The Roosevelt Dime has been a mainstay in the pockets of consumers for decades. The U.S. Mint began producing the Roosevelt Dime in 1946, and this popular ten-cent piece replaced the Mercury Dime. The Roosevelt Dime is still produced today, and while you might assume that these coins are only worth their $.10 face value, some of them can, in fact, be quite valuable.
For a coin collector to bother with a Roosevelt Dime, the coin must be in excellent physical shape. Not only are coins in excellent condition often worth more money, but they are more attractive as well.
As is the case with any coin sought after by collectors, the condition of the piece is everything. Even though these coins have plenty of age, there are still quite a few remaining in tip-top shape. Difficult to find, it is easy to see why collectors are willing to pay top-dollar for Roosevelt Dimes that have been well-preserved.
Under normal circumstances, a coin’s condition is judged through a grading process executed by a professional organization. Understanding that not everyone can afford to send their coins away for grading, we have provided below an outline of what you might expect coins of certain grades to look like.
Uncirculated: An uncirculated coin is one that saw no time being exchanged on the open market. Instead, these pieces were kept in storage throughout their entire lives and did not have the chance to be damaged or worn. Because of their pristine condition, uncirculated coins are the most sought after.
Extremely Fine: To receive an Extremely Fine grade, the coin in question will have had to have spent a little bit of time in circulation. Though these coins will undoubtedly show some signs of wear and tear, it will be difficult to make out this wear with the naked eye. These coins are also of great value to all collectors.
Fine: Fine is the grade given to those coins that spent some time in circulation such that they have been lightly tarnished and/or damaged. Coins of this grade will show visible signs of wear, but the coin’s imagery will remain intact and able to easily be made out with the naked eye.
Good: Good is the grade given to Roosevelt Dimes that have seen an extended period of time having been circulated. The condition of these coins can best be described as poor, and the damage you will see on both faces will be extensive. Though these coins are in fairly poor shape, they are still great additions to any collection as they are more than 50 years old and quite rare.
To price the 1960 Roosevelt Dime accurately, you must take into consideration a few factors. First, you must consider the type of Dime you have. Because 2 or more types of Roosevelt Dimes were produced each and every year, the type’s specific rarity comes into play. Secondly, the price of the coin will be directly determined by the condition which it is in. Naturally, those coins that have been well-preserved are the ones that will sell for the higher prices. The chart below will give you a better idea as to what you can expect to pay for a Roosevelt Dime given its condition and type.
|1960 Roosevelt Dime||N/A||N/A||$2||N/A|
|1960 Roosevelt Dime (D)||N/A||N/A||$2||N/A||Source: Red Book|