The smallest of the U.S. coins is inscribed with the words, “ONE DIME”, but that’s not it’s original name. It used to be called the disme!
The use of this coin was first authorized by the Coinage Act of 1792. It has featured designs of the female figure of Liberty in various poses. Since 1946, the dime’s design shows Franklin D. Roosevelt facing left. After his death, it was decided to honor Roosevelt this way due to his support of the March of Dimes for three decades.
The other characteristics of the 10 cent coin include:
- Franklin D. Roosevelt
- “IN GOD WE TRUST”
- “P” or “D” – Made in either the Philadelphia or Denver mint facility
- Year – When the coin was minted
- In order, it shows an olive branch, torch, and oak branch which symbolizes, respectively, peace, liberty, and strength & independence.
- “UNITED STATES OF AMERICA”
- “E PLURIBUS UNUM” – Latin for “Out of many, one”
- “ONE DIME”
Though it is the smallest coin in diameter, width, and weight, it is not the least valuable.
What is a dime worth?
The “ONE CENT” coin, also known as the penny, is larger than the dime, but is worth less than it. One dime is equal to 10 cents.
Two “FIVE CENTS” coins (aka nickel) add up to make 10 cents.
The dime is so small because it was originally made of 1/10th of the silver in a dollar bill. Thus, ten of them make a whole dollar.
Why is 10 cents called a dime?
Originally, a dime was called the Old French word “disme” meaning tenth. It derives from the Latin term “decima”. The name fits because a dime is 1/10th of a dollar. Eventually, the “s” was dropped and it became the dime.
What is a rare dime?
In 2006, a dime was sold at an auction in Tampa, Florida for $1,997,500. It is the 1894-S dime that was minted in San Francisco. This particular coin is rare because only 24 of its kind were made.
Check your piggy banks! There are various other coins in circulation that could be somewhere in your home!
According to CoinTrackers, some of the most valuable dimes are the 1874 CC Liberty Seated, 1872 CC Liberty Seated, 1871 CC Liberty Seated, 1873 CC Liberty Seated Dime, and 1916 D Mercury.
10 Cents Coin Value
In other countries, a dime would equal other amounts. Every country has its own currency and they have different worths.
For example, 10 cents in USD is about equal to a 10 euro cent coin (EUR) that is used in various countries. However, 0.10 USD is equal to about 7.6 Indian rupees (INR) because it has more worth.