The 1964 Silver dime is a popular coin due to its beauty and relatively common nature. Silver coins minted in 1964 are 90% silver and 10% copper, with the silver content weighing in at. 07234 per ounce.
The approximate melt or intrinsic value of a 1964 Silver dime is roughly $1. 20, while its retail collectible value is significantly higher.
Recent auction records show that a 1964 Silver dime in average circulated condition typically carries a retail price of around $2. 50, while one in uncirculated condition can fetch quite a bit more. For example, NGC has graded an MS67 1964 Silver 10-cent piece at $78.
In fact, on rare occasions, some 1964 Silver dimes even sell for hundreds or even thousands of dollars.
It is important to keep in mind, however, that the market price of any 1964 dime can and often does fluctuate from day to day depending on market conditions, so the actual worth of your coin could be higher or lower than the prices listed above.
What makes a 1964 dime rare?
The 1964 dime is considered rare because it was the last year the “silver” dime was minted with a 90% silver composition. This composition of silver made it a desirable collectible and rare commodity.
In 1965, the silver dime was replaced by a copper-nickel alloy, resulting in a much more common dime. Additionally, the 1964 dime was only minted at the Philadelphia and Denver Mints, further contributing to its rarity.
Lastly, while Mint State (MS) coins of this year are not exceedingly rare, high grades such as MS66 or above will command a steep premium from coin collectors due to the coin’s good eye appeal and collectability.
Is a 1964 dime pure silver?
No, a 1964 dime is not pure silver. After 1964, the United States Mint stopped minting coins with silver content. The 1964 dime is part of the 90% silver coins minted between 1965 and 1969. The dime contains a 90% silver outer layer and a 10% copper inner layer bonded together.
Therefore, the 1964 dime is not pure silver, but it is still worth more than its face value due to its silver content.
What is the error on the 1964 dime?
The 1964 dime is a very valuable collector’s coin due to a highly sought-after error. The error is a doubled die that causes the mint mark to be indistinguishable. This particular error occurs when the dies used to strike the coin receive an unintentional double impression from the hub.
The doubling is caused by misalignment between the dies and the hub and will cause the coin to show a hazy doubling of the mint mark or even absent mint mark. In the 1964 dime, the Philadelphia mintmark “P” is almost unrecognizable or could be missing.
Insignificant amounts of doubling can also be seen on the date and the lettering. This error is highly prized because it was unpopular and many were never released in circulation, making them much rarer than other error coins.
However, the rarest is the no mintmark variation. The 1964 Error Dimes can be divided into two types depending on the amount of doubling visible. Type 1 coins can have minor doubling while, Type 2 coins presen significant doubling.
There are estimated to be only 11,500 of the Type 2 variety and only 1,500 of the Type 1 variety. If you have one, the coin is worth an estimated $345 to $6,500 depending on the variety, type, condition and the grade of the coin.
What year silver dimes are worth the most?
The year of a silver dime affects its value, depending on its release date, grade, and surface condition. Silver dimes from the 19th century, such as the Seated Liberty and Barber Dimes, usually carry the highest value due to their age and rarity.
Silver dimes from the early 20th century, like the Mercury Dime, Standing Liberty Quarter, and Winged Head Liberty Quarter, also carry a significant amount of value. However, certain years of these coins are worth more than others.
Generally the rarest and most valuable years of silver dimes are those dated 1809, 1838-O, 1838-S, 1858, 1881, and 1892.
What years of dimes are pure silver?
Dimes made prior to 1965 comprised 90% silver. That means any dime issued in or before 1964 is made entirely of silver. After 1964, dimes were made of an alloy containing copper and nickel with no silver—making these dimes less valuable to collectors.
As a result, coins made before 1965 are highly sought after and are typically worth much more than the face value. The exceptions to this rule include proof sets and small mintages issued after 1964, which could still contain 90% silver.
What are the 15 most valuable dimes?
The most valuable dimes in the U.S. are as follows:
1. 1873 Liberty Seated Dime – worth up to $825,000
2. 1894-S Barber Dime – worth up to $675,000
3. 1916-D Mercury Dime – worth up to $385,000
4. 1804 Draped Bust Dime – worth up to $220,000
5. 1838-O Liberty Seated Dime – worth up to $200,000
6. 1891-O Liberty Seated Dime – worth up to $160,000
7. 1913-S Barber Dime – worth up to $80,000
8. 1858 Flying Eagle Dime – worth up to $68,750
9. 1876-CC Liberty Seated Dime – worth up to $50,000
10. 1838 Liberty Seated Dime – worth up to $45,000
11. 1914-D Barber Dime – worth up to $40,000
12. 1895-O Barber Dime – worth up to $32,000
13. 1916-S Mercury Dime – worth up to $30,000
14. 1892-O Liberty Seated Dime – worth up to $20,000
15. 1891-S Liberty Seated Dime – worth up to $15,000
Many of these dimes can be further valued depending on their condition, with some mint state coins being worth up to several hundred thousand dollars. Therefore, the value of these dimes can vary greatly depending on their rarity, condition, and demand.
