Coinflation: Silver dime intrinsic value and coin price
 
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1946-1964 Roosevelt Silver Dime Melt Value

1946 - 1964 Silver Roosevelt Dime Value (United States)

U.S. MINT SPECIFICATIONS
Denomination:$0.10
Obverse Image:Franklin D. Roosevelt, 32nd President of the United States.
Reverse Image:Torch, oak branch, and olive branch.
Metal Composition:90% silver, 10% copper
Total Weight:2.5 grams
Comments:The term 'dime' comes from the French word disme, meaning "tithe" or "tenth part."



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CALCULATING TODAY'S MELT VALUE (USD)
Using the latest metal prices and the specifications above, these are the numbers required to calculate melt value:
 
 $18.48  =silver price / ounce on Nov 20, 2009.
.90  =silver %
 $3.0811  =copper price / pound on Nov 20, 2009.
.10  =copper %
2.5  =total weight in grams
.0321507466  =ounce/gram conversion factor
.00220462262  =pound/gram conversion factor (see note directly below)


The NYMEX uses pounds to price copper and that means we need to multiply the metal price by .00220462262 to make the conversion to grams. The silver price is based in troy ounces and that means we need to multiply the metal price by .0321507466 to make the conversion to grams.



1. Calculate 90% silver value :

    (18.48 × .0321507466 × 2.5 × .90)  =  $1.3368280436


$1.3368 is the rounded silver value for the 1946-1964 silver dime on November 20, 2009. This is usually the value used by coin dealers when selling these coins at melt value. However, the total melt value is continued below.



2. Calculate 10% copper value :

    (3.0811 × .00220462262 × 2.5 × .10)  =  $0.0016979


3. Add the two together :

    $1.3368280436 + $0.0016979 = $1.3385259436




$1.3385259436 is the total melt value for the 1946-1964 silver dime on November 20, 2009.



  ← Calculate coin worth using your own quantity and silver price values.


MINTAGE AND COLLECTIBLE VALUE (USD)
The "Year" column lists the year and mint mark on the coin -- D is for Denver, S is for San Francisco, and P is for Philadelphia. A coin without a mint mark means it was also minted in Philadelphia. The "Mintage" column is the number of coins struck and released by the U.S. Mint. The "Numismatic Value Range" column represents what people typically pay for that type of coin (usually a very wide price range depending on the condition).

YearMintageNumismatic Value Range
1946255,250,000$1.00 - $16.00
1946 D61,043,500$1.00 - $16.00
1946 S27,900,000$1.00 - $16.00
1947121,520,000$1.00 - $16.00
1947 D46,835,000$1.00 - $16.00
1947 S34,840,000$1.00 - $16.00
194874,950,000$1.00 - $16.00
1948 D52,841,000$1.00 - $16.00
1948 S35,520,000$1.00 - $16.00
194930,940,000$1.00 - $16.00
1949 D26,034,000$1.00 - $16.00
1949 S13,510,000$1.00 - $75.00
195050,130,114$1.00 - $12.00
1950 D46,803,000$1.00 - $12.00
1950 S20,440,000$1.00 - $12.00
1951103,880,102$1.00 - $12.00
1951 D56,529,000$1.00 - $12.00
1951 S31,630,000$1.00 - $12.00
195299,040,093$1.00 - $12.00
1952 D122,100,000$1.00 - $12.00
1952 S44,419,500$1.00 - $12.00
195353,490,120$1.00 - $12.00
1953 D136,433,000$1.00 - $12.00
1953 S39,180,000$1.00 - $12.00
1954114,010,203$1.00 - $12.00
1954 D106,397,000$1.00 - $12.00
1954 S22,860,000$1.00 - $12.00
195512,450,181$1.20 - $20.00
1955 D13,959,000$1.00 - $20.00
1955 S18,510,000$1.00 - $20.00
1956108,640,000$1.00 - $12.00
1956 D108,015,100$1.00 - $12.00
1957160,160,000$1.00 - $8.00
1957 D113,354,330$1.00 - $8.00
195831,910,000$1.00 - $12.00
1958 D136,564,600$1.00 - $8.00
195985,780,000$1.00 - $8.00
1959 D164,919,790$1.00 - $8.00
196070,390,000$1.00 - $8.00
1960 D200,160,400$1.00 - $8.00
196193,730,000$1.00 - $8.00
1961 D209,146,550$1.00 - $8.00
196272,450,000$1.00 - $8.00
1962 D334,948,380$1.00 - $8.00
1963123,650,000$1.00 - $8.00
1963 D421,476,530$1.00 - $8.00
1964929,360,000$1.00 - $8.00
1964 D1,357,517,180$1.00 - $8.00

If you think a coin should be added/subtracted, please send an email.
If you're interested in learning more about grading coins, Photograde is an excellent resource.


EBAY AUCTIONS - SILVER ROOSEVELT DIMES ONLY
I believe that the old saying, "A coin is only worth what someone will pay for it," is absolutely true. I prefer eBay because it displays what people are actually paying for coins. Monthly coin price magazines and online price lists may not reflect current market conditions because they don't demonstrate what people are actually willing to pay.

View all silver Roosevelt Dime auctions or those with the least time left (below).



CHARTS
Long-term metal price charts for the silver Roosevelt dime:

     [Most Recent Quotes from www.kitco.com]      [Most Recent Quotes from www.kitco.com]






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