1963 Roosevelt Dime Value (Regular Strike, Proof, and Error Coins)

Jenson Cambell

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Dime

The majority of dimes are worth only their face value. But this mid-20th century coin begs to differ as it can sell for hundreds and thousands of dollars. The 1963 Roosevelt Dime, specifically, has a good amount of varieties to offer.

From the regular strike to proof and error coins, there is certainly one that you would be pleased to add to your growing collection. So today, we’ll look into its valuation and some insightful auction records to give you a deeper understanding of the worth of each.

But before we break down each variety, let’s first look into the price overview.

1963 Roosevelt Dime Value Chart
Coin Grade Philadelphia Denver Philadelphia Proof
G4 $2.20 $2.20 /
F12 $2.20 $2.20 /
XF40 $2.20 $2.20 /
AU50 $2.20-$2.70 $2.20-$2.70 /
MS60 $3.50-$4 $3.50-$4 $2.50-$4.50
MS63 $5-$10 $5-$10 $5-$10
MS65 $25-$110 $15-$20 $12.50-$20
MS67 / $90-$4,500 $22.50-$75
MS70 / / $150

1963 Roosevelt Dime History

1963 Roosevelt Dime history

The earlier versions of the Roosevelt Dimes became the target of most speculators since the market quotes for silver quickly rose in 1963. Many hoarded bags and rolls, causing a statewide scarcity of the earlier-dated coins. But to alleviate the situation, the Philadelphia and Denver Mint nearly doubled the production from previous years, producing 548 million pieces of 1963-dated silver dimes.

However, the hoarding only worsened when the Treasury Department announced in the same year that the silver coinage would soon end. True enough, the silver coin production stopped in 1965, turning dimes into copper-nickel-clad alloy in the following years. The dimes also sold for a lower value as they transitioned with cheaper material.

Today, most grades of the 1963 dime are still common. Even those with Full Torch designation are enough to answer the demand of serious Roosevelt series collectors.

Mint Location Mint Variety Mintage
Philadelphia Regular strike, No mintmark 123,650,000
Philadelphia Proof, No mintmark 421,476,530
Denver Regular Strike, “D” mintmark 3,075,645
Total 548, 202,175

1963 Roosevelt Dime Characteristics and Physical Features

  • Category: Roosevelt Dimes (Silver, 1946-1964)
  • Face Value: Ten cents
  • Obverse-Reverse Designer: John R. Sinnock
  • Metal Composition: 90% Silver, 10% Copper
  • Weight: 2.50 grams
  • Diameter: 17.90 millimeters
  • Edge: Reeded

There have been no changes in the 1963 dime design since its inception in 1946. The obverse side still features the large portrait of Roosevelt with a minuscule IN GOD WE TRUST motto at the bottom. The LIBERTY letter remained in large letters with the mint year positioned below the bust, near Sinnock’s initials—JS.

1963 Roosevelt Dime obverse feature

The reverse side features a torch flanked by olive and oak branches—each denoting freedom, peace, and victory. The text UNITED STATES OF AMERICA and ONE DIME surrounds the elements and is separated by an ornamental dot. Lastly, the text E PLURIBUS UNUM is spaced stiffly between the torch and branches.

But aside from the familiar design and silver composition, the collectors seek those with Full Torch (FT) in a 1963 Roosevelt Dimes. Those with FT designation show full separation of the bands in the torch handle. If the coin garners the title, you can expect it to sell for a premium.

Later, we will discuss more of it in the following sections.

1963 Roosevelt Dime reverse feature

1963 Roosevelt Dime Varieties and Valuation

Here are the varieties of the 1963 Roosevelt Dime, including their valuation.

1963-P (No Mint Mark) Roosevelt Dime Value

1963-P Roosevelt Dime Value
1963-P Roosevelt Dime (No Mint Mark)

Philadelphia Mint produced 123,650,000 pieces of the 1963 no-mintmark Roosevelt dime. Some specimens of this variety are semi-prooflike since the Mint used retired proof dies to make regular strike coins for this year. However, the strike quality is not enough for it to earn a prooflike designation.

