Valuable Dimes are an important key to know if you are interested in value of coins. Despite their small size and value, we cannot deny that 10 cent coins are very valuable in the numismatic market.
Do you know that sometimes the price of dimes can skyrocket? Let’s see a small guide with the most valuable dimes we can find in this year.
- 1 Dimes worth money – How to identify a dime coin
- 2 1 – DRAPED BUST, one of the most valuable dimes
- 3 2 – CAPPED BUST, old and rare dimes with high values
- 4 3 – SEATED LIBERTY, a keystone of silver dime years
- 5 4 BARBER DIMES, old dimes that worth money
- 6 5 – WINGED LIBERTY HEAD DIME, rare dimes to look for
- 7 6 – ROOSEVELT DIME, collectible dimes for all
- 8 How can you know the mint of your one dime coin?
- 9 Silver dime values – how much is a silver dime worth?
- 10 Bonus: 1964 Dime Value – Roosevelt
- 11 As always, rare dimes worth money
Dimes worth money – How to identify a dime coin
As you’ll probably know we call dime to a U.S. coin with a face value of 10 cents. It was authorized by the Coinage Act of 1792, although it was not put into circulation until a few years later, in 1796. It is still being minted today, so we are talking about a coin that is more than two centuries old.
The type of coin has evolved during so many years. Up to six different motifs have been used for silver dimes. The price of the dime coin can vary enormously between the most sought-after, and the current ones, which are very easily obtained as soon as they come into circulation, and there are no great rarities due to their very extensive circulation.
1 – DRAPED BUST, one of the most valuable dimes
The first type coined, used from 1796 to 1807, is the so-called “draped bust”.
Due to old manufacturing technologies, these dimes are often of poor quality, with many errors and variations. They are usually very rare coins and sought after by collectors. They consist of 89.2% silver and 10.8% copper.
2 – CAPPED BUST, old and rare dimes with high values
The second type, minted between 1809 and 1837 is the “capped bust”.
With the same composition as the “draped bust”, they are still rare and sought-after coins, with a great numismatic value due to their antiquity, not many pieces have arrived in a good state of conservation until today.
3 – SEATED LIBERTY, a keystone of silver dime years
The third type, put into circulation between 1837 and 1891 is the so-called “seated liberty”.
This type has a theoretical weight of 2.67g, with 90% silver and the rest copper. It shows us on the obverse side a full-body allegory of Liberty sitting on a rock in neoclassical style.
4 BARBER DIMES, old dimes that worth money
The fourth type, used from 1892 to 1916, is the so-called “barber”
This type, with a theoretical weight of 2.5g and 90% silver and 10% copper, was a return to the previous design. We can see that it is clearly inspired by the “capped bust”, with slight changes and a modernization in its style. The obverse also represents an allegory of Freedom touched by a Phrygian cap, although we see that it is represented by a male figure. The back is a continuous design, dispensing with elaborate engravings.
These coins are becoming quite common. Except for some mints and key dates, they are affordable for almost every pocket.
5 – WINGED LIBERTY HEAD DIME, rare dimes to look for
The fifth type, between 1916 and 1945 is the “Winged Liberty Head”
We see again a total change of style. Another allegory of freedom is represented, which is a recurrent theme in American numismatics. It is also called “Mercury dime”, as the design seems to be inspired by the copper coins of the Roman Republic, which represented the god Mercury wearing a winged helmet.
Which are most valuable mercury dimes? Keep reading…
This type is very common, and the coins that carry it will only have a significant value if they belong to a rare year or a scarce mint.
6 – ROOSEVELT DIME, collectible dimes for all
The sixth and last type for now, minted from 1946 to the present, is called “Roosevelt”.
The Roosevelt type was first coined after World War II. After the death of President Roosevelt, who led the United States in the conflict, it was thought to honor his memory with a commemorative coin. Initially, like his predecessor types, it was 90% silver. From 1965 onwards, it was minted in an alloy of copper and nickel, following a policy of not using precious metals for circulating coins.
If you want to know most valuable Roosevelt dimes please keep reading…
How can you know the mint of your one dime coin?
