The 1967 Dime Value Guide

The 1967 SMS Deep Cameo dime is the undisputed crown jewel of the entire 1967 Roosevelt dime series. DCAM stands for Deep Cameo — the highest designation assigned to Special Mint Set coins when the frosted raised design elements (Roosevelt's portrait, the torch, and all lettering) contrast dramatically against deeply reflective, mirror-dark fields. This effect occurs only when a freshly polished die strikes early in its production cycle: the acid-frosted surfaces on the devices produce the brilliant white-against-black contrast, but the frosting wears away after the die has been used for several strikes.

PCGS has confirmed only two examples graded SP-68 Deep Cameo with one graded finer, making the absolute top of the 1967 dime market genuinely rare. The 1963 SMS sets were struck at San Francisco using polished dies and specially prepared planchets, but the DCAM designation requires both the contrast and exceptional preservation. GreatCollections alone has sold 27 examples of the 1967 SMS DCAM across grades SP-67 to SP-69, with prices ranging from $188 to $10,069 — demonstrating the enormous range of values within this rare designation based on grade alone. The PCGS Price Guide as of November 2026 values an SP-68 DCAM at $6,000 to $8,750, with the all-time auction record of $9,988 set at Heritage Auctions in January 2014.

Distinguishing a true DCAM from a standard or Cameo SMS coin requires careful examination under good lighting. Tilt the coin: if the fields appear completely jet-black and the portrait appears brilliantly frosted or cream-white, the coin is a strong DCAM candidate. Standard proofs without cameo contrast show uniform reflective surfaces without the dramatic two-tone effect. Submit any suspected DCAM to PCGS or NGC for authentication — the premium over a standard SMS coin at the same grade can be thousands of dollars.

The Full Bands (FB) designation — called Full Torch (FT) by NGC — is the single most impactful premium feature on a 1967 business strike Roosevelt dime. The torch on the reverse features two pairs of horizontal bands tying the torch staves together: an upper band pair and a lower band pair. Full Bands requires that both pairs show complete, unbroken separation — the horizontal lines must run cleanly from one side of the torch to the other without any weakness, merging, or interruption. This is far harder to achieve than it sounds.

The Philadelphia Mint struck over 2.24 billion 1967 dimes at extremely high speed, which meant that many dies were used well past their prime and that striking pressure was not always sufficient to fully fill the bands. The torch bands are one of the deepest relief areas of the reverse design, making them the most demanding area to fully strike. Even coins that appear perfectly struck in other details often show weakly defined or partially merged torch bands on close inspection. PCGS reports that Full Bands examples are very scarce even among high-grade coins, and the population drops sharply above MS-67 FB.

The confirmed auction record for a 1967 MS-68 FB business strike is $1,440 at Heritage Auctions in April 2020 — confirmed directly by PCGS CoinFacts. An MS-66 FB example sold for $288 at Heritage in 2019. At MS-65 to MS-66, Full Bands examples bring $40 to $80 versus $8 to $15 for standard strikes. The premium grows exponentially at higher grades. PCGS has confirmed a very small number of MS-68 FB examples, making this the top of the attainable market for business strike 1967 dime collectors.

The Doubled Die Obverse (DDO) on 1967 Roosevelt dimes occurs during the die manufacturing process when the hub strikes the die multiple times in slightly misaligned positions. This permanently embeds a ghost-like doubled image in the die, which then transfers to every coin struck from that die. On 1967 business strikes, the massive Philadelphia production run using high-speed presses created conditions where die-making errors could reach circulation. The doubling on 1967 DDO examples most commonly appears in the motto "IN GOD WE TRUST" on the left side of the obverse and in the date digits.

Genuine DDO examples show rounded, three-dimensional doubling where both the primary and doubled image elements appear raised equally from the coin's surface. This is fundamentally different from machine doubling — a common surface distortion produced during the striking process — where the secondary impression is flat, shelf-like, and adds no collector value. Confirming a true DDO requires examining the motto and date under 5× to 10× magnification and comparing to verified reference photographs. The most valuable DDO examples show strong doubling in multiple areas of the motto that is clearly visible without needing extreme magnification.

Market values for 1967 DDO examples are well-documented. Minor doubling adds $5 to $25 to face value in circulated grades. Stronger examples in MS-65 grade have sold for $75 to $120 at auction. The most notable confirmed sale was a 1967 Roosevelt Dime DDO graded AU-53 that sold for $600 in 2019, as documented by coinvalueapp.com. DDO examples in higher Mint State grades with confirmed strong doubling can command $200 to $600 or more depending on the prominence and attribution of the variety.

The missing clad layer error occurs when a 1967 Roosevelt dime planchet enters the striking press with one of its copper-nickel outer layers absent or incompletely bonded. The standard 1967 dime composition consists of a pure copper core sandwiched between outer layers of 75% copper and 25% nickel — it is this nickel-rich outer layer that gives the coin its silver-like appearance. When that outer layer is missing on one face during the minting process, the coin is struck with the copper core exposed, producing a face that appears distinctly copper-red or penny-colored rather than the expected silver-grey.

This error is produced during the planchet preparation stage, before the coin reaches the striking press. Incomplete bonding or defective clad strips occasionally allowed planchets with missing outer layers to pass through quality control and enter the coin production process. The error is dramatic and immediately visible to the naked eye — one face of the dime looks like a penny while the other appears normal. Missing obverse clad layer examples (where the front showing Roosevelt's portrait is copper-red) are generally considered slightly more desirable than reverse clad layer errors because the portrait side is the face collectors most closely examine.

Values for 1967 missing clad layer dimes are well documented across multiple sources. Examples typically sell for $60 to $150 depending on which face is affected and the overall condition of the coin. Coins with the missing layer on the obverse can command slightly higher prices due to their striking visual impact when the copper-red Roosevelt portrait is presented against the normal silver-grey reverse. Condition still affects value — uncirculated missing clad layer examples in grades above MS-60 command premium prices over circulated specimens with the same error.

Off-center strike errors on 1967 Roosevelt dimes occur when the planchet is not properly centered under the die at the moment of striking. When the coin blank is positioned off to one side, the striking dies make contact with only part of the planchet, producing a coin where the design appears shifted to one side with a blank, unstruck crescent of metal on the opposite side. The larger the blank crescent area — expressed as a percentage of the coin's total diameter — the more dramatic the error and the higher its collector value.

Philadelphia's massive 1967 production of over 2.24 billion dimes at high industrial speeds meant that feeding mechanisms occasionally allowed planchets to enter the press slightly mispositioned. Most of these mispositioned strikes were caught and rejected during quality control, but some made it through into distribution. Off-center strikes are categorized by their percentage: a 10% off-center strike shows a small sliver of blank space on one edge, while a 50% off-center example shows half the coin design missing. The critical collector requirement for maximum value is that the date — 1967 — must remain visible on the struck portion of the coin, allowing the error to be attributed to the correct year.

Values for 1967 off-center dimes are well-established. A 10% off-center example with the full date visible commands $40 to $80. More dramatic 25% off-center examples can reach $100 to $200. A spectacular 50% off-center 1967 dime sold for $432 in 2018 at auction, as documented by coinvalueapp.com. Coins with 50% to 55% off-center strikes that retain a visible date — a combination that maximizes both drama and attributability — typically bring $30 to $100 in typical circulated grades, with uncirculated examples bringing meaningful premiums.