1972 P GEM BU ROOSEVELT DIME BRILLIANT UNCIRCULATED US GOVERNMENT SEALED US COIN
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1972 P GEM BU ROOSEVELT DIME BRILLIANT UNCIRCULATED US GOVERNMENT SEALED US COIN:
$2.00
About Franklin D. Roosevelt (1946–present)
Soon after the death of President Franklin D. Roosevelt in 1945, legislation was introduced by Virginia Congressman Ralph H. Daughton that called for the replacement of the Mercury dime with one bearing Roosevelt\'s image.[16] The dime was chosen to honor Roosevelt partly due to his efforts in the founding of the National Foundation for Infantile Paralysis (later renamed the March of Dimes), which originally raised money for polio research and to aid victims of the disease and their families.[17]Due to the limited amount of time available to design the new coin, the Roosevelt dime was the first regular-issue U.S. coin designed by a Mint employee in more than 40 years. Chief Engraver John R. Sinnock was chosen, as he had already designed a Mint presidential medal of Roosevelt.[16] Sinnock\'s first design, submitted on October 12, 1945, was rejected, but a subsequent one was accepted on January 6, 1946.[18] The dime was released to the public on January 30, 1946, which would have been Roosevelt\'s 64th birthday.[19] Sinnock\'s design placed his initials (\"JS\") at the base of Roosevelt\'s neck, on the coin\'s obverse. His reverse design elements of a torch, olive branch, and oak branch symbolized, respectively, liberty, peace, and strength.[18]Controversy immediately ensued, as strong anti-Communist sentiment in the United States led to the circulation of rumors that the \"JS\" engraved on the coin was the initials of Joseph Stalin, placed there by a Soviet agent in the mint.[16][20][21] The Mint quickly issued a statement denying this, confirming that the initials were indeed Sinnock\'s. The same rumor arose after the release of the Sinnock designed Franklin half dollar in April 1948.
The plaque of Roosevelt at the Recorder of Deeds Building in Washington, D.C.Another controversy surrounding Sinnock\'s design involves his image of Roosevelt. Soon after the coin\'s release, it was claimed that Sinnock borrowed his design of Roosevelt from a bas relief created by African American sculptor Selma Burke, unveiled at the Recorder of Deeds Building in Washington, D.C. in September 1945. Sinnock denied this and stated that he simply utilized his earlier design on the Roosevelt medal.[16]With the passage of the Coinage Act of 1965, the composition of the dime changed from 90 percent silver and 10 percent copper to a clad \"sandwich\" of pure copper inner layer between two outer layers of cupronickel (75% copper, 25% nickel) alloy[22] giving a total composition of 91.67% Cu and 8.33% Ni. This composition was selected because it gave similar mass (now 2.268 grams instead of 2.5 grams) and electrical properties (important in vending machines)—and most importantly, because it contained no precious metal.Since 1946 the Roosevelt dime has been minted every year. Through 1955, all three mints, Philadelphia, Denver, and San Francisco produced circulating coinage; production at San Francisco ended in 1955, resuming in 1968 with proof coinage only. Through 1964 \"D\" and \"S\" mintmarks can be found to the left of the torch. From 1968, the mintmarks have appeared above the date. None were used in 1965–67, and Philadelphia did not show a mintmark until 1980 (in 1982, an error left the \"P\" off a small number of dimes, which are now valuable). To commemorate the 50th anniversary of the design, the 1996 mint sets included a \"W\" mintmarked dime made at the West Point Mint.[18] A total of 1,457,000 dimes were issued in the sets, making it the lowest mintage Roosevelt dime up to that time.[23] Since then, the \"P\" mint mark 2015 reverse proof dime and \"W\" mint mark 2015 proof dime, minted at Philadelphia and West Point for inclusion in the March of Dimes collector set,[24] have the lowest mintages with 75,000 pieces struck for each.
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1972 P GEM BU ROOSEVELT DIME BRILLIANT UNCIRCULATED US GOVERNMENT SEALED US COIN:
$2.00