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    1961 Roosevelt Dime

    The Roosevelt Dime is a coin that has stood the test of time. These coins were first produced by the U.S. Mint in 1946, and were designed to replace the Mercury Dime. These ten-cent pieces remain popular with consumers and collectors, and are still produced by the mint today. While most might assume that Dimes do not have any collectible value, some Roosevelt Dimes can have value far beyond the coin’s face value, depending on type and condition.

    For the serious coin collector, however, only Roosevelt Dimes in excellent overall condition will be worth the effort of acquisition. Not only are these the most beautiful Dimes, but they are the most valuable as well.

    Grading the 1961 Roosevelt Dime

    No matter the type of collector, the condition of a given coin is absolutely paramount. Because no one desires to add poorly-preserved coins to their collection, most collectors will not rest until they have a complete collection of pristine coins.

    Under normal circumstances, a collector looking to ensure that their collection is in tip-top shape will send his coins away for grading. Unfortunately, not everyone has the time and money to send their coins to a professional company to be graded, and for that reason we have provided an outline below which explains the basic characteristics tied to coins of a specific grade.

    Uncirculated: Uncirculated coins are considered to be the most desirable because they have spent no time exchanging hands and, as such, have not been damaged or worn whatsoever. Though they were produced more than 5 decades ago, Roosevelt Dimes graded to be Uncirculated will appear as though they were just rolled off the press a few weeks ago.

    Extremely Fine: A coin that is given the grade Extremely Fine is one that spent only a very limited amount of time being circulated. These coins will take on the appearance of a pristine coin, but under close inspection you will be able to pick out some wear due to the coin having been circulated for a limited amount of time. Fortunately, the wear present on Extremely Fine coins is extremely light in nature.

    Fine: A coin that is graded to be Fine is one that saw a moderate amount of time in circulation, and incurred a good bit of damage as a result. Though you will be able to quite easily make out wear and tear, these coins are in relatively great condition when you consider how old they are. With all of the imagery and texture of the coin intact, a Fine Roosevelt Dime is a great addition to any collection.

    Good: This is the grade given to those coins that were circulated for decades upon decades. As a result of their extremely elongated circulation, coins graded to be Good are home to a lot of significant wear, including heavy scratching, chipping, and any number of other deficiencies. Despite their poor appearance, even Roosevelt Dimes in this condition are sought after by collectors.

    Pricing the 1961 Roosevelt Dime

    If you are attempting to get a better idea as to what you might pay for a graded 1961 Roosevelt Dime, there are a few things you must first consider. First, because multiple types of the Dime were minted most years, the level of scarcity associated with the particular type of Dime is the first determinant of price. After that, you can turn to the condition of the coin. As you could have likely guessed, Dimes that have been well-preserved and are in great condition will sell for much more than those Dimes that have been circulated extensively.

    Roosevelt Dimes

    1961 Roosevelt Dime N/A N/A $2 N/A
    1961 Roosevelt Dime (D) N/A N/A $2 N/A
    Source: Red Book

    All Market Updates are provided as a third party analysis and do not necessarily reflect the explicit views of JM Bullion Inc. and should not be construed as financial advice.