We are pleased to offer for sale this 2018-P Roosevelt Dime Bank Wrapped Roll 50 Coins Gem BU. These 2018-P Roosevelt Dime coins are Brilliant Uncirculated (BU) and come in a Bank Wrapped Roll from the Philadelphia (P) Mint. All of our Roosevelt Dime BU coins have nice eye appeal and no major marks or visible problems and represent a great value for the price. These 2018 Dimes are of great worth to the collector who is looking to keep their Roosevelt Dime set up to date.
The Roosevelt Dime was released to the public on January 30th, 1946, which would have been Franklin D. Roosevelt's 64th birthday. The dime was chosen for honoring Roosevelt in large part because of his commitment to the National Foundation for Infant Paralysis, which was popularly known as the March of Dimes because of Roosevelt's encouragement that Americans send in one dime to fund the foundation.
The Roosevelt Dime was designed by mint engraver John R. Sinnock. The obverse of the coin features a profile view of Roosevelt, while the reverse features a torch, olive branch, and oak branch, which represent Liberty, Peace, and Victory respectively. The design caused some controversy when it was released, as anti-communist sentiment led to speculation that the initials JS appearing under Roosevelt's neck were a tribute to Joseph Stalin. In reality, they simply denoted that the coin had been designed by John Sinnock.
With the Coinage Act of 1965 the U.S. Government addressed the rising price of silver, which was nearing the point where the value of the silver in multiple denominations of coins was close to being higher than the face value of the coin. For the dime, this meant a change in composition from 90% silver and 10% copper to a cupronickel composition of copper and nickel. The resulting Roosevelt Dime was slightly lighter than the silver version, but maintained its size and electrical properties, which were key for ensuring the new dimes would function in existing vending machines and pay phones.
Don't miss out on this 2018-P Roosevelt Dime Bank Wrapped Roll 50 Coins Gem BU at this rare low price!