1963 was one of the final years that Roosevelt dimes were minted. The 1963 dimes have value as both numismatic coins and as silver bullion. Keep reading to learn more about these silver coins.

1963 Dime

Specifications

Type: Roosevelt Dime
Year: 1963
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 1963 dime with no mint mark and also the 1963 D dime. The mint mark, when present, can be found on the reverse side of the coin.

Series Location Quantity Minted
1963 Philadelphia 123,650,000
1963 D Denver 421,476,530

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.

Both the 1963 dimes with no mint mark and the 1963 D dimes have similar values. In extremely fine condition these coins sell for a slight premium above their scrap silver value. 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 3,075,645 proof coins minted.

Double Die Error

There is a double die error for the 1963 dime with no mint mark. This error is usually easy enough to spot if you know what to look for. On the reverse side of the coin there will be letters that overlap each other. It's easiest to see this overlap on the larger letters.

The 1963 double die error coin is worth around $25 in uncirculated condition with an MS 63 grade. Uncirculated coins with a grade of MS 65 can sell for around $38. Proof coins with this error will sell for 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:

1964 Dime
1962 Dime
1961 Dime