Expert: PAPAJACK - 3/1/2007

Question
Hello, today in my change I noticed an odd looking dime. It is from 1947, and it appears to be of a different metal than other dimes I have seen. Is this dime made of silver as they used to be, and, if so, how much is it worth?

Answer
Hello Dan,   

For a 90% silver coin it is presently about 8 times its face value.
These coins do have some value above their face. Only knowing the date, mintmark and grade can you arrive at a set value.  
Nobody throws away money. It seems to continue to change hands and be stored away. Although you might not realize it there are many, many old coins around.

Collectors have devised a numerical grading system for coins. It goes from 1 to 70. With 1 being barely identifiable as a coin and 70 being perfect. Coins taken from circulation usually fall between grade 8-VG (very Good) and grade 50 (AU Almost Uncirculated).  

At present it is valuable only in Mint State grades since it is a common coin. So depending on the grade and any damage to the coins (like having been cleaned, nicked, dented scratched etc.) it may only be worth the metal content.

Please remember to rate this answer at the bottom of this page. And check the nomination box on the rating page below any comments you may have.

Thank You and Good Luck

PapaJack