2022 Roosevelt Dime Value Guide
Find out what your 2022 Roosevelt Dime is worth. Complete price guide for 2022-P, 2022-D, 2022-S Clad Proof, and 2022-S Silver Proof — including Full Bands premiums and current market values as of January 2026.
Most 2022 Roosevelt Dimes are worth $0.10 (face value). In top certified grades with Full Bands, values reach $700–$1,000.
- Circulated (P or D): Face value — $0.10
- Uncirculated MS65–MS66:$2.00–$5.00
- MS67 Full Bands (P or D):$15–$25
- MS68 Full Bands (D):$25–$50
- MS69 Full Bands (2022-P — the King):$700–$1,000
- Silver Proof PR70 DCAM (2022-S):$50–$80
Value hinges on mint mark, grade, and whether the reverse torch has Full Bands (FB) — the critical strike quality designation for Roosevelt Dimes. See full value chart →
The 2022 Roosevelt Dime is part of the longest-running unchanged U.S. coin design, first issued in 1946 as a tribute to President Franklin D. Roosevelt. In 2022, the Philadelphia and Denver Mints combined to strike over 3.1 billion dimes — one of the highest annual outputs in the series — responding to post-pandemic demand for circulating coinage. For most people, a 2022 dime is worth ten cents. But for the condition-obsessed numismatist, a single gem-quality example with Full Bands on the torch can command prices hundreds of times face value. This guide covers all non-error 2022 dime variants: business strikes from Philadelphia (P) and Denver (D), and collector proof issues from San Francisco (S). For a complete series history and multi-year values, visit the Roosevelt Dime Value Guide. For off-center strikes, wrong planchet errors, and die varieties, see our 2022 Dime Errors Guide.
2022 Roosevelt Dime — obverse (left) showing Roosevelt's portrait, date, and mint mark; reverse (right) with the central torch, olive branch, and oak branch. The torch bands are the primary strike quality diagnostic.
2022 Dime Composition & Melt Value
The 2022 Roosevelt Dime was produced in two entirely different metallurgical formats — a standard cupronickel clad for circulation and standard proofs, and a .999 fine silver version for the Silver Proof Set. Understanding the difference is essential for determining both numismatic and intrinsic value.
Clad Composition (2022-P, 2022-D, and 2022-S Clad Proof)
The standard circulating dime and the 2022-S Clad Proof use the cupronickel "Johnson Sandwich" composition introduced in 1965. Per U.S. Mint official coin specifications, the clad dime weighs 2.268 grams. The outer layers of 75% copper and 25% nickel give the coin its silver-white appearance, while the 100% copper core is visible as a reddish-brown stripe along the coin's edge — the fastest visual method to distinguish a clad dime from a silver proof. The melt value of a clad dime is negligible and below face value; circulated 2022-P and 2022-D examples hold no bullion interest whatsoever.
Silver Proof Composition (2022-S Silver Proof)
Since 2019, the U.S. Mint has struck its silver proof coinage in .999 fine silver, upgrading from the historical .900 fine standard. The 2022-S Silver Proof dime contains a minimum of 0.079 troy oz of silver. At a spot price of $30/oz, the melt value is approximately $2.37. As silver prices fluctuate, this bullion floor changes — track current spot prices at JM Bullion's live silver price chart. The melt value acts as a price floor for the raw silver proof, supporting values well above face even in lower grades.
ℹ️ The 2022 Weight Listing Change
In 2022, the Mint altered the weight listed on Certificates of Authenticity for silver proof sets, switching from a nominal gram figure (~2.537 g) to a troy ounce figure of 0.079 troy oz (approximately 2.457 g). As Coin World reported, this reflected a shift to listing the minimum guaranteed silver content rather than the average nominal weight — the physical coin did not shrink. A 2022-S silver dime feels and weighs the same as a 2021 example.
Edge comparison: the clad dime (left) reveals a reddish-brown copper core stripe between the silver-white outer layers; the .999 silver proof (right) shows a solid, uniform bright silver edge with no copper visible.
⚠️ "Silver Proof Set" Misconception
Not every coin in the U.S. Mint Silver Proof Set is struck in silver. The nickel and cent in those sets remain standard cupronickel and zinc-core composition. Only specific denominations — including the dime — are struck in .999 fine silver. A 2022-S nickel from a Silver Proof Set is not a silver coin.
