Roosevelt Dime Value: The Roosevelt dime has been a cornerstone of American coinage since 1946, created to honor President Franklin D. Roosevelt shortly after his passing. Designed by John R. Sinnock, the dime features Roosevelt’s portrait on the obverse and a torch flanked by an olive branch and an oak branch on the reverse, symbolizing liberty, peace, and strength. While most Roosevelt dimes are common, specific rare varieties and minting errors have become highly prized. In 2026, collector interest is at an all-time high, fueled by the mystery of a legendary dime valued at an astonishing $15.8 million.
Roosevelt Dime Value & Rarity Comparison (2026 Estimates)
| Year / Variety | Composition | Distinguishing Feature | Estimated Value Range |
| 1949-S | 90% Silver | Low mintage (San Francisco) | $50 – $3,500+ |
| 1964-D | 90% Silver | High-grade “Full Torch” detail | $20 – $6,500+ |
| 1968 No S | Proof Clad | Missing “S” mint mark on proof | $20,000 – $40,000+ |
| 1975 No S | Proof Clad | Ultra-rare (Only 2 known) | $450,000 – $1,100,000 |
| 1982 No P | Clad | Missing Philadelphia mint mark | $50 – $2,500+ |
| Legendary Error | Unique | Experimental / Transitional Strike | Up to $15,800,000 |
The Roosevelt dime replaced the Mercury dime in 1946 as a tribute to FDR’s leadership during the Great Depression and World War II, as well as his dedication to the March of Dimes. From 1946 to 1964, these coins were struck in 90 percent silver, giving them intrinsic value that rises with the price of precious metals. After 1964, the U.S. Mint transitioned to a copper-nickel clad composition. While modern clad dimes are usually worth face value, errors from this era—such as the missing mint marks on proof coins—are among the most valuable treasures in numismatics.
Key Factors That Determine High Market Value
Most Roosevelt dimes remain common, but rarity, condition, and minting errors can dramatically increase their worth. Low production numbers create scarcity, particularly for certain early San Francisco Mint issues like the 1949-S. Minting errors such as doubled dies, off-center strikes, or unusual planchet compositions (like a 1965 dime struck on a silver planchet) are highly sought after by specialists. Professional grading is essential; coins graded MS65 or higher with “Full Torch” details (complete horizontal lines on the reverse torch) command significant premiums.
The Mystery of the $15.8 Million Roosevelt Dime
Among all known Roosevelt dimes, one extraordinary example stands out with a reported value of $15.8 million. This coin is believed to be a unique transitional or experimental error strike, possibly featuring a wrong metal composition combined with an exceptionally sharp, perfect strike. Its combination of absolute rarity, flawless preservation, and the historical mystery surrounding its creation has elevated it to legendary status in 2026. For elite collectors, this dime represents the ultimate prize, proving that even modern series can harbor million-dollar secrets.
Tips for Identifying and Preserving Rare Dimes
Collecting Roosevelt dimes offers a mix of history and the excitement of discovery. Many valuable coins can still be found in circulation or old collections. Proper identification requires a few critical steps:
- Weigh the coin: Wrong-metal errors often have distinct weights compared to standard silver (2.5g) or clad (2.27g) dimes.
- Check the Mint Mark: Look closely at proof sets from 1968, 1970, and 1975 for the absence of the “S” mark.
- Examine the Torch: On the reverse, look for “Full Bands” or “Full Torch” details, which indicate a superior strike.
- Avoid Cleaning: Never clean a rare coin, as this removes the natural patina and can slash the value by over 50%.
Final Verdict
The Roosevelt dime remains a cornerstone of U.S. numismatics, blending historical significance with accessibility for new hobbyists. While the vast majority of dimes in your pocket are worth exactly ten cents, the rare outliers—like the 1975 No S Proof or the legendary $15.8 million error—showcase the incredible financial potential hidden in small change. Whether you are collecting for investment or as a tribute to FDR’s legacy, the Roosevelt series continues to be one of the most rewarding areas of coin collecting in 2026.
Disclaimer
This article is for educational purposes only. Coin values fluctuate based on rarity, condition, grading, and market demand. Auction records mentioned reflect 2026 market estimates and high-end sales. Always consult professional numismatists or certified grading services like PCGS or NGC before buying or selling collectible coins.
Rare Roosevelt Dimes Worth Millions in 2026
This video provides a visual guide to the specific Roosevelt dime errors and varieties that can reach million-dollar valuations in the current market.
