$5 FV Roosevelt 90% Silver Dimes

The Roosevelt Dime, first minted in 1946, is a staple of American coinage and features the profile of Franklin D. Roosevelt, the 32nd President of the United States. These dimes are composed of 90% silver and 10% copper for coins minted from 1946 to 1964. The Roosevelt Dime was introduced to honor Roosevelt's leadership during the Great Depression and World War II and for his role in founding the March of Dimes, a campaign to combat polio.

Why is the Coin Famous?

The Roosevelt Dime is notable for its commemorative purpose, honoring the legacy of Franklin D. Roosevelt. The coin became popular due to its widespread use and the significant historical period it represents. Additionally, the high silver content of dimes minted before 1965 makes them valuable to both numismatists and silver investors, especially as silver prices fluctuate.

Who Designed the Coin and Why?

The Roosevelt Dime was designed by John R. Sinnock, the Chief Engraver of the United States Mint. Sinnock's design featured a portrait of Franklin D. Roosevelt on the obverse side, symbolizing the President's impact on American history and his contributions to fighting polio. The reverse side of the coin features a torch, olive branch, and oak branch, representing liberty, peace, and strength respectively.

Coin Specifications and Symbolism

• Weight: 2.5 grams
• Silver Content: 90% silver (0.0723 troy oz of pure silver)
• Diameter: 17.91 mm
• Thickness: 1.35 mm
• Edge: Reeded

The Roosevelt Dime was minted in several locations including Philadelphia, Denver, and San Francisco. Each mint is identified by a mint mark on the reverse side of the coin, with 'D' representing Denver and 'S' for San Francisco. Coins from the Philadelphia Mint do not carry a mint mark. Some years and mint marks can affect the value of the coin, with certain rarer examples commanding higher prices among collectors.

Roosevelt Dime Value

The value of Roosevelt Dimes largely depends on their silver content and condition. However, certain years and mint marks are more scarce, such as the 1949-S and 1955-P dimes, which can increase a coin's value significantly above melt price. Coins in higher grades, such as MS65 or higher, are especially sought after by collectors.

The intrinsic value of these dimes is tied to the current market price for silver, but their historical and numismatic significance can add a premium. The Roosevelt Dime continues to be a beloved piece of American currency, valued for its history, design, and silver content.