2022 Dime Value Chart by Mint Mark & Grade
The value of a 2022 Roosevelt Dime is determined by three factors: the mint mark (P, D, or S), the numerical grade on the Sheldon 1–70 scale, and — most critically for business strikes — whether the reverse torch carries the Full Bands (FB) designation at PCGS or the Full Torch (FT) designation at NGC. These two terms describe the same criterion: complete, unbroken separation between the horizontal bands on the torch. Values below reflect estimated market prices as of January 2026.
Full Bands diagnostic on the 2022 Roosevelt Dime torch: the FB/FT coin (left) shows complete separation between all horizontal band pairs; the non-FB coin (right) shows "bridging" where bands merge at center — disqualifying the coin from the Full Bands designation. (Illustration — not a photo of your exact coin)
2022-P Dime Value (Philadelphia)
Philadelphia struck 1,551,000,000 dimes in 2022. The high-speed production environment at Philadelphia contributed to above-average die wear, making gem-quality Full Bands specimens extremely scarce. The 2022-P MS69 FB is the undisputed centerpiece of the entire 2022 issue. Mintage data referenced from Roosevelt dime mintage figures on Wikipedia and CoinMintages.com.
| Grade | Market Value | Notes |
|---|---|---|
| Circulated (G–AU) | $0.10 | Face value; 1.55 billion minted — no numismatic value |
| MS65–MS66 | $2.00–$5.00 | Low collector demand; bulk lots common |
| MS67 FB | $15.00–$25.00 | Entry-level collector grade; findable in Mint Sets |
| MS68 FB | — | Not specifically documented in available sources for P-mint |
| MS69 FB | $700–$1,000 | Extreme condition rarity; estimated single-digit population. Auction record: $700 realized at PCGS, February 2023. Registry Set bidding drives this tier. |
💡 The MS68→MS69 Value Cliff
The jump from MS68 FB to MS69 FB represents a 14×–20× value increase. This cliff is driven by Registry Set competition: a collector holding the only MS69 example effectively blocks all competitors from achieving a perfect set, creating a bidding war dynamic unique to condition rarities with near-zero population.
2022-D Dime Value (Denver)
Denver struck 1,583,000,000 dimes in 2022 — the highest of any mint that year. Denver is associated with marginally better average strike quality than Philadelphia for the 2022 issue, which is why MS68 FB examples are more accessible from Denver than from Philadelphia. Full price guide data for the 2022-D is tracked by PCGS CoinFacts (2022-D), NGC Coin Explorer (2022-D), and PriceCharting (2022-D).
| Grade | Market Value | Notes |
|---|---|---|
| Circulated (G–AU) | $0.10 | Face value only |
| MS67 FB | $15.00–$25.00 | Entry-level collector grade; combined P/D market value |
| MS68 FB | $25.00–$50.00 | NGC current retail: ~$25. More accessible than P-mint equivalent due to better Denver strike quality. |
| MS68 FB — First Day of Issue | $400–$500 | Label premium only — no physical difference from standard MS68 FB. Auction record: $495 realized at PCGS, March 2023. |
| MS69 (auction reference) | $124 | August 2022 auction sale; significantly below the P-mint MS69 record, reflecting both the earlier sale date and Denver's deeper high-grade population. |
2022-S Clad Proof Dime Value
The San Francisco Mint produced an estimated ~400,000 2022-S Clad Proof dimes, sold as part of the annual Clad Proof Set. Struck on mirror-polished planchets with laser-frosted devices and individually handled, these coins achieve PR69 DCAM or higher at extremely high rates. Proof dimes are graded on the PR scale, not MS.
| Grade | Market Value | Notes |
|---|---|---|
| PR69 DCAM | $10.00–$15.00 | Standard modern proof grade; deep populations keep value modest |
| PR70 DCAM | $20.00–$30.00 | Flawless under 10× magnification; stable moderate demand |
2022-S Silver Proof Dime Value
With an estimated mintage of approximately 245,600, the 2022-S Silver Proof is the scarcest non-error 2022 dime by production volume and the only one with meaningful bullion value. Sold exclusively in the U.S. Mint Silver Proof Set, virtually all examples were preserved in protective lenses immediately upon purchase. Proof mintage context referenced from RooseveltDimes.net Proof Roosevelt Dimes.
