1960 was one of the final years that Roosevelt dimes were minted. The 1960 dimes have value as both numismatic coins and as silver bullion. Keep reading to learn more about these silver coins.

1960 Dime

Specifications

Type: Roosevelt Dime
Year: 1960
Face Value: $0.10
Composition: 90% silver, 10% copper
Silver Weight: .07234 oz.
Total Weight: 2.5 grams
Current Silver Bullion Value: $1.22

The US minted the 1960 dime with no mint mark and also the 1960 D dime. The mint mark, when present, can be found on the reverse side of the coin.

Series Location Quantity Minted
1960 Philadelphia 70,390,000
1960 D Denver 200,160,400

Value

This coin in circulated condition is worth at least its weight in silver. The silver melt value for this coin is $1.22 as of November 14, 2019. This melt value is calculated from the current silver spot price of $16.85 per ounce.

The 1960 dime with no mint mark is worth a slight premium over its silver melt value in extremely fine condition. In uncirculated condition the price is around $3 for coins with an MS 63 grade. Uncirculated coins with a grade of MS 65 can sell for around $6.

The 1960 D dime has similar values. This coin is also worth a slight premium over its silver melt value in extremely fine condition. In uncirculated condition the price is around $3 for coins with an MS 63 grade. Uncirculated coins with a grade of MS 65 can sell for around $5.

Proof coins with no mint mark are available and they are each valued at around $5 in PR 65 condition. There were 1,691,602 proof coins minted.

Double Die Error

There is a double die error for the 1960 dime with no mint mark. This error occurred in some of the proof issues. On the front side of the coin there will be letters and numbers that slightly overlap each other. The bigger and more pronounced the overlap the more value the error coin will have. This error is not particularly easy to spot- you need to take a close look at the coin.

The value for this error coin is around $150 in PR 65 condition.

Grading System

Extremely fine- The lines of the hair, flame, and torch look very plain.

MS 63 choice uncirculated- In the major focal areas there are some blemishes or contact marks. The coin's luster might not be as prominent.

MS 65 gem uncirculated- There is strong luster and eye appeal. A few light contact marks may be present but they are barely noticeable.

PR 65 proof- There are no flaws to this coin. A few blemishes may be present.

 

Sources:

The Red Book


See also:

1961 Dime
1959 Dime
1958 Dime