The 1949 Roosevelt Silver Dime holds more than just historical value—it is a prized collectible that has captivated numismatists and investors alike.
Its design, minting history, and connection to post-war America contribute to its allure. In this article, we delve into the factors that make this coin a valuable asset in any collection.
What Makes the 1949 Roosevelt Silver Dime Special
The 1949 Roosevelt Silver Dime is highly regarded for several reasons. The historical significance tied to the legacy of Franklin D. Roosevelt and the post-World War II era adds sentimental value.
The coin features Roosevelt’s portrait on the obverse, designed by John R. Sinnock, while the reverse displays a torch, olive branch, and oak branch, symbols of peace, strength, and liberty. This symbolism, coupled with its silver content, makes it an iconic piece in U.S. numismatics.
Where Was the 1949 Roosevelt Silver Dime Minted
The 1949 Roosevelt Silver Dime was minted at multiple U.S. Mint locations, including Philadelphia, Denver, and San Francisco.
The mintmark, located on the reverse side of the coin, helps collectors determine the origin of each dime. The coin was issued during a time when silver was still a key element of American currency, adding to its intrinsic value.
Grading and Condition of the 1949 Roosevelt Silver Dime
The condition or grade of the coin is crucial in determining its market value. Coins are graded on a scale from Poor (P-1) to Mint State (MS-70), with higher grades reflecting a better condition. Collectors and investors closely examine the coin for signs of wear, scratches, or other imperfections.
A well-preserved 1949 Roosevelt Silver Dime, particularly one in Mint State, can fetch a significantly higher price than one with visible damage.
Current Market Value of the 1949 Roosevelt Silver Dime
The current market value of the 1949 Roosevelt Silver Dime is influenced by several factors, including its silver content, condition, and rarity. As of now, the value for a circulated coin ranges from a few dollars to over $10, with rarer or higher-grade coins being sold for much higher amounts.
Collectors often turn to numismatic dealers or auction houses to buy and sell these coins, and prices fluctuate based on demand and the overall state of the precious metals market.
| Mintmark | Condition | Estimated Value | Key Features | Popularity |
|---|---|---|---|---|
| No Mintmark | Good | $2 | Common circulation coin | High |
| D Mintmark | Fine | $3 | Denver Mint coin | Moderate |
| S Mintmark | AU | $6 | San Francisco Mint coin | Moderate |
| MS-65 | MS-65 | $15+ | High-grade, well-preserved coin | Low |
In conclusion, the 1949 Roosevelt Silver Dime offers a rich blend of historical value, artistic design, and precious metal content, making it a coveted item for collectors and investors alike.
Whether you’re just starting your numismatic journey or looking to expand your collection, this coin stands out as an essential piece of American history.
FAQs
What is the significance of the 1949 Roosevelt Silver Dime?
The 1949 Roosevelt Silver Dime commemorates President Franklin D. Roosevelt and the March of Dimes campaign. It symbolizes post-war American prosperity.
How can I determine the value of my 1949 Roosevelt Silver Dime?
The value is determined by factors such as the coin’s condition, mintmark, and rarity. Coins in better condition or higher grades generally hold higher value.
What is the silver content of the 1949 Roosevelt Silver Dime?
The 1949 Roosevelt Silver Dime contains 90% silver and 10% copper, with a total silver weight of approximately 0.0723 troy ounces.
Where can I sell my 1949 Roosevelt Silver Dime?
You can sell your coin to reputable dealers, at numismatic auctions, or on online platforms specializing in rare coins. Always check the current market value before selling.
Are there any rare versions of the 1949 Roosevelt Silver Dime?
Yes, coins with unique features such as high grades or specific mintmarks (like the S or D mintmark) can be rarer and more valuable than the 1949 Roosevelt Dime.