How can you tell if a dime is pure silver?
Determining whether a dime is pure silver is not always a straightforward process, as modern dimes are made from a mixture of copper and nickel and only bear a small amount of silver. The best way to tell if a dime is made from pure silver is to first use a magnet to see if it sticks to the dime.
If it does not stick, then the dime could possibly contain some amount of silver. While it is difficult to determine the exact amount of silver in a given dime, you can use a silver acid test kit to test the purity of the silver.
The test kit contains a solution of silver nitrate, sulfuric acid, and distilled water. To perform the test, you must place a small drop of the solution on a freshly buffed spot on the dime. If a black residue left behind by the solution is visible on the dime, it is a sign that the dime contains some amount of silver.
Further testing with a magnifying glass may be necessary to determine the exact percentage of silver in the dime.
Are dimes after 1964 worth anything?
The answer is yes, dimes after 1964 can still be worth something. Dimes from 1965-1970 were made from a composition of copper and nickel, meaning these coins can still be worth more than the face value of 10 cents.
The composition of these coins was changed in 1971 to be primarily copper in the inner layers and a copper-plated zinc core, which has a lower metal value than the earlier dimes. However, dimes from any year can still be worth something if they are in high mint state or uncirculated condition.
Any dimes with particularly interesting patterns or errors can be even more valuable. Finally, some coins can be worth something because of their age. For example, a 1964 Roosevelt Dime can be worth up to $1.
00 or more due to its age. Ultimately, the best way to determine the value of a dime after 1964 is to have it professionally evaluated by a coin dealer.
Are all dimes before 1964 silver?
No, not all dimes before 1964 are silver. From 1837 to 1891, dimes were composed mostly of silver. However, from 1892 to 1964, dimes were composed of a base metal core with a thin outer band of silver.
During this period of time, dimes were referred to as “clad dimes” because the exterior of the coin was clad in silver. In 1964, the composition of the dime changed from silver to a copper-nickel alloy.
This composition is still used today.
What dime is worth $1000000?
No dime is worth $1000000, as a dime is only worth 10 cents. However, there are certain rare and collectible items that are worth a tremendous amount of money. There have been several very rare and highly sought-after coins that have auctioned for more than $1000000, including a 1943 copper Lincoln penny which auctioned for more than $1.
7 million in 2010. Similarly, in 2009 a rare 1822 gold Half Eagle coin sold for more than $1. 8 million. These items, while technically still dimes, are not actually worth the face value of 10 cents, and instead are worth a much higher amount based on their rarity and collectibility.
What dime is worth a lot of money?
These include the 1894-S Barber Dime, the 1873 Closed 3 Liberty Seated Dime, the 1916-D Mercury Dime, the 1802 Draped Bust Dime and the 1804 Silver Dollar Dime. The most valuable among these is the 1894-S Barber Dime which, if it exists in High Grade Mint State condition, can be worth over a million dollars.
Other rare dimes can be worth thousands of dollars or more, depending on their condition and scarcity. It is important to note that even a common circulated dime can be worth much more than face value if it is a key date, hard to find a variety or transitional variety.
Is there a dime worth $2 million?
No, there is not currently a dime worth $2 million. While there have been dimes with extremely high appraised values in the past, the highest value ever recorded for a dime was $1. 3 million. This dime was a rare 1873 “CC” Carson City Mint variety, and there are only 12 known to exist in the world.
As such, the rarity of this particular dime caused collectors to pay an extremely high price in order to possess it. For comparison, most circulated dimes typically have little to no collectible value, and are only worth the face value of 10 cents.
What year is the million dollar dime?
The million dollar dime is a unique, one-of-a-kind rare coin minted in 1894. It is the only known dime from that year to be made of a 90% silver alloy, and is hand-polished and engraved with a very intricate design.
It is said that the coin was designed for President Grover Cleveland for a special occasion. The coin is known for having the highest certified face value of any coin in the world, and is currently valued at $1.
What dimes are considered rare?
These include any dimes minted before 1965, as these are the last year silver was used in the making of dimes. Other rare dimes are those dated 1873, 1874, and 1875, as these dimes are known as the “three-legged” Liberty Head dimes.
The most rare dime is the 1894-S Barber dime, which has only 24 known surviving examples, making this dime incredibly difficult to find and highly valuable. Some other rare dimes include the 1876-CC, 1877-CC, and 1891-O, as these are scarce and often commercially unavailable dimes from their respective minting runs.
Finally, any “Proof” or “SMS” (Special Mint Set) dimes dating from 1950 to 1964 are considered collectible and thus scarce, and can therefore be considered rare in some regards.