1949 Roosevelt Dime – The 1949 Roosevelt Dime is one of those coins that hides its true value behind a common appearance. At first glance, it may look like just another silver coin from post-World War II America. But collectors know that certain versions — especially those with “Full Bands” — can fetch thousands of dollars at auctions. In fact, a high-grade 1949 Roosevelt Dime with Full Bands detail has recently sold for more than $8,000. Whether you inherited an old coin collection or found a Roosevelt Dime in your loose change, understanding what makes this coin valuable could lead to an unexpected payday. Let’s explore what makes the 1949 Roosevelt Dime so rare, how to identify the “Full Bands” version, and what values collectors are currently paying.
Understanding the Roosevelt Dime: Quick Background
The Roosevelt Dime was first introduced in 1946 to honor President Franklin D. Roosevelt, who passed away in 1945. It replaced the Mercury Dime and has since become a staple in American pocket change.
Key Facts About the Roosevelt Dime Series:
- First released: 1946
- Composition (1946–1964): 90% silver, 10% copper
- Designer: John R. Sinnock
- Weight: 2.5 grams
- Mint marks: Philadelphia (no mark), Denver (D), San Francisco (S)
What Makes the 1949 Roosevelt Dime Valuable?
While most circulated 1949 dimes are worth only silver melt value (~$2), certain features — especially “Full Bands” on the torch — can push values into the thousands.
Factors That Influence Value:
- Full Bands designation
- High-grade condition (MS66 or higher)
- Mint mark (D and S versions tend to be more valuable)
- Rarity and low mintage numbers
What Are Full Bands on the Roosevelt Dime?
The term “Full Bands” (FB) refers to the horizontal bands that wrap around the torch on the reverse side of the dime. If these bands are fully struck and separated, the coin can receive the FB designation from grading services like PCGS or NGC.
How to Identify Full Bands:
| Detail | Description |
|---|---|
| Torch Bands | Look for two sets of horizontal bands |
| Clarity | Each band should appear fully struck |
| Separation | No blending between the upper and lower |
| Luster | Must have full mint luster (no wear) |
| No Weak Strikes | Weakly struck coins do not qualify |
1949 Roosevelt Dime Mintage & Rarity Chart
Let’s break down the mintage numbers and known rarity of Full Band specimens by mint mark.
Mintage Breakdown:
| Mint | Total Mintage | Known Full Bands | Estimated High Value (MS66FB+) |
|---|---|---|---|
| 1949 (Philadelphia) | 30,872,000 | Moderate rarity | $2,000–$4,500 |
| 1949-D (Denver) | 26,034,000 | High rarity | $3,500–$8,000+ |
| 1949-S (San Francisco) | 13,510,000 | Very high rarity | $5,000–$9,000+ |
Recent Auction Results of Full Bands 1949 Dimes
Coin collectors and auction houses track the sale of rare Roosevelt Dimes with Full Bands. Below are examples of what collectors paid in recent years.
Auction Examples:
| Grade | Mint Mark | Sale Price | Auction House | Year Sold |
|---|---|---|---|---|
| MS67FB | 1949-D | $8,225 | Heritage Auctions | 2023 |
| MS66FB | 1949-S | $5,500 | Stack’s Bowers | 2022 |
| MS67FB | 1949 | $3,600 | Great Collections | 2021 |
| MS66FB | 1949-D | $4,200 | Heritage Auctions | 2020 |
How to Check If You Have a Valuable 1949 Dime
Not every old dime is worth thousands, but you might strike gold if you know what to look for. Here’s how you can evaluate your 1949 Roosevelt Dime.
Step-by-Step Check:
- Check the Year: Must be 1949.
- Look for Mint Mark: Below the torch on the reverse (D or S is more valuable).
- Inspect Torch Bands: Use a magnifying glass to check for Full Band details.
- Assess Condition: No scratches, full shine, minimal contact marks.
- Get It Graded: Submit to PCGS/NGC for certification and official FB designation.
Tips to Preserve the Value of Your Roosevelt Dime
If you believe your coin is rare or valuable, avoid damaging it with improper handling.
Coin Preservation Tips:
- Avoid Touching the Surface: Hold the coin by its edges.
- Don’t Clean It: Cleaning can reduce its value.
- Use a Coin Flip: Store in a non-PVC flip or airtight capsule.
- Keep Away From Moisture: Store in a dry, cool place.
- Seek Professional Help: Get it appraised by certified dealers.
Should You Sell or Hold a 1949 Full Bands Dime?
This depends on market trends, your financial need, and personal goals. Coin values can fluctuate over time.
Things to Consider:
- Market demand for Roosevelt Dimes is rising.
- Supply of high-grade Full Bands dimes is limited.
- If graded and certified, you may get a high offer from collectors or auction houses.
The 1949 Roosevelt Dime might seem ordinary — but for coin collectors, the Full Bands variety holds serious value. With prices reaching over $8,000 for the finest examples, checking your pocket change or inherited collection could be more rewarding than expected. Just remember: the key to a high-value dime lies in the detail, the shine, and those crisp Full Bands on the torch. Don’t miss the opportunity to have your coins evaluated — the next jackpot could be sitting right in your drawer!
FAQs
Q1. What makes the 1949 Roosevelt Dime so valuable?
The Full Bands detail and high-grade condition make it rare and desirable among collectors.
Q2. Where is the mint mark located on a 1949 dime?
On the reverse, to the left of the torch, near the bottom.
Q3. Can I clean my old Roosevelt Dime before selling?
No, cleaning reduces numismatic value — always keep coins in their original condition.
Q4. How can I get my dime certified?
Submit your coin to grading services like PCGS or NGC through their official process.
Q5. Is the 1949-S dime more valuable than others?
Yes, the 1949-S Full Bands version is among the rarest and can be worth over $8,000.