2022-S Silver Proof Roosevelt Dime showing Deep Cameo (DCAM) contrast — frosted, brilliant-white devices against mirror-polished fields. This distinguishes proof coins visually from business strikes.
| Grade / Condition | Market Value | Notes |
|---|---|---|
| Ungraded (in original Mint lens) | $20.00–$30.00 | Bullion floor + collector premium from set packaging |
| PR69 DCAM | $30.00–$45.00 | Standard grade for silver proofs; stable market |
| PR70 DCAM | $50.00–$80.00 | Silver content + grade perfection creates double demand from numismatists and silver stackers alike; more price stability than MS69 business strikes |
Unlike the MS69 business strike market — which is dominated by Registry Set bidders and subject to dramatic swings if population rises — the PR70 DCAM silver proof benefits from a broader base of both collector and bullion demand, creating a more stable long-term market.
Values represent typical market prices as of January 2026. For the complete series price guide, see our Roosevelt Dime Value Guide.
Most Valuable 2022 Dime Varieties
The 2022 Roosevelt Dime has no major die variety or hub change — there is no 2022 equivalent of the famous 1982 No-P Dime. Value above the baseline is driven entirely by strike quality and certification label designations, not physical die varieties.
Full Bands (FB) / Full Torch (FT) — The Primary Value Driver
The most consequential non-error distinction for the 2022 dime is the Full Bands (FB) designation at PCGS and the equivalent Full Torch (FT) designation at NGC. Both terms describe the same criterion: the two sets of horizontal bands binding the central torch on the reverse must show complete, unbroken separation across their full width — both the upper pair and the lower pair. On 2022 business strikes, the high-speed press environment caused frequent die wear at the torch center, producing "bridging" where the two bands merge into an indistinct central mass. A coin with crisp FB/FT at MS67 can be worth $15–$25 versus a few dollars for a non-FB example of the same numerical grade. At MS68, the multiplier increases significantly. The 2022-P MS69 FB — the rarest non-error 2022 dime — reached $700 at auction in February 2023.
Grade comparison for 2022 Roosevelt Dime business strikes: MS65 (scattered contact marks on cheek and fields), MS67 FB (gem quality, clean cheek, fully split bands), MS68 FB (superb gem, blazing luster, virtually flawless under 10× magnification). (Illustration — not a photo of your exact coin)
First Strike & First Day of Issue Labels
PCGS designates coins received within the first 30 days of release as "First Strike"; NGC uses "Early Releases." The variant known as "First Day of Issue" represents an even narrower submission window. These are label designations, not physical differences in the coin's metal, strike, or dies. The 2022-D MS68 FB First Day of Issue demonstrated the extreme premium these labels can generate: a realized price of approximately $495 in March 2023 — nearly ten times the value of the same coin without the label. Whether this premium holds long-term depends entirely on collector appetite for the label novelty rather than any inherent scarcity of the coin itself.
Confirmed: No Satin Finish Variant for 2022
From 2005 to 2010, the Mint produced "Satin Finish" coins for Uncirculated Mint Sets, creating distinct collectible sub-varieties identifiable by their non-cartwheel, matte-like surfaces. The 2022 Uncirculated Coin Set contains standard Brilliant Finish coins only — no Satin Finish variant exists for the 2022 Roosevelt Dime. Mint Set coins for 2022 are physically identical in finish to circulation strikes, though they are generally struck with slightly higher pressure and handled more carefully, making them the primary hunting ground for MS67 and MS68 candidates.
2022 Roosevelt Dime Identification Guide
Use this four-step guide to identify exactly which 2022 dime you have and whether it is worth grading.
Step 1 — Find the Mint Mark
2022 Roosevelt Dime mint mark location — the P, D, or S appears in the lower right field of the obverse, between the date and the rim.
On all 2022 Roosevelt Dimes, the mint mark is on the obverse (heads side), in the lower right field, between the date "2022" and the rim, just below and to the right of the neck truncation bearing Sinnock's "JS" initials:
- P — Philadelphia: 1,551,000,000 struck. Common in circulation. Higher rate of die wear than Denver for this year.
- D — Denver: 1,583,000,000 struck. Common in circulation. Marginally better average strike quality than Philadelphia in 2022.
- S — San Francisco: Proof coins only — clad proof (~400,000 estimated) and silver proof (~245,600 estimated). Never released into general circulation; sold in Proof Sets only.
Step 2 — Business Strike or Proof?
Business strike (left) shows natural cartwheel luster when tilted; proof (right) shows mirror-flat fields with frosted white devices — the Deep Cameo (DCAM) contrast unique to proof coins. (Illustration — not a photo of your exact coin)
If your dime carries an S mint mark, it is a proof. Distinguish the types:
- Business Strike (P or D): Natural "cartwheel" swirling luster when tilted under a single-point light source. Fields may show bag marks from bulk production.
