1958 Roosevelt Dime Value No Mint Mark: History & Grading

The 1958 Roosevelt Dime is worth anywhere from $2.50 in worn condition to over $600 in ultra-rare mint state grades. While most circulated examples represent their silver melt value, finding one with exceptional luster or a specific minting error can mean a significant payday for an everyday collector.

Condition	Approximate Value
Circulated (G-4 to EF-40)	$2.00 – $3.50 (Silver Value)
About Uncirculated (AU-50)	$4.00 – $6.00
Mint State (MS-60 to MS-65)	$8.00 – $35.00
Superb Gem (MS-67+)	$150.00 – $850.00+

How to Identify a 1958 No Mint Mark Roosevelt Dime

If you just emptied your piggy bank or found a silver coin in your change, the first thing you should do is check the date and look for a mint mark. In 1958, the Philadelphia Mint produced 31,957,400 Roosevelt dimes. Unlike coins from Denver, which feature a small “D” above the torch on the reverse side, Philadelphia coins have no mint mark. For many beginners, using the top coin identifier and value app is the quickest way to confirm the origin of their find and get an instant estimate of its rarity.

The 1958 dime is highly sought after today because it is composed of 90% silver and 10% copper. This gives it a “melt value” that is significantly higher than its face value of ten cents. Even if the coin is scratched, worn, or dark, it is still worth its weight in silver. When using CoinKnow, you can track current silver spot prices to see how they impact your collection in real-time. This helps you decide whether to sell now or hold for the future.

While over 31 million might seem like a high number, it is actually a relatively low mintage compared to later years. Many of these coins were melted down in the 1960s and 70s when silver prices spiked, making well-preserved uncirculated examples harder to come by than you might expect. Finding one in your pocket change is rare, but searching through old estate jars or coin folders often turns up these silver treasures.

Grading the 1958 Roosevelt Dime for Maximum Value

The value of your 1958 dime is heavily dependent on its “grade,” which measures the amount of wear and tear on the surface. Collectors use a 1 to 70 scale, where 1 is barely recognizable and 70 is perfection. For most people, the difference between a coin worth $3 and one worth $300 comes down to the details in Franklin D. Roosevelt’s hair or the clarity of the vertical lines on the torch on the reverse side.

If your coin looks shiny and brand new, it is likely in “Mint State” condition. To determine if your coin reaches the upper tiers of pricing, you can check the 1958 No Mint Mark dime price charts for Mint State grades. Coins that have never been spent and retain their original “cartwheel” luster are the ones that command premium prices at auctions and coin shops.

Grade Designation	Key Visual Indicators
Good (G-4)	Legends and date are clear, but the design is heavily worn.
Extremely Fine (EF-40)	Slight wear on the high points of FDR’s hair and the torch.
Mint State (MS-63)	No wear, though some light contact marks or scratches may exist.
MS-67 Full Bands	Full separation in the horizontal bands on the reverse torch.

The Significance of “Full Bands” on the Roosevelt Dime

For serious collectors of Roosevelt dimes, the ultimate goal is to find a coin with “Full Bands” (FB). This refers to the horizontal bands at the top and bottom of the torch on the reverse side of the coin. Because these are the deepest parts of the coin die, they are often weakly struck. A coin with sharp, fully separated bands is considered a masterpiece of minting and can increase the coin’s value by five or ten times.

When you use CoinKnow to scan your coins, pay close attention to the high-resolution images provided. If the lines across the torch are solid and unbroken, you might have a “Full Bands” 1958 dime. Most people overlook this detail, but for a professional grader, it is the difference between a $15 coin and a $150 coin. Understanding 1958 silver dime value and Full Band variations is essential for anyone looking to maximize their profit from a find.

Even without Full Bands, a 1958 Philadelphia dime is a beautiful piece of American history. It represents the post-war era of prosperity and the enduring legacy of President Roosevelt. If your coin has a rainbow-like tarnish, known as “toning,” it might even attract a special niche of collectors who pay extra for the unique colors caused by decades of oxidation in paper coin rolls.

