Ancient history

What is the value of a pure silver dime from 1940?

Silver dimes were minted in the United States from 1892 to 1964. Although the Coinage Act of 1965 allowed for the minting of silver dimes, none were produced after 1964 due to the rising price of silver. The value of a pure silver dime from 1940 depends on its condition and rarity.

1940 Silver Dimes:

- Composition: 90% silver, 10% copper

- Weight: 2.5 grams (0.08 ounce)

- Diameter: 17.9 millimeters (0.705 inch)

- Thickness: 1.35 millimeters (0.053 inch)

According to the numismatic website CoinTrackers.com, the melt value of a 1940 silver dime is currently around $1.20. However, the actual value of the coin can vary depending on its condition and rarity.

Factors that affect the value of a 1940 silver dime:

- Condition: The overall condition of the coin, including any wear or damage, will affect its value. Coins in mint state (MS) or near-mint state (AU) are more valuable than those that are worn or damaged.

- Rarity: Some 1940 silver dimes are rarer than others due to lower mintage numbers or special mint marks. Rare coins are more valuable than common coins.

- Numismatic value: Collectors may be willing to pay a premium for coins that have numismatic value, such as those with unique errors or distinctive markings.

To determine the exact value of a 1940 silver dime, it's best to consult with a professional numismatist or use an online coin grading service.