1983-P Roosevelt Dime: The Ultimate Collector’s Guide

The 1983-P Roosevelt Dime is one of the most famous coins among collectors, offering a perfect mix of history, design, and value. Even though many of these coins were produced, certain characteristics make some of them highly sought after. In this guide, we will explore the design, mintage, errors, value, and tips for collectors interested in this special dime.

Design and Specifications

The 1983-P Roosevelt Dime was designed by John R. Sinnock, who created the coin’s intricate features. Let’s break down its key design elements:

Obverse (Front):

• The front side shows a left-facing portrait of President Franklin D. Roosevelt, along with the words “LIBERTY”, “IN GOD WE TRUST”, the year “1983”, and the designer’s initials “JS”.

Reverse (Back):

• The back of the coin features a torch, which symbolizes liberty. The torch is flanked by two branches: an olive branch representing peace and an oak branch representing strength. The words surrounding the design include “UNITED STATES OF AMERICA”, “E PLURIBUS UNUM”, and “ONE DIME”.

Coin Specifications:

• Composition: 75% Copper, 25% Nickel (Clad)
• Weight: 2.27 grams
• Diameter: 17.9 mm
• Edge: Reeded

These simple yet meaningful elements contribute to the coin’s lasting appeal.

Mintage and Scarcity

In 1983, the Philadelphia Mint produced 647,025,000 Roosevelt Dimes. Despite the large number of coins produced, certain types of the 1983-P Roosevelt Dime are rare. For example, sharply struck coins that have Full Bands (FB) or Full Torch (FT) details on the reverse are very hard to find. Coins with these characteristics are particularly valuable to collectors.

Value and Market Trends

The value of the 1983-P Roosevelt Dime varies depending on its condition. Here’s an overview of how the value changes based on different conditions and features:

Circulated Condition:

• These coins are often worth only their face value, which is $1. Dealers may buy these for around face value.

Uncirculated Condition:

• Coins that are in Mint State (MS) are more valuable. For example:
  • MS63: About $5
  • MS65: Around $8
  • MS67 with Full Bands/Full Torch: Up to $1,750

It’s important to remember that market prices can change based on demand and the quality of the coin.

Notable Errors and Varieties

While the 1983-P Roosevelt Dime doesn’t have many famous errors, there are a couple of rare varieties that collectors should watch out for:

Full Bands/Full Torch:

• If the torch’s bands are fully separated and clearly visible, the coin is considered rare and more valuable. These coins are more desirable to collectors due to their superior details.

1983 “No S” Proof Dime:

• Another rare variety is the 1983 “No S” Proof Dime, which was struck at the San Francisco Mint but mistakenly lacks the mintmark (S). This is a very sought-after error by coin collectors.

Collecting Tips for the 1983-P Roosevelt Dime

If you are interested in collecting the 1983-P Roosevelt Dime, keep the following tips in mind:

1. Condition is Key:

• Coins with minimal wear, clear details, and original shine are more valuable than worn-out coins. Always try to find coins in good condition.

2. Seek Full Bands/Full Torch Examples:

• If you come across a Full Bands or Full Torch version, it is likely to be much rarer and more valuable. These are great finds for any collector.

3. Authenticate Rare Varieties:

• If you think you have a rare variety or an error coin, it’s best to consult a professional coin grader. Grading services can verify the coin’s authenticity and provide you with an official grade.

Conclusion

The 1983-P Roosevelt Dime is a great addition to any coin collection. While it might not be as famous as other rare coins, it has unique features that make it valuable. Collectors looking for well-preserved, rare versions of this coin—especially those with Full Bands or Full Torch details—can find some truly exciting treasures. As with all coin collecting, the condition, rarity, and historical significance of the piece determine its value. Keep these factors in mind as you explore the world of Roosevelt dimes.

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