It may not look like it at first glance, but this dime is an important part of American history. It’s made of gold — and not just any gold, but 24-karat gold.
This kind of coin was actually hard to make: the Mint had to take extreme care with it since any sort of a scratch would turn the coin into brass rather than gold.
And because they were so expensive to produce, there weren’t very many minted in total: only 1001 ever saw the light of day! Now that you know more about these rare coins, you might be itching for an opportunity to get your hands on one.
How much is a 1989 gold dime worth?
Well, their value is dependent on several factors:
1. The condition of the coin.
Just like with regular coins, the minting quality of a gold dime plays a big role in its collectibility and price. If it has been well taken care of (meaning that there are few or no scratches and dents), expect to spend upwards of $100.
If you’re dealing with a tarnished dime, you can probably get away for around 1/5th that amount — but don’t be surprised if someone else tries to offer you even less!
2. The year it was minted.
Since the only 1001 gold dimes were produced in 1989, it’s not hard to see why a coin from that year would be more valuable than one from 1990 or 1992.
If you can find a 1989 dime in excellent condition, expect to pay quite a lot for it!
3. The type of coin holder it is in
The coins within the same collection could have different values depending on whether they’re placed in special holders. For example, a coin from 1989 in a capsule would be worth significantly less than the same one in an album.
4. The condition of the coin holder.
In the same way that coin holders have a different effect on the value of each coin, so do they on the value of the collection as a whole. If you’ve got a mint-condition rare dime in a case and it’s surrounded by other coins that look like they were only worth about 1/10th of what you paid for them, you might be better off selling the entire collection and investing all your money elsewhere.
5. The size of the collection.
As you’ve probably already figured out by now, the value of a single coin depends on all those factors listed above — but it also has an effect on its value when it comes to your collection as a whole.
If you have a complete set of all the gold dimes minted in 1989, and they’re in mint condition, this would be enough to significantly raise their value above that of other coins from the same year.
But if you’ve got a few loose coins from an old collection that’s been gathering dust for years, they may not be worth very much at all.
6. The popularity of the collection.
While the value of any particular gold dime may be more than you think, the value of a whole set will often be less. Basically, think about it like this: Imagine that there are only 100 of a certain kind of Dime in the whole world. They’re worth a lot because each one is completely unique and really valuable — and although there are only 100 of them in existence, they’re spread out amongst 100 different collections.
Do gold dimes have value?
Depending on how much you paid for them and how well they’ve been cared for, gold dimes can have a lot of value when it comes to the coin collecting world.
That being said, they really aren’t the kind of coins that collectors are clamoring to get their hands on. While a collector may not pass up the chance to buy a collection that included one, he or she would be more interested in completing an incomplete set than adding another one to it.
what to do with the 1989 gold dime?
If you’re looking to collect gold dimes, you might be better off sticking to the later years of this coin series. Although, if there are any in mint condition, they might be worth more than a regular dime of the same value.
As with all rare coins, it’s wise to keep records of any and all information about them — including their values — and if you do decide to sell them, make sure that they’re not just being sold on a whim!
There are people out there who see a rare coin and think that they could get rich by buying it — and there are also those who will take advantage of people like that.
Conclusion on 1989 Gold Dime
While there have been gold coins minted in this year since 1989, these are very rare. As a result, they’re fascinating to collectors because each one is completely unique.
The early versions of the coin were only produced up until the year 1995, but after that they were only made as bullion for use in gold bars.
There are 40 gold dimes out there with a value of at least $100, and most of them were minted from 1989 to 1992. There are approximately only 100 of them worth more than $500 total — and not many of these were actually minted at the US Mint in Denver, CO (which is where the majority of 1990-dated gold dimes are found).