Some coins achieve legendary status due to their rarity and unique history, and the 1975 Roosevelt Dime without a mint mark is one of them.
Valued at an astonishing $500,000, this dime has become a coveted piece among collectors and numismatists.
While most dimes minted in 1975 carry a mint mark, this special variant’s absence of one makes it a true gem. Let’s delve into the details of what makes this dime so unique and why it commands such a high price.
What Is the 1975 Roosevelt Dime Without a Mint Mark?
The Roosevelt Dime, first introduced in 1946, features President Franklin D. Roosevelt on the obverse and a torch, oak branch, and olive branch on the reverse, symbolizing liberty, peace, and strength.
Typically, dimes minted in Philadelphia, Denver, and San Francisco bear their respective mint marks (P, D, or S).
The 1975 Roosevelt Dime without a mint mark, however, stands out because it was struck in San Francisco but mistakenly left without the “S” mint mark during production.
Why Is the 1975 No-S Roosevelt Dime So Valuable?
Several factors contribute to the $500,000 valuation of this rare dime:
1. Minting Error
The missing “S” mint mark on dimes struck in San Francisco was a production oversight, making this dime an error coin. These types of mistakes are incredibly rare, especially in modern coinage.
2. Limited Availability
Only two examples of the 1975 No-S Roosevelt Dime are known to exist, making it one of the rarest U.S. coins.
3. Condition
Both known examples are in proof condition, meaning they were specially struck for collectors with a mirror-like finish and sharp details. Their pristine state adds significant value.
4. Auction Records
One of these dimes sold at auction for $456,000 in 2019, with experts estimating its current value at $500,000 or more.
How Was This Error Discovered?
The 1975 No-S Dime was part of a Proof Set, which includes coins struck with special care for collectors. When collectors noticed the missing mint mark on the dime in their sets, the error gained widespread attention.
| Feature | Details |
|---|---|
| Year | 1975 |
| Mint | San Francisco (intended to have “S” mint mark) |
| Error | Missing mint mark |
| Known Examples | 2 |
| Estimated Value | $500,000 |
| Condition | Proof |
How to Spot a Rare 1975 No-S Dime
If you suspect you might have a 1975 No-S Dime, here are some tips to verify its authenticity:
- Check the Mint Mark:
- Inspect the coin’s obverse side near the date. If there is no mint mark, you might have a rare coin.
- Verify Proof Condition:
- Proof coins have a shiny, mirror-like surface with frosted designs.
- Professional Grading:
- Have the coin authenticated and graded by a reputable service like PCGS or NGC to confirm its value.
The 1975 Roosevelt Dime without a mint mark is an extraordinary piece of numismatic history. Its rarity, minting error, and impeccable condition contribute to its impressive $500,000 valuation.
Whether you’re a seasoned collector or a beginner, stories like this remind us that treasures can be hidden in the most unexpected places.
Take a closer look at your coin collection or proof sets—who knows, you might just stumble upon a fortune!
FAQs
How many 1975 No-S Roosevelt Dimes exist?
Only two examples are known to exist, making it one of the rarest error coins in U.S. history.
What is the value of a 1975 No-S Dime?
The coin is valued at $500,000, with previous auction records reaching $456,000.
How can I confirm the authenticity of my dime?
Have it authenticated and graded by professional services like PCGS or NGC to ensure it’s a genuine No-S Dime.
