While the Roosevelt Dimes don’t get a lot of attention in the hobby, the 1958 Roosevelt Dime contains actual silver. On its metallic composition alone, the 1958 Dime should be worth a decent amount, right?
And that’s exactly what we’re trying to establish: the value of the 1958 Roosevelt Dime. Besides quoting figures from our extensive market research, we’ll also discuss the rich history of this old coin and its features.
But first, the coin’s value at a glance. Here’s a summary of the value of the common varieties of the 1958 Dime.
| Coin Condition | Estimated Value | ||
| 1958-P Dime | 1958-D Dime | 1958-P Proof Dime | |
| Circulated
(G4 – XF40) |
$2.10 | $2.10 | – |
| About Uncirculated (AU50 – AU58+) | $2.10 – $2.60 | $2.10 – $2.60 | – |
| Uncirculated
(MS60 – MS64+) |
$3.50 – $30 | $3.50 – $20 | $4.50 – $60 |
| Brilliant Uncirculated (MS65 or higher) | $15 – $850 | $15 – $1,300 | $11 – $2,250 |
1958 Dime: Historical Background
You need to understand that 1958 was a different time in our nation’s history. The Eisenhower Recession was just gaining momentum, and the pinch was felt worldwide. In response to the economic crisis, the U.S. Mint cut down the production of Roosevelt Dimes in its Philadelphia facility.
When the public got wind of this low mintage, they viciously hoarded the coin. Dimes from the Denver facility were not spared either.
Hoarding doesn’t drive up the value of a coin. If anything, it has the opposite effect. Since many people pulled these coins out of circulation in 1958, these Roosevelt Dimes are plentiful in mint condition up to MS67. This availability has really stunted the growth in value of the 1958 Roosevelt Dime.
Examples showing “Full Bands” or “Full Torches” are plentiful, and having one doesn’t necessarily guarantee a big payday. Due to the sins of our forefathers, you need a special gem to earn the big bucks, one with a grade higher than MS67.
1958 Dime: Physical Features
The 1958 Dime is a silver-colored coin, just like any other dime. What sets this coin apart from other Roosevelt Dimes is that it contains actual silver.
As suggested by its date, the 1958 Dime came before the Coinage Act of 1965. If you’re not familiar, it was this Act of Congress that transitioned U.S. coinage from the silver era to the copper-nickel clads we use today.
The 1958 Roosevelt Dime contains 90% silver, with the balance filled with copper. They weigh 2.5 grams with a diameter of 17.9 mm.
Obverse Design and Features
As a Roosevelt Dime, the 1958 10-cent coin shares in the design of the coin series. The obverse features a design that was imagined and executed by John R. Sinnock.
His design for the obverse featured the following articles:
- The left-facing profile of President Franklin Delano Roosevelt
- The legend “LIBERTY”
- The inscription “IN GOD WE TRUST”
- The year “1958”
- His initials “JS”
Reverse Design and Features
The reverse of the 1958 Roosevelt Dime was also a John Sinnock design, and he filled it with symbolism. At the center of the coin are three symbols: an olive sprig on the left, a torch in the center, and an oak branch on the right.
The Olive sprig represents peace, while the oak branch symbolizes strength and independence. The blazing torch is a symbol of liberty.
The other characters used on the reverse include:
- The country “UNITED STATES OF AMERICA”
- The denomination “ONE DIME”
- The inscription “E PLURIBUS UNUM”
- The mint mark “D” or none
1958-P Dime Value
- U.S. Mint: Philadelphia
- Mintage: 31,910,000
- Mint Mark: None
The U.S. Mint has always had problems striking the Roosevelt Dimes. Until 2019, the challenge has been striking the torch with Full Bands. A majority of the 1958 Dimes they struck in Philadelphia left the mint with fuzzy bands. Because these coins are so common, we call them the “Regular Strikes.”
The well-struck 1958 Dimes showing full horizontal bands are known as the “Full Bands” sub-variety. They are always in mint condition and command higher prices.
Because the 1958-P Dime was heavily hoarded, both sub-varieties are fairly common up to the MS68 condition. In circulated condition, Regular-Struck 1958-P Dimes are worth between $2.10 in Good condition and $2.60 in AU58 state. Due to their inferior eye appeal and the fact that they are easy to come by, there’s not much demand for these coins.
