The Roosevelt Silver Dime was minted by the United States Mint from 1946 to 1964, with a composition consisting of 90% silver. Each dime originally contained 0.07234 ounces of silver.
These dimes replaced the Mercury Silver Dime, also known as the Winged Liberty Head Dime, which had been in production from 1916 to 1945. The creation of the Roosevelt Silver Dime was a direct response to the sudden passing of President Franklin D. Roosevelt, the 32nd President of the United States.
Following Roosevelt’s death, legislation was quickly introduced to create a new dime in his honor, and design work began almost immediately. This marked a historic moment, as it was the first time in over 40 years that a U.S. Mint employee was tasked with designing a circulating coin. The responsibility fell to Chief Engraver John R. Sinnock, who had previously designed a medal featuring Roosevelt’s portrait. Within less than nine months, on January 30, 1946—what would have been Roosevelt’s 64th birthday—the new dime was released to the public.
The Roosevelt Silver Dime was minted in vast quantities, making it relatively easy for collectors to find. Despite its abundance, many consider this coin to be in its early stages, with expectations that its value may rise over time.