Roosevelt dimes, introduced in 1946 to honor President Franklin D. Roosevelt, are common coins found in everyday transactions. However, certain rare variations and minting errors can significantly increase their value among collectors.
In this article, we’ll explore three specific Roosevelt dimes that can be worth over $50,000, providing detailed insights into their unique characteristics and how to identify them.
1. 1975 No S Proof Roosevelt Dime
Overview:
The 1975 No S Proof Roosevelt Dime is a remarkable error coin that has captivated numismatists and collectors alike. Typically, proof coins minted in San Francisco bear an ‘S’ mint mark, indicating their origin. However, a few 1975 dimes were mistakenly struck without this mark, making them exceedingly rare.
Key Features:
- Minting Error: Absence of the ‘S’ mint mark on a coin that was intended to be a proof from the San Francisco Mint.
- Rarity: Only two known specimens, with one selling for $506,250 at auction in 2024.
Identification Tips:
- Design Quality: Proof coins have a mirror-like finish with sharp details.
- Edge Inspection: Look for the absence of the ‘S’ mint mark, typically found above the date on the obverse.
- Professional Authentication: Due to their high value, it’s essential to have any suspected specimens professionally graded and authenticated.
2. 1968 No S Proof Deep Cameo Roosevelt Dime
Overview:
The 1968 No S Proof Deep Cameo Roosevelt Dime is another rare find that has intrigued collectors. Similar to the 1975 error, this coin was struck without the ‘S’ mint mark, which is unusual for proof coins from that year.
Key Features:
- Minting Error: Lack of the ‘S’ mint mark on a 1968 proof coin.
- Value: One specimen sold for $47,000 at auction in 2020.
Identification Tips:
- Finish Quality: Proof coins have a distinctive mirror-like surface with frosted designs.
- Mint Mark Location: Check above the date on the obverse for the ‘S’ mint mark; its absence indicates the error.
- Professional Verification: Given their rarity and value, coins should be examined by reputable grading services.
3. 1970 S Overstruck Quarter Dollar
Overview:
The 1970 S Overstruck Quarter Dollar is an extraordinary error where a quarter planchet was mistakenly struck with dime dies, resulting in a coin that is both visually and dimensionally incorrect.
Key Features:
- Minting Error: A quarter planchet struck with dime dies, leading to a smaller-than-usual quarter with dime imagery.
- Value: A similar coin fetched $93,000 at auction in 2023.
Identification Tips:
- Size and Weight: The coin will be smaller and lighter than a standard quarter.
- Design Analysis: Examine the obverse and reverse for dime features, such as the torch, olive, and oak branch design.
- Professional Assessment: Due to the complexity and value, consulting with numismatic experts is recommended for proper identification.
Rare Roosevelt Dimes Worth Over $50,000
| Coin Description | Minting Error | Known Specimens | Auction Value |
|---|---|---|---|
| 1975 No S Proof Roosevelt Dime | Missing ‘S’ mint mark | 2 | $506,250 (2024) |
| 1968 No S Proof Deep Cameo Roosevelt Dime | Missing ‘S’ mint mark | 1 | $47,000 (2020) |
| 1970 S Overstruck Quarter Dollar | Quarter struck with dime dies | 1 | $93,000 (2023) |
By understanding these rare variations and carefully examining your coins, you might just discover a hidden treasure among your spare change.
FAQs
How can I tell if my Roosevelt dime is valuable?
Valuable Roosevelt dimes typically have unique minting errors, such as missing mint marks or being struck on incorrect planchets. To assess their value, examine the coin’s design, mint marks, and overall condition. Consulting with a professional coin grader or numismatist is advisable for accurate evaluation.
Are all 1975 Roosevelt dimes without an ‘S’ mint mark valuable?
No, only the proof versions minted in San Francisco without the ‘S’ mint mark are considered valuable. Regular circulation dimes from 1975 without an ‘S’ are typically not rare or valuable.
Where can I sell my rare Roosevelt dime?
Rare coins can be sold through reputable auction houses, coin dealers, or online platforms specializing in numismatic items. It’s essential to authenticate and appraise your coin before selling to ensure you receive a fair price.