- Clad Proof (S): Deeply mirrored fields with frosted, brilliant-white devices. Copper stripe clearly visible on the edge. Struck on a cupronickel planchet.
- Silver Proof (S): Same mirror/frost Deep Cameo appearance as the clad proof, but the edge is solid, uniform bright silver with no copper stripe whatsoever. Slightly heavier than a clad dime (approximately 2.457–2.537 g vs. 2.268 g for clad).
Step 3 — Check the Full Bands (Business Strikes Only)
Turn the coin to the reverse and examine the central torch under 5–10× magnification. Two sets of horizontal bands bind the torch body — one pair near the top, one near the bottom. For the Full Bands (FB) or Full Torch (FT) designation:
- Both the upper AND lower band pairs must show a complete, unbroken dividing line running from one edge to the other.
- There must be no "bridging" — the two band surfaces must not merge into an indistinct mass at the center.
If the bands are not fully split on both pairs, do not submit the coin for grading. Market premiums for non-FB modern dimes are minimal, and grading costs will exceed the coin's value below MS68.
Step 4 — Inspect the "JS" Initials as a Triage Signal
Sinnock's initials "JS" appear at the base of Roosevelt's neck truncation on the obverse. On 2022 business strikes, die erosion frequently rendered these initials faint or incomplete. A coin with a sharp, distinct "JS" is often the first indicator of a potential high-grade candidate — if the die was fresh enough to render these fine details crisply, it may also have struck the torch bands cleanly.
30-Second Triage Checklist
- Is it circulated or showing wear? → Worth $0.10. Done.
- Is the mint mark S? → Proof coin. Check the edge: copper stripe (clad) or solid silver (silver proof).
- Under magnification: are both sets of torch bands fully split? → If no, the coin has minimal collector value above a few dollars. If yes, continue.
- Is the cheek flawless and the field free of contact marks under 5× magnification? → Only submit for grading if you are confident the coin will grade MS68 or higher; grading costs exceed the value of anything below that threshold.
⚠️ Never Clean Your Coin
Cleaning — even light rinsing or wiping — permanently destroys the original luster of a business strike and the mirror fields of a proof, resulting in a "Details" grade designation. A cleaned coin has little collector value regardless of its underlying quality. Additionally, the .999 silver of the Silver Proof is highly reactive to sulfur compounds; if removing a silver proof from its Mint lens, place it immediately in an inert capsule. The copper-nickel of business strikes is also susceptible to developing carbon spots from microscopic environmental contaminants.
2022 Roosevelt Dime Value FAQs
What is a 2022 dime worth?
A circulated 2022-P or 2022-D dime is worth exactly $0.10 — face value. An uncirculated business strike in MS65–MS66 is worth approximately $2.00–$5.00. A gem-quality MS67 with Full Bands runs $15–$25. The most valuable standard 2022 dime is the 2022-P in MS69 Full Bands, which realized $700 at auction in February 2023, with an estimated market range of $700–$1,000 for that tier.
Is my 2022 dime silver?
Almost certainly not. The 2022-P and 2022-D dimes found in circulation are cupronickel clad — 91.67% copper and 8.33% nickel — with zero precious metal content. The only silver 2022 dime is the 2022-S Silver Proof, struck in .999 fine silver and sold exclusively in U.S. Mint Silver Proof Sets. The fastest test: examine the edge. A clad dime shows a reddish-brown copper stripe between the outer silver-white layers; a silver proof has a completely uniform, bright silver edge with no copper visible. A P or D mint mark confirms the coin is clad.
What makes a 2022 dime valuable?
Three factors drive value above face: (1) Grade — the coin must be uncirculated and free of significant contact marks, especially on Roosevelt's cheek and the obverse fields; (2) Full Bands (FB) / Full Torch (FT) — both sets of horizontal bands on the reverse torch must show complete, unbroken separation; (3) Certification label — "First Strike" or "First Day of Issue" labels from PCGS or NGC add an additional premium on already high-grade certified coins. All three factors together are required to push a 2022 dime into the $100+ range.
What does "Full Bands" or "Full Torch" mean on a Roosevelt Dime?
"Full Bands" (PCGS terminology) and "Full Torch" (NGC terminology) refer to the same strike quality criterion: both the upper and lower sets of horizontal bands on the reverse torch must show complete, unbroken separation across their full width. On 2022 business strikes, high-speed production caused frequent die deterioration at the torch center, making this designation relatively scarce in high grades. An MS67 dime with Full Bands is worth $15–$25; the same grade without Full Bands carries a fraction of that value.
Should I get my 2022 dime graded?