The 1963-P dime is very common, with roughly 12 million examples combining all grades. Those in MS60 and above condition are also very common, with over 3 million graded.

However, those with MS65 and above grades are harder to obtain, especially those with Full Torch (FT) designation. MS 66 has a thousand known examples, but only less than a dozen for MS67 with Full Torch, making it scarce.

Today, a circulated 1963-P Roosevelt Dime is worth $2.20, but it can fetch up to $110 for Gem Uncirculated condition. Those with Full Torch, however, offer higher value, starting at $20 and reaching $6,250 for those in pristine states.

1963-P Roosevelt Dime Full Torch Value Chart
Variety MS64 MS65 MS66 MS67
1963-P FT $20 $30 $135-$300 $950-$6,250

Currently, the highest auction record for this variety is a 1963 Dime MS67+ FT, sold for $5,581.25 by Heritage Auctions. The coin showed impeccable preservation on the fields with an appealing pale blue and lilac patina on either side.

Meanwhile, the highest sale price for a 1963 Dime without Full Torch is an MS66, sold for $748 by David Lawrence RC.

1963-D Roosevelt Dime Value

1963-D Roosevelt Dime Value
1963-D 10C

The Denver Mint produced 421,476,530 pieces of 1963-D Roosevelt Dime. It makes it more common than the Philadelphia regular strike coin with such a massive mintage.

Although you can expect the majority of it in average Mint State grades since most coins have multiple bag marks. Collectors pile the dimes in the bag, causing collision with one another and resulting in unwanted dents.

The 1963-D Roosevelt Dime without Full Torch is very common, with over 42 million recorded specimens. However, those in MS67 and above condition with Full Torch are scarce, and only a few examples are known.

In terms of value, the 1963-D Dime does not differ from Philadelphia Mint coins, with $2.20 as its price for circulated coins. However, those in Gem Uncirculated condition sell a few dollars lower, valuing at around $15 to $20. But if you have a 1963-D dime with Full Torch, it can sell from $30 to $275.

1963-D Roosevelt Dime Full Torch Value Chart
Variety MS64 MS65 MS66 MS67
1963-D FT $30 $45 $95 $275

The 1963-D Dime also has a good auction record to boast. On top of the list is an MS68 sold for a tremendous $5,463 by Heritage Auctions. According to the firm, it is the sole finest example of this variety. It is exceptionally lustrous, with a partial gold-orange and peach toning.

Meanwhile, the highest sale price for a 1963-D MS67 is $3,795, sold by Stack’s Bowers. The coin has a nice toning of sandy-orange, olive russet, with medium-copper frames.

1963-P Proof Roosevelt Dime Value

1963 P Proof Roosevelt Dime Value
1963 Proof Roosevelt Dime

Aside from regular strike coins, Philadelphia also minted 3,075,645 pieces of 1963 Proof Dimes. Many collectors have felt enthused towards the proof sets since 1961, rendering 1963 a year wherein the proof coins reached over a 3 million sale mark.

1963 Proof Dimes have a high percentage of Cameo and Ultra Cameo, as Philadelphia improved the durability of their dies that year. According to PCGS, this variety is very common, with an estimated 550,000 examples known today—all grades combined. However, those in PF65 and above condition are less common but not scarce.

Now—let’s see how much a PF Cameo (CA) and a PF Ultra Cameo (UC)  is worth today.

Coin Grade PF CA PF UC
PF-64 $12.50-$15 $20-$22.50
PF-65 $17.50-$20 $25-$27.50
PF-66 $22.50-$25 $30-$35
PF-67 $27.50-$30 $40-$50
PF-68 $40-$50 $75-$100
PF-69 $175 $350
PF-70 $500 /

A 1963 Proof Dime PF60 is worth $2.50 and can reach up to $150 for a Perfect Uncirculated condition. But as expected, those with Cameo contrast can render higher prices in the open market, ranging from $12.50 to $500.

