Dime High
How to Collect US dimes ?
They’re small and unassuming, but dimes have been an important part of the U.S. money system since 1796. The Mercury-head and Roosevelt dimes are extremely popular with new collectors, while the older (pre-1916) series offer plenty of challenges for the advanced collector. Here are some tips for collecting U.S. dimes.
By type:
• Difficulty rating: Moderately difficult. A type set of dimes offers a wide range of interesting designs, each with its own story to tell. The Draped Bust type is scarce, but all the later types are readily available.
• Cost estimate: For a type set of dimes in Fine condition, expect to pay about $1,000 (add $3,000 more if you want the Draped Bust/plain eagle subtype). In Uncirculated condition, bring more money — at least $25,000.
By date/mintmark:
• Difficulty rating: Difficult to nearly impossible. The Draped Bust in every date is accessible but somewhat expensive. The Capped Bust has no difficult dates. The Seated Liberty has many common dates(dates in a series that have high mintages and that are easy to obtain), many rare dates, and the unique 1873-CC no arrows dime. The Barber type has the scarce 1895-O, and the 1894-S is a classic rarity that always sets records when it appears on the market. The Mercury head has the key date of 1916-D, but all other dates are easy to find. The Roosevelt head in all dates and mintmarks is common.
• Cost estimate: Inexpensive to millions. For Draped Bust dimes, figure on spending $20,000 for a date set in Fine condition and at least $300,000 for a date set in Uncirculated condition — if you can find them. Capped Bust dimes cost $3,000 for a set in Fine condition and roughly $40,000 for an Uncirculated set. Seated Liberty dimes costs about $30,000 for a Fine set, but only if you exclude the 1873-CC no arrows. For Barber dimes the 1894-S takes all the fun out of putting together a date and mintmark set. If you exclude the 1894-S, a Fine set runs around $6,500; in Uncirculated condition, the price jumps to over $50,000. For Mercury-head dimes, Fine sets cost around $2,200; Uncirculated sets cost at least $15,000 — and substantially more if you add any full-band examples. You can pick up a complete date and mintmark set of Uncirculated and proof examples of Roosevelt dimes for around $250. Buy yourself a nice set and stay away from the lower grades.
By die variety:
• Difficulty rating: Easy to nearly impossible. Each type has its highlights. In the Draped Bust series, you can find several variations on the number of stars and berries on some dates. The Capped Bust series features two overdates. Because of its extended run, the Seated Liberty type has lots of interesting varieties, many of which are quite rare. Look for the 1893/2 overdate in the Barber series. Favorites in the Mercury-head series include the 1942/1 and 1942/1-D overdates. In the Roosevelt dime series, the 1982 no mintmark dime is a perennial favorite.
• Cost estimate: All over the board. A 1945-S micro-S dime is just $30 in Uncirculated condition, whereas a 1905-O micro-O can run as much as $3,500. Collecting Draped Bust dimes gets expensive because most of the dates are already valuable as type coins.
About the Author
This author writes about How to Build a Wood Steamer and Wooden TV Tray Plans. Visit the Bedroom Wardrobe Plans website for unique wardrobe cabinet design ideas.
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