of thousands of dollars.
- 1894-S Barber Dime: Only 24 of these dimes were ever struck, making it one of the rarest and most valuable U.S. coins.
The iconic Mercury Dime, known for its elegant design and valuable varieties
3. Roosevelt Dimes: What to Look For
Since the Roosevelt dime is still in production, many people have the opportunity to find valuable examples in their everyday change. Here’s a detailed look at what to look for when examining Roosevelt dimes.
Silver Roosevelt Dimes (1946-1964)
All Roosevelt dimes minted between 1946 and 1964 are made of 90% silver. These dimes are worth significantly more than their face value due to their silver content. To identify silver Roosevelt dimes, simply check the date. Any Roosevelt dime dated 1964 or earlier is silver. According to research from New York University’s Stern School of Business, in July 2025, these silver dimes have a melt value far exceeding ten cents.
Error Coins
Error coins can be highly valuable, and Roosevelt dimes are no exception. Here are some error types to look for:
- Off-Center Strikes: Dimes that are not properly centered during the striking process.
- Double Dies: Dimes with doubled images due to the die striking the coin multiple times.
- Missing Mint Marks: Dimes that are missing the mint mark due to a minting error.
- Clashed Dies: When the obverse and reverse dies clash together without a coin between them, creating impressions on the dies.
Proof Coins
Proof coins are specially struck coins with a mirror-like finish, made for collectors. Certain Roosevelt proof dimes, particularly those with errors or unique characteristics, can be valuable. The Professional Coin Grading Service (PCGS) is a reputable organization for certifying and grading coins, including proof dimes.
Key Dates and Mint Marks
Certain dates and mint marks are more valuable than others. Here are some key Roosevelt dime dates and varieties to look for:
- 1968-S No-S Proof Dime: As mentioned earlier, this is a highly sought-after error coin.
- 1970-S No-S Dime: These dimes were struck without the “S” mint mark.
- 1982 No Mint Mark Dime: These dimes were struck without a mint mark at the Philadelphia Mint.
- 1996-W Dime: This special issue dime was included in uncirculated sets and is relatively scarce.
A 1964 Roosevelt Dime, the last year dimes were made of 90% silver
4. How to Identify a Valuable Dime
Identifying a valuable dime requires careful observation and a bit of knowledge. Here are some steps to take when examining a dime:
Check the Date
The date is the first thing you should check. As mentioned earlier, any dime dated 1964 or earlier is made of silver and is worth more than face value. For Roosevelt dimes, pay attention to the key dates mentioned above.
Look for a Mint Mark
The mint mark indicates where the coin was struck. Look for a small letter on the coin, typically on the obverse (front) or reverse (back) of the coin. “D” indicates Denver, “S” indicates San Francisco, and “P” indicates Philadelphia. If there is no mint mark, it was likely struck in Philadelphia.
Examine the Condition
The condition of a coin is crucial to its value. Look for signs of wear, scratches, and damage. Coins in better condition are generally worth more. Use a magnifying glass to examine the coin closely for any imperfections.
Check for Errors
Carefully examine the coin for any errors, such as double dies, off-center strikes, or missing mint marks. These errors can significantly increase a dime’s value. Compare the coin to images of known error coins online to see if you have a match.
Weigh the Coin (for Silver Dimes)
If you suspect a dime is made of silver but the date is unclear, you can weigh it. Silver dimes weigh 2.5 grams. Use a precise digital scale to weigh the coin.
Consult a Coin Price Guide
Coin price guides provide information on the value of different coins based on their date, mint mark, and condition. These guides can be found online or in print at your local book store.
Get a Professional Appraisal
If you believe you have a valuable dime, it’s a good idea to get it appraised by a professional coin dealer. They can accurately assess the coin’s value and provide you with expert advice.
