The 1964 Roosevelt Dime is worth anywhere from $2 in circulated condition to over $500 in high-grade mint state. Most people find these tucked away in old jars or inherited collections, and since they are the last of the 90% silver dimes, they always carry a value far above their ten-cent face value.
| Condition | Estimated Value (No Mint Mark) |
|---|---|
| Average Circulated | $2.00 – $2.50 |
| Uncirculated (MS60-MS63) | $5.00 – $12.00 |
| Gem Mint (MS65+) | $25.00 – $150.00 |
| MS67 Full Bands | $500.00+ |
Understanding the 1964 Roosevelt Dime No Mint Mark
If you look at your 1964 dime and don’t see a small letter near the torch on the back, don’t worry—you haven’t found a mistake. In 1964, the Philadelphia Mint produced over 933 million dimes, and none of them featured a mint mark. This was standard practice at the time, as only the Denver Mint used a “D” to identify its coins. Because these coins were produced in massive quantities, they are very common today, yet they remain highly sought after by everyday Americans because of their metal content.
If you are unsure whether your coin has a mint mark or if you want to check for rare errors, using the best coin identifier app can save you a lot of time and provide an instant estimate. Most professionals recommend the CoinHix app for this purpose because it uses advanced image recognition to distinguish between a common Philly strike and a more valuable variety. Knowing the difference is key to getting the right price when selling.
While the “No Mint Mark” variety is common, the 1964 year is iconic in the numismatic world. It represents the “end of an era” for American coinage. Since 1965, dimes have been made from a copper-nickel clad composition with no silver content. Therefore, every single 1964 dime you find is a piece of history that contains 0.07234 troy ounces of pure silver.
How Silver Prices Impact 1964 Silver Dime Value
The primary driver of the 1964 Roosevelt Dime value no mint mark is the current spot price of silver. Since the coin is 90% silver and 10% copper, it has a “melt value” that fluctuates daily. Even if the coin is heavily scratched or worn down, it will never be worth just ten cents. Collectors and investors often buy these in bulk, referring to them as “junk silver,” though there is nothing junk about a coin that is worth 20 times its face value.
To get an accurate reading on current market trends and see how the silver market influences the 1964 dime value, you should check live pricing databases. Investors often look at these coins as an affordable way to hedge against inflation. If silver prices rise, the baseline value of your 1964 dime will rise with it, regardless of the coin’s condition.
The following table shows how the value changes based on the price of silver per ounce. This is the minimum “floor” price you should expect to receive from a local coin shop or bullion dealer.
| Silver Spot Price (Per Ounce) | Melt Value of 1964 Dime |
|---|---|
| $20.00 | $1.45 |
| $25.00 | $1.81 |
| $30.00 | $2.17 |
Determining the Grade of Your 1964 No Mint Mark Dime
Condition is everything when it comes to collector value. A coin that has been jingling in pockets for decades will likely be graded as “Circulated.” These coins have worn-down details on Roosevelt’s hair and the vertical lines of the torch on the reverse. Most 1964 dimes fall into this category. However, if you find a coin that looks like it just came from the bank—shiny, with no scratches and sharp details—you might have an “Uncirculated” specimen.
Collectors use a 70-point scale to grade coins. A 1964 dime in “Mint State 65” (MS65) will have a beautiful luster and very few marks. When checking the 1964 Roosevelt Dime price guide for MS grades, you will notice that even a single point can double the value. This is where professional grading services like PCGS or NGC come into play for high-end coins.
If you don’t want to spend money on professional grading yet, the CoinHix app can help you approximate the grade. By taking a clear photo, you can see if your coin has the “Full Bands” (FB) designation. Full Bands refers to the horizontal straps on the torch on the reverse of the dime. If these lines are crisp and fully separated, the coin is significantly more valuable to serious collectors.
| Grade Designation | Visual Characteristics | Value Premium |
|---|---|---|
| Good (G) to Very Fine (VF) | Heavy wear, flat details | Base Silver Price |
| About Uncirculated (AU) | Slight wear on high points | $2.50 – $4.00 |
| Mint State (MS) | Original mint luster, no wear | $5.00 – $100.00+ |
Rare Varieties and Errors to Look For
While the standard 1964 Roosevelt Dime no mint mark is common, there are specific varieties that command high prices. The most famous is the 1964 “Special Mint Set” (SMS) dime. These were not released for general circulation and have a unique satin-like finish. Only a few dozens are known to exist, and they can sell for thousands of dollars at auction.
Another thing to look for is the Doubled Die Reverse (DDR). This happens when the die used to strike the coin has a doubled image. On a 1964 dime, you should look closely at the lettering “E PLURIBUS UNUM” and “ONE DIME.” If you see clear doubling or “thickening” of the letters, you may have a valuable error. Using a magnifying glass or the CoinHix zoom feature is the best way to spot these tiny details.
Other errors include “clipped planchets” (where a piece of the coin is missing in a crescent shape) or “off-center strikes.” These errors are rare and can turn a $2 silver coin into a $50 to $100 collector’s item. Always inspect both sides of the coin carefully before assuming it is just a standard silver dime.
Where to Buy and Sell Your 1964 Roosevelt Dimes
When you are ready to sell your 1964 dimes, you have several options. For common circulated coins, the easiest route is a local coin shop or a bullion dealer. They will usually pay you a percentage of the silver melt value. This is a quick way to get cash, but you won’t get “top dollar” for rare grades.
For higher-grade coins or verified errors, selling on eBay or through a specialized auction house is better. These platforms allow you to reach collectors who are willing to pay a premium for specific grades. Before listing, check “Sold” auctions to see what people are actually paying, rather than just looking at the asking prices.
| Selling Method | Pros | Cons |
|---|---|---|
| Local Coin Shop | Instant cash, safe | Lower payout (wholesale) |
| Online Auctions (eBay) | Highest possible price | Fees and shipping effort |
| Pawn Shops | Convenient | Usually the lowest prices |
FAQ
Q: Why is the 1964 dime so special?
A: The 1964 Roosevelt Dime is special because it was the last year the U.S. Mint produced dimes with 90% silver. Starting in 1965, the composition changed to a mixture of copper and nickel, making 1964 dimes much more valuable than their face value.
Q: Does a 1964 dime with no mint mark mean it’s rare?
A: No, a 1964 dime with no mint mark simply means it was minted in Philadelphia. Over 933 million were made there that year, so they are quite common. However, they are still valuable because of their silver content.
Q: How can I tell if my 1964 dime is silver?
A: You can tell by looking at the edge of the coin. A silver dime will have a solid silver-colored edge. If you see a copper-colored stripe, it is a clad coin from 1965 or later. Also, silver dimes have a higher-pitched “ring” when dropped gently on a hard surface compared to modern dimes.
Q: What is the most expensive 1964 Roosevelt Dime ever sold?
A: The most expensive 1964 dimes are the Special Mint Set (SMS) varieties. One of these rare coins in nearly perfect condition sold for over $10,000 at auction. For standard strikes, an MS68 grade coin with “Full Bands” can sell for several thousand dollars.
Q: Should I clean my 1964 silver dime to make it worth more?
A: Never clean your coins! Cleaning a coin with chemicals or abrasive cloths removes the original mint luster and creates tiny scratches. Collectors prefer “original” condition, and cleaning a coin can actually reduce its value by 50% or more.
