The 1983-P Roosevelt Dime holds a unique place in numismatic circles, offering collectors a blend of historical significance and intriguing characteristics. This guide delves into its design, mintage, value, notable errors, and tips for collectors.
Design and Specifications
Designed by John R. Sinnock, the 1983-P Roosevelt Dime features:
- Obverse: A left-facing portrait of President Franklin D. Roosevelt, accompanied by the inscriptions “LIBERTY,” “IN GOD WE TRUST,” the year “1983,” and the designer’s initials “JS.”
- Reverse: A torch symbolizing liberty, flanked by olive and oak branches representing peace and strength, respectively. Surrounding these are the inscriptions “UNITED STATES OF AMERICA,” “E PLURIBUS UNUM,” and “ONE DIME.”
The coin’s specifications are as follows:
| Specification | Detail |
|---|---|
| Composition | 75% Copper, 25% Nickel (Clad) |
| Weight | 2.27 grams |
| Diameter | 17.9 mm |
| Edge | Reeded |
Mintage and Scarcity
In 1983, the Philadelphia Mint produced 647,025,000 Roosevelt Dimes. Despite this high mintage, sharply struck examples, especially those with Full Bands (FB) or Full Torch (FT) details on the reverse, are scarce. Coins exhibiting these features are highly sought after by collectors.
Value and Market Trends
The value of a 1983-P Roosevelt Dime varies based on its condition and specific attributes:
- Circulated Condition: Typically holds a nominal value of around $1, with dealers often offering face value for such examples.
- Uncirculated Condition: Coins in Mint State (MS) grades can command higher prices:
- MS63: Approximately $5
- MS65: Around $8
- MS67 with Full Bands: Up to $1,750
It’s important to note that market values fluctuate based on demand and the coin’s grade.
Notable Errors and Varieties
While the 1983-P Roosevelt Dime doesn’t have widely recognized errors, collectors should be vigilant for:
- Full Bands/Full Torch Designation: Coins where the torch’s bands are fully separated and detailed are rare and command premiums.
- 1983 “No S” Proof Dime: A rare error from the San Francisco Mint where the mintmark is missing.
Collecting Tips
- Condition is Key: Prioritize coins with minimal wear, clear details, and original luster.
- Seek Full Bands/Full Torch Examples: These are rarer and more valuable.
- Authenticate Rare Varieties: If you suspect you have a rare variety or error, consult a professional grading service for verification.
FAQs
What makes the 1983-P Roosevelt Dime special for collectors?
Its high mintage combined with the scarcity of well-struck examples, especially those with Full Bands or Full Torch details, makes it intriguing for collectors.
How can I identify a Full Bands or Full Torch 1983-P Dime?
Examine the torch on the reverse; Full Bands or Full Torch designations require fully separated and detailed bands.
Are there any significant errors associated with the 1983-P Roosevelt Dime?
While no major errors are noted for the 1983-P, the 1983 “No S” Proof Dime from the San Francisco Mint is a notable rarity.
