Money
The 1983-P Roosevelt Dime- A Must-Have Guide for Collectors
The 1983-P Roosevelt Dime stands out as a noteworthy piece in the Roosevelt Dime series, primarily due to its unique production circumstances and the challenges collectors face in obtaining high-quality specimens.
Understanding the 1983-P Roosevelt Dime
The Roosevelt Dime, introduced in 1946, features President Franklin D. Roosevelt on the obverse and a torch flanked by olive and oak branches on the reverse. The 1983-P variant was minted at the Philadelphia Mint, denoted by the “P” mintmark.
This coin is composed of 75% copper and 25% nickel, with a weight of 2.27 grams and a diameter of 17.90 millimeters. The edge is reeded, and the coin was designed by John R. Sinnock.
Historical Context
In the early 1980s, the U.S. Mint faced challenges with coin production, leading to the decision to forgo annual Uncirculated coin sets in both 1982 and 1983.
This decision left collectors without a convenient source for pristine examples of these years’ coins, making high-quality specimens of the 1983-P Roosevelt Dime particularly scarce.
Design Features
- Obverse: Features a left-facing profile of President Franklin D. Roosevelt, with the inscriptions “LIBERTY,” “IN GOD WE TRUST,” and the year “1983.”
- Reverse: Depicts a flaming torch flanked by olive and oak branches, with the inscriptions “UNITED STATES OF AMERICA,” “ONE DIME,” and “E PLURIBUS UNUM.”
Rarity and Value
Despite a high mintage of 647,025,000 coins, the 1983-P Roosevelt Dime is considered scarce in high grades due to production challenges and the absence of Uncirculated sets.
Circulated examples typically hold face value, while Mint State coins can start around $6. Coins with the “Full Torch” designation, indicating well-defined details on the reverse, are particularly rare and can command higher prices.
Key Specifications
Aspect | Details |
---|---|
Year | 1983 |
Mint | Philadelphia (P) |
Mintage | 647,025,000 |
Composition | 75% Copper, 25% Nickel |
Weight | 2.27 grams |
Diameter | 17.90 millimeters |
Edge | Reeded |
Designer | John R. Sinnock |
Collecting Tips
- Look for Strong Strikes: Pay attention to the torch detail on the reverse. Full Torch coins are rare but highly desirable.
- Buy Certified Coins: Grading services like PCGS or NGC provide assurance of a coin’s condition and authenticity, which is crucial for higher-value coins.
- Check Auction Sites: Online auctions often feature graded examples, giving you a chance to acquire high-quality dimes.
- Store Properly: Use coin holders or airtight containers to protect your coins from damage and oxidation.
In conclusion, the 1983-P Roosevelt Dime is more than just a common coin—it’s a hidden gem for collectors. Its historical background, combined with the challenge of finding high-grade examples, makes it a rewarding addition to any collection.
Whether you’re drawn to its design, its rarity, or its value, this dime is a testament to the artistry and history of American coinage.
FAQs
Why is the 1983-P Roosevelt Dime special?
Its lack of inclusion in Uncirculated sets and its rarity in high grades make it a unique and sought-after coin for collectors.
What is the Full Torch designation?
It refers to a high-quality strike where the torch on the reverse shows full detail, with clear separation of lines and bands.
How much is a 1983-P Roosevelt Dime worth?
Circulated examples are typically worth up to $1, while high-grade Full Torch examples can fetch hundreds or even thousands of dollars.
-
Government Aid1 week ago
February SSDI Payments: Only This Group Will Receive the First Checks of Next Month
-
Finance2 days ago
Rare Bicentennial Quarter Worth $15 Million
-
Finance5 days ago
The Lincoln Wheat Penny Worth $5 Million- Still Circulating Today
-
Finance2 days ago
Rare Coins: The 1964 D Lincoln Penny Errors You Should Know About
-
Government Aid2 days ago
Social Security Announces 2025 Check Increase, But a 23% Reduction is Expected Soon
-
Finance2 days ago
1970-D Kennedy Half Dollar- A Rare Coin Worth Over $150,000 Still in Circulation!
-
Government Aid5 days ago
The Complete February SSDI Payment Schedule: Discover When You’ll Receive Your Disability Benefits
-
Government Aid1 week ago
Confirmed: What You Need to Know to Collect $1,900 in Social Security by January 31