A very rare dime that collectors had been trying to find since the late 1970s was recently sold for over $500,000. This interesting coin was made by the U.S. Mint in San Francisco in 1975. It shows President Franklin D. Roosevelt and is one of only two known examples of its kind that doesn’t have the usual “S” mint mark.
This coin is very rare, and its story is just as interesting. After the death of their brother, it was given to three sisters from Ohio. This treasure had been kept safe in a bank vault for more than forty years, and he had no idea that it would soon be famous.
How much was this rare dime worth?
The coin drew a lot of bids and was finally sold for a huge $506,250 at an online auction that ended on Sunday. Ian Russell, president of the Irvine, California-based auction house GreatCollections, said that 212 people bid on the coin, which shows how popular it is with collectors.
- Rare New England threepence anticipated to reach $1 million.
- Coin minted in 1975 in San Francisco.
- Features President Franklin D. Roosevelt.
- One of only two without the “S” mint mark.
- Inherited by three sisters from Ohio.
- Stored in a bank vault for over 40 years.
- Sold for $506,250 at an online auction.
- 212 bids placed, showcasing its rarity.
The Fascinating Story of the 1975 “No S” Proof Dime
It is hard to find, but the 1975 “No S” proof dime is one of the most interesting coins to collect. When it was auctioned off in 2019 for an amazing $456,000. this rare gem caught the attention of gem lovers.
Not long after, it was sold again for an amazing $516,000, and the proud owner is now the only person with a complete collection of Roosevelt Dime coins, according to the auction house.
The Origin of the Rare Dime
The San Francisco Mint made more than 2.8 million special uncirculated “proof” sets in 1975. Each set had six coins and cost $7 when it was first released. A few years later, though, collectors found something surprising: two of these dimes did not have the clear mint mark on them.
This unusual event has piqued the interest and fascination of coin collectors. The undated picture provided by GreatCollections shows this amazing 1975 proof set dime that was made without the San Francisco Mint’s “S” mintmark.
A Coin with a Personal Connection
Russell told an interesting story from two sisters in Ohio who asked to remain anonymous. They said that they got one of these hard-to-find dimes as a gift.
The story of their family is very interesting. In 1978, their brother and mother bought the first error coin for $18,200, which is about $90,000 today. Their parents ran a dairy farm, so this coin was more than just a collectible. It was a way for them to save money.
The 1975 “No S” proof dime is talked about in this story, which also shows how rare and valuable it is. It also talks about the personal connections and stories that make coin collecting such a beloved hobby.
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