5. Where to Find Valuable Dimes
Finding valuable dimes can be an exciting treasure hunt. Here are some places to look:
Your Spare Change
The most obvious place to start is by checking your spare change. Go through your coin jars, wallets, and purses, looking for pre-1965 dimes and any of the key dates and varieties mentioned earlier.
Banks
You can visit your local bank and ask for rolls of dimes. This can be a great way to search through a large number of coins quickly.
Estate Sales
Estate sales often have collections of coins that can be a great source of valuable dimes. Check local listings for estate sales in your area.
Coin Shows
Coin shows are events where coin dealers and collectors gather to buy, sell, and trade coins. These shows can be a great place to find valuable dimes and learn more about coin collecting.
Online Auctions
Online auction sites like eBay can be a good source of valuable dimes, but be sure to do your research and only buy from reputable sellers.
Coin Dealers
Local coin dealers can be a great resource for finding valuable dimes. They often have a wide selection of coins and can provide you with expert advice.
Coin roll hunting can be a fun way to search for valuable dimes
6. The Value of Silver Dimes
Silver dimes, minted before 1965, are a popular target for coin collectors and precious metal investors. Understanding their value requires considering both their silver content and numismatic (collectible) value.
Silver Content Value
The primary value of a silver dime comes from its silver content. Each silver dime contains approximately 0.07234 troy ounces of silver. To calculate the silver value of a dime, you can use the following formula:
Silver Value = (Current Spot Price of Silver) x (0.07234)
For example, if the current spot price of silver is $30 per troy ounce:
Silver Value = ($30) x (0.07234) = $2.17
This means that each silver dime is worth approximately $2.17 based on its silver content alone. It’s important to note that the spot price of silver fluctuates, so the value of silver dimes will change accordingly.
Numismatic Value
In addition to their silver content, some silver dimes have numismatic value due to their rarity, condition, and historical significance. Key dates and varieties, such as the 1916-D Mercury dime, can be worth significantly more than their silver content. The value of these coins is determined by factors such as mintage, condition, and demand among collectors.
Factors Affecting Silver Dime Value
- Spot Price of Silver: As mentioned earlier, the spot price of silver is the primary driver of a silver dime’s value.
- Condition: The better the condition of a silver dime, the more it will be worth to collectors.
- Rarity: Rare dates and varieties, such as the 1916-D Mercury dime, command higher prices.
- Demand: The demand for silver dimes among collectors and investors can also affect their value.
Selling Silver Dimes
If you have silver dimes that you want to sell, there are several options available:
- Coin Dealers: Local coin dealers are a good place to sell silver dimes. They can assess the value of your coins and offer you a fair price.
- Precious Metal Dealers: Precious metal dealers specialize in buying and selling gold, silver, and other precious metals. They will typically pay you based on the silver content of your dimes.
- Online Auctions: Online auction sites like eBay can be a good way to sell silver dimes, but be sure to do your research and only sell to reputable buyers.
- Pawn Shops: Pawn shops may buy silver dimes, but they typically offer lower prices than coin dealers or precious metal dealers.
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Silver bullion, the raw material that gives silver dimes their intrinsic value
7. Common Dime Errors to Look For
Minting errors can create unique and valuable coins. Here are some common dime errors to look for:
Double Die
A double die error occurs when the die used to strike the coin has a doubled image. This can be visible on the date, mint mark, or other design elements. Double die errors can significantly increase a dime’s value.
Off-Center Strike
An off-center strike occurs when the coin is not properly centered during the striking process. This can result in a portion of the design being missing or distorted. Off-center strikes can be visually striking and are popular among error coin collectors.
Missing Mint Mark
A missing mint mark error occurs when the mint mark is absent due to a minting error. This can happen when the mint mark is accidentally removed from the die or when the coin is struck with a die that was not properly prepared.
Broad Struck
Broad struck errors occur when the coin is struck without the retaining collar, resulting in a flattened, wider coin. These coins lack the reeded edge and often have a slightly blurry or distorted design.
