The 1987-S Roosevelt Dime Proof: Is It Worth More Than Face Value?

The 1987-S Roosevelt Dime Proof is a high-quality collector’s coin struck by the San Francisco Mint. As part of the United States Proof Set, this dime features a sharp, mirror-like finish with frosted details, making it stand out from regular circulation coins.

Although not rare, proof coins like the 1987-S Roosevelt Dime hold value for collectors due to their superior craftsmanship and limited mintage. In this guide, we’ll explore the coin’s history, specifications, value, and collector appeal.

History of the Roosevelt Dime

The Roosevelt Dime was first introduced in 1946, shortly after the death of President Franklin D. Roosevelt. The U.S. Mint decided to honor Roosevelt, who played a key role in founding the March of Dimes, a charity dedicated to fighting polio.

Designed by John R. Sinnock, the Roosevelt Dime has remained largely unchanged since its debut. While early versions contained 90% silver, by 1965, the U.S. Mint switched to a copper-nickel clad composition to cut costs.

The 1987-S Roosevelt Dime Proof was struck exclusively for collectors and was never released into circulation.

1987-S Roosevelt Dime Proof Specifications

  • Mint: San Francisco (S mintmark)
  • Composition: Copper-nickel clad (75% copper, 25% nickel over a pure copper core)
  • Weight: 2.27 grams
  • Diameter: 17.91 mm
  • Edge: Reeded
  • Obverse (Front): Features Franklin D. Roosevelt’s profile, designed by John R. Sinnock
  • Reverse (Back): Displays a torch, olive branch, and oak branch, symbolizing liberty, peace, and strength
  • Mintage: 3,792,233 coins

How Much Is the 1987-S Roosevelt Dime Proof Worth?

Since the 1987-S Roosevelt Dime was only released in proof sets, most of these coins remain in excellent condition. Their value depends on their grade and visual appeal.

Typical Values Based on Grade:

  • PR65 (Basic Proof Condition): $1 – $3
  • PR67 – PR68 (High-Quality Proofs): $5 – $10
  • PR69 Deep Cameo (Near Flawless): $12 – $20
  • PR70 Deep Cameo (Perfect Grade): $50 – $150

1987-S Roosevelt Dime Errors and Varieties

Although proof coins undergo strict quality control, some errors occasionally occur:

  1. Double Die Obverse (DDO): Some dimes may show doubling on the date or lettering, increasing their value.
  2. Cameo and Deep Cameo Differences: Coins with strong frosted devices and mirror-like backgrounds are more desirable.
  3. Struck Through Errors: If a foreign object (like grease) interferes with the strike, it can create a unique and valuable error.

Conclusion

The 1987-S Roosevelt Dime Proof may not be a rare coin, but it remains a valuable piece for collectors due to its superior strike, deep cameo finish, and historical significance. While most examples sell for a few dollars, perfect PR70 specimens and error coins can command much higher prices. If you’re a proof coin collector, this dime is a great addition to your set!

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