The 1958 Roosevelt Dime with no mint mark is worth anywhere from around $2 in worn condition to $30 or more in uncirculated grades — and if you’re lucky enough to have a gem example, it could push even higher. If you found one of these silver dimes in an old jar or collection, you’re in the right place.
What Is the 1958 Roosevelt Dime and Why No Mint Mark?
The 1958 Roosevelt Dime with no mint mark was struck at the Philadelphia Mint. Back then, the Philadelphia Mint didn’t add a mint mark to its coins — that tradition only changed later in 1980. So if your 1958 dime has no mint mark on the reverse near the torch, it simply means it was made in Philadelphia, not that it’s a rare error coin.
This is one of the most common questions coin beginners ask, and it’s totally understandable. The Philadelphia Mint produced over 31 million of these dimes in 1958, making them relatively available today. However, “common” doesn’t always mean worthless. The real value lies in the condition of the coin.
These dimes are made of 90% silver, which already gives them a base melt value. As of recent silver prices, the silver melt value of a 1958 Roosevelt Dime is roughly $1.50 to $2.00. Even a heavily circulated coin is worth at least that. If you want to quickly identify and assess your coin, using the best coin identifier app on your phone is a fast and reliable first step before heading to a dealer.
1958 Roosevelt Dime Value by Condition
Coin condition — also called “grade” — is everything when it comes to value. Collectors use a scale from 1 to 70, where higher numbers mean better condition. Here’s a breakdown of what you can typically expect to get for a 1958 Roosevelt Dime with no mint mark depending on its grade:
| Grade | Condition Description | Estimated Value |
|---|---|---|
| Good (G-4) | Heavy wear, design visible | $1.75 – $2.50 |
| Fine (F-12) | Moderate wear, details clear | $2.00 – $3.00 |
| Extremely Fine (EF-40) | Light wear on high points | $3.00 – $5.00 |
| About Uncirculated (AU-55) | Slight friction, mostly sharp | $5.00 – $10.00 |
| Mint State (MS-63) | Uncirculated, minor marks | $12.00 – $18.00 |
| Gem Mint State (MS-65) | Full luster, sharp strike | $25.00 – $40.00+ |
For real-time auction data and certified sale prices, you can check out the latest 1958 Roosevelt Dime price data in mint state grades to see what examples are actually selling for right now.
Silver Content and Melt Value of the 1958 Dime
One thing that makes any pre-1965 Roosevelt Dime special is the silver. The U.S. Mint used 90% silver and 10% copper in dimes until 1964. That means your 1958 dime contains about 0.07234 troy ounces of pure silver.
With silver prices fluctuating between $22 and $28 per ounce in recent years, that gives every 1958 Roosevelt Dime a base melt value of roughly $1.60 to $2.00 — even if it’s beat up and barely recognizable. In other words, it’s never truly worthless.
Silver coin collectors and stackers often seek out rolls of these old dimes specifically for their silver content. If you have a bag of old dimes, sorting out the pre-1965 ones is definitely worth your time.
CoinHix makes it easy to track live silver prices and estimate your coin’s current melt value right from your smartphone. It’s a handy tool for any beginner or casual collector who wants quick answers without having to dig through price guides.
Are Any 1958 Roosevelt Dimes Rare or Valuable Errors?
Most 1958 Roosevelt Dimes with no mint mark are common coins, but there are a few things to look for that could bump up the value significantly.
Full Bands (FB): On the reverse of the dime, there’s a torch design with horizontal bands in the middle. If those bands are fully separated and sharply defined, the coin is labeled “Full Bands.” A 1958 Philadelphia dime in MS-65 Full Bands can be worth $80 to $150 or more at auction.
Repunched dates or die varieties: Some 1958 dimes show doubling on the date or lettering due to a repunched die. These are niche collector items, but they do trade at a premium.
Proof coins: The Philadelphia Mint also produced proof versions of the 1958 dime for collectors. These have mirror-like fields and sharp details. A 1958 proof dime can be worth $10 to $30+ depending on its grade.
You can explore a complete breakdown of 1958 dime values across all grades and varieties to see exactly where your coin fits in the collector market.
How to Get the Best Price for Your 1958 Roosevelt Dime
If you think you’ve got a nice uncirculated example or a Full Bands coin, here are a few tips to maximize what you get:
– Get it graded by PCGS or NGC if it looks gem quality. Professional grading can dramatically increase buyer confidence and sale price.
– Sell on eBay or through a coin auction to reach the largest pool of buyers.
– Use CoinHix to compare recent sales and get a realistic sense of what your coin is worth before you sell. CoinHix pulls live market data so you’re never flying blind.
– Avoid cleaning your coin. Even a light wipe can reduce value significantly. Leave it as-is.
Frequently Asked Questions
Q: Is a 1958 Roosevelt Dime with no mint mark worth anything?
A: Yes, it is. Even in poor condition, it’s worth at least its silver melt value — usually around $1.75 to $2.00. In uncirculated condition, it can be worth $12 to $40 or more.
Q: Why does my 1958 dime have no mint mark?
A: Coins minted in Philadelphia before 1980 did not carry a mint mark. A missing mint mark on a 1958 dime simply means it was struck at the Philadelphia Mint — it’s not an error.
Q: What makes a 1958 Roosevelt Dime more valuable?
A: The main factors are grade (condition), Full Bands designation on the reverse torch, and whether it’s a proof coin. A high-grade Full Bands example can be worth $100 or more compared to just a few dollars for a circulated coin.