Comparing the 1958 Philadelphia vs. 1958 Denver Dime

While we are focusing on the “No Mint Mark” version from Philadelphia, it is helpful to compare it to its sibling from Denver. In 1958, Denver minted over 136 million dimes, nearly four times as many as Philadelphia. Paradoxically, because many Denver rolls were saved by collectors, high-grade Philadelphia dimes are sometimes harder to find in the open market today.

Mint Facility	Mintage Quantity	Rarity in High Grade
Philadelphia (No Mark)	31,957,400	Moderately Rare in MS-67
Denver (D)	136,564,600	Common
Proof (Philadelphia)	875,652	Scarce (Sold in Sets)

Because the Philadelphia mintage was lower, some experts believe the 1958 No Mint Mark dime has better long-term growth potential for investors. If you are comparing your coins at home, CoinKnow can help you organize your collection by mint and grade, ensuring you know exactly which coins are the “key dates” or rarer varieties in your possession.

Common Errors Found on 1958 Roosevelt Dimes

Error coins are the “wild cards” of the numismatic world. Even a common 1958 dime can be worth hundreds of dollars if it was struck incorrectly by the U.S. Mint machinery. Some of the most common errors from this era include “double dies,” where the image appears blurry or doubled, and “off-center strikes,” where the coin looks like it was smashed to one side.

One particular error to look for is the “Clipped Planchet,” where the coin looks like a bite was taken out of it. Another is the “Die Crack,” where a small raised line of metal runs across the face of FDR. If you see something unusual on your coin, don’t clean it! Cleaning a coin with chemicals or a cloth can destroy its value. Instead, use an app or take it to a local coin shop to determine if the “flaw” is actually a valuable mistake.

The 1958 Proof Set dimes also provide an interesting opportunity. These were specially struck for collectors and have a mirror-like finish. If you find a 1958 dime that looks significantly shinier and sharper than a standard coin, it might be a proof that was removed from its original packaging and spent. These are always worth keeping and protecting in a plastic flip.

Factors That Influence 1958 Dime Market Value

The market for 1958 Roosevelt Dimes is influenced by three main factors: the price of silver, the rarity of the grade, and the demand from registry set collectors. Because these coins are 90% silver, they have a “floor” price that will never go below the current market rate for silver bullion. As the price of silver rises, so does the value of even the most worn-out 1958 dime.

However, the real excitement is in the MS-67 and MS-68 grades. Collectors who are building “perfect” sets of Roosevelt dimes will often bid against each other to get the highest-graded example possible. This is why a coin that looks nearly identical to another might sell for $500 more at an auction like Heritage Auctions or Stack’s Bowers.

If you are just starting out, the best way to learn is to look at as many coins as possible. Compare the “No Mint Mark” coins you find with online photos. Knowledge is power in the coin world, and knowing that your 1958 dime is more than just ten cents is the first step toward becoming a successful hobbyist.

FAQ

Q: Is a 1958 dime with no mint mark rare?

A: It is not “rare” in the sense that millions were made, but it is much harder to find in circulation today than modern dimes because of its 90% silver content. Most have been pulled from circulation by collectors or for their silver value.

Q: How much silver is in a 1958 Roosevelt dime?

A: Each 1958 dime contains 0.07234 troy ounces of pure silver. To find the “melt value,” you simply multiply the current spot price of silver by 0.07234.

Q: Where is the mint mark on a 1958 dime?

A: On the 1958 dime, the mint mark (if there is one) is located on the reverse side, near the bottom of the torch, just above the “E” in “ONE.” If there is no letter there, it was minted in Philadelphia.

Q: Should I clean my 1958 silver dime to make it worth more?

A: No! Never clean your coins. Collectors prefer original surfaces, even if they are dark or toned. Cleaning a coin creates microscopic scratches that will significantly reduce its grade and market value.

Q: What is the highest price ever paid for a 1958 No Mint Mark dime?

A: High-grade examples in MS-68 with Full Bands can sell for over $1,000 at major auctions. However, the average uncirculated coin usually sells for between $10 and $30.