1963 Roosevelt Dime Value Guide
- Period
- 1963
- Origin
- United States
- Materials
- 90% Silver, 10% Copper
- Category
- Roosevelt dime
The 1963 Roosevelt Dime is a significant piece of American numismatic history, representing one of the final years the United States produced circulating silver coinage. Struck to honor President Franklin D. Roosevelt's legacy and his work with the March of Dimes, these coins are highly sought after for their 90% silver content.
What affects the value of 1963 Roosevelt Dime?
- The current market price of silver bullion significantly dictates the baseline melt value of the coin.
- The presence of a 'Full Bands' (FB) designation on the reverse torch can greatly increase collector premium.
- Overall preservation and 'Mint State' (MS) grade, with higher numerical grades fetching prices above the $8-$10 average.
- The specific mint of origin, as production numbers varied between the Philadelphia and Denver facilities.
How to Identify 1963 Roosevelt Dime?
- Check the date on the obverse for the year 1963 located to the right of Roosevelt's neck.
- Examine the edge of the coin; a solid silver-colored edge without a copper stripe indicates the authentic 90% silver composition.
- Look for the 'D' mint mark above the date for Denver strikes or the absence of a mark for Philadelphia strikes.
- Verify the weight is approximately 2.50 grams, which is standard for silver dimes of this era.
History of 1963 Roosevelt Dime
The Roosevelt Dime was first issued in 1946, shortly after President Franklin D. Roosevelt's death. It was chosen to honor his efforts in founding the March of Dimes, an organization dedicated to fighting polio. The dime was originally composed of 90% silver, but due to rising silver prices, its composition changed to copper-nickel clad in 1965.
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