The Roosevelt Dime, first minted in 1946, was created to honor President Franklin D. Roosevelt. While most Roosevelt Dimes are common and worth only ten cents, certain rare error varieties have become treasures worth thousands. These coins are highly sought after by collectors, and some can turn ordinary pocket change into a hidden fortune.
History of the Roosevelt Dime
The Roosevelt Dime replaced the Mercury Dime in 1946, featuring Roosevelt’s portrait on the obverse and a torch, olive branch, and oak branch on the reverse. Over the decades, millions were produced at the Philadelphia, Denver, and San Francisco mints. Despite the large numbers, minting errors and rare varieties have made some Roosevelt Dimes extremely valuable.
Why Error Dimes Are Valuable
Error coins are prized because they are unique and often rare. Their value depends on:
- The type of error, such as doubled dies or missing mint marks
- Scarcity, with fewer surviving examples commanding higher prices
- Condition, as uncirculated coins are worth more
- Collector demand, which drives auction prices higher
5 Rare Error Roosevelt Dimes Worth a Fortune
1968 No S Proof Dime
This proof coin was mistakenly struck without the “S” mint mark. Extremely rare, it can be worth thousands, with high‑grade examples selling for over $10,000.
1970 No S Proof Dime
Another proof coin missing the mint mark, this variety is highly collectible. Values range from $1,000 to $5,000 depending on grade.
1975 No S Proof Dime
One of the rarest Roosevelt Dimes, the 1975 No S Proof is worth a fortune. Only a handful exist, and they can sell for $20,000 or more.
1982 No Mint Mark Dime
A Philadelphia issue struck without a mint mark, this coin is rare and valuable. Prices range from $50 to $500 depending on condition.
1996‑W Roosevelt Dime
Issued to celebrate the 50th anniversary of the Roosevelt Dime, this West Point issue is scarce. While not an error, it is a special variety worth $20 to $100 in high grades.
Value Ranges
- Common Roosevelt Dimes: $0.10 to $1
- 1968 No S Proof: $5,000 to $10,000+
- 1970 No S Proof: $1,000 to $5,000
- 1975 No S Proof: $20,000+
- 1982 No Mint Mark: $50 to $500
- 1996‑W Anniversary Issue: $20 to $100
How to Identify Rare Error Dimes
Collectors should look closely at:
- Mint marks, especially missing “S” or “P” marks
- Proof coins with unusual features
- Strike quality, as errors often show irregularities
- Condition, since higher grades dramatically increase value
Collecting Tips
- Use magnification to check mint marks and details.
- Store coins in protective holders to preserve condition.
- Consider professional grading for rare or high‑grade coins.
- Research auction records to stay updated on current market values.
- Focus on proof issues and missing mint mark varieties for the best investment potential.
Key Highlights
- Roosevelt Dimes were first minted in 1946.
- Rare errors include the 1968, 1970, and 1975 No S Proofs.
- The 1982 No Mint Mark and 1996‑W Anniversary Issue are also valuable.
- Values range from face value to tens of thousands depending on rarity and condition.
- Collectors should carefully examine mint marks and proof issues.
Final Words
The Roosevelt Dime may seem ordinary, but rare error varieties make it a coin worth searching for. From missing mint marks to special anniversary issues, these dimes can be worth thousands, even tens of thousands. For collectors, the thrill lies in discovery, and the Roosevelt Dime continues to prove that hidden fortunes can be found in the smallest coins.
