Coin Values Moving with Precious Metals: Up-Dated 7/26/2021: Gold $1806 | Silver $25.20


1946 Dime Value

1946 dime value has a strong base in its silver content. Roosevelt dimes of the 1940's | 1950's | early 1960's are 90% silver by weight. Current minimum value is $1.68 each, see chart below for expanded listings.

Also, because of age, these coins are a popular collectible. Combining silver and certain collectible traits determines how much they are worth. A few steps are used to identify its place on the value chart.

1946 Roosevelt Dime - Obverse and Reverse

Steps Leading to Value:

  • Step 1: Date and Mintmark Variety - Vintage silver dimes are identified and valued by date and mint variety. Confirm your dime variety.
  • Step 2: Grading Condition - Comparing your coin to images of different grades, recognize the quality in demand and awarded premium value.
  • Step 3: Special Qualities - Collectors support the value to old coins. Silver dimes are collected in many ways creating different levels of demand and ultimately, how much they are worth.
1946 Dime Value
 Condition of Coin
DateGoodFineExtremely
Fine
Mint
State
  Roosevelt Dime Values Updated 7/26/2021
1946 $1.68 $1.68 $1.68 $2.78
1946 D $1.68 $1.68 $1.68 $2.78
1946 S $1.68 $1.68 $1.68 $2.78

1946 was the beginning year of the Roosevelt series and many were saved as examples of the new dime. Demand for higher condition coins is seen in the value chart. Follow the steps to identify the premium collectible variety and quality.

Step 1: | Date and Mintmark Variety Identified

Varieties of 1946 Dimes to Recognize

All new design series attract the attention of everyone. Saving of the Roosevelt dime was popular and collectors enjoyed the beginnings of a series.

1946 dimes are abundant today thanks to the many saved when entering circulation. At the time three different mints struck these across the country. Each mint variety is collected individually as part of a set. First to confirm is date and mint combination.

1946-S Roosevelt Dime

"S" Mintmark on Reverse: San Francisco Mint Struck the Coin

1946-S Roosevelt Dime

By January 1946 the San Francisco mint was releasing these new dimes into circulation. In total for the year, they struck 27,900,000 dimes, an abundant number to meet the needs of commerce.

Identify the San Francisco variety by the small "S" mintmark on the reverse. On the left side of the torch the "S" indicates the San Francisco mint produced the coin.

1946-D Roosevelt Dime

"D" Mintmark on Reverse: Denver Mint Struck the Coin

1946-D Roosevelt Dime

The Denver mint suppled the central U.S. with coinage. Large numbers of new Roosevelt dimes where needed to replace the now retired Mercury dime series. People were saving the last of the old and the beginnings of the new placing a production demand on the mints. Denver supplied over 61 million dimes in 1946 with many surviving today.

A "D" mintmark was placed on the reverse to identify the Denver mint. Next to the left side of the torch towards the bottom a "D" mark is seen.

1946 Roosevelt Dime

No Mintmark on Reverse: Philadelphia Mint Struck the Coin

1946 Roosevelt Dime

Philadelphia mint is the main U.S. mint. Supplying coins, coinage dies, assaying precious metals, and refining metal alloys.

Dimes were a big part of Philadelphia's production in 1946 striking over 255 million pieces. This huge amount is the sixth highest of the silver years. A popular date and abundant today in circulated condition.

Philadelphia did not use a mintmark in 1946 on coinage. At the base of the torch the space on the left is empty indicating the coin was struck at the Philadelphia mint.

Step 2: | Judge Condition to Identify Grade

1946 Dime Value is Conditional

The condition listings further refine dime values on the above chart. As a coin is used in commerce, wear takes place starting on the high points of the design. Grading the condition of a coin applies a set of standards for the different conditions and then assigning a grade.

Nice condition coins are sought by collectors. Use the images to compare and help narrow the state of preservation of your coin.

Mint State Grade

1946 Roosevelt Dime Mint State Grade

Mint State: All 1946 dimes left the mint with no wear to the surface. This state of condition is graded and termed as Mint State. Wear to no wear is the major separation in both popularity with collectors and value of silver Roosevelt dimes.

Roosevelt's portrait has many high points subject to wear. Focus on the hair and small lines just above the ear. Looking closely, notice the surface remains bright with luster and importantly a fine texture to the metal remains. Smoothing due to wear removes the fine texture, part of the luster and often causes a dullness of color. Fine details within the hair remain on this dime indicating the mint state grade.

A pleasing coin, still bright with the original color and shine, it represents collector quality.

Extremely Fine Grade

Roosevelt Dime Extremely Fine Grade

Extremely Fine: Slight wear confined to high point details help define a dime in Extremely Fine grade. Wear is minor and no merging of major design elements is visible. First impression is a crisp looking coin.

It is possible to detect small amount of the wear to the surface of the imaged coin. The raised area of hair above the ear is slightly smooth in texture. Fine lines are beginning to fade creating a flat area across the top of the ear. Helping define the grade are the many remaining hair lines throughout the rest of Roosevelt's hair.

Although this coin is valued close to silver value, it is affordable to young collectors and has a nice eye appeal.

Bullion Condition Examples

Silver Roosevelt Dimes in Bullion Condition

Bullion Condition Quality: 1946 dimes with many of the fine line details worn and missing become less collectible. The bulk of bullion quality and bullion value dimes are these moderately to heavily worn examples.

Hair detail above Roosevelt's ear is now one continuous smooth surface. Flatness extends from the temple over the top of the ear to the back of his head. This amount of wear confirms a moderately worn bullion quality 1946 dime.

A fun coin to hold on to, 1946 is the first year of the series.

How to Video: Grading Roosevelt Dimes

Compare your coin to more images of the different grades. Subjective elements play a role in spotting an eye appealing dime. Subtle details are examined.

Video, Images and Descriptions | Grading Roosevelt Dimes

Step 3: | Special Qualities Enhancing Value

Introducing the Collectible "First Year of Series" Roosevelt Dime

Beginnings of the Roosevelt dimes series is marked by the 1946 issue. These first year of issue dimes are important to many collectors. All collections of silver Roosevelt dimes need the date. If assembling a type set collection of the many different dime designs, first year of issues are a popular choice to represent the series. 1946 Roosevelt dimes are an historical year.

Franklin Delano Roosevelt's portrait fills the obverse. On the reverse the Liberty Torch is center of an olive branch on the left signifying Peace and an oak branch to the right signifying Strength and Independence. A very modern design coinage.

U.S. Mint Image 1946 Dime

January 30, 1946 is the exact date of release of the new dime, in honor of the late President's birthday. By July of the year, over 146 million were in circulation, the production of three mints; Philadelphia, Denver, and San Francisco.

1946 Dime Mint Set

Many of these new dimes were saved at the time of issue. Inspect yours closely, if just lightly worn, it was set aside soon after minting, as far back as 1946. President Roosevelt was a strong leader throughout very trying times in the U.S. and keeping one of these dimes was important to people.

Historical importance plus collectible first year are unique qualities to 1946 Roosevelt dimes. An affordable coin appreciated by new to advanced collectors. A nice set features all three mint issues.

References

U.S. Mint. 1946 U.S. Mint Annual Report. https://nnp.wustl.edu/library/book/514144
U.S. Mint. 1947 U.S. Mint Annual Report https://nnp.wustl.edu/library/book/514145

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Date by Date
In Depth Roosevelt Dime Values
1946 to 1964

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