Coinflation: Dime intrinsic value and coin price
 
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1965-2010 Roosevelt Dime Melt Value

1965 - 2010 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:91.67% copper, 8.33% nickel
Total Weight:2.268 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:
 
$3.3590  =copper price / pound on Mar 11, 2010.
.9167  =copper %
$9.6366  =nickel price / pound on Mar 11, 2010.
.0833  =nickel %
2.268  =total weight in grams
.00220462262  =pound/gram conversion factor (see note directly below)


The NYMEX uses pounds to price these metals, that means we need to multiply the metal price by .00220462262 to make the conversion to grams.



1. Calculate 91.67% copper value :

    (3.3590 × .00220462262 × 2.268 × .9167)  =  $0.0153953


2. Calculate 8.33% nickel value :

    (9.6366 × .00220462262 × 2.268 × .0833)  =  $0.0040130


3. Add the two together :

    $0.0153953 + $0.0040130 = $0.0194083




$0.0194083 is the melt value for the 1965-2010 dime on March 11, 2010.



  ← Calculate the value of your own coins.


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
1969145,790,000$0.10 - $2.00
1982 no mint markunknown$40.00 - $365.00

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 - ROOSEVELT DIMES
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 Roosevelt Dime auctions or those with the least time left (below).



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

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






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