Rare Error on 1975 Dime Brings in $506,250

Very Unique 1975 Dime Error Fetches Record $506,250

In what might BEST be described as one of the top dollar productive coins ever, a simple 10-cent 1975 Roosevelt Dime made history as being auctioned online on October 27 for an astounding $506,250. This particular coin was minted from San Francisco and becomes an acquired treasure because of a singular aberration that sets it apart from ordinary dime collections. This is almost five million times the original worth, thus a very regal possession for millions of collectors around the world.

Why Is the 1975 No-S Dime Unique?

Almost every dime minted in those years seems like this. Franklin Delano Roosevelt has his imprint. What matters is that this dime, however, has no “S”, meaning it was minted at the San Francisco Mint. This makes it an error and therefore unique; in fact, it is rare because only two are known of such coins.

So, Why the Absence of the “S” Mint Mark?

What he mentions is this- That, all U.S. coins normally carry a mintmark showing where they were struck:
D: Denver
P: Philadelphia
S: San Francisco
W: West Point

5 Zodiacs Who Easily Get The Ick

All of these, however, in 1975 there were over 2.8 million minted proof sets struck at the San Francisco Mint solely for collectors, each costing around $7. Proof coins have a special striking so that they can show amazing detail and finish. Inside these sets, there were two dimes, both of which happened to be error-struck without the S mintmark: thus they entered numismatic lore.

A Family Piece Turns into Gold

This dime has an interesting story. Three sisters in Ohio inherited it from their brother after he died; he bought the coin for $18,200 in 1978 (in today’s money some $90,000) and slipped it into a bank vault for the next 40 years, calling it a family heirloom and a way to hedge financial risk.

Collectible Sales that Break Records

A No-S Roosevelt Dime has not been auctioned for the first time,

Feature	Details
Coin	1975 Roosevelt Dime
Unique Feature	Missing “S” mint mark
Known Examples	Two
Original Proof Set Price	$7
Recent Auction Price	$506,250
Previous Record Sale (2019)	$456,000
Year of Error Discovery	1975

Conclusion

A fine instance is the tale about the rare 1975 No-S Dime that small things can lead to greatness in value. This modest 10-cent coin, turned into a treasure of numismatic wealth by a mistake in minting, has enthralled collectors across the world, and its auctioned price record of $506,250 hails the fantastic spell cast by rarity and history within the coin universe. It reminds lovers of the hobby that ordinary-looking things sometimes hide wealth in their interiors.

FAQs

Q.1 Why is the 1975 No-S Dime so rare?

A.1 The 1975 No-S Dime is valuable due to the extreme rarity-it’s known that only two such coins exist. Without the “S” mint mark that would have indicated its origin from the San Francisco Mint, it becomes this one-of-a-kind minting mistake that is very highly prized among collectors.

Q.2 What is mint mark and what does it mean to a coin’s worth?

A.2 Essentially, a mint mark is all but telling: it is the tiny letter that gets stamped on a coin denoting which U.S. Mint facility was responsible for the coin’s production. “D,” for example, would refer to Denver; “P” to Philadelphia; and “S” to San Francisco. With regard to the 1975 dime, it is absent from its designation. Hence, the coin has become a valuable and rare error.

Q.3 What exactly is proof coin?

A.3 These coins are made mainly for collectors, have sharper detail, are polished in finish, and usually are not intended for use in normal circulation. The 1975 No-S Dime was included in a proof set.

Q.4 How many proof sets were made in 1975?

A.4 There were over 2.8 million proof sets produced at the San Francisco Mint in 1975. However, only two dimes from these sets are known to exist without the “S” mint mark.

Rare Error on 1975 Dime Brings in $506,250 – A New Record

Why Is the 1975 No-S Dime Unique?