1947 Dime Value: How Much Is It Worth Today?
Take a trip down memory lane to 1947, when the US Mint produced millions of dimes with the picture of President Franklin D. Roosevelt. And certain 1947 dimes have exceptional worth above and beyond their ten-cent denomination, despite being a common coin in use. Several important factors can affect this value’s range, which can be anything from a few dollars to tens of thousands of dollars. The history of the 1947 dime value is intriguing, so keep reading to learn more if you’re a coin collector or just intrigued about the field of numismatics.
1947 Dime Value Chart
|Mint Mark||Good||Fine||Extremely Fine||Uncirculated|
|1947 No Mint Mark Dime Value||$1.50||$1.50||$2.00||$5.00|
|1947 Denver Mint Mark Dime Value||$1.50||$1.50||$2.00||$8.00|
|1947 San Francisco Dime Value||$2.00||$2.05||$2.10||$10.00|
1947 No Mint Mark Dime Value
The United States Mint put a lot of effort into producing enough coins to circulate in the years following World War II. Millions of dimes were manufactured by the Philadelphia Mint that year, many of which were struck without mint markings because the mint did not begin using them until 1979. Yet, the majority of these dimes were highly circulated and frequently used until they were worn out, making the 1947 Dimes in excellent condition an uncommon and expensive find for collectors today.
With a picture of President Franklin D. Roosevelt on the obverse and an olive branch, a torch, and an oak branch on the reverse, the 1947 Dime has an iconic design. The coin weighs 2.5 grams and has a diameter of 17.9 millimeters. And despite being a small and common coin in use, certain 1947 No Mint Mark Dimes have sold for tens of thousands of dollars at auction.
The Philadelphia Mint’s 1947 Dime is 90% silver and 10% copper, and it lacks a mint mark. Up until 1964, circulation coins in the United States were frequently made of this “coin silver” alloy.
A 1947 dime rated MS68 by Professional Coin Grading Service is thought to have sold for the highest price ever for a coin without a mint mark (PCGS). In a Heritage Auctions sale in June 2005, this specific coin brought in $3,220.
1947 Denver Mint Mark Dime Value
The Roosevelt Dime series, which honors President Franklin D. Roosevelt and his efforts to the modernization of the United States Mint, includes the 1947-D Dime with a Denver Mint mark. Similar to other Roosevelt Dimes of the time, the 1947-D Dime has an image of President Roosevelt on the obverse and an olive branch, a torch, and an oak branch on the reverse.
The Denver Mint was founded in 1863, and since then it has had a long and illustrious history. In order to meet the rising demand for coins in the western United States during the gold rush, the Mint was founded, and it has since played a significant role in the creation of American coinage. John R. Sinnock, who at the time served as the Chief Engraver of the United States Mint, created the Roosevelt Dime.
A few mistakes are more frequently discovered on coins made at the Colorado Mint, and the 1947 Denver Mint Mark Dime has some of them. A filled mint mark, which occurs when the “D” mint mark is filled in or seems to be a blob during the minting process, is one of the most frequent ones.
A piece classed as MS68+ by PCGS, a reputable third-party grading service, was the most valuable 1947-D dime ever sold at auction. In January 2009, Superior Galleries sold this piece for $7,762.00, breaking the previous record for the highest price ever paid for a Roosevelt dime at auction.
1947 San Francisco Dime Value
The most prevalent date and mintmark combination of the Roosevelt Dime series is the 1947-S dime, which the San Francisco Mint produced in excess of 33 million pieces.
The Franklin D. Roosevelt Dime series is a homage to President Roosevelt and his part in modernizing the US Mint. The San Francisco Mint produced the 1947-S Dime, which has an ornate reverse with an olive branch, a torch, and an oak branch, and an eye-catching design of President Roosevelt on the obverse.
The mid-1800s California gold rush is where the lengthy and distinguished history of the San Francisco Mint begins. In order to satisfy the need for coinage in the western United States, it was established in 1854, and it has since had a considerable impact on American coinage. A minor but crucial portion of this history is represented by the 1947-S Dime.
The Roosevelt Dime is a popular and highly sought-after series. It was created by John R. Sinnock, who was the Chief Engraver of the United States Mint at the time. It is a preferred option for coin enthusiasts due to its exquisite appearance and symbolic meaning.
Many elements, such as a 1947-S Dime’s condition, rarity, and other elements, affect its worth. High-quality examples can fetch astronomical prices at auction. A specimen rated as MS68 by PCGS was sold by Stack’s Bowers Galleries for $6,168 in August 2012, breaking the previous record for the highest price ever paid for a 1947-S Dime at auction.
