Last Updated on August 24, 2022
Known as the Roosevelt dimes, the 1987 design 1987 is one of the most special ones. The dime was minted in millions of coins and circulated within the economy. As a result, every collector loves to have this coin in their possession.
If you are among such collectors, then there are many things you should learn about the coin. Here are some things you should be aware of.
How Much Is A 1987 Dime Worth?
The 1987 dime with P and D mintmarks is worth around its face value in every condition. However, in uncirculated conditions with MS65, the value can be up to $3 for the P mintmark dime.
On the other hand, you can get the dime in about $4 with D mintmark if in uncirculated MS65 grade condition.
The 1987 dimes with S mintmark produced in San Francisco were made only as proof coins. This is because the San Francisco mint didn’t produce any coins to circulate in the economy. Therefore, each proof coin of the 1987 dime is worth around $4.
|1987 P Dime
|1987 S Dime
|1987 D Dime
Is 1987 Dime Worth Keeping?
Every collector thinks that when they are to decide about collecting a coin. But unfortunately, the 1987 dime is comparatively new and will be considered recent in the antique collection. This may be one of the reasons why it doesn’t have any high value.
But that doesn’t mean it is not worth collecting. This is the best time when you will find a high-condition dime. With years passing, the dimes in high condition will start getting rare. This is when you will see a boost in the price.
Therefore, if you already have the dime, it will earn you some good profit. But don’t sell the coin in haste. Keep it with you as long as you can. Every year the price will increase depending on other factors as well.
What Is The Metal Composition of 1987 Dime?
1987, many things in the coins were changed, and metal composition was one of them. Before 1965 the dimes were made of 90% silver and 10% copper.
However, the 1987 dime comprises 75% copper and just 25% nickel. This was due to the rising prices of silver and led the Federal Reserve to take such a decision. The metal composition change didn’t leave any melt value for the clad-composition coins.
That could also be one of the reasons why a dime is not worth more than its face value.
What Is JS Engraving On The Obverse Side of 1987 Dime?
Looking closely at the portrait of President Roosevelt on the obverse side, you will see two initials ‘JS’ engraved. Many people think this is a part of the mintmark or something associated with it. However, that is not the case.
The JS engravings were made to pay tribute to the designer of this coin. The designer, John R Sinnock, was one of the most famous ones that contributed to the US mintage. Of all the designs submitted as the options, Sinnock’s design was selected for the 1987 dime.
What Are The Specifications of 1987 Dime?
Understanding the specifications of the 1987 dime will help you get to know it better. The specifications cover information such as diameter, weight, and edge types. In addition, you are aware of the metal composition that we discussed.
The 1987 dime is 17.9mm in diameter and around 2.27 grams in weight. The edges are reeded and not smooth. This information will greatly help you consider getting a 1987 dime.
Make sure to match the coin properly and match every single detail. That will help you ensure that you got yourself the right coin. However, it would be best if an expert accompanied you.
That will help you check the condition of the coin. In addition, the expert will help you negotiate for the coin you were looking for.
Where Is The Mintmark Present on 1987 Dime?
The mintmark is present on all variants of the 1987 dime. If you look closely at the coin’s obverse side, you can see the mintmark on the right side.
It is present under the neck of the portrait. However, the mintmark is above engraved on a bit higher side. It will be either P, D, or S. These three are the mintmarks.