1964 Silver Dime

Roosevelt Dime – Minted in 90% silver from 1946 to 1964. Released on January 30, 1946, which would have been Roosevelt’s 64th birthday. ‘Wartime’ Jefferson Nickels – Minted in 35% silver from mid-1942 to 1945. Every dime dated 1964 and earlier has the special quality of its 90% silver content. All are worth over face value, currently 1/18/2021 each is worth $1.67 as a base to start. These silver bullion quality dimes are sought for their silver content only. Availability of the coin determines its bullion status. The 1946 – 1964 Silver Roosevelt Dime is 90% Silver, which classifies this coin as junk silver.To see the value of the junk silver use the Silver Coin Value calculator to see the value of silver in this coin. Listed below are the mintage numbers for each year. You can choose from the Barber Silver Dime, the Mercury Silver Dime or the Roosevelt Silver Dime minted from 1946-1964. Use the text box to the right of each silver dime description (blue link) to enter a number representing the total quantity of 90% silver dimes that you wish to.

Image source: Wikimedia Commons

Know More About the1965Dime, an Error Dime

The Roosevelt Dime is the latest dime variation in circulation today. It has been so since 1946.

The Roosevelt dime was created to honor Unites States President Franklin Delano Roosevelt. He died in 1945, and a year after a dime featuring his face was minted in commemoration. It is still the one being minted up to this day.

It replaced the Winged Liberty Head or the Mercury Dime. The design of the very first Roosevelt Dime was by a United States Mint employee, Chief Engraver John R. Sinnock. It was the first coin designed by a Mint employee in over four decades, due to the lack of time to commission the design to another designer.

The Coinage Act of 1965

This Act changed the composition of the ten-cent dime from the 90% silver, 10% copper combination into a “clad sandwich”, where the entire coin is made up of pure copper and is plated with 75% copper and 25% nickel alloy.

As soon as the new dimes were released for circulation, silver dimes minted prior to 1965 were slowly removed from circulation, although up to this day there may be one or two silver dimes that will be given to you as change, and these silver dimes are what coin collectors are after. Their value has skyrocketed since being removed from circulation.

The 1965 Silver Dime

There is a certain 1965 dime that has been in every coin collector’s mind, and rightly so because its value of in the thousands of dollars. You may ask how could a ten-cent dime be worth thousands? It was already mentioned that the production of the silver dimes was halted in 1964, so a silver 1965 dime is very rare. It is also an error coin. So if you find one you should hold on to it and analyze how you can get the most out of the coin in terms of its selling value. There were only very few silver dimes ever found, but numismatists are optimistic that there are still more out there waiting to be discovered and appraised. There are two ways you can tell if the 1965 dime in your possession is made from silver or from cupronickel alloy:

Look at the edge of the coin. If it has a silver edge, it is a silver dime. If it has a brown strip on the coin’s edge, it is a cupronickel dime.

The silver dime is heavier by 23 grams. It weighs 2.50 grams compared to the cupronickel dime, which only weighs 2.27 grams.

The most expensive silver dime was worth a whopping $9,000! So if you have a rare silver dime in your possession, you can start assessing its value. What do you know, the one you have may be worth more than $9,000.

Coin Grading Hacks

If you are new at coin collecting – not just silver dimes but all kinds of US coins, you need to have a guide on how coins are graded and valued. There are grading books and price guides you can consult for your rare coin collection. Here are just some of them that will be of great help.

The Red Book: A Guide to United States Coins has been in publication since 1947, and is the longest running price guide in the US. It is very thorough in discussing coin pricing that it is considered the pricing bible. You will learn in the book the retail values of all US coins, bullion coins, other coin issues, as well as related information regarding US coins.
The Greysheet: Coin Dealer Newspaper is issued weekly, so it has the most up-to-date coin grading guidelines. This book is suitable for both coin dealers and collectors as it features all kinds of US coins and how they are graded weekly.
The US Coin Digest: This has prices for eleven coin grades, and is another thorough coin pricing guide much like The Red Book.
Coin Values: This is a monthly guide on coin prices. It indicates the retail values of coins, compared to the Greysheet that only shows the wholesale value.

If you see a rare dime, or any coin for that matter, that is different from the rest, do not toss it out yet and think that it is not worth anything. It may just be the opposite: it may be worth a lot of money if you sell it at auction.

Sources:

CoinTrackers.com has estimated the 1964 Roosevelt Dime value at an average of $3, one in certified mint state (MS+) could be worth $10. (see details)...

Type:Roosevelt Dime
Year:1964
Mint Mark: No mint mark
Face Value: 0.10 USD
Total Produced: 929,360,000 [?]
Silver Content: 90%
Silver Weight: .0723 oz.
Silver Melt: $1.97
Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around $3, while one in certified mint state (MS+) condition could bring as much as $10 at auction. This price does not reference any standard coin grading scale. So when we say average, we mean in a similar condition to other coins issued in 1964, and mint state meaning it is certified MS+ by one of the top coin grading companies. [?].

Additional Info: 929 million 1964 Franklin dimes issued here at the (p) Philadelphia mint, all coins are 90% silver. Of those 929 million just 3.9 million are proof coins. There is also a double die error this year, but the error is only on the Denver minted coins.

Numismatic vs Intrinsic Value:This coin in poor condition is still worth $1.03 more than the intrinsic value from silver content of $1.97, this coin is thus more valuable to a collector than to a silver bug. Coins worth more to a collectors may be a better long term investment. If the metal prices drop you will still have a coin that a numismatic would want to buy.

Want more info? Then read Coin Collecting Investment an article that details the benifits of coin collecting as a way to build wealth. Also learn how to properly store your coins.

See Full List On Coinflation.com

Current silver melt value* for a 1964 No mint mark is $1.97 and this price is based off the current silver spot price of $27.22 This value is dynamic so bookmark it and comeback for an up to the minute silver melt value.

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**When we say that 929,360,000, of these coins were produced or minted in 1964 this number doesn't always match the actual circulation count for this coin. The numbers come from the United States mint, and they don't reflect coins that have been melted, destroyed, or those that have never been released. Please keep that in mind.

1964 Silver Dime

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***Price subject to standard supply and demand laws, dealer premiums, and other market variations. Prices represent past values fetched at online auctions, estate sales, certified coins being sold by dealers, and user submitted values. While we wholeheartedly try to give honest price estimates there are many factors besides appearance, metal content, and rarity that help make up the coins overall value.Call or visit your local coin dealer for more information.

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