Roosevelt Dime Worth $12.7 Million Still Circulating – Could You Have It?
Imagine discovering a dime in your spare change that’s worth $12.7 million. This isn’t a fantasy; it’s the reality surrounding the 1975 No-S Roosevelt Dime, a coin so rare that only two are known to exist.
One of these elusive dimes is reportedly still in circulation, making it a potential life-changing find for anyone.
The Roosevelt Dime: A Brief Overview
Introduced in 1946, the Roosevelt Dime was created to honor President Franklin D. Roosevelt’s legacy and his association with the March of Dimes campaign.
The dime features Roosevelt’s profile on the obverse and a torch flanked by olive and oak branches on the reverse, symbolizing liberty, peace, and strength.
The 1975 No-S Roosevelt Dime: A Numismatic Marvel
In 1975, the San Francisco Mint produced over 2.8 million proof sets, each containing a dime with an “S” mint mark. However, due to a minting error, a few dimes were struck without this identifying mark.
These No-S proof dimes are exceedingly rare, with only two confirmed specimens. One of these was sold for $506,250 in 2024, highlighting its immense value.
What Makes This Dime So Valuable?
Several factors contribute to the astronomical value of the 1975 No-S Roosevelt Dime:
- Rarity: Only two known examples exist.
- Minting Error: The absence of the “S” mint mark on a proof coin is a significant anomaly.
- Condition: Being proof coins, they possess a high-quality finish, increasing their desirability.
- Collector Demand: The scarcity and unique story behind these dimes make them highly sought after by collectors.
How to Identify a 1975 No-S Roosevelt Dime
To determine if you possess this rare coin, examine the following:
- Date: The coin must be dated 1975.
- Mint Mark: Look for the absence of the “S” mint mark, typically located just above the date on the obverse side.
- Proof Quality: The coin should have a mirror-like finish, indicative of proof coins.
Notable Roosevelt Dime Sales
| Year | Mint Mark | Type | Sale Price | Notes |
|---|---|---|---|---|
| 1975 | None | Proof No-S | $506,250 | One of two known specimens |
| 1968 | None | Proof No-S | $45,600 | Rare missing mint mark error |
| 1970 | None | Proof No-S | $35,000 | Limited known examples |
| 1982 | None | Circulation | $1,000 | Missing “P” mint mark error |
The story of the 1975 No-S Roosevelt Dime serves as a compelling reminder that extraordinary treasures can be hidden in plain sight.
With only two known examples and one potentially still in circulation, this dime represents not just a significant monetary value but also a fascinating piece of numismatic history.
So, the next time you receive change, take a moment to inspect your coins—you might just discover a fortune.
FAQs
What is the 1975 No-S Roosevelt Dime?
The 1975 No-S Roosevelt Dime is a proof coin mistakenly struck without the “S” mint mark, indicating it was produced at the San Francisco Mint. Only two such coins are known to exist, making it one of the rarest modern U.S. coins.
How did this minting error occur?
During the production of proof sets in 1975, a few dimes were struck using dies that lacked the “S” mint mark. These error coins were inadvertently included in proof sets and released to the public, leading to their extreme rarity.
What should I do if I think I have this dime?
If you believe you’ve found a 1975 No-S Roosevelt Dime, avoid cleaning or altering it in any way. Contact a professional coin grading service, such as PCGS or NGC, for authentication and appraisal.