United States dimes minted in 1964 and earlier contained 90% silver and 10% copper. These coins are often referred to as “silver dimes.” The composition changed in 1965, when the U.S. Mint switched to a clad composition of copper and nickel, eliminating silver from the circulating dime.
The intrinsic value of these older dimes, due to their silver content, often exceeds their face value, making them attractive to collectors and investors. This precious metal content provides a tangible asset that can serve as a hedge against inflation and economic uncertainty. The historical context relates to the rising cost of silver and the U.S. government’s decision to remove silver from circulating coinage.