Any collector interested in the 1958-P Dime will want it in mint condition. And at this state, we have two varieties, the Regular Strikes and the Full Bands.
Uncirculated Regular strikes are worth between $3.50 in MS60 condition and $250 in MS68 status. The Full Bands are available from MS64 to MS67. And in these conditions, they are worth $30 and $850 respectively.
| Coin Condition | Estimated Value | |
| Regular Strikes | Full Bands | |
| Good (G4) | $2.10 | – |
| Very Good (VG8) | $2.10 | – |
| Fine (F12) | $2.10 | – |
| Very Fine (VF20) | $2.10 | – |
| Extremely Fine (XF40) | $2.10 | – |
| About Uncirculated (AU50) | $2.10 | – |
| About Uncirculated (AU58) | $2.60 | – |
| Uncirculated (MS60) | $3.50 | – |
| Uncirculated (MS64) | $10 | $30 |
| Brilliant Uncirculated (MS65) | $15 | $50 |
| Brilliant Uncirculated (MS67) | $45 | $850 |
| Brilliant Uncirculated (MS68) | $250 | – |
On the open market, things play a little differently. Some coins have surpassed their estimated values. Other dimes have gone on to auction shutter records.
A prime example is a 1958-P Dime sold on Heritage Auctions in May 2022. This 1958-P Dime is graded MS67+FB and shows full bands. Remember, MS67 is the highest grade ever granted to a 1958-P Dime with full bands. Based on price trends and our research, we value such coins at $850. This MS67+ FB Dime sold for a record-shattering $3,120.
A 1958-P Dime that came closest to this sale price was sold in 2014 on Heritage Auctions. The coin had a grade of MS67* and showed full bands. This gem sold for $2,585.
1958-D Dime Value
- U.S. Mint: Denver
- Mintage: 136,564,600
- Mint Mark: D
The Denver Mint also struggled to strike coins with full bands. The regular strikes are the most common 1958-D Dime variety, and they are available in all conditions. Circulated examples can be easily retrieved from bank-issued coin rolls and are worth between $2.10 and $2.60. These coins will be worn and won’t be showing full horizontal bands on the Liberty torch.
Uncirculated 1958-D Dimes are available in two varieties: the regular strikes and those showing full bands. In this condition, the regular strikes are available from MS60 to MS68. The MS65, MS66, and MS67 will be the most common examples; they are valued at $15, $25, and $40, respectively. MS68 examples are quite rare, and we value them at $550.
The full bands are available from MS64 up to the MS68 condition. These gems can be as cheap as $20 in MS64 condition or as expensive as $1,300 in MS68 condition. The common grades in this variety are MS64, MS65, and MS66. In these conditions, 1958-D Dimes with Full Bands are worth $20, $25, and $30, respectively. These dimes may not so cheap, but then again, they are not so expensive.
| Coin Condition | Estimated Value | |
| Regular Strikes | Full Bands | |
| Good (G4) | $2.10 | – |
| Very Good (VG8) | $2.10 | – |
| Fine (F12) | $2.10 | – |
| Very Fine (VF20) | $2.10 | – |
| Extremely Fine (XF40) | $2.10 | – |
| About Uncirculated (AU50) | $2.10 | – |
| About Uncirculated (AU58) | $2.60 | – |
| Uncirculated (MS60) | $3.50 | – |
| Brilliant Uncirculated (MS64) | $10 | $20 |
| Brilliant Uncirculated (MS65) | $25 | $25 |
| Brilliant Uncirculated (MS68) | $550 | $1,300 |
The value of 1958-D Dimes peaked in the late 2000s. Not so long after, in 2011, a 1958-D Dime sold in Baltimore for $4,025. The coin was graded MS68FB and showed full bands. The patina on both faces is flaking off, giving the coin an interesting appearance.
1958-P Proof Dime Value
- U.S. Mint: Philadelphia
- Mintage: 875,652
- Mint Mark: None
The Philadelphia Mint also struck a bunch of proof coins. Proofs are coins that have been struck with highly polished dies. The fine grooves of these dies yield coins with a mirror-like field and a frosted relief. The contrast between the field and the relief is what we call “Cameo.”