Clashed Dies
Clashed die errors occur when the obverse and reverse dies clash together without a coin between them. This can create impressions on the dies, which are then transferred to subsequent coins.
Planchet Errors
Planchet errors occur when there is a problem with the planchet (the blank metal disc) before it is struck. This can include:
- Lamination Errors: When the planchet splits or peels due to impurities in the metal.
- Wrong Metal: When the coin is struck on a planchet made of the wrong metal.
- Missing Clad Layer: When one or both of the clad layers are missing from a clad coin.
How to Identify Errors
Identifying coin errors requires careful observation and a bit of knowledge. Here are some tips:
- Use a Magnifying Glass: Use a magnifying glass to examine the coin closely for any imperfections or anomalies.
- Compare to Known Examples: Compare the coin to images of known error coins online to see if you have a match.
- Consult a Coin Expert: If you are unsure whether a coin has an error, consult a coin expert or dealer.
A double die error on a dime, making it a valuable find for collectors
8. Coin Grading: Understanding the Sheldon Scale
Coin grading is the process of assessing the condition of a coin and assigning it a grade based on the Sheldon Scale. The Sheldon Scale is a numerical scale ranging from 1 to 70, with 1 being the lowest grade (Poor) and 70 being the highest grade (Mint State/Proof). Understanding coin grading is essential for determining the value of your dimes.
Key Grading Terms
- Poor (PO1): The coin is heavily worn and damaged, with little or no detail remaining.
- Fair (FR2): The coin is worn, but some major design elements are visible.
- Good (G4): The coin is worn, but the major design elements are clear.
- Very Good (VG8): The coin is moderately worn, with some detail visible.
- Fine (F12): The coin shows moderate wear, but most details are clear.
- Very Fine (VF20): The coin shows light wear, with good detail remaining.
- Extremely Fine (EF40): The coin shows very light wear, with sharp detail.
- About Uncirculated (AU50): The coin has slight traces of wear on the high points.
- Mint State (MS60-MS70): The coin is in uncirculated condition, with no wear. MS60 is the lowest grade for an uncirculated coin, while MS70 is the highest.
- Proof (PR60-PR70): Proof coins are specially struck coins with a mirror-like finish. They are graded on the same scale as Mint State coins.
Factors Affecting Coin Grade
Several factors affect a coin’s grade, including:
- Wear: The amount of wear on the coin is a primary factor in determining its grade.
- Scratches: Scratches can lower a coin’s grade, especially if they are deep or numerous.
- Damage: Damage such as dents, corrosion, or cleaning can significantly lower a coin’s grade.
- Eye Appeal: Eye appeal refers to the overall attractiveness of the coin. Coins with good eye appeal tend to grade higher.
Professional Grading Services
If you have a valuable dime, it’s a good idea to get it graded by a professional grading service. The two most reputable grading services are:
- Professional Coin Grading Service (PCGS)
- Numismatic Guaranty Corporation (NGC)
These services will authenticate, grade, and encapsulate your coin, providing you with a guarantee of its condition and authenticity.
Professional coin grading ensures accuracy and can significantly impact a dime’s value
9. Top 10 Most Valuable Dimes
Here’s a list of the top 10 most valuable U.S. dimes, along with their approximate values:
| Rank | Coin | Approximate Value |
|---|---|---|
| 1 | 1894-S Barber Dime | $2 million+ |
| 2 | 1916-D Mercury Dime | $20,000+ |
| 3 | 1942/1 Mercury Dime | $5,000+ |
| 4 | 1796 Draped Bust Dime | $100,000+ |
| 5 | 1873-CC Seated Liberty Dime | $1,000+ |
| 6 | 1968-S No-S Roosevelt Proof Dime | $40,000+ |
| 7 | 1874-CC Seated Liberty Dime | $750+ |
| 8 | 1970-S Roosevelt Dime, No Mint Mark | $250+ |
| 9 | 1982 No Mint Mark Roosevelt Dime | $65+ |
| 10 | 1996-W Roosevelt Dime | $10+ |
Please note that these values are approximate and can vary depending on the coin’s condition and other factors.
