The melt value of a U.S. silver dime is found by multiplying its actual silver weight (0.07234 troy ounce) by the current silver price.

Some silver dimes may be worth much more. It depends on the rarity and condition of the coin. You can also use our gold and silver melt value calculator in order to determine how much the silver content in your coin is worth.

The United States Mint has not struck 90% silver dimes for circulation since 1964. All of the circulated ones you find in pocket change made since then are clad dimes. Those are only worth their face value. If you're unsure if your dime is silver, check out this helpful guide.

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How To Identify a Rare Silver Dime

Identifying a few important features will tell you if your dime is rare or not.

1944 mercury dime

1944 Mercury silver dime. The design is also known as the Winged Liberty Head.

The key things to look for first are the coin's design and the date. Designs from series that are no longer produced, such as the Barber dime and Mercury dime (above), are rather collectible. So if the image on a dime looks unfamiliar, that's an obvious sign it will be more valuable.

Checking the date is also an easy test. All dimes minted in 1964 or earlier are 90% pure silver. This includes silver Roosevelt dimes from 1946 to 1964. That's a great starting point.

Generally speaking, the older the date, the higher the value. There are many exceptions, however. The exceptions to this rule usually depend upon scarce mintage totals for a given year-date.

Check the Mintmark

The same general rule applies to mintmarks. A mint mark is a small letter on the coin that tells you where it was minted. (As an example, the "S" mintmark stands for the San Francisco Mint. Coins with no mintmark were all produced at the Philadelphia Mint.)

Most of the time, dimes with mintmarks will be worth more than those without one. The branch mints tended to produce less coins each year than Philadelphia. Again, there are exceptions.

You will also want to note anything unusual or out of place on the coin. This could indicate that a dime is an error variety. How does one recognize an error coin, though? You can consult detailed photographs by searching the year and mintmark combination of your dime online. Some errors can only be seen under magnification, so buying a magnifying glass or jeweler's loupe is a good idea.

The infographic below provides some additional details about Roosevelt silver dime errors.

Roosevelt dimes infographic

Buying Silver Dimes

Be sure to have a plan when you're ready to buy silver dimes. Are you buying them purely for the bullion, or as part of a collection? Maybe you want to pursue a mixed strategy of a little bit of both. There's nothing wrong with any of these options.

Each strategy mentioned above follows a different path. If you're buying dimes strictly as bullion, look for 90% silver dimes with the lowest premium possible. Your investment is based only on the total weight of the silver coins.

If you're collecting dimes, it's usually best to find the highest grade (i.e. best condition, like mint state) coins you can afford. A reputable coin dealer can help you with all of these goals.


More dime value articles from Gainesville Coins:

Most Valuable Dimes: Comprehensive List for Collectors

What Dimes Are Worth Money?

Key Date Roosevelt Dimes Values & Collecting Tips

Mercury Dime Values & History

Key Date Barber Silver Dimes: Price Guide

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Everett Millman

Everett Millman

Managing Editor | Analyst, Commodities and Finance

Everett has been the head content writer and market analyst at Gainesville Coins since 2013. He has a background in History and is deeply interested in how gold and silver have historically fit into the financial system.

In addition to blogging, Everett's work has been featured in Reuters, CNN Business, Bloomberg Radio, TD Ameritrade Network, CoinWeek, and has been referenced by the Washington Post.