Collecting rare coins is a hobby that can turn into an investment plan that gives you good profits. Many rare and historically important coins are discovered by coin collectors (Numismatists). Today we will talk about some such special coins, some of which can change your fortune overnight. These include the 1894-S Barber Dime, 1916-D Mercury Dime, 1975 No-S Roosevelt Dime Proof and 1776-1976 Bicentennial coins.
1894-S Barber Dime
This coin is one of the rarest and most valuable coins in American history. Only 24 Barber dimes were made in 1894 and only 9 exist today. Its design is simple, but the story behind it makes it special. These coins are believed to have been minted as special gifts or to balance the Mint’s accounts.
According to a famous story, the daughter of the San Francisco Mint Superintendent spent one of these coins on buying ice cream. This coin is not only valuable to collectors, but it is also a rare piece of history. Today this coin has sold at auction for up to $2 million.
1916-D Mercury Dime
The 1916-D Mercury Dime is very popular among collectors due to its rarity. This coin was minted at the Denver Mint and only 2,64,000 copies of it were made. It is considered to be the rarest of the Mercury dimes.
The design of this coin features a ‘Winged Liberty Head’, which is often mistaken for the Roman god ‘Mercury’. This coin in good condition can be worth more than $100,000. The price of a premium grade coin has reached $207,000. If you have this coin in good condition, it can increase your wealth.
1975 No-S Roosevelt Dime Proof
This coin is a rare example of the modern era. Usually proof dimes from the San Francisco Mint have an ‘S’ mintmark, but by mistake some coins were issued without the ‘S’ mintmark.
This coin is also special among collectors because only two examples of it are known. The price of this coin has reached $350,000 at auction. If you have this coin, you can own a small wealth.
1776-1976 Bicentennial Quarter
This coin was made to mark the 200th anniversary of America’s independence. Although millions of copies of this coin were made, some of these rare types are highly valuable. The most special among these are those found with double die front (DDO) or double die reverse (DDR) errors.
When a coin is printed twice and is slightly displaced, it produces a double die error. This error makes these coins even more attractive to collectors. These coins can be worth anywhere from $2,000 to $20,000.
1776-1976 Bicentennial Half Dollar
The Bicentennial Half Dollar is also an important coin. It was produced on a large scale, but some special variants and errors make it highly valuable.
The most special is the ‘No FG’ variant, which does not have the designer’s initials (FG) on the reverse of the coin. This error has made this coin highly sought after among collectors.
1776-1976 Bicentennial Dollar
This coin, also known as the ‘Eisenhower Dollar’, was issued to commemorate the Bicentennial of Independence. It bears the double date of 1776-1976 and a special design.
While most coins are not rare, some variants and errors make them valuable. Among them is the ‘Type 2 variant’, which has a different placement of the font and lettering. High quality Type 2 coins can be worth up to $1,000.
Conclusion
Collecting rare coins is not only an interesting hobby, but it can also be a profitable investment. Coins like the 1894-S Barber Dime, the 1916-D Mercury Dime and the 1975 No-S Roosevelt Dime Proof can change your fortune. Plus, the 1776-1976 Bicentennial quarters, half dollars, and dollars are pieces of historical heritage that could bring you financial gain.
If you have one of these coins, get it appraised. You may be an unwitting owner of a treasure!
FAQs
What is the 1894-S Barber Dime known for?
The 1894-S Barber Dime is famous for its extreme rarity, with only 24 minted and nine known to exist.
Why is the 1916-D Mercury Dime highly sought after?
The 1916-D Mercury Dime is highly sought after due to its low mintage of only 264,000, making it the rarest of the Mercury dimes.
What makes the 1975 No-S Roosevelt Dime Proof unique?
The 1975 No-S Roosevelt Dime Proof is unique because it was mistakenly struck without the “S” mintmark, with only two examples known to exist.