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It's not a dime. It's a 3-cent piece. That odd denomination was issued for many years, as well as a $3.00 coin, to simplify the purchase of postage stamps that cost 3¢ at that time. There were also 2 different types of 3¢ coin, one made of nickel and one made of silver. The picture of Miss Liberty means you have the variety that's made from nickel. It's moderately valuable - as of 02/2009 retail prices are approximately: very worn - $15 moderately worn - $20 slightly worn - $28 almost no wear - $40

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Q: What is the value of an 1868 US dime with III on the back?
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What is the value of a 1865 dime in fair condition with three bars on back of coin?

Remember Roman numerals? "III" means 3, so you have a 3-cent coin, not a dime. It's an obsolete denomination that was issued to make it easier to buy postage stamps, way back when they only cost three cents.There's more information at the Related Question.


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