The Roosevelt dime is not known to be a precious collector’s coin, but the 1967 Dime carries a few distinct qualities that many other mint years do not. So what makes this coin special?
Let’s have a look at the 1967 Dime Value and all that contributes to it.
1967 Dime Value Chart
|1967 No Mint Mark Dime Value
|$3 to $5
|$8 to $13
|$15 to $25
|$49 to $81
|1967 Special Mint Set Dime Value
|$5 to $9
|$8 to $13
|$15 to $25
$26 to $44
1967 No Mint Mark Dime Value
Before 1946, the Obverse of the United States dime ($0.10) showed a woman donning a cap with eagle wings attached at its sides – she symbolized liberty. As many confused the image with the Roman god, Mercury, these dimes were often referred to as the “Mercury Dime.”
However, the dime would see a completely new Obverse in 1946 following the death of President Franklin D. Roosevelt. President Roosevelt, who had been diagnosed with Polio more than twenty years earlier and founded an organization focused on improving the health of both mothers and babies in hopes of preventing infantile paralysis. Originally called the Foundation for Infantile Paralysis, the organization would soon be named the “March for Dimes.”
President Roosevelt would be one of eight presidents throughout U.S. history who died in office after succumbing to a cerebral hemorrhage. As the U.S. Mint was able to change the obverse of the dime without congressional approval, officials moved with great speed to produce dimes in tribute to the departed president.
The obverse was designed by then Chief Engraver of the United States Mint, John R. Sinnock, and the Roosevelt dime went into circulation on January 30th, 1946. Although the Reverse f the Roosevelt Dime has changed over the years, the coin’s Obverse has largely remained the same. Slight changes were made to Roosevelt’s hair, and the mint mark was moved from reverse to obverse in the 1960s. All in all, the Roosevelt dime has remained remarkably unchanged since 1945.
The Denver, Philadelphia, and San Francisco Mints produced Roosevelt dimes during this time, but the striking of this dime fell solely on the Philadelphia mint in 1967. This decision was made as part of a plan to lift the United States of America out of a coin shortage that they were experiencing at that time.
The 1967 Dime was produced 2,244,007,000 times by the Philadelphia Mint and released into circulation. This mass dime production marked the first time in U.S. Mint history that a single minting facility produced over two billion of the Roosevelt dimes.
The obverse of the 1967 Dime depicts a profile bust of President Roosevelt facing left. On the left of the obverse, curved along the upper edges of the coin, is the word “Liberty.” Under Roosevelt’s chin, you will see “In God, We Trust,” and the mint year is displayed just below the neck of the bust. At the bust’s center-angled base are the artist’s initials, John R Sinnock.
The 1967 Dime features a torch, a symbol of peace. At the left of the torch is an olive branch, a symbol of peace, and to the right is an oak branch, a symbol of strength and independence. Placed above these features and following the curvature of the coin, are the words “United States of America” and, on the bottom, the specification, “one dime.” Between the branches and torches, you will see the U.S. motto, “E Pluribus Unum” (Latin for “Out of many, one”).
The 1967 Dime is 17.90 MM in Diameter with an approximate weight of 2.27 grams. The coin is made of copper (75%) and coated with nickel (25%) for its finish. The dime does not have a mint mark on its obverse or reverse. All 4+ billion Dimes were struck at the Philadelphia Mint that year.
The 1967 Dime gains some of its value by being struck by only the Philadelphia mint of that year. The decision to have the coins made by one minting facility was made as a part of a larger plan to rectify the country’s coin shortage at that time.
This Dime is worth $3 in good to great condition and up to $65 for an uncirculated coin. Special Mint sets can sell for up to $350.
There seems to be confusion for many novice coin collectors, as they believe the 1967 coin to be made of silver rather than its copper/nickel composite.
The 1967 Dime was included in a special mint set that included the half-dollar, quarter, dime, nickel, and penny. This dime was part of an initiative made by the U.S. treasury to raise the number of coins in circulation as the country was facing a coin shortage at that time.
The United States was experiencing a coin shortage in the mid-1960s, with speculation that this was in part due to coin hoarders. In addition to changing the dime planchet from the more expensive silver to cheaper copper and nickel, the U.S. Treasury chose to produce nickels with no mint mark. The combination of lower priced planchet plus no mint mark would deem the 1967 nickel less attractive, and there would be less hoarding of the coin in consequence.
The Philadelphia Mint was chosen to produce all dimes for the year and struck over 2.244 billion of them. That was the highest number of dimes ever struck by any one-mint facility at that time.
