In the world of coin collecting, dimes are often overlooked due to their small size and face value. However, some dimes have turned out to be worth fortunes, breaking auction records and grabbing headlines. These rare coins are coveted for their historical significance, minting errors, or limited production. If you’re curious about the dimes that are making waves in the numismatic world, this article will introduce you to three extraordinary dimes that are setting new standards at auctions.
1. The 1894-S Barber Dime
The 1894-S Barber Dime is one of the most legendary coins in U.S. history. Only 24 were minted, and fewer than 10 are believed to exist today. These dimes were struck at the San Francisco Mint, possibly as special gifts or test strikes. An 1894-S Barber Dime in pristine condition can sell for millions, with one example fetching $1.9 million at auction. Its rarity, combined with its fascinating backstory, makes it one of the most sought-after coins in the world.
2. The 1916-D Mercury Dime
The 1916-D Mercury Dime is another highly desirable coin, especially for collectors of early 20th-century currency. Minted in Denver, this coin had a limited production of just 264,000, making it the rarest Mercury Dime. A high-grade 1916-D can command six figures at auction, with one example recently selling for over $200,000. Its intricate design and low mintage make it a true gem for numismatists.
3. The 1975 No-S Roosevelt Dime
Minting errors often create some of the rarest and most valuable coins, and the 1975 No-S Roosevelt Dime is a prime example. This Proof coin, intended for collectors, was struck without the San Francisco Mint’s “S” mint mark due to an oversight. Only two examples are known to exist, and one sold for $456,000 at auction. Its extreme rarity and the story behind its error have made it a record-breaking coin.
Rare dimes may be small, but their value can be enormous, as these coins prove. The 1894-S Barber Dime, the 1916-D Mercury Dime, and the 1975 No-S Roosevelt Dime are breaking auction records due to their rarity, historical importance, and fascinating stories. If you’re a collector or simply intrigued by numismatics, keep an eye out for these rare treasures. Who knows? You might discover a valuable dime hiding in plain sight.
FAQ’s:
1. How can I identify an 1894-S Barber Dime?
The 1894-S Barber Dime features a Liberty head design on the obverse and has the “S” mint mark on the reverse. However, its extreme rarity makes it unlikely to find outside of auctions or collections.
2. What makes the 1916-D Mercury Dime so valuable?
Its low mintage of 264,000 coins and its status as the rarest Mercury Dime drive its high value. Coins in higher grades are especially valuable.
3. How do I know if I have a 1975 No-S Roosevelt Dime?
This coin is a Proof coin with no “S” mint mark. It will have a mirror-like finish and is likely part of a collector’s set.
4. Where can I sell a rare dime?
Rare dimes can be sold at coin auctions, through reputable dealers, or on platforms like eBay. Grading the coin through a professional service can increase its value.
5. Are all old dimes valuable?
Not necessarily. Most old dimes are worth their silver content or a small premium. Only coins with rare errors, low mintage, or historical significance have significant value.