Only if you are highly confident it will grade MS68 or higher with Full Bands. Grading, shipping, and handling fees from major services typically exceed $30–$40 per coin. An MS67 FB is worth approximately $15–$25, meaning a submission at that outcome loses money. Pre-screen rigorously under 10× magnification: Full Bands must be complete, and Roosevelt's cheek and the obverse fields must show no significant contact marks. Source your candidates from U.S. Mint Uncirculated Coin Sets — bank rolls and counting machines damage rims and high points, eliminating any chance of gem grades.
What is a 2022-S Silver Proof dime worth?
An ungraded 2022-S Silver Proof still in its original Mint lens is worth approximately $20–$30. In PR69 DCAM, expect $30–$45. A perfect PR70 DCAM commands $50–$80. The coin contains a minimum of 0.079 troy oz of .999 fine silver, so its value tracks the silver spot price as a bullion floor. With an estimated mintage of approximately 245,600, it is the scarcest 2022 dime by production volume — but nearly all were preserved in protective packaging, keeping high-grade populations deep and preventing dramatic price spikes.
What is a "First Day of Issue" dime and is the premium worth it?
A "First Day of Issue" designation is applied by PCGS to coins received for grading within a very narrow window around the official release date. It is a label designation only — the coin is physically identical to any other specimen of the same grade. The 2022-D MS68 FB with First Day of Issue labeling sold for approximately $495 in March 2023, versus $25–$50 for the same grade without the label. Whether that ~10× premium is sustainable long-term is a matter of collector philosophy; the coin's metal and strike are unchanged by the label.
Is the rarest 2022 dime really from Philadelphia, not Denver?
Yes — by condition, not by total mintage. Denver actually struck more 2022 dimes (1.583 billion) than Philadelphia (1.551 billion). The rarity premium for the P-mint reflects Philadelphia's production environment in 2022, which yielded a higher rate of die wear and contact marks, making gem Full Bands specimens statistically harder to produce. The result: the 2022-P MS69 FB reached $700 at auction, while a 2022-D MS69 realized $124 in an earlier August 2022 sale — a gap that reflects both the relative scarcity and the earlier, less competitive market for the D coin.
Is there a Satin Finish variant of the 2022 dime?
No. The U.S. Mint produced Satin Finish coins for Uncirculated Mint Sets from 2005 to 2010, creating distinct sub-varieties for those years. The 2022 Uncirculated Coin Set contains standard Brilliant Finish coins only — there is no Satin Finish variant for the 2022 Roosevelt Dime. Mint Set coins are the best source for high-grade candidates, but their surface finish is the same as circulation strikes.
Methodology & Sources
Values in this guide reflect estimated market prices as of January 2026, compiled from the following primary numismatic market sources:
- PCGS CoinFacts — 2022-P Roosevelt Dime (price guide and auction records)
- PCGS CoinFacts — 2022-D Roosevelt Dime (price guide and auction records)
- PCGS CoinFacts — 2022-D First Day of Issue FB (specific auction record)
- NGC Coin Explorer — 2022-D Roosevelt Dime (retail price and population data)
- U.S. Mint Official Coin Specifications (composition, weight, diameter)
- Roosevelt Dime Mintage Figures — Wikipedia (2022 business strike production totals)
- CoinMintages.com — Roosevelt Dime Mintage (mintage reference)
- Coin World — Mint Official Explains Weight Differences for Silver Proof Set (2022 silver weight reporting change)
- RooseveltDimes.net — Proof Roosevelt Dimes (proof mintage and market context)
- PriceCharting — 2022-D Roosevelt Dime (secondary market price tracking)
All values are estimates. Coin markets fluctuate; always verify current prices on PCGS CoinFacts or NGC Coin Explorer before buying or selling. Proof mintage figures for the 2022-S issues are estimates based on sales data reported through late 2023. Errors and die varieties (wrong planchet strikes, off-center coins, etc.) are outside the scope of this guide — see our 2022 Dime Errors Guide for those variants.
A note on images: To help illustrate coin diagnostics and rare varieties — especially complex errors that are difficult to describe in text alone — this guide uses AI-generated images. All written values, diagnostics, and variety attributions have been manually reviewed against the cited sources above. While our editorial team works to ensure every image is accurate and helpful, AI-generated illustrations may occasionally misrepresent fine details. If you spot any discrepancy between an image and its written description, please contact us or leave a comment below — we review all feedback and correct errors promptly. Numismatic knowledge is a community effort, and your input helps us build a more accurate resource for everyone.