Today, a circulated 1967 Dime is worth only $3 for an MS-66 and $12 for an MS-67. A 1967 Dime in near-perfect condition (MS-68) is generally worth up to $250. When in worn condition, the dime is worth face value at worst and $0.15 at best.
Although the 1967 Dime is not the most valuable coin a collector may be safeguarding, it is a fascinating piece of U.S. history to hold on to. In addition to being produced during a moment when the U.S. was experiencing a coin shortage, many other historical moments were making their way into the book for the year 1967. During that year, the U.S. was still present in the Vietnam war, the first Boeing 737 took flight, and Christiaan Barnard carried out the world’s first heart transplant surgery.
1967 Special Mint Set Value
In addition to the unmarked dimes, the Philadelphia Mint also released a special mint set instead of proof coins in 1967.
This decision was made due to the coin shortage and to help cut costs. Proof coins are known to have a more clear, glossy, and high-definition finish over regularly minted/circulated coins. These coins typically cost more money to produce, so to give a larger budget to coin production, the U.S. Treasury chose to create a special Mint set for the year. The mint set included the U.S. half-dollar, quarter, nickel, dime, and penny. Over 1,863,344 of these special mint sets were minted and sold at the price of $4 a set.
The following year in 1968, the United States Mint would then go on to continue minting proof sets as they once were – higher quality mints for collectors.
The mint set included the U.S. half-dollar, quarter, nickel, dime, and penny. Over 1,863,344 of these special mint sets were minted and sold at the price of $4 a set.
Unfortunately, most of these mint sets did not grow much in value over the years, with many of them sitting at a value of $5.40. However, there have been some exceptions to this, especially in terms of the grade of these collectible coins. Some sets have sold for up to $1,500 at auction.
1967 Dime Grading
A coin’s value is dependent on a variety of factors but is largely affected by the grade of the coin. For the 1967 Dime, the grade can make a difference in value from $0.10 to $1200.
Curious to know what condition your 1967 coin will be graded as? Learn more from the video below.
Rare 1967 Dime Errors
Coin errors are rare finds and can, at times, greatly increase the value of coins. In the case of the dimes struck at the Philadelphia mint in 1967, there were quite a few errors that found their way into circulation.
1967 Dime with Clipped Planchet Error
One error that may be found from the 1967 Dime production is a clipped planchet. A clipped planchet occurs when the planchet is fully fed in the striking hub, clipping a small portion of the coin. 1967 Dimes with clipped planchets can be worth up to $40.
1967 Dime Off-Center Strike Error
An off-center strike occurs when the planchets are not properly aligned during the striking process. This is an error commonly found on the Lincoln Penny. The value of an off-center 1967 Dime error depends greatly on the condition of the coin as well as the content that made it onto the coin. If the coin is missing its date, you can be sure that it holds little value. An off-center error can bring the value of a 1967 Dime to around $30.
1967 Dime Missing Clad Layer Error
Some 1967 Dimes made it into circulation without their nickel coating. The result? A 1967 Dime struck on pure copper. A treat to discover, these coins are valued from $60 to $150. In fact, in 2020, a 1967 Dime with missing obverse clad sold at auction for $150. Missing clad layers are the most common errors for the 1967 Dime.
1967 Dime FAQs
How much is a 1967 P Dime worth?
The worth of a 1967 Dime greatly depends on the grade of the dime as well as if the dime has any errors. A low-graded 1967 dime is worth face value, while dimes of grades of MS-67 and up can be worth anywhere from $0.15-$1,200.
Is the 1967 dime made out of silver?
No, the 1967 dime is made out of 75% copper and 25% nickel. Before 1965, all dimes were struck on silver, but due to its rising cost, the U.S. Treasury decided to use less expensive metals for the ten-cent coins.
What’s special about the 1967 dime?
The 1967 dime is special as all 4+ billion coins struck that year were all done at the Philadelphia mint. As the U.S. was facing a coin shortage during this time, the decision was made to make all coins from one location with no added mint mark as a way to dissuade coin collectors from hoarding them.
What is the error on 1967 Dimes?
Several 1967 Dime errors made their way into circulation. Some of these errors include clipped planchets, dye errors, and missing clads. The most common of these was the missing clad layer, where some 1967 dimes were missing the out nickel layer on the obverse, and the coin was stuck on its copper core.
Is a 1967 Special Mint Dime worth anything?
The dimes from the 1967 Special Mint set do not carry much value on their own but rather with the rest of the coin included in the set. Originally sold for $4, one of the 1967 Special Mint sets can sell anywhere from $20 to $1,500 depending on the condition of the set in its entirety (original packaging included).