In the world of numismatics, error coins hold a special place due to their rarity and the fascination they inspire among collectors. Recently, two rare error dimes sold for a staggering $850,000 at auction, proving that even small coins can bring big paydays. If you’re curious about what makes these dimes so valuable and how you can spot one, this guide will give you the details you need to start your treasure hunt.
1968-S No-S Proof Roosevelt Dime
This coin is a proof dime minted in San Francisco, but it lacks the “S” mintmark that should appear under the date. The missing “S” is a minting error, making this dime incredibly rare. Only a few examples exist, making it a sought-after prize for collectors. A flawless example of this coin was recently sold for over $400,000, with its pristine condition and rarity driving up the price.
1975 No-S Proof Roosevelt Dime
Similar to the 1968-S dime, this coin was also struck without the expected “S” mintmark. This error is even rarer than the 1968-S version, with only two examples known to exist. Its historical significance and extreme scarcity make it one of the most valuable dimes ever minted. One of these coins fetched an impressive $450,000 at auction, highlighting its status as a numismatic treasure.
These two error dimes, the 1968-S No-S Proof and the 1975 No-S Proof, demonstrate the value that rare minting mistakes can bring to collectors. While the chances of finding one are slim, knowing what to look for could lead to a life-changing discovery. Check your change, inspect inherited collections, and keep an eye out for these incredible error coins—you might just strike gold!
FAQ’s:
1. What is a mint error, and why are error coins valuable?
A mint error occurs when a coin is incorrectly struck or features a design flaw, making it unique. Their rarity often makes them highly collectible and valuable.
2. How can I identify a No-S Proof dime?
These dimes lack the “S” mintmark, which is typically found below the year on proof coins from the San Francisco Mint.
3. Are error coins always valuable?
Not all error coins are worth thousands, but rare and well-documented errors, like the No-S Proof dimes, can fetch significant sums.
4. How can I confirm if I have a valuable error dime?
Have your coin authenticated and graded by a professional service like PCGS or NGC to determine its value and rarity.
5. Where can I sell a valuable error coin?
You can sell rare error coins through numismatic auctions, online platforms like Heritage Auctions, or to reputable coin dealers.
