The 1996 Roosevelt dimes, though minted in large quantities, harbor certain varieties and errors that make them exceptionally rare and valuable.
Collectors and enthusiasts should be vigilant when examining these coins, as some can command impressive premiums over their face value.
Understanding the 1996 Roosevelt Dime
The Roosevelt dime, introduced in 1946, features President Franklin D. Roosevelt on the obverse and a torch, olive branch, and oak branch on the reverse.
In 1996, the U.S. Mint produced over 2.8 billion dimes, with the Philadelphia and Denver Mints striking the majority. Despite the high mintage, certain 1996 dimes are noteworthy due to their rarity and potential value.
Key Varieties and Errors to Look For
1996-W Roosevelt Dime
In 1996, to commemorate the 50th anniversary of the Roosevelt dime, the West Point Mint struck approximately 1.46 million dimes. These coins were included exclusively in uncirculated mint sets and were not released into general circulation.
Consequently, finding a 1996-W dime in circulation is exceedingly rare. In uncirculated condition, these dimes can be valued between $15 and $25.
Full Bands (FB) Designation
The “Full Bands” designation refers to the complete and uninterrupted lines on the torch’s bands on the reverse side of the dime.
Coins exhibiting this feature, especially in higher grades, are highly sought after. For instance, a 1996-P dime graded MS68 with Full Bands has been known to sell for around $1,385.
Off-Center Strikes and Other Errors
Dimes with minting errors, such as off-center strikes, die breaks, or broad strikes, can be particularly valuable. For example, a 1996-P broadstruck dime graded MS66 was listed for $279.95.
Identifying Valuable 1996 Dimes
To determine if a 1996 dime is rare or valuable, consider the following:
- Mint Mark: Look for the mint mark above the date. A “W” indicates a West Point Mint coin, which is rare in circulation.
- Condition: Coins in uncirculated condition or those with Full Bands are more valuable.
- Errors: Examine the coin for any minting errors, such as off-center strikes or die breaks.
Estimated Values of 1996 Dimes
| Coin Type | Mint Mark | Estimated Value (Uncirculated) |
|---|---|---|
| 1996-P Roosevelt Dime | P | $0.10 |
| 1996-D Roosevelt Dime | D | $0.10 |
| 1996-W Roosevelt Dime | W | $15 – $25 |
| 1996-P FB Roosevelt Dime | P | $1,385 (MS68 FB) |
| 1996-P Broadstruck Dime | P | $279.95 (MS66) |
While most 1996 Roosevelt dimes are worth their face value, certain varieties and errors can make them highly valuable. Collectors should pay close attention to mint marks, coin condition, and any unique features when evaluating these coins.
FAQs
What is the value of a 1996-P Roosevelt dime?
In circulated condition, a 1996-P Roosevelt dime is typically worth its face value of 10 cents. However, uncirculated coins or those with Full Bands can be more valuable.
How can I identify a 1996-W Roosevelt dime?
A 1996-W Roosevelt dime will have a “W” mint mark above the date. These coins were included in uncirculated mint sets and are rare in circulation.
What does the “Full Bands” designation mean?
“Full Bands” refers to the complete and uninterrupted lines on the torch’s bands on the reverse side of the dime. Coins with this feature, especially in higher grades, are highly sought after.