10. Tips for Starting a Dime Collection
Starting a dime collection can be a rewarding and enjoyable hobby. Here are some tips to help you get started:
Set a Budget
Determine how much money you are willing to spend on your collection. This will help you narrow your focus and avoid overspending.
Choose a Focus
Decide what type of dimes you want to collect. Do you want to focus on Mercury dimes, Roosevelt dimes, or a specific date range? Choosing a focus will make your collection more manageable.
Learn About Dimes
The more you know about dimes, the better equipped you will be to find valuable examples. Read books, articles, and websites about dime collecting.
Join a Coin Club
Coin clubs are a great way to meet other collectors, learn about coins, and buy, sell, and trade coins.
Attend Coin Shows
Coin shows are events where coin dealers and collectors gather to buy, sell, and trade coins. These shows can be a great place to find valuable dimes and learn more about coin collecting.
Buy from Reputable Sources
When buying dimes, be sure to buy from reputable sources, such as coin dealers, grading services, or established online sellers.
Store Your Collection Properly
Store your dimes in a safe and secure location. Use coin holders, albums, or cases to protect them from damage.
Be Patient
Building a valuable dime collection takes time and patience. Don’t get discouraged if you don’t find valuable coins right away. Keep searching and learning, and you will eventually find the treasures you are looking for.
Starting a dime collection can be a rewarding and educational hobby
Navigating the world of valuable dimes can be both fascinating and financially rewarding. By understanding the key factors that influence a dime’s worth—rarity, silver content, mint marks, condition, and errors—you can transform your spare change into a potential treasure trove. Whether you’re a seasoned coin collector or a curious individual looking to explore the value of your pocket change, remember that knowledge and diligence are your greatest assets. Keep an eye out for those pre-1965 silver dimes, scrutinize each coin for minting errors, and always seek to improve your understanding of coin grading and numismatic values. Happy hunting, and may your dime searches be filled with success!
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Frequently Asked Questions (FAQ)
1. What year are dimes worth money?
Dimes from 1964 and earlier are worth money due to their 90% silver content. Also, certain rare dates and minting errors on dimes from any year can make them valuable.
2. How can I tell if a dime is made of silver?
Check the date. Dimes minted in 1964 or earlier are made of silver. You can also weigh it; a silver dime weighs 2.5 grams.
3. What is the most valuable Roosevelt dime?
The 1968-S No-S Roosevelt Proof Dime is one of the most valuable, with some selling for over $40,000 due to the missing mint mark error.
4. What is a mint mark, and why is it important?
A mint mark indicates where the coin was produced (e.g., “D” for Denver, “S” for San Francisco). Certain mint marks, or the absence thereof, can significantly increase a dime’s value.
5. What is a double die error?
A double die error occurs when the die used to strike the coin has a doubled image, visible on the date, mint mark, or other design elements.
6. Where can I find valuable dimes?
Check your spare change, visit banks, attend estate sales and coin shows, and explore online auctions and coin dealer inventories.
7. How does coin grading affect a dime’s value?
The condition of a coin, as determined by the Sheldon Scale, significantly impacts its value. Higher grades (Mint State or Proof) command higher prices.
8. What are the best resources for learning about dime collecting?
Read books, articles, and websites about coin collecting. Join a coin club and attend coin shows to learn from other collectors and experts. Also, money-central.com provides comprehensive guides and tools for managing your finances and understanding coin values.
9. Should I get my valuable dimes professionally graded?
Yes, it’s a good idea to have valuable dimes graded by a professional grading service like PCGS or NGC to authenticate their condition and ensure their value.
10. What are some common mistakes to avoid when collecting dimes?
Avoid buying from unverified sources, neglecting to research coins before purchasing, and failing to store your collection properly to protect it from damage.
