Coin collecting is an exciting hobby that many people enjoy. If you’re starting your collection or looking to enhance it, the 1997 Roosevelt Dime is an excellent addition. Not only can it complete your set, but it may also increase your collection’s value. In this guide, we will explore the essential details about the 1997 Roosevelt Dime, including its composition, varieties, potential errors, and value in today’s market.
What is the 1997 Roosevelt Dime Made Of?
The 1997 Roosevelt Dime is made of 75% copper and 25% nickel. This coin is part of the Roosevelt Dime series, which has been in production since 1946. Initially, the dime was composed of silver and copper, but in 1965, the composition changed to the current copper-nickel blend.
On the front of the coin, you will see Franklin Roosevelt’s profile facing left, accompanied by the inscriptions “LIBERTY,” “IN GOD WE TRUST,” “JS,” “D,” and “1997.” The back features three significant symbols: an olive branch, an oak branch, and the Liberty Torch, along with the words “UNITED STATES OF AMERICA,” “E PLURIBUS UNUM,” and “ONE DIME.”
Unlock Hidden Treasure: 7 Genius Hacks & Websites to Find Rare Coins Worth Thousands Instantly!
Varieties of the 1997 Roosevelt Dime
The 1997 Roosevelt Dime comes in three distinct varieties:
- 1997 P Roosevelt Dime (Minted in Philadelphia)
- Mintage: 991,640,000
- Value: Circulated condition: $0.15 to $0.35
- 1997 D Roosevelt Dime (Minted in Denver)
- Mintage: 979,810,000
- Value: Circulated condition: $0.15 to $0.35
- 1997 S Proof Roosevelt Dime (Minted in San Francisco)
- Mintage: 2,055,000
- Value: Uncirculated condition: $11 or more
In total, over 1.9 billion dimes were produced in 1997, marking a decrease from previous years, but the numbers were still significant.
Recognizing Errors in the 1997 Roosevelt Dime
With such a high production rate, it’s no surprise that some coins may have errors. Here are some notable error types found in the 1997 Roosevelt Dime:
- Off-Center Strike Error: This happens when the die and planchet are not aligned correctly. As a result, part of the coin may be missing, creating an off-center strike.
- Broadstrike Error: If the die hits the planchet with excessive force, it can flatten the coin, leading to a broadstrike error. This occurs when the die collar fails to keep the coin in place.
- Clipped Planchet Error: This error occurs when the coin is not cut properly, resulting in a portion of the metal sheet being included in the next cut, causing a missing part of the coin.
Current Value of the 1997 Roosevelt Dime
The face value of the 1997 Roosevelt Dime is ten cents. However, its actual market value can be much higher. The melt value, which reflects the coin’s raw material worth, is about $0.0237, making it low. Yet, in the collector’s market, the 1997 Roosevelt Dime can sell for hundreds or even thousands of dollars, depending on its condition and rarity.
Here’s a brief overview of recent auction records for the 1997 Roosevelt Dime:
| Coin | Condition | Grade | Sold Date | Value |
|---|---|---|---|---|
| 1997 D Roosevelt Dime | Superb Gem Uncirculated | MS 68 (Full Band) | October 21, 2020 | $2,160 |
| 1997 P Roosevelt Dime | Superb Gem Uncirculated | MS 60 (Full Band) | July 7, 2011 | $1,265 |
| 1997 S Proof Roosevelt Dime | Perfect Uncirculated | PR 70 (Deep Cameo) | July 20, 2004 | $374 |
Understanding Coin Grading
To determine the value of a coin like the 1997 Roosevelt Dime, collectors rely on a grading system. This system assesses the coin’s color, luster, preservation level, and strike quality. The grading can significantly impact its value. Here’s a simplified version of the grading scale:
- MS-60: Mint State Basal – uncirculated, but shows contact marks.
- MS-68: Mint State Premium Quality – uncirculated, with superb luster and no visible marks.
- MS-70: Mint State Perfect – under magnification, no imperfections are visible.
Coins can also be graded for specific features, such as the “Full Band” designation, which indicates that the horizontal band on the Liberty Torch is clearly defined. Full Band coins tend to have a higher market value.
Buying or Selling 1997 Roosevelt Dimes
If you’re looking to buy or sell a 1997 Roosevelt Dime, there are several options available. Online platforms like eBay, Amazon, and Etsy offer numerous opportunities to find or sell coins. However, be cautious and deal with reputable sellers to avoid scams.
You can also visit local coin shops to find potential buyers or sellers. This can be a great way to connect with other collectors and gain insights into the coin-collecting community.
8 Mind-Blowing U.S. Mint Error Coins That Could Make You Upto $1.7 Million—You Won’t Believe
FAQs
How much does a 1997 dime weigh?
The 1997 dime weighs 2.27 grams.
What is the value of a 1997 dime today?
The 1997 dime has a face value of 10 cents, but its market value can range from a few cents to thousands of dollars, depending on its condition and rarity.
Conclusion
The 1997 Roosevelt Dime is not just a ten-cent coin; it represents a piece of history that can hold significant value for collectors. Understanding its composition, varieties, potential errors, and market value will help you make informed decisions when buying or selling this coin. Whether you are an experienced collector or a beginner, adding the 1997 Roosevelt Dime to your collection can be both enjoyable and rewarding.