Roosevelt Silver Dime Value Guide

The Roosevelt Silver Dime was introduced in 1946 to honor President Franklin D. Roosevelt's legacy and his pivotal role in the March of Dimes charity. These coins are highly collectible as they represent the final era of 90% silver circulating dimes before the transition to copper-nickel clad in 1965.

What Is Roosevelt Silver Dime Worth?

The typical price range for Roosevelt Silver Dime is $2 - $2 based on recent sales. However, values can vary depending on the item's condition, rarity, and other factors such as:

• The current market price of silver bullion, as each coin contains approximately 0.07234 troy ounces of pure silver.
• The presence of 'Full Bands' on the reverse torch, which indicates a crisp strike and commands a premium from collectors.
• Mint marks ('S' for San Francisco or 'D' for Denver) located to the left of the base of the torch.
• Overall preservation and luster, with uncirculated specimens fetching higher prices than the base melt value of $2.20-$2.40.

How to Identify Roosevelt Silver Dime?

• Check the date for years between 1946 and 1964 to ensure the 90% silver composition.
• Look for the designer John R. Sinnock's initials 'JS' at the base of Roosevelt's neck.
• Examine the edge of the coin; a solid silver-colored stripe indicates silver content, whereas a brown copper stripe indicates a later clad version.
• Verify the reverse design featuring a torch flanked by an olive branch and an oak branch.

History of Roosevelt Silver Dime

Following the death of President Franklin D. Roosevelt in 1945, there was an immediate call for a coin to honor his memory. The dime was chosen because of his association with the March of Dimes charity. Designed by John R. Sinnock, the coin replaced the Mercury Dime in 1946. These coins were minted in 90% silver until 1964, when the composition was changed to a copper-nickel clad due to rising silver prices.