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COLECCIONISTAS DE MONEDAS

Valuable Dimes – Silver and Rare Coins Worth Most Money

valuable-dimes

Written by Javier Mercado

The key to valuable Dimes is important to know if you are interested in the value of coins. Despite their small size and value, we cannot deny that 10 cent coins are very valuable in the numismatic market.

If you want to know the sales prices of US Dimes quickly, you can see them below. However, whenever we talk about coin prices, knowing a lot of details and additional information can be decisive. Therefore, if you have 5 minutes, we recommend you to read this article in its entirety.

Do you know that sometimes the price of dimes can skyrocket? Let’s see a small guide to the most valuable dimes we can find this year.

Dimes worth money – How to identify a dime coin

As you’ll probably know, a dime is a US 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 coin has evolved during so many years, and 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 easily obtained as soon as they come into circulation, and there are no great rarities due to their extensive circulation.

1 –  Draped Bust

most-expensive-dime

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 comprise 89.2% silver and 10.8% copper.

2 – Capped Bust

The second type, minted between 1809 and 1837, is the ‘capped bust’.

old-dime-value

With the same composition as the ‘draped bust’, they are still rare and sought-after coins, holding a great numismatic value. Due to their antiquity, few pieces have arrived in a good state of conservation until today.

3 – Seated Liberty

The third type, put into circulation between 1837 and 1891, is the so-called ‘seated liberty’. A keystone of silver dime editions.

old-dimes-worth-money

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.

How to sell your coins (2020 UPDATE)

4 – Barber Dimes

The fourth type, used from 1892 to 1916, is the so-called ‘barber’.

dime-value-by-year

This type, with a theoretical weight of 2.5g, made-up of 90% silver and 10% copper, was a return to the previous design. We can see that it is clearly inspired by the ‘capped bust’, but with slight changes and a modernization in 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 collector’s pocket.

5 – Winged Liberty Head Dime

The fifth type, between 1916 and 1945′ is the “Winged Liberty Head’.

valuable-dimes-in-circulation

We see again a total change of style. Another allegory of freedom is depicted, which is a recurrent theme in American numismatics. It is also called the ‘Mercury dime’, as the design seems to be inspired by the copper coins of the Roman Republic (here ancient roman coins post), which represented the god Mercury wearing a winged helmet.

Which are most valuable mercury dimes? Keep reading to find out…

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 Dimes

The sixth and final variety, for now, minted from 1946 to the present, is the ‘Roosevelt’.

roosevelt dimes value

The Roosevelt type was first coined after World War II. After the death of President Roosevelt, who led the United States in the conflict, the commemorative coin was thought to honor his memory. Initially, like its 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 to sell your coins (2020 UPDATE)

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 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 below the locations of the mint marks on the unique types minted on the Dime coins:

1943-dime-value

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 in value. This classification is intended as a guide to answer the question of what dimes are worth most money.

Here is a list of the most expensive dimes in US history:

1. 1894-E Barber Dime – $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.

dime-worth-1

2. 1873-CC Seated Liberty Dime (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.

old-dime-value

3. Draped 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 a 2008 sale.

silver-dimes-worth-3

4. 1871-CC Seated Liberty Dime – $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 at over $1,000. Their circulation is only 20,100 units.

dime-coin-value

5. 1872-CC Seated Liberty Dime – $184,000

We can see that the coins minted in Carson City have an exceedingly 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.

rare-dimes-worth-money

Table chart of the next most Valuable Dimes

Here are the subsequent rankings of most valuable dime pieces, making up the top 50 positions.

Pos.Dime CoinValue
6Drapped Bust: 13 Stars1797$83,000
7Drapped Bust:1798/7$73,500
8Seated Liberty1873-CC$67,000
9Seated Liberty1874-CC$67,000
10Drapped Bust1803$67,000
11Drapped Bust: 13 Stars1804$63,500
12Drapped Bust1802$56,000
13Drapped Bust: 16 Stars1797$49,750
14Drapped Bust1801$49,250
15Capped Bust: Curl Base 21829$46,000
16Drapped Bust1800$42,500
17Draped Bust: Small 81798$42,250
18Drapped Bust1796$42,250
19Seated Liberty1846$39,500
20Seated Liberty1843-O$36,250
21Mercury1916-D$29,500
22Seated Liberty1859-S$26,500
23Capped Bust1822$26,500
24Drapped Bust: 5 Berries1805$20,750
25Drapped Bust: 8 Over 7 – 16 Stars1798$20,750
26Draped Bust: Large 81798$20,750
27Capped Bust: 4 Over 2 – Pointed Top 11824$19,000
28Seated Liberty1858-S$16,250
29Mercury: 42 Over 411942$15,750
30Seated Liberty1856-S$15,750
31Seated Liberty: Transitional Pattern: Obverse of 1859 – Reverse of 1860 – 1859$15,750
32Seated Liberty1860-O$15,750
33Drapped Bust: 4 Berries1805$14,750
34Seated Liberty: Doubled Die Obverse1873$13,250
35Drapped Bust1807$13,000
36Seated Liberty1865-S$12,500
37Seated Liberty1844$12,500
38Barber1895-O$10,250
39Mercury: 42 Over 411942-D$9,750
40Seated Liberty1885-S$9,500
41Seated Liberty: Reverse of 1838 O – 1839-O$8,500
42Capped Bust1809$7,500
43Seated Liberty1845-O$7,250
44Seated Liberty1838-O$7,250
45Capped Bust: 11 Over 091811$6,500
46Seated Liberty1849-O$6,000
47Capped Bust: Extra Large 10C – 1829$6,000
48Seated Liberty: No Drapery1840-O$6,000
49Seated Liberty1861-S$5,750
50Capped Bust: Large Date – Curl Base 2 – 1828$5,750

Bonus: 1964 Roosevelt Dime

Beyond its small face value, a Roosevelt dime may have great value to coin collectors.

In order for that to be the case, it is very likely that the coin has to be in a state close to Mint. Coins in this condition are the most valuable, given their 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 – the value given according to the amount of precious metal in the coin’s composition. If we consider that each coin has 0.07234 troy ounces of pure silver, we can determine its value.

How to sell your coins (2020 UPDATE)

Date & MintCirculated BuyCirculated SellUncirculated BuyUncirculated Sell
1964$2.00B.V.$4.00$3.00
1964-D$2.00B.V.$4.00$3.00
1965$0.25F.V.$2.00$0.40

(F.V.= Face value, B.V.=Bullion value)

As always, rare dimes are worth money

As we can see, dimes are common coins that are nonetheless highly appreciated by collectors. They reach prices that we could call scandalous according to their dates and scarce mints.