The 1983-P Roosevelt Dime: A Collector’s Essential Guide: Among the most valuable, although often overlooked, coins in American numismatics is the Roosevelt Dime for 1983-P. Yet this coin has several features that make it a prize to hold for collectors. It does have some story for being one of the transitional pieces for the U.S. Mint, but even more, the characteristics of rarity and quality of design give it its individuality. This article will therefore present the history, design, value, and collectibility of this coin.
Historical Context: A Coin Born in Transition
The 1983-P Roosevelt dime had been minted at a time of changing conditions in the U.S. Mint. The biggest function of the Mint was the prep work for commemoratives regarding the 1984 Los Angeles Summer Olympic Games. Thus, for two straight years, there were no Uncirculated Coin Sets.
Thus, the collecting public had to fish for rare coins such as the 1983-P Roosevelt Dime from circulation. Coins so acquired show imperfections, including weak designs and uneven polishing. It was not hard to find this coin meant for circulation in most quantities; however, obtaining nice specimens becomes a challenge. Hence, it continues to be an interesting challenge for coin collectors.
Design of the 1983-P Roosevelt Dime
The design of the 1983-P Roosevelt dime continues a tradition dating back to 1946 of honoring President Franklin D. Roosevelt.
Obverse Design
The coin features a left-facing portrait of President Roosevelt on the obverse. It also features the following:
- “LIBERTY” is inscribed to the left of the portrait.
- “IN GOD WE TRUST” is written below the chin.
- The coin has the mintmark “1983” and “P” near Roosevelt’s neck, indicating that it was produced at the Philadelphia Mint.
Reverse Design
The reverse of this coin is considered a symbol of American ideals. It was designed by John R. Sinnock. It includes the following elements:
- A flaming torch, symbolizing freedom.
- On either side of the torch are an olive branch and an oak branch, symbolizing peace and strength.
- The motto “E PLURIBUS UNUM” is inscribed.
- The coin has “UNITED STATES OF AMERICA” and “ONE DIME” inscribed on the edges.
Why are Full Torch dimes so rare?
The rarest version of the 1983-P Roosevelt dime is the coin with the “Full Torch” design. This design is valid when the vertical and horizontal bars of the torch are formed in completely clear and sharp lines. However, such coins were produced in extremely limited quantities in 1983, so today they are considered extremely rare and collectible.
Market Value of 1983-P Roosevelt Dime
The value of a 1983-P Roosevelt dime depends on its condition and design. Its possible market values are as follows:
- Circulated coins: If the coin has been in common circulation, it is worth around $1 (about Rs 80).
- Uncirculated coins: If the coin has been preserved without any wear, it can be worth up to $6 (about Rs 500).
- Graded coins: If the coin is graded by certified agencies like PCGS or NGC, it can be worth a lot more, especially if it has the “full torch” design.
Tips for collecting the 1983-P Roosevelt dime
If you want to collect this rare coin, keep the following in mind:
- Buy certified coins: Always prefer coins certified by PCGS or NGC to ensure their authenticity and quality.
- Note the full torch design: If you find a coin with the “full torch” design, it can be more valuable than other common coins.
- Check the strike quality: If the coin is clear and has good strike quality (sharp details), it will be more collectible.
Conclusion
The 1983-P Roosevelt dime is an important part of American coin history and should be given more recognition by collectors. This coin is extremely special because of its design, rarity, and market value. If you are a coin collecting enthusiast, this dime should definitely be a part of your collection.
FAQs On The 1983-P Roosevelt Dime: A Collector’s Essential Guide
Q. Why is the 1983-P Roosevelt dime so special?
A. This coin was minted during the U.S. Mint’s transition period and was not issued in uncirculated sets, making it more rare.
Q. What is a coin with a full torch design?
A. The full torch design means that all of the vertical and horizontal bars of the torch on the coin’s reverse are clear and fully developed. This design is extremely rare in the 1983-P dime.
Q. What is the current value of the 1983-P Roosevelt dime?
A. Common circulated coins are worth around $1, while uncirculated coins in good condition can be worth up to $6. Graded coins can be worth much more.