US Silver Dimes
Silver makes up 90% of the composition of all US dimes made before 1965. In the business, these coins are sometimes described to as “junk silver.”
From 1992 to 2018, the United States Mint has produced.900 fine silver proof Roosevelt dimes in unique Silver Proof Sets. Silver Proof Sets made of.999 fine silver will be available in the Mint’s Silver Proof Collection starting in 2019. (99.9 percent pure silver).
Here is everything you need to know about Platinum spot price.
History of Dimes
The current U.S. 10-cent coin design is based on the “Roosevelt” motif. In 1946, just after the death of the President Franklin D. Roosevelt, the U.S. Mint began issuing this design on coins. To commemorate his birth date on January 30th, that year, the Mint issued it. Roosevelt’s profile can be seen on the coin’s reverse (heads). On the back (tails), a torch, olive branch, with oak branch symbolize liberty, peace, and power.
Roosevelt sponsored a March of Dimes, the movement that gathered money for polio research, thus the dime was an obvious option for commemorating him. When he was 39, he was diagnosed with polio.
In 1796, the Mint began producing dime coins. The coins were made of silver and were tiny in size. Liberty appeared on the obverse as well as an eagle appeared on the reverse from 1796 to 1837. Wreaths replaced the eagle in 1837. There was no end in sight to liberty’s reign, which lasted until 1946.
The “Mercury” dime, created by Adolph A. Weinman, was produced by the Mint from 1916 to 1945. Freedom of thought was symbolized on the coin’s reverse, which featured a figure of Liberty dressed in a cap with wings. The design was given its name because of its resemblance to that of Mercury, the Roman god. As you can see on the reverse, an olive branch and a fasces were depicted. America’s military readiness and yearning for peace were symbolized by the two emblems. it is widely agreed that the Mercury dime represents one of the most aesthetically pleasing coins in American history.
In 1965, the United States Mint changed the composition of the dime to copper-nickel clad, removing the silver.
What is the Value of Silver Dimes
You may always determine the value of the silver dime in terms of its melt value by multiplying its real weight in silver, which is 0.07234 troy ounce, through the price of silver as it is currently traded on the spot market.
At the time this article was written, the melting value of a dime with a common date was approximately $1.50. That is an increase of 1,400 percent beyond the face value of ten cents! “Junk silver” indeed.
If you own a jar or a bag full of dimes, this might quickly become a significant amount of money. If you take the coins to a respected coin dealer, you will receive the most accurate appraisal possible for them.
Variations of Dimes
A Coinage Act of the 1792 allowed minting a “disme” worth one-tenth a dollar in silver. Due to poor demand and production constraints at the U.S. Mint, 1792 dismes were never circulated.
Bust Draped (1796-1807)
In 1796, the Draped Bust dime was first struck. Robert Scot designed the coin. Lady Liberty is on the obverse. The back displays a bald eagle with palm & olive branches
Seated Liberty (1837-1891)
Christian Gobrecht designed Seated Liberty. Lady Liberty sits on a rock while clutching a liberty cap-topped staff. Her right hand holds a “LIBERTY” shield. “ONE DIME” is surrounded by the wreath on the reverse.
Winged Liberty Head 1916-1945
The Winged Liberty Heads dime is called “Mercury,” but it doesn’t represent a Roman messenger God. On the obverse, the Roman goddess Liberty wears a Phrygian helmet, a Western emblem of liberty, with wings representing freedom of thinking. The reverse displays a fasces and olive branch, signifying war and peace.
Franklin D Roosevelt (1946-present)
FDR was chosen for the coin soon after the death in 1945. He was chosen for launching National Foundation for Infantile Paralysis, that helped polio sufferers and their families. The obverse depicts FDR. The back depicts a torch, olives branch, & oak branch, signifying liberty, peace, and power.
Where to Sell your Dimes
If you wish to sell US dimes, you need a respectable and trustworthy buyer. Online or in-person, you can buy coins from a coin dealer. The challenge here is to find company that is both trustworthy plus able to buy dimes at a reasonable price. As a result, we believe Gold Buyers USA is the ideal site to sell US dimes. Over the past 30 years, we’ve maintained an A+ rating with the BBB, and we’ve never had any complaints. All of the collectible coins you can think of are fair game for us. Visit our website today to get started selling coins!Get a complete range of silver coins at Gold Buyer USA.