The 1949 Roosevelt Dime is a fascinating piece of numismatic history. As a collector, understanding the historical context, design elements, composition, and value of this coin can enhance your appreciation and potentially increase your investment returns. This article delves into the nuances of the 1949 Roosevelt Dime, offering detailed insights into its background, value chart, design features, and rare issues. Whether you’re a seasoned numismatist or a novice collector, this guide will provide valuable information about this iconic American coin.
Historical Context
The Roosevelt Dime was first introduced in 1946 to honor President Franklin D. Roosevelt, who had passed away in 1945. The choice of Roosevelt was fitting due to his strong association with the March of Dimes, a campaign to combat polio. The 1949 Roosevelt Dime is part of this ongoing legacy, minted just a few years after the series began. The introduction of the Roosevelt Dime marked a significant shift from the previous Mercury Dime, reflecting the changing times and honoring a beloved president.
1949 Roosevelt Dime Value Chart
The value of a 1949 Roosevelt Dime varies significantly based on its condition. Below is a breakdown of estimated values based on different conditions:
| Condition | Estimated Value Range |
|---|---|
| Good | $1.50 – $2.00 |
| Fine | $2.00 – $3.00 |
| Extra Fine (XF45) | $3.00 – $4.50 |
| About Uncirculated (AU) | $4.50 – $6.00 |
| Brilliant Uncirculated (BU) | $6.00 – $10.00 |
| MS66 | $25.00 – $50.00 |
1949 Roosevelt Dime Obverse and Reverse Design
The obverse of the 1949 Roosevelt Dime features a portrait of Franklin D. Roosevelt, designed by John R. Sinnock. The reverse showcases a torch, symbolizing liberty, flanked by olive branches representing peace and oak branches representing strength. The coin has a reeded edge with 118 reeds.
1949 Roosevelt Dime Composition and Physical Features
The 1949 Roosevelt Dime is composed of 90% silver and 10% copper. It has a diameter of 17.9 millimeters and a weight of 2.5 grams. The composition and size make it a typical example of mid-20th-century American dimes, offering both historical and material value.
Rare Issues and Error Coins
While most 1949 Roosevelt Dimes are common, some error coins can be particularly valuable. Known errors include off-center strikes, double strikes, and repunched mint marks. These errors can significantly increase a coin’s value, especially if they are in high-grade conditions.
Special Releases and Proof Coins
The 1949 Roosevelt Dime series did not include any special mint sets or proof coins, as the U.S. Mint did not produce proof coins for public release between 1943 and 1949. However, collectors should keep an eye out for any high-quality dimes that could be mistaken for proof-like due to their condition.
How to Identify a Valuable 1949 Roosevelt Dime
Identifying a valuable 1949 Roosevelt Dime involves examining its condition and rarity. Look for coins in higher grades such as MS66, as these tend to have higher market values. Additionally, any coin exhibiting errors or unusual features should be evaluated by a professional.
Mintage Amounts
The total mintage for the 1949 Roosevelt Dime was substantial, with the Philadelphia Mint producing 30,940,000 coins, the Denver Mint producing 26,034,000 coins, and the San Francisco Mint producing 13,510,000 coins. Despite these large numbers, condition and errors can make specific dimes more desirable.
The Most Valuable 1949 Roosevelt Dime
The most valuable 1949 Roosevelt Dimes are typically those in mint state condition with notable errors. Coins graded MS66 with full torch lines (FB) can fetch a premium, as can those with unique mint errors.
By understanding the historical significance, design details, and market value of the 1949 Roosevelt Dime, collectors can make informed decisions and potentially discover hidden treasures in their collections. Whether you’re looking to complete a set or uncover a rare error coin, the 1949 Roosevelt Dime offers intriguing possibilities for numismatists.