The Roosevelt dime dates back to 1946, although the United States has had a ten-cent coin since 1796. But did you know that not all dimes are worth $0.10? Some, particularly those that are several decades old, can be worth much more!
But what’s the 1967 dime value?
If you’re a numismatist (coin collector), you’ll want to familiarize yourself with the unique values of this ten-cent coin. In this guide, we’ll discuss how much a 1967 Roosevelt dime is worth and the rare errors that can make some 1967 dimes worth thousands of dollars.
1967 Roosevelt Dime Value Chart
|1967-P Full Bands Dime||$24||$150||$1,200|
|1967 SMS Dime||$5.4||$6.75||$20.25|
|1967 SMS Dime CAM||$10||$15||$75|
|1967 SMS Dime DCAM||$160||$280||$1,500|
1967 Roosevelt Dime: History
The Roosevelt dime was introduced in 1946 and replaced the Mercury dime.
Between 1946 and 1964, Roosevelt dimes were 90% silver, but because the value of silver increased during that time, the U.S. Mint began making dimes with nickel and copper (starting in 1965). The increasing value of silver also led to coin hoarding, which impacted the U.S. Mint’s production of proof strike dimes.
Notably, there aren’t any proof strike 1967 Roosevelt dimes. The U.S. Mint didn’t create proof dimes between 1965 and 1967, preferring to create special strike SMS (Special Mint Strike) dimes instead. These SMS coins didn’t contain silver, so they weren’t as attractive to hoarders.
1967 Roosevelt Dime: Design
Chief Engraver John R. Sinnock designed the Roosevelt dime. You can find his initials (JS) on the obverse side of 1967 dimes.
Like the Kennedy half dollar, the Roosevelt design was adopted to honor a deceased U.S. President.
Franklin D. Roosevelt, whose image is on the Roosevelt dime, passed away in 1945, and the commemorative Roosevelt dime was instituted a year later. Unlike other U.S. coin designs that date back to the late 1960s (like the Lincoln Memorial cent), the Roosevelt dime design is still used today.
1967 Roosevelt Dime Obverse
The most significant design characteristics to look for on a 1967 Roosevelt dime’s obverse (front) face include:
- The legend “LIBERTY” on the left side of the coin
- The raised image (device) of President Franklin D. Roosevelt, face in profile facing left
- The motto “IN GOD WE TRUST” below Roosevelt’s face, in the bottom left corner
- The year date (1967) below Roosevelt’s face, in the bottom right corner
- The initials “JS” beneath Roosevelt’s neck, sandwiched between the year date and motto
1967 Roosevelt Dime Reverse
The most significant design characteristics to look for on a 1967 Roosevelt dime’s reverse (back) face include:
- The issuing nation, “UNITED STATES OF AMERICA,” curved downward along the top of the coin
- The raised image (device) of a torch, oak branch, and olive branch in the center of the coin
- The motto “E PLURIBUS UNUM” along the bottom center of the coin, spaced “behind” the device
- The denomination “ONE DIME” curved upward along the bottom of the coin
1967 Roosevelt Dime: Features and Specifications
1967 Roosevelt dimes all have the same design, whether they’re regular strike pieces or SMS coins. Regardless of the dime’s type, all 1967 Roosevelt dimes have several characteristics in common, including metal composition, size, and weight.
You can use these features and specifications to ensure you have a genuine 1967 Roosevelt dime in your possession.
- Are 25% nickel and 75% copper
- Weigh 2.27 grams (about 0.08 ounces)
- Measure 17.9 millimeters (about 0.7 inches) in diameter
- Have ridges along their edges (called reeded edges)
How Much Is a 1967 Roosevelt Dime Worth?
According to the Greysheet, the 1967-P (No Mint Mark) Roosevelt dime in circulated condition is worth around $0.10. It can be worth $0.15 to $250 or more in uncirculated condition.
1967 Roosevelt Dime: Value Comparison
Some 1967 Roosevelt dimes are worth exactly what they were worth in the 1960s; $0.10.
But others are far more valuable!