As of writing, the highest auction record—with no error—for this variety is a PR69 sold for $555. The rest on top of the list have Mint errors selling for several hundred dollars. But we will discuss more of it later in the next section.

List of 1963 Roosevelt Dime Error Coins

Similar to other ‘60s dime coinage, the 1963 is not devoid of double-die varieties. Many have dramatic doubles that make it very popular among coin collectors.

In fact, the highest auction record for a 1963 proof dime is a DCAM Double Die Reverse sold for $602. But aside from this, there are also other error types that elevate the value of the coin. Now—let’s see the different 1963 Roosevelt Dime errors available and their current valuation.

1. 1963 MS63 10C Triple Die Obverse—Selling For $174.99

1963 MS63 10C Triple Die Obverse value

A triple die error happens when the coin gets struck thrice and develops a prominent doubling on either the obverse or reverse side. An example is this 1963 Roosevelt Dime that was triple struck on the obverse side.

Here, the word LIBERTY has an excess lining on the original lettering. However, there are cases when it requires a coin microscope to assess the strike count. The coin was graded MS63 by ANACS and currently sells for $174.99.

2. 1963-D Roosevelt Dime Off-Center Struck—Selling For $75.00

1963-D Roosevelt Dime Off-Center Struck

The off-center strike error is common in many denominations, including the 1963 dimes. Here, you’ll notice an open field on the top side of the coin, forcing the other inscription towards the edge.

This specific coin sells for $75 as it only has a minimal off-center percentage. But if you stumble upon those with 40% to 60%, you can expect it to sell for a couple hundred dollars.

3. 1963 Roosevelt Dime Ragged Clipped Planchet—Selling For $15.00

1963 Roosevelt Dime Ragged Clipped Planchet value

Coins with a ragged clip feature an irregular edge, disrupting the original circular outline. It happens if the trailing end of the metal strip is left untrimmed accidentally.

Most of the time, the ragged clip has graininess and is rough to the touch. This specific error coin currently sells at $15. But if the ragged clip is dramatic and is on a silver coin, you can expect it to reach $120.

4. 1963-P Dime Defective Planchet Mint Error—Selling For $210.00

1963-P Dime Defective Planchet Mint Error value

Defective planchet errors happen due to imperfections or abnormalities in the metal blank that is struck to create the coin. Sometimes, it cuts through a metal that has previously been punched, causing irregularly shaped coins.

In the photo, there is a visible V-like cut through the rim into Roosevelt’s hair. NGC graded it an MS62 with a description of a Defective Planchet. This 1963-P Roosevelt Dime currently sells for $210.

5. 1963 Proof Roosevelt Dime DDR—Selling For $299.99

1963 Proof Roosevelt Dime DDR value

Here’s another double-die error that sells for a premium. On the reverse side, there is a noticeable doubling of the words AMERICA and DIME.

Additionally, the ornamental dot that separated the two mentioned words also has the said error. For this specific coin, PCGS graded it a PR66 with a DDR FS-802 description. And as expected of proof coins, it can sell for almost 300 dollars.

Frequently Asked Questions

1963 Roosevelt Dime

Is the 1963 Roosevelt Dime made of silver?

Yes, it is 90% silver and 10% copper for the 1946-1964 Roosevelt Series. However, starting in 1965, due to the increasing value of silver, the U.S. Mint transitioned to a clad composition of 75% copper and 25% nickel, bonded to a core of pure copper.

How much is a 1963 Roosevelt Dime worth in 2023?

A circulated 1963 Dime—whether from Philadelphia or Denver—is worth $2.20. On the other hand, an uncirculated 1963 Dime is valued at $3.50 to $4,500. For the Proof variety, it varies depending on the Cameo contrast, but it plays around $2.50 to $500.

What are the known errors on a 1963 Roosevelt Dime and their value?

Aside from the ones mentioned before, there are other couple of error coins that made it to PCGS’ top auction list, and here are some of them:

Note: All of the aforementioned coins are sold by the Heritage Auctions Firm.

1963 Roosevelt Dime Value CHART

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