Could a dime in your pocket be worth $950,000? It’s not a myth—certain rare and error dimes have fetched jaw-dropping prices at auctions. These coins, sometimes mistakenly released into circulation or preserved in proof sets, are treasures hiding in plain sight. One of the most notable examples is the elusive 1975 No-S Roosevelt dime, a coin that has captivated collectors and numismatists alike. Read on to learn about this extraordinary coin, why it’s worth so much, and how you can identify if you have one in your possession.
The $950,000 Dime: The 1975 No-S Roosevelt Dime
The 1975 No-S Roosevelt dime is one of the rarest coins in U.S. history. It was intended to be a proof coin minted in San Francisco, meaning it should bear the “S” mintmark. However, due to a minting error, a small number of these dimes were struck without the “S” mintmark and mistakenly included in proof sets sold to collectors.
Only two examples of this error have been confirmed, making the 1975 No-S Roosevelt dime exceptionally rare and highly sought after. The coin’s value has soared over the years, with one example selling for $456,000 in 2019. Experts estimate that a near-perfect specimen could now fetch as much as $950,000 at auction.
If you own a 1975 proof set, carefully examine the dime for the absence of the “S” mintmark near Roosevelt’s neck. This tiny detail could transform your dime into a life-changing windfall.
The 1975 No-S Roosevelt dime serves as a reminder of the incredible value that can lie hidden in small, everyday objects. With only two confirmed examples, this coin is the ultimate find for collectors and represents the pinnacle of error coin collecting. Whether you’re a seasoned numismatist or someone with a box of old coins gathering dust, it’s worth checking your collection—you just might uncover a $950,000 treasure.
FAQ’s:
1. Why is the 1975 No-S Roosevelt dime so valuable?
Its extreme rarity, with only two known examples, and its status as a mint error make it highly desirable among collectors, driving its value to nearly $950,000.
2. How can I identify the 1975 No-S Roosevelt dime?
Look for a 1975 proof dime missing the “S” mintmark near Roosevelt’s neck. These coins are found in 1975 proof sets, not in general circulation.
3. Where can I sell a 1975 No-S Roosevelt dime?
Such a rare coin should be sold through a high-profile auction house, where collectors and investors bid competitively.
4. Are there other valuable error dimes to look for?
Yes, coins like the 1968 No-S and 1983 No-S Roosevelt dimes also fetch high prices, although they are less valuable than the 1975 No-S dime.
5. What should I do if I think I have a rare dime?
Submit your coin to a professional grading service like PCGS or NGC for authentication, grading, and valuation. This step is crucial before selling your coin.