The value of any given 1967 Roosevelt dime depends on its:
- Type (No Mint Mark, Full Bands, SMS), and
One of the best ways to determine how much a 1967 Roosevelt dime is worth is to separate these ten-cent coins into distinct categories based on their type.
1967 No Mint Mark Roosevelt Dime Value
The Philadelphia Mint struck 2.244 billion dimes in 1967. This is an usually high number of dimes, especially when compared to the mintage records from the 1950s. But the U.S. was dealing with a coin shortage then, which is why the Philadelphia Mint struck so many dimes.
Because the U.S. Mint produced so many Roosevelt dimes during this time, 1967 Roosevelt dimes are incredibly common, even today.
The 1967 No Mint Mark Roosevelt dime (also called the 1967-P Roosevelt dime) is worth $0.10 in extremely fine (XF-40) and about uncirculated (AU-50) condition. This ten-cent coin is slightly more valuable in uncirculated (mint state) condition, with MS-60 1967 Roosevelt dimes having an estimated value of $0.15.
The most valuable 1967 No Mint Mark Roosevelt dimes are MS-68 pieces. These are worth about $250, making them 2,500 times more valuable than in 1967!
1967 No Mint Mark Full Bands Roosevelt Dime Value
In addition to regular strike No Mint Mark Roosevelt dimes, the Philadelphia Mint created “Full Bands” dimes in 1967. These technically aren’t a different set of dimes.
Instead, they’re dimes that have sharper, more detailed devices (raised images), most notably creased horizontal bands on the torch located on the coin’s reverse side.
New or relatively new coin dies used to strike dimes were more capable of creating these higher-quality details. But the dies began to develop signs of wear and tear, the bands on the torch became blurrier and less distinct.
Because the quality of these dimes is slightly higher than regular strike dimes, they’re especially prized among numismatists. The value of a 1967 No Mint Mark Full Bands Roosevelt dime starts at about $24 (MS-66) and can go as high as $1,200 (MS-68).
1967 SMS Roosevelt Dime Value
Although the U.S. Mint didn’t make and proof strike dimes in 1967, they did make special strike dimes to satisfy the needs of collectors. These dimes are called SMS (Special Mint Strike) dimes, and they were part of a five-coin set that was released for three consecutive years: 1965, 1966, and 1967.
While these SMS dimes weren’t made of silver (like proof strike dimes), they were slightly higher quality than regular strike (for-circulation dimes). As such, they were available in three varieties:
- SMS (non-cameo)
- SMS Cameo
- SMS Deep Cameo
Each type has a unique value range based on coin condition (NGC and PCGS grades). That said, SMS dimes are generally only available in uncirculated (mint state) condition.
An SP-63 non-cameo SMS 1967 Roosevelt dime is worth about $2. However, an SP-68 SMS 1967 Roosevelt dime is worth approximately $15. Still, the SP-69 is the highest-value non-cameo SMS 1967 Roosevelt dime, and it has an estimated value of $200!
SMS coins with a cameo finish are more visually appealing, with darker fields (backgrounds) and brighter devices (raised images). An SP-63 SMS Cameo 1967 Roosevelt dime is worth about $3, while an SP-68 SMS Cameo 1967 dime is worth about $75.
If you have an SP-69 SMS Cameo 1967 Roosevelt dime, you’ll be glad to know that the estimated value of this ten-cent coin is a whopping $850.
SMS Deep Cameo
SMS Deep Cameo coins take the two-tone look of SMS Cameo coins to the next level. Fields (backgrounds) are even darker, sometimes even appearing jet-black, and devices (raised portions of the coin) are bright, occasionally appearing white.
Of all 1967 SMS Roosevelt dimes, the Deep Cameo variety is the most valuable. These coins are also in exceptional condition, with few examples ever found below SP-66.
An SP-66 SMS Deep Cameo 1967 Roosevelt dime is estimated at $160, while an SP-68 version is worth about $1,500. But the rarest and most valuable type of SMS Deep Cameo dime from 1967 is in SP-69 grade, which can sell for $4,500 or more.
1967 Roosevelt Dime: Rare Errors
Everybody makes mistakes from time to time, even the hardworking staff at the U.S. Mint! But, fortunately for coin collectors, mint errors can result in exceptionally valuable one-of-a-kind coins that are worth big bucks.