1958-P Proof coins exist in various states of cameo: Proof, Cameo, and Deep Cameo. The Proof varieties have the least amount of contrast and are available between PR60 and PR69. Thanks to extensive hoarding, there are thousands of these coins in the hands of collectors. Despite those numbers, they are still worth decent money.
In MS60 condition, a 1958-P Proof Dime is worth $4.50. In PR69, the proof coin is worth $175.
Cameo 1958-P Proof Dimes are worth a little bit more, and they are available in conditions ranging from PR63 to PR69. In the PR63 state, Cameo 1958-P Proof Dimes are worth $8.25. On the higher side of the scale, a Cameo 1958-P Proof Dime is worth $275 in the PR69 state.
Deep Cameo 1958-P Proof Dimes are the most valuable variety, with values that range between $35 and $2,250. Like their Cameo equivalents, Deep Cameo 1958-P Proof Dimes are available from PR63 to PR69.
| Coin Condition | Estimated Value | ||
| Proof | Cameo | Deep Cameo | |
| Uncirculated (PR60) | $4.50 | – | – |
| Uncirculated (PR61) | $4.60 | – | – |
| Uncirculated (PR62) | $5 | – | – |
| Uncirculated (PR63) | $5.50 | $8.25 | $35 |
| Uncirculated (PR64) | $8.25 | $11 | $50 |
| Uncirculated (PR65) | $11 | $18 | $75 |
| Uncirculated (PR66) | $18 | $30 | $100 |
| Uncirculated (PR67) | $25 | $50 | $225 |
| Uncirculated (PR68) | $45 | $100 | $875 |
| Uncirculated (PR69) | $175 | $275 | $2,250 |
Since there’s not a lot of demand for Roosevelt Dimes, it’s hard for 1958 Dimes to realize their valuation in auction. One coin that did the unexpected was sold in 2013 for $2,585. The coin was flawless in Deep Cameo with a grade of PR69DCAM.
Other notable sales include:
| Variety | Grade | Sales Price | Auction Firm |
| Deep Cameo | PR69DCAM | $1,725 | Heritage Auctions |
| Deep Cameo | PR68DCAM | $1,208 | Heritage Auctions |
| Deep Cameo | PR68DCAM | $1,150 | Heritage Auctions |
| Deep Cameo | PR69DCAM | $1,057.50 | Heritage Auctions |
1958 Dime: Common Error Coins
The 1958 Dime has all sorts of error coins in its roster. Below are just a few of the common ones:
1958 Dime D over D Repunched Mint Marks (RPM)
Repunching the mint mark of a coin is a quick remedy to weakly struck mint marks. This challenge was unique to the Denver Mint as it was the only facility punching actual mint marks. And because mint workers were punching a “D” mint mark over another “D” mint mark, the yielded coins were called 1958 D over D Dimes or simply 1958-D/D Dimes.
Coins with this error will be showing doubling around the edges of the D mint mark. The value of a 1958-D/D Dime will depend on its condition and grade. An uncirculated example is currently selling on eBay for $23.99.
1958 Dime Double Dates
Unfortunately, the mint mark was not the only area affected by doubling. A few 1958 Dimes left the mint with Double Dates. Such coins will exhibit some doubling around the 1958 date. The value of a coin with a double date will depend on the coin’s condition.
I found a mint condition 1958 Dime with a double date for sale on eBay. This gem also has doubling around the motto “IN GOD WE TRUST.” The seller is willing to transfer ownership for $19.99.
1958 Dime Off-Center Errors
Off-center errors are quite common among the Roosevelt Dimes. They occur when the planchet and die are out of alignment. This error varies in severity from mild to very severe.
In 2022, a 1958 Dime with a similar error sold on Heritage Auctions for $240. The coin was graded MS63 and was struck 70% off-center. Besides only showing the back half of President Roosevelt’s head, the coin only displays a hint of its 1958 date.
1958 Dime: Is it Worth Collecting?
It’s almost criminal that the Roosevelt Dimes don’t get a lot of attention. But as one of the last silver Roosevelt Dimes, the 1958 Dime has tons of potential. These coins are relatively cheap to acquire in mint condition. And as their population thins, their value will only go up. If you have the patience to buy and hold, go for it.
Jenson is a professional numismatist, a dedicated coin collector, a graduate of the College of Business at Oregon State, a life member of the American Numismatic Association (ANA), and an overall coin nerd. He is the founder of Coin Value List.