The 1979-S Roosevelt Dime Proof is an interesting piece of American coinage. Made by the United States Mint, it was part of the annual Mint Set offered to collectors. This coin not only has historical value but also tells a story about its time and design. In this guide, we’ll explore the features of the coin, its market value today, and how collectors can find it.
What Is the 1979-S Roosevelt Dime Proof?
The 1979-S Roosevelt Dime Proof is a special version of the standard Roosevelt dime. The “S” means it was made in San Francisco, and “Proof” means it was struck with extra care to create a shiny finish. In 1979, the Mint made 3,677,175 of these coins, responding to collector demand. They sold for $9, which is about $30 today when adjusted for inflation. This amount shows that the minting process was adjusted over the years to match what collectors were willing to pay.
| Detail | Information |
|---|---|
| Mint Mark | S (San Francisco) |
| Mintage | 3,677,175 |
| Face Value | $0.10 (10 cents) |
| Sale Price | $9 (approx. $30 today) |
Minting Process and Design
Minting Details
The Mint creates Proof coins by using polished dies and high-quality metal. The 1979-S Roosevelt dime has two types of mintmarks.
- Type 1: The “S” mintmark is filled in.
- Type 2: The “S” mintmark is hollow and flat on top.
While many coins lack these specific designations, the Type 2 mintmark is slightly rarer. Collectors often seek coins from original Mint Sets, where many high-quality examples can be found.
Coin Design
| Side | Design Features |
|---|---|
| Obverse | Features a left-facing bust of Franklin D. Roosevelt with “LIBERTY” and “IN GOD WE TRUST” |
| Reverse | Displays a torch, olive branch, and oak branch with “E PLURIBUS UNUM” |
| Edge | Reeded with small ridges for grip |
Market Value of the 1979-S Dime
Since the 1979-S Roosevelt dime was not made for circulation, most remain in great condition. The values can vary based on the grade of the coin:
| Grade | Value |
|---|---|
| PR 60-66 | $1 to $5 |
| PR 67 | $7 to $10 |
| PR 70 DCAM | $10 to $20 (Type 1), $20 to $50 (Type 2) |
Interestingly, prices for these coins have dropped in recent years. For example, a PR 70 coin sold for around $300 in the early 2000s, but now might only fetch $50.
Collecting the 1979-S Dime
Collectors can find the 1979-S Roosevelt dime through auctions, coin shows, or local shops. Some collectors prefer to buy whole Mint Sets, which often contain high-quality coins. The current prices for Mint Sets are between $6.50 and $10, making them an affordable option for new collectors.
Conclusion
The 1979-S Roosevelt Dime Proof is not just a piece of currency; it’s a collectible item that showcases the artistry and history of American coinage. With its unique design and varied mintmark types, this dime has much to offer to collectors, whether they are just starting out or are seasoned pros. Understanding its value and the market can help collectors make informed decisions. As this coin continues to capture the interest of enthusiasts, it remains a noteworthy part of any collection.
FAQ’s
What is the 1979-S Roosevelt Dime Proof?
The 1979-S Roosevelt Dime Proof is a special version of the standard Roosevelt dime, made by the San Francisco Mint. It features a shiny finish and was produced for collectors, not for general circulation.
How much is the 1979-S Roosevelt Dime Proof worth today?
The value varies by grade, with most examples in good condition selling for between $1 and $50. The finest pieces can fetch higher prices, especially in auctions.
Where can I buy a 1979-S Roosevelt Dime Proof?
You can find this coin at auctions, coin shows, and local coin shops. Many collectors also recommend looking for it in original Mint Sets for high-quality examples.