1967 Roosevelt dime error coins to keep an eye out for include the:
- 1967 Roosevelt Dime Die Adjustment Strike Error
- 1967 Roosevelt Dime Missing Obverse Clad Layer Error
- 1967 Roosevelt Dime Struck 50% Off-Center Error
You might want to invest in error dimes to diversify your coin collection and boost its value. But how can you tell which dimes are error dimes and which dimes aren’t?
Let’s discuss how these rare error coins are made, how to identify them, and how much they’re worth to make your error coin search a little easier.
1967 Roosevelt Dime Die Adjustment Strike Error
In the 1960s, the machinery used to strike coins had to be recalibrated and adjusted occasionally to ensure that coin dies applied the ideal amount of pressure to planchets (also called blanks).
This recalibration process often resulted in a few “junk” coins unsuitable for circulation. These coins are often called die adjustment strike coins.
In 1967, the Philadelphia Mint recalibrated its coin-striking process at some point, creating a handful of die adjustment strict error dimes. One of these dimes, which features a barely visible Roosevelt face, sold for $164.50 in February 2017.
This price is fairly impressive, especially because the average No Mint Mark 1967 dime is only worth between $0.10 and $0.15.
1967 Roosevelt Dime Missing Obverse Clad Layer Error
1967 Roosevelt dimes have a solid copper core clad in silver-colored nickel. But when the nickel layer isn’t accurately applied (or applied at all), the resulting coin looks more like a penny than a dime!
These error coins are some of the most common types of error dimes from 1967, and they vary in value between about $60 and $150. In 2020, an about uncirculated (AU-58) Missing Obverse Clad Layer 1967 Roosevelt dime sold at auction for $144.
1967 Roosevelt Dime Struck 50% Off-Center Error
Planchets (blank metal discs that become coins) can end up slightly off-center during the striking process, resulting in coins that only have partial designs. These off-center error coins can be quite valuable when the year date is visible and complete, but they can be relatively inexpensive if the year date is missing.
For an example of a comparatively valuable off-center error dime, look no further than the 1967 50% off-center Roosevelt dime that sold for $93 in 2022. This dime has the year date and part of Roosevelt’s head, but it’s mostly just a blank planchet.
Notably, this coin is also slightly warped because of the off-center strike, causing it to lose its once perfectly-round shape. Believe it or not, this odd shape makes it more desirable as an error coin.
Frequently Asked Questions
These frequently asked questions about the 1967 Roosevelt dime are a fantastic resource. Read on to gain additional insight into this ten-cent coin.
Why Aren’t 1967 Roosevelt Dimes Made of Silver?
The U.S. Mint stopped making dimes out of silver in 1964, as the value of silver had increased to a point where dimes were actually worth more (based on their silver content) than their listed denomination ($0.10). Since 1992, the only dimes made of silver are proof strike Roosevelt dimes. Consequently, you won’t find any 1967 dimes that contain silver.
How Many 1967 Roosevelt Dimes Exist?
Most dimes struck in 1967 are either still in circulation or sitting safely in private collections. Consequently, billions of 1967 Roosevelt dimes probably exist.
Why Do Some People Melt 1967 Roosevelt Dimes?
Even though 1967 Roosevelt dimes don’t contain any silver, they’re often melted down for their high copper content. Because copper has become more valuable, some people might melt dimes from the 1960s to sell scrap copper.
However, the copper value of a dime is less than the dime’s denomination, so melting 1967 Roosevelt dimes isn’t as financially rewarding as collecting them.
The Roosevelt dime is still in use today, making it one of the longest-lived coin designs adopted by the U.S. Mint. But how much are old dimes worth?
Well, the 1967 dime value varies between $0.10 (1967-P No Mint Mark, XF-40 to AU-58) and $4,500 (1967 SMS Deep Cameo, SP-69). Additionally, some error coins (particularly those missing clad layers) can be comparatively valuable, often selling for more than $100 per coin.
Becoming a more knowledgeable coin collector is as easy as checking out these related articles about coin values.