1967 Roosevelt Dime: An Easy Hole In A Collection To Fill
Roosevelt Dime Overview
The Roosevelt Dime that has been in production since 1946 is a testament to President Roosevelt’s support of the March of Dimes and his work to eradicate polio.
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Chief engraver, John Sinnock, is the creator of the design after having been commissioned by Congress to create a new dime in 1945. Sinnock’s design was first put into production in 1946, shelving the previous Winged Liberty Dime.
On the obverse, a right facing bust of President Roosevelt is centered. The mottos, “LIBERTY” and “IN GOD WE TRUST”, can be found along the right edge and right field respectively. Sinnock’s initials and date of mintage can be found at the bottom left of Roosevelt's bust.
A torch representing liberty is part of the main design on the reverse of the coin. One set of olive branches are present, with one branch at each side of the torch.
The classic motto, “E PLURIBUS UNUM”, runs between each of the branches and torch. The words “UNITED STATES OF AMERICA” are found above the design and “ONE DIME” below.
If you want to learn more about the Roosevelt Dime and other collectible dimes, be sure to check out our Ultimate Guide to Collectible Dimes!
1967 Roosevelt Dime History
Throughout the Roosevelt Dime series, all three mints took part in the minting process. In 1967, only the Philadelphia Mint was responsible for minting the Roosevelt Dime, meaning that Denver or San Francisco did not mint any examples.
Forced with having to produce all the Roosevelt Dimes for that year, the Mint at Philadelphia produced 2,244,007,000 examples. This was the first time in mint history that only one branch created more than two billion examples of the Roosevelt Dime.
Since silver was removed from it in 1964, the composition of the 1967 Roosevelt Dime is 75% copper and 25% nickel. This resulted in a weight of 2.27 grams and a 17.9 mm diameter. Reeding is present on the edge of the coin.
Grading Uncirculated Roosevelt Dimes
Since most Roosevelt Dimes minted after 1964 had enormous amounts minted, many uncirculated examples still exist. This means that only high-grade Uncirculated coins have any real premium over face value.
Since grading Uncirculated coins is normally much harder than those in lower grades, one must know what to look for.
Here are some guidelines to help you grade your Uncirculated Roosevelt Dime:
Uncirculated 60 - No wear evident, but some contact marks are present. Luster may be slightly impaired but mostly complete.
Mint State 63 - Sharper strike than MS-60 and luster is full and strong. Only a few small contact marks are visible.
Mint State 65 - Really strong and bright luster. The strike is above average and only one or two hairline contact marks can be seen.
Mint State 67 - Almost perfect strike with incredible luster. Only one small contact mark that is in a non-distracting area.
Although these guidelines are not super detailed, they should help in determining an approximate grade. Grading at this high of a level opens a lot to interpretation, so other factors could influence the decision of a professional grader.
Value of the 1967 Roosevelt Dime
When it comes to modern coins, most are very common and do not hold much retail value to traditional collectors.
All grades lower than MS-63 are only worth face value as they can still be consistently found in everyday pocket change. Sadly, most examples found will be below MS-60 condition.
MS-63 examples can be had for around $0.50 and MS-65 is where the price reaches $1. A two point increase results in a price of $18 at MS-67. Even the highest graded 1967 Roosevelt Dime in MS-68 is valued at $400, due to its rarity in such a high grade.
Prices will not see much of a rebound in coming years unless more people begin collecting Roosevelt Dimes or the numbers began to dwindle. Either way, the 1967 Roosevelt Dime is a very inexpensive coin that can be added to your collection just by looking at your pocket change.