1964 Roosevelt Dime: Low-cost Silver Investment

By | February 14, 2015

 

1964 Roosevelt Dime

1964 Roosevelt Dime

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

1964 Dime

1964 Dime

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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8 thoughts on “1964 Roosevelt Dime: Low-cost Silver Investment

  1. Sonia

    Hi Mike,

    Nowadays, are the mints still using silver for making their coins? If so, what is the percentage of silver that is used?

    How can you make sure when you’re buying coins online , that you get what you pay for? For instance, a dime with 90% silver? How can you verify the authencity of the dimes you’re planning to buy to avoid being scam?

    Thanks

    Sonia

    Reply
    1. Mike Post author

      Hello Sonia,
      Thanks for visiting. Since 1965, the US mints are not producing coins for general business circulation with any silver at all. As mentioned in the article, 1964 was the last year for 90% silver dimes. When purchasing silver dimes for your collection or as an investment, make sure you do so through a reputable dealer. You’ll do just fine with Golden Eagle Coins.

      Reply
  2. Riaz Shah

    Hey Mike,
    Cool info, I’ve always known about gold investment but I always forgot silver is just as good. I’ve never tried buying in bulk as the price is too high so the Roosevelt Dime is actually a great way for those tight in budget to start and take advantage of this opportunity. Definitely gonna start collecting some coins!

    Reply
    1. Mike Post author

      Riaz,

      Thank you for your comments. When you begin your purchases please take advantage of our affiliates on this site.

      Reply
  3. Tom

    Interesting article. Never thought about investing in this sense. So what you’re saying is instead of looking at the investment in terms of the coin, look at it in terms of the silver contained within the coin so more of a commodities investment? Sounds like an inexpensive way to begin and learn the coin investment process too.

    Reply
    1. Mike Post author

      Hi Tom, Thanks for the comment. Indeed, that is what I am suggesting here. Silver is a precious metal. You can begin to accumulate silver by buying 1964 or older silver dimes. This is a sensible and quite affordable way to start.

      Reply
  4. ALICIA UBENCE

    Hi!!!! I have a1964 Roosevelt dime NO P OR NO MINT MARK I WANNA KNOW THE VALUE . THANK YOU…..

    Reply
    1. Mike Post author

      Hello Alicia,
      Your coin is made of 90% silver. As of today, October 7, 2016, silver is values at $17.34/OZ. Your coins, with a face value of ten cents, is worth $1.25, over ten times face value!

      Reply

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