For coin collectors, the dream of unearthing a rare and valuable dime is a thrilling pursuit. Among U.S. numismatic treasures, three dimes stand out, capturing the imagination of collectors with their rarity, historical significance, and record-breaking auction prices. These legendary coins—the 1894-S Barber dime, the 1975 No-S Roosevelt dime, and the 1916-D Mercury dime—have fetched sums nearing or surpassing $950,000, making them the ultimate dream for numismatists. Read on to uncover the stories behind these iconic dimes and learn what makes them so valuable.
The 1894-S Barber Dime: A Numismatic Legend
What Makes It Special?
The 1894-S Barber dime is one of the most famous and rarest coins in U.S. history. With a mintage of only 24 coins at the San Francisco Mint, this dime was likely struck for special purposes, such as gifts for influential individuals or collectors. Only nine examples are confirmed to exist today, and their legendary scarcity has elevated the coin to an iconic status.
10 Cents to $850,000: The Top 2 Dimes That Shocked Collectors
Auction Highlights
One pristine example of the 1894-S Barber dime sold for nearly $2 million, while others in slightly lower grades have fetched $950,000 or more at auction. Its combination of historical intrigue, extreme rarity, and outstanding craftsmanship cements its place as a cornerstone of numismatic lore.
How to Identify an 1894-S Barber Dime
- Mintmark Location: Look for the “S” mintmark on the reverse side, beneath the wreath.
- Date: Ensure the coin is dated 1894.
- Authentication: Use professional services like PCGS or NGC to verify the coin’s authenticity and condition.
The 1975 No-S Roosevelt Dime: A Modern Marvel
The Minting Error That Created History
The 1975 No-S Roosevelt dime owes its rarity to a minting error. Proof dimes struck at the San Francisco Mint are supposed to carry the “S” mintmark, but a few were mistakenly produced without it. This error created one of the rarest modern coins, with fewer than five examples known to exist.
Auction Records and Future Value
A PR68-graded specimen sold for $456,000, and experts predict a perfect example could exceed $950,000. Its modern origin and unique story make it a standout in the world of collectible coins.
How to Identify a 1975 No-S Roosevelt Dime
- Proof Coin Check: These dimes were included in proof sets, not regular circulation.
- Mintmark: Look near Roosevelt’s neck; the absence of an “S” mintmark is the defining feature.
- Professional Grading: Consult a professional service for authentication and grading.
The 1916-D Mercury Dime: A Collector’s Dream
The First of Its Kind
The 1916-D Mercury dime holds the distinction of being minted during the first year of the Mercury dime series. Produced at the Denver Mint, only 264,000 coins were struck, making it one of the lowest mintages of the 20th century.
Rising Auction Prices
While heavily circulated examples are relatively common, mint-state specimens are extraordinarily rare. One near-perfect 1916-D Mercury dime recently sold for $200,000, with experts predicting top-grade examples could eventually approach $950,000 as demand continues to rise.
How to Identify a 1916-D Mercury Dime
- Mintmark Location: Look for the “D” mintmark on the reverse side, beneath the olive branch.
- Beware of Counterfeits: The high value of this coin has led to many fakes, so always authenticate with trusted grading services.
Conclusion: The Ultimate Dream for Collectors
The 1894-S Barber dime, 1975 No-S Roosevelt dime, and 1916-D Mercury dime are more than just coins—they are rare artifacts of history that embody the allure of coin collecting. With auction prices soaring to $950,000 and beyond, these dimes prove that even the smallest coins can hold extraordinary value. Whether you’re a seasoned collector or a beginner, these iconic dimes represent the pinnacle of numismatic achievement.
FAQs: Everything You Need to Know About Rare Dimes
1. What makes the 1894-S Barber dime so rare?
Its mintage of just 24 coins and the survival of only nine known examples make it one of the rarest coins in U.S. history.
2. Why is the 1975 No-S Roosevelt dime valuable?
A minting error left out the “S” mintmark on fewer than five proof coins, making it one of the rarest modern U.S. coins.
3. How can I identify a 1916-D Mercury dime?
Check for the “D” mintmark on the reverse side, beneath the olive branch. Be cautious of counterfeits.
4. Can these rare dimes still be found in circulation?
No. These coins are incredibly rare and are typically found in private collections, auctions, or museums.
5. How do I get a rare dime appraised?
Contact a reputable coin dealer or submit your coin to a professional grading service like PCGS or NGC for authentication and valuation.