The Roosevelt dime, first introduced in 1946, was created to honor President Franklin D. Roosevelt and his legacy. While most dimes are worth only their face value, certain rare issues and varieties have become highly valuable to collectors. Some of these coins are still hidden in circulation, waiting to be discovered in pocket change or old collections. This guide explores the seven most valuable Roosevelt dimes, explaining why they are rare, what makes them desirable, and how collectors can identify them.
The History of the Roosevelt Dime
The Roosevelt dime replaced the Mercury dime in 1946, featuring a portrait of Franklin D. Roosevelt on the obverse and a torch, olive branch, and oak branch on the reverse. The design symbolized liberty, peace, and strength. Over the years, the dime has undergone changes in composition, shifting from silver to copper-nickel in 1965. Despite these changes, the Roosevelt dime remains a staple of American coinage.
Why Roosevelt Dimes Can Be Valuable
Several factors contribute to the value of rare Roosevelt dimes:
- Low mintages, making them scarce in circulation
- Minting errors, such as double strikes or missing elements
- Condition, with uncirculated coins commanding higher premiums
- Collector demand, driven by the pursuit of complete sets and rare varieties
- Historical significance tied to specific years or minting practices
1949-D Roosevelt Dime
The 1949-D dime from the Denver Mint is one of the key rarities in the series. With a relatively low mintage compared to other years, it is difficult to find in high grades. Well-preserved examples can fetch hundreds or even thousands of dollars, making it a cornerstone for serious collectors.
1950-S Roosevelt Dime
The 1950-S dime had a low mintage and is scarce in uncirculated condition. Collectors prize this coin for its rarity, and values can exceed several hundred dollars in mint state. It remains one of the most sought-after early issues in the series.
1964-D Doubled Die Reverse Dime
One of the most famous error coins in the Roosevelt series, the 1964-D doubled die reverse dime shows clear doubling on the lettering and design elements. This variety is rare and highly desirable, with values reaching thousands of dollars depending on condition.
1968 No S Proof Dime
In 1968, some proof dimes were struck without the “S” mintmark, creating the rare “No S” variety. These coins are extremely scarce and can sell for thousands of dollars. Their rarity and proof quality make them highly prized by collectors.
1970 No S Proof Dime
Similar to the 1968 issue, the 1970 proof dime without the “S” mintmark is another rare variety. Only a handful exist, and they are considered one of the most valuable Roosevelt dimes. Auction records show values exceeding $10,000 for high-grade examples.
1982 No P Dime
In 1982, some dimes were struck without the “P” mintmark at the Philadelphia Mint. These “No P” dimes are rare and can be worth hundreds or even thousands of dollars depending on condition. They remain one of the most famous modern minting errors.
1996-W Roosevelt Dime
The 1996-W dime was struck at the West Point Mint to celebrate the 50th anniversary of the Roosevelt dime. With limited distribution, it is scarce in circulation and highly collectible. Values can reach hundreds of dollars in mint state, making it a modern rarity.
Value Trends in 2026
In 2026, the market for rare Roosevelt dimes remains strong. Auction records show continued demand for error varieties and low-mintage issues. Key trends include:
- Rising interest in proof varieties such as the 1968 and 1970 No S dimes
- Increased premiums for high-grade coins certified by professional grading services
- Growing demand for modern rarities like the 1996-W dime
- Online auctions expanding access to rare coins worldwide
- Younger collectors entering the market, keeping demand strong
Updated Price Chart
| Roosevelt Dime Variety | Average Value (Circulated) | Value in Mint State | Notes |
|---|---|---|---|
| 1949-D | $10–$50 | $500+ | Low mintage |
| 1950-S | $20–$75 | $400+ | Scarce issue |
| 1964-D Doubled Die Reverse | $100+ | $1,000+ | Famous error |
| 1968 No S Proof | $2,000+ | $10,000+ | Rare proof |
| 1970 No S Proof | $3,000+ | $15,000+ | Extremely rare |
| 1982 No P | $75–$200 | $500+ | Missing mintmark |
| 1996-W | $50–$100 | $300+ | Anniversary issue |
Collector Trends
The popularity of Roosevelt dimes has created a vibrant collector market. Several trends stand out:
- Error coins remain the most sought-after varieties
- Proof and anniversary issues are gaining value as complete collections become harder to find
- Online platforms have made rare coins more accessible to global buyers
- Collectors are increasingly focused on condition, with certified coins commanding higher prices
- Younger generations are rediscovering coin collecting, keeping the hobby alive
Collector Grading Guide
Grading plays a vital role in determining the value of Roosevelt dimes. Coins are graded on a scale from Poor (P-1) to Mint State (MS-70). Key grading factors include:
- Strike quality, with sharp details increasing value
- Luster, with original mint shine highly desirable
- Surface preservation, with fewer scratches or marks resulting in higher grades
- Eye appeal, with overall attractiveness influencing collector demand
Professional grading services provide certification, which helps establish authenticity and market value.
Tips for Collectors
- Inspect coins carefully under good lighting and magnification
- Store coins in protective holders to preserve condition
- Consider professional grading for rare varieties
- Stay informed about auction results and collector trends
- Explore inherited collections, as rare Roosevelt dimes are sometimes overlooked
The Joy of Collecting Roosevelt Dimes
Beyond financial value, Roosevelt dimes are admired for their artistry and symbolism. They represent an effort to honor a president who shaped modern America and to engage the public in coin collecting. For many collectors, the thrill lies not only in profit but in the discovery of hidden treasures that others may overlook.
Key Highlights
- Seven rare Roosevelt dimes are valued at hundreds or thousands of dollars
- Famous varieties include the 1964-D doubled die, 1968 No S proof, and 1982 No P dime
- Error coins and proof issues drive collector demand
- Auction records in 2026 show strong demand for rare Roosevelt dimes
- Professional grading is essential for establishing authenticity and value
Final Words
The Roosevelt dime remains a fascinating coin for collectors in 2026. While most examples are worth only face value, rare varieties and errors can command serious money. The possibility of finding a valuable dime in everyday circulation adds excitement to the hobby.
For collectors, the pursuit of Roosevelt dimes is not just about wealth but about preserving history and enjoying the thrill of discovery. Whether found in circulation, inherited from family, or purchased at auction, these coins continue to inspire with their unique blend of artistry, rarity, and heritage.