5 Rare and Valuable Roosevelt Dimes Every Collector Should Know

Roosevelt dimes, introduced in 1946 to honor President Franklin D. Roosevelt, have become a staple in American coinage. While many of these dimes are common, certain rare variations are highly prized by collectors. Here are five of the most sought-after Roosevelt dimes every numismatist should be aware of:

1. 1975 No S Proof Roosevelt Dime

In 1975, the San Francisco Mint produced special proof sets, each intended to bear the “S” mint mark. However, a few dimes were mistakenly struck without this mark. Only two such specimens are known to exist, making them exceptionally rare. One of these dimes fetched $456,000 at auction in 2019, and the other sold for over $500,000 in 2024.

2. 1968 No S Proof Roosevelt Dime

Similar to the 1975 error, some 1968 proof dimes were struck without the “S” mint mark. Approximately 12 of these error coins are known today. Their rarity and the intrigue surrounding minting errors contribute to their high value, with pristine examples commanding significant prices at auction.

3. 1982 No P Roosevelt Dime

In 1982, the Philadelphia Mint inadvertently released dimes without the “P” mint mark, marking the first time a U.S. circulating coin omitted this designation since its introduction. There are two varieties: the more common weak strike and the rarer strong strike. Estimates suggest that no more than 75,000 strong strike examples exist, with values starting around $75, even in circulated condition.

4. 1949-S Roosevelt Dime

The 1949-S dime is considered a key date in the Roosevelt series due to its relatively low mintage of 13,510,000. Coins in extremely fine (EF) condition can fetch around $10, while those in mint state (MS) conditions can command up to $200. Specimens with Full Bands (FB) on the torch are particularly desirable, with one such coin selling for $14,375 in 2009.

5. 1955 Roosevelt Dime

The 1955 Roosevelt dime, especially those minted in Denver and San Francisco, are semi-key dates with lower mintages. Values range from slightly above melt value to $30 in mint state condition. Proof versions with cameo contrasts are particularly valuable, with a PR68 Deep Cameo specimen selling for $23,500 in 2014.

For a concise overview, here’s a table summarizing these rare Roosevelt dimes:

YearMint MarkNotable FeatureEstimated Value Range
1975No SProof without mint mark$456,000 – $500,000+
1968No SProof without mint markUp to $40,800
1982No PStrong strike error$75 and up
1949SLow mintage, Full Bands$10 – $14,375
1955D/SSemi-key date, cameo proofAbove melt – $23,500

Collecting Tips

  • Authentication: Due to the high value of these coins, ensure they are authenticated by reputable grading services.
  • Condition: The coin’s condition significantly impacts its value. Higher grades command higher prices.
  • Market Trends: Stay informed about current market trends, as coin values can fluctuate based on collector demand and market conditions.

Collecting rare Roosevelt dimes can be a rewarding endeavor, both intellectually and financially. By focusing on these key dates and errors, collectors can enhance their collections with pieces of significant historical and monetary value.

FAQs

What makes the 1975 No S Proof Roosevelt Dime so valuable?

Its extreme rarity, with only two known specimens, and the minting error of missing the “S” mint mark contribute to its high value.

How can I identify a 1982 No P Roosevelt Dime?

Check above the date on the coin’s obverse; if the “P” mint mark is absent, you may have this error coin.

What does “Full Bands” mean on a Roosevelt dime?

“Full Bands” refers to the distinct and complete horizontal bands on the torch’s fasces on the coin’s reverse, indicating a strong strike and higher value.

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