The Mints that issued 10-cent coins are represented in the piece itself by a small die-cut letter. The guide to knowing the mint for minting dime is as follows
- If it does not have a letter or has a “P”, it comes from the Philadelphia Mint, which is also the main mint in the United States
- “S” for San Francisco
- “O” for New Orleans
- “D” for Denver
- “CC” for Carson City
We can see in this image the location of the mint marks on the different types minted on the One Dime coins
Silver dime values – how much is a silver dime worth?
How much is a silver dime worth? Let’s put together a list of the most valuable dimes on the market. Small variations in the state of conservation or in the tone can make a dime multiply its value. This classification is intended as a guide to answer the question what dimes are worth money.
Here you have a list of most expensive dimes in U.S. history:
Barber Dime 1894-E – $1,000,000-$2,000,000
In first position we have the dime minted in San Francisco in 1894. Only 24 units were made. It is believed that these coins were produced only in PROOF status as a gift to great bankers in the area. Legend has it that the daughter of the Mint superintendent received three of these pieces from her father. One of them was used to buy an ice cream, and the other two were sold in the collector’s market in the 1950s. It is estimated that of the 24 original units, only 9 have survived.
Seated Liberty Dime 1873-CC. No arrows – $1,880,000
This Carson City coined dime, with a print run of only 12,400 units, was sold at a Stack’s & Bowers public auction in 2012 for nearly $2 million
Drapped Bust Dime: 14 stars
The reason for this error is not exactly known, in the original coin it is 13 stars instead of 14, one for each original state. The record price for such a dime is $632,500 in 2008
Seated Liberty Dime 1871-CC – $270,250
This currency has a record of more than $270,000 sold by Heritage Auctions in 2014. Even units that are hard to recognize due to wear and tear are usually priced over $1,000. Their circulation is only 20,100 units.
Seated Liberty Dime 1872-CC – $184,000
We can see that the coins minted in Carson City have a very high value due to their very low circulation. Just in the intermediate year of the two previous ones in this ranking, with 35,480 units, an encapsulated copy in MS63 was sold at Stack’s & Bowers in 2012 for $184,000
Table chart of the next most Valuable Dimes
In the ranking, not as valuable as the previously described coins, we find these references in the top 50 positions.
|6||Drapped Bust: 13 Stars1797||$83,000|
|11||Drapped Bust: 13 Stars1804||$63,500|
|13||Drapped Bust: 16 Stars1797||$49,750|
|15||Capped Bust: Curl Base 21829||$46,000|
|17||Drapped Bust: Small 81798||$42,250|
|24||Drapped Bust: 5 Berries1805||$20,750|
|25||Drapped Bust: 8 Over 7 – 16 Stars1798||$20,750|
|26||Drapped Bust: Large 81798||$20,750|
|27||Capped Bust: 4 Over 2 – Pointed Top 11824||$19,000|
|29||Mercury: 42 Over 411942||$15,750|
|31||Seated Liberty: TransitionalPattern: Obverse of 1859 – Reverse of 1860 – 1859||$15,750|
|33||Drapped Bust: 4 Berries1805||$14,750|
|34||Seated Liberty: Doubled Die Obverse1873||$13,250|
|39||Mercury: 42 Over 411942-D||$9,750|
|41||Seated Liberty: Reverse of 1838 O – 1839-O||$8,500|
|45||Capped Bust: 11 Over 091811||$6,500|
|47||Capped Bust: Extra Large 10C – 1829||$6,000|
|48||Seated Liberty: No Drapery1840-O||$6,000|
|50||Capped Bust: Large Date – Curl Base 2 – 1828||$5,750|
Bonus: 1964 Dime Value – Roosevelt
Indeed, beyond its small face value, a Roosevelt dime may have value to coin collectors.
In order to do so, it is very likely that the coin has to be in a state close to Mint. Coins in this condition are the most valuable, and besides impressive beauty. It was in 1964 when the Mint issued the last dime coins with 90% silver.
Chart of 1964 and 1965 dime values
The price of a Roosevelt Dime in circulation is its bullion value, that is, -value given amount of precious metal that the coin contains. If we consider that each coin has 0.07234 troy ounces of pure silver we can determine its value.
|Date & Mint||Circulated Buy||Circulated Sell||Uncirculated Buy||Uncirculated Sell|
(F.V.= Face value, B.V.=Bullion value)
As always, rare dimes worth money
As we can see, dimes are common coins highly appreciated by collectors. They reach prices that we could call scandalous in their dates and scarce mints.