The 1983-P Roosevelt Dime holds a special place in numismatic history, representing a transition period for the U.S. Mint.
Despite its high mintage, this coin presents unique challenges and opportunities for collectors, mainly due to the scarcity of high-quality specimens and the elusive Full Torch (FT) designation.
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Historical Context Of 1983-P Roosevelt Dime
In 1983, the U.S. Mint was focused on producing commemorative coins for the 1984 Summer Olympics in Los Angeles. As a result, the Mint suspended the production of standard uncirculated coin sets for the second consecutive year.
This suspension made it difficult for collectors to acquire pristine examples of regular-issue coins like the 1983-P Roosevelt Dime. Circulating coins from this period often exhibited poor detail and subpar finishes, increasing the desirability of well-preserved specimens among collectors.
Design Details Of 1983-P Roosevelt Dime
The 1983-P Roosevelt Dime continues the design introduced in 1946 to honor President Franklin D. Roosevelt.
Obverse Design
- Features a left-facing portrait of President Roosevelt.
- “LIBERTY” is inscribed to the left of the portrait.
- “IN GOD WE TRUST” appears below the chin.
- The date “1983” and the mintmark “P” are located near Roosevelt’s neck.
Reverse Design
- Designed by John R. Sinnock, the reverse symbolizes American ideals.
- Central elements include a torch (representing liberty), an olive branch (peace), and an oak branch (strength).
- The motto “E PLURIBUS UNUM” (“Out of many, one”) is inscribed.
- Surrounding inscriptions read “UNITED STATES OF AMERICA” and “ONE DIME.”
Rarity of Full Torch Dimes
The Full Torch (FT) designation is highly coveted among collectors. It signifies that both the vertical and horizontal lines of the torch on the reverse are fully defined and exhibit sharp detail.
For the 1983-P Roosevelt Dime, such specimens are particularly rare due to the Mint’s production challenges during that period, making FT examples especially valuable.
Market Value
The value of a 1983-P Roosevelt Dime varies based on its condition and features:
| Condition | Approximate Value |
|---|---|
| Circulated | Around $1 |
| Uncirculated | Approximately $6 |
| Graded (with FT) | Significantly higher, depending on grade |
Collecting Tips
- Seek Certified Coins: Opt for coins graded by professional services like PCGS or NGC to ensure authenticity and quality.
- Prioritize Full Torch Specimens: FT dimes are scarce and command higher premiums.
- Assess Strike Quality: Coins with sharp, well-defined details are more desirable and may receive higher grades.
In conclusion, the 1983-P Roosevelt Dime is a noteworthy piece for collectors, reflecting a unique era in U.S. Mint history. Its design, coupled with the challenges in obtaining high-quality specimens, makes it a valuable addition to any numismatic collection.
FAQs
What makes the 1983-P Roosevelt Dime special for collectors?
The 1983-P Roosevelt Dime is notable due to the U.S. Mint’s suspension of uncirculated coin sets in 1982 and 1983, making high-quality specimens harder to find. Additionally, the rarity of Full Torch examples adds to its desirability.
How can I identify a Full Torch (FT) Roosevelt Dime?
An FT designation indicates that both the vertical and horizontal lines of the torch on the reverse side are fully defined and exhibit sharp detail. Careful examination or professional grading can confirm this feature.
Are uncirculated 1983-P Roosevelt Dimes valuable?
Yes, uncirculated specimens typically command higher prices than circulated ones, with values around $6. Graded uncirculated coins, especially those with the FT designation, can be worth significantly more.
