Design Features: The 1983-P Roosevelt Dime features a portrait of President Franklin D. Roosevelt on the obverse, designed by John R. Sinnock, and a torch, olive branch, and oak branch on the reverse, symbolizing liberty, peace, and strength.
Mintmark Significance: The "P" mintmark indicates that the coin was minted in Philadelphia. Coins from the Philadelphia mint are often more common than those from other mints, but certain years and conditions can still make them valuable.
Composition: The 1983-P Roosevelt Dime is made of a copper-nickel clad composition, with 91.67% copper and 8.33% nickel, weighing 2.27 grams. This makes it different from earlier dimes made of 90% silver.
Mintage: The mintage of the 1983-P Roosevelt Dime was over 1.3 billion coins, which makes it a common coin in circulation, but still an essential piece in collections due to its design and historical value.
Grading and Condition: The value of the 1983-P Roosevelt Dime greatly depends on its condition. Coins in excellent grades, such as MS67 or higher, can command higher prices, while those in lower grades (AG or VG) are worth closer to face value.
Value Fluctuations: While the 1983-P Roosevelt Dime is not rare, its value can fluctuate based on collector interest and coin condition. In typical circulated condition, it may be worth just a few cents above face value.
Silver vs. Clad: While earlier Roosevelt dimes were made of 90% silver, the 1983-P dime was struck from a copper-nickel clad composition, making it less valuable for its metal content, but still important for numismatic purposes.
The 1983-P is an important part of a complete collection, but may not have the same value as rarer dates or higher-grade specimens.