The 1947-S Dime is still a highly sought-after coin among collectors because of its superb condition and unique features.
1947 Dime Grading
Grading is an important factor in determining the value of your 1947 dime. Coins that are in great condition and don’t exhibit any signs of wear or corrosion are valued higher than those that do. With their flawless surfaces and fine features, these coins of exceptional quality are like the shining stars of the coin world.
And just like with people, a coin’s look and grade can be impacted by a variety of variables. Cleaning, toning, and other types of manipulation can affect a coin’s general condition in addition to simple wear and corrosion. If you are a coin collector and would like to find out more, you can check out this video, where an expert grades a 1947 dime.
1947 dime errors
Wear and tear on the dies or poor alignment during the striking process are only two examples of the many things that might result in misaligned dies. The picture that results from a misaligned die striking might be deformed or off-center, which deters collectors from buying the coin. Yet, some coin collectors prefer these misaligned die flaws because they give the coin a distinctive quality and might provide insight into the minting procedure.
On top of that, this adds lots of rarity to the coin, making it extremely valuable.
When the design on the die is duplicated, this is known as a double die error, and the coin that results has duplicate pictures. These mistakes could happen as a result of a number of things, like die wear and tear or poor alignment during the striking process. Because of their rarity and ability to give the coin an individual touch, double die faults are highly prized by collectors.
Die cracks are a result of coin-striking die wear and tear. The coin’s design may become distorted or incomplete as a result of cracks in the die that might appear over time. Die cracks can appear in the coin’s rim, the decorative components, or the text, among other places, and they can vary in size and location on the coin, and their value is typically based on their rarity and severity.
While you might believe that faults of this nature would lower a coin’s value, some collectors actively look for errors because they make the coins rare and valuable.
Weak strikes happen when the coin receives just a weak imprint from the die, leaving a less distinct picture. A number of things, such as old or damaged dies, incorrectly calibrated equipment, or insufficient striking pressure, might result in weak strikes. Since they lack the fine detail and crispness observed in coins with strong strikes, weak strikes are usually less appealing to collectors.
Off Metal Strikes
When a coin is struck on a blank planchet intended for a different denomination or metal composition, it is known as an “off metal strike.” These mistakes can be caused by a number of things, including human error during the minting process or incorrectly calibrated equipment. Off metal strikes are uncommon and highly prized by collectors because they give the coin a distinctive quality and can shed light on the coin’s history and minting process.
1947 Dime FAQ
Are 1947 dimes rare?
The 1947 dime, particularly the Philadelphia Mint issue, is a relatively common coin in terms of its mintage numbers. However, its value is determined by its condition, scarcity, and any potential errors or varieties. Some rare varieties of the 1947 dime, such as those with the missing “D” mint mark or those with full torch lines, can fetch high prices at auction.
Overall, while the 1947 dime may not be considered rare in general, its value can still vary depending on many factors, so if you believe you got your hands on a special coin, get it graded by a professional.
Is a 1947 dime all silver?
While it is not entirely made out of silver, the 1947 dime, like all Roosevelt dimes minted from 1946 to 1964, is composed of 90% silver and 10% copper. This makes it a valuable coin for collectors and investors alike, as its silver content alone is worth more than its face value.
How much is a 1947 dime worth no mint mark?
The value of a 1947 dime without a mint mark, also known as a Philadelphia Mint issue, can vary depending on its condition and any potential errors or varieties. In general, a circulated 1947 dime is worth its face value of 10 cents, but an uncirculated coin can be worth several dollars. For example, an uncirculated 1947 dime graded MS-65 by a reputable coin grading service can be worth around $15-20.
Where is the mint mark on a 1947 dime?
On the back of a 1947 dime, above the letter “E” in “ONE” and to the right of the torch, you’ll find the mint mark. It won’t have a mint mark if the dime was produced in Philadelphia. It will bear a “D” or “S” mint mark, respectively, depending on whether it was produced in Denver or San Francisco. It’s vital to keep in mind that the mint mark’s location can change based on the coin’s year and mint.
How much silver is in a 1947 Roosevelt dime?
90% silver and 10% copper make up a 1947 Roosevelt dime, which is the same ratio used by the United States Mint to create dimes from 1837 through 1964. A total of 2.5 grams make up the coin’s weight, of which 2.25 grams are made up of pure silver. As a result, a 1947 Roosevelt dime’s silver value is determined by the silver market price at the time and is subject to daily fluctuations.