For coin collectors and numismatics enthusiasts, the 1970 Roosevelt Dime holds a special place. While dimes are usually seen as everyday change, certain versions of the 1970 Roosevelt Dime have gained significant value over time. But what exactly makes these dimes so rare and valuable? Let’s dive into the details.
History of the 1970 Roosevelt Dime
The Roosevelt Dime was first introduced in 1946 to honour President Franklin D. Roosevelt, who had died in 1945. It replaced the Mercury Dime and has remained in circulation ever since. By 1970, the dime had already undergone several modifications, including the transition from 90% silver to a copper-nickel-clad composition after 1964. However, certain factors make some 1970 dimes highly valuable today.
Key Features That Increase Its Value
Not every 1970 Roosevelt Dime is worth more than its face value, but a few unique characteristics can turn an ordinary dime into a collector’s treasure. Here’s what you should look for:
1. No-S Proof Dimes
One of the most valuable versions of the 1970 Roosevelt Dime is the No-S Proof Dime. Proof dimes are specially minted for collectors, typically with a small “S” mintmark indicating they were struck at the San Francisco Mint. However, due to a rare minting error, some 1970-proof dimes were struck without the “S” mintmark. These No-S Proof Dimes are extremely rare and can fetch thousands of dollars at auctions.
2. High-Grade Condition
Coin collectors always look for dimes in Mint State (MS) or Proof (PR) conditions. A 1970 Roosevelt Dime graded MS-67 or higher by PCGS or NGC can sell for a premium price. The fewer imperfections a dime has, the higher its value will be.
3. Double Die Errors
Some 1970 Roosevelt Dimes also feature double die errors, meaning the design elements, such as the date or lettering, appear slightly doubled due to a misalignment during minting. These dimes can command high prices, especially if the error is prominent.
4. Full Bands on Reverse
Another important factor that increases a dime’s value is the presence of Full Bands (FB) on the reverse side. This term refers to the horizontal bands on the torch in the design being fully struck and separated. Dimes with clear, full bands are rare and highly sought after by collectors.
How Much Is a 1970 Roosevelt Dime Worth?
The value of a 1970 Roosevelt Dime depends on its condition and rarity. Here’s a breakdown:
- Regular Circulated Dime: Worth face value ($0.10)
- Uncirculated MS-65+ Condition: $5 – $30
- No-S Proof Dime (PR-67 or Higher): $500 – $2,500+
- Double Die Error Dimes: $100 – $1,000+
- Full Bands (FB) Dime: $50 – $500
Auction prices for rare 1970 No-S Proof Dimes have exceeded $2,500, making them highly desirable.
Where to Find and Sell a 1970 Roosevelt Dime
If you believe you have a valuable 1970 Roosevelt Dime, here’s what you can do:
- Check Your Change: While rare, valuable dimes have occasionally been found in circulation.
- Visit a Coin Dealer: A professional numismatist can help assess your dime’s value.
- Get It Graded: Submit your coin to grading services like PCGS or NGC for authentication.
- Sell at Auctions: Online platforms like Heritage Auctions, eBay, or GreatCollections are great for selling rare coins.
- Join Collector Groups: Coin collecting communities often have marketplaces where collectors buy and trade valuable coins.
Final Thoughts
The 1970 Roosevelt Dime might seem like an ordinary piece of change, but rare varieties like the No-S Proof Dime, double die errors, and Full Bands versions can be worth hundreds or even thousands of dollars. Whether you’re a casual collector or a serious numismatist, checking your dimes for these unique features could lead to an exciting and valuable discovery.
Disclaimer: This article has been meticulously fact-checked by our team to ensure accuracy and uphold transparency. We strive to deliver trustworthy and dependable content to our readers.
