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- Product ID: 7097
The dime is the smallest and thinnest coin, in all of the US coins minted, that was authorized by the Coinage Act of 1792 . Among US currency, there was a strong desire for a smaller denomination of the US dollar. The Seated Liberty dime was the first dime to contain 90% silver in its alloy structure; before that, the dime's silver content was slight below the 90% line. The Roosevelt dime is the most current design in US coinage. President Franklin Roosevelt passed away in 1945 and sooner after, a legislation was introduced to update the dime's design and feature the beloved late president. By honoring Roosevelt, with a dime named after him, his efforts of funding the cure for polio would be remembered forever. Until 1965, the Roosevelt dime contained 90% silver, 10% copper.
The 2008-S Proof Roosevelt Silver Dime contains 90% silver and was minted by the San Francisco Mint. The Proof Roosevelt Dimes were initially minted in 1950, 4 years after the release of the first BU Roosevelt Dime. Then, in 1968, the San Francisco Mint accepted responsibility for the production of the Proof Roosevelt Dimes. Opened in 1854, the San Francisco Mint still stands today as the second oldest operating mint in the US. Initially, the San Francisco Mint was opened, due to the California Gold Rush, to provide a place for prospectors to turn in their gold for actual coinage. In just its first year of production, the San Francisco Mint turned $4 billion of gold into coins. The San Francisco Mint carries a couple of endearing nicknames, such as the Old United States Mint or the Granite Lady (even though the building is actually made from sandstone). The San Francisco Mint withstood the Earthquake of 1906 and was able to maintain production until it moved to its current facility, in 1937. Nowadays, the San Francisco Mint produces mostly proof coinage, such as the US Proof Sets. The San Francisco Mint's signature is a "S" mint-mark.