If you are just beginning and are relatively short of funds you may wish to consider very common, high-mintage silver dimes to start with. Nothing fits this description better than the 1964 Roosevelt Dime. This was the last year US dimes were made of silver, and the mints went out with a bang, producing lots of them. You can easily acquire uncirculated (UNC) or almost uncirculated (AU) 1964 dimes for a very small outlay of cash. This is the ideal coin for the beginning silver coin collector.
1964 Roosevelt Dime Mintage
The 90% silver Roosevelt dime was minted from 1946 to 1964. There are no very low mintage dates, so a complete collection of all dates and mint marks is achievable by many collectors. The 1964 version was minted by the Philadelphia and Denver mints. The mintages, which were the highest produced in any year for the Roosevelt dime, are as follows:
1964 Roosevelt Dime: 929,360,000
1964-D Roosevelt Dime: 1,357,517,180
Why Collect Them?
If these were produced in such abundance, then why collect them? Aren’t they just junk silver coins? Remember, these coins are made from 90% silver. This is a very easy and low-cost way to invest in silver. The silver value of these coins will always remain and may well go up in time, as silver prices go up. Additionally, you can consider acquiring rolls (50 dimes) of the 1964 or 1964-D dimes at a very reasonable cost. For a modest outlay you can have a nice starting investment.
Where to Buy Them
You can easily make your purchases online. The very best prices are likely to be found on Amazon and at eBay. Also, if you buy through a precious metal dealer such as Golden Eagle Coins, be sure to buy the 90% silver coin lots, they are almost certain to have a 1964 Roosevelt dime or two.
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