The 1975 No-S Roosevelt Dime is one of the rarest and most valuable coins in American numismatic history. With only two known examples in existence, this dime has become a legendary piece among collectors. In 2024, one of these rare dimes sold for an astonishing $506,250 at auction, proving its immense worth.
Many coin enthusiasts wonder if they might have one of these valuable dimes in their collection. This article provides a detailed guide on how to identify the 1975 No-S Roosevelt Dime, why it is so rare, how to determine its authenticity, and what steps to take if you suspect you own one.
Rare 1975 No-S Roosevelt Dime Worth $500,000:
| Feature | Details |
|---|---|
| Coin Name | 1975 No-S Roosevelt Dime |
| Mint Location | San Francisco (Proof Set Error) |
| Estimated Value | Up to $506,250 (Auction Sale, 2024) |
| Number of Known Examples | 2 |
| Last Sale Price | $506,250 (October 2024) |
| Authentication Required? | Yes, through professional grading services |
| More Information | PCGS Official Site |
The 1975 No-S Roosevelt Dime is a true numismatic rarity, worth up to $506,250. With only two known examples, it remains one of the most sought-after error coins. If you think you have one, get it authenticated immediately.
What Is the 1975 No-S Roosevelt Dime?
Most proof coins minted in San Francisco in 1975 carry the “S” mint mark, signifying their origin. However, due to a minting error, a small number of Roosevelt dimes were struck without the “S” mint mark, making them incredibly rare.
Why Is This Coin So Valuable?
The rarity of the 1975 No-S Roosevelt Dime is what drives its value. Unlike ordinary dimes that were minted in large numbers, these coins were part of a limited proof set designed for collectors. Only two confirmed examples exist, making it one of the rarest dimes ever produced by the U.S. Mint.
Another factor contributing to its value is the demand from collectors who are eager to own one of the rarest modern American coins. With so few in existence, competition at auctions drives prices even higher.
How to Identify a 1975 No-S Roosevelt Dime
Finding a 1975 No-S Dime in your collection is unlikely but not impossible. Here are the key features you should look for:
1. Proof Finish
- The 1975 No-S Dime was struck as a proof coin, meaning it has a mirror-like background with frosted details.
- Regular circulation dimes do not have this distinct proof finish.
2. Missing “S” Mint Mark
- Check below Roosevelt’s neck on the obverse (front) of the coin.
- If your coin has an “S” mint mark, it is not the rare version.
- If it has no mint mark, it might be the rare proof coin.
3. Crisp, Detailed Design
- Proof coins have sharper details compared to circulation dimes.
- The hair, facial features, and lettering should be highly defined.
4. Authentication and Grading
- If you suspect you have a 1975 No-S Dime, send it to PCGS (Professional Coin Grading Service) or NGC (Numismatic Guaranty Company) for authentication.
- Coins that have been certified and graded fetch the highest prices at auctions.
Common Mistakes When Identifying the 1975 No-S Roosevelt Dime
Many people mistakenly believe they have the rare coin when they actually have a Philadelphia-minted 1975 dime, which also lacks a mint mark. The key difference is proof quality versus standard circulation strikes.
Some collectors also confuse worn proof dimes with circulation coins, assuming the loss of a mint mark could indicate rarity. However, only proof dimes from a sealed proof set could be considered candidates for the No-S variety.
How Much Is a 1975 No-S Roosevelt Dime Worth?
Recent Auction Sales:
- October 2024: One example sold for $506,250.
- 2019: Another example sold for $456,000.
- Earlier Sales: Prices have ranged from $300,000 to over $500,000, depending on condition and demand.
Value Breakdown:
| Condition | Estimated Value |
|---|---|
| Circulated (Common 1975 Dime) | $0.10 |
| Regular Proof (With “S” Mint Mark) | $2 – $5 |
| 1975 No-S Roosevelt Dime (Authenticated) | $450,000 – $506,000+ |
What to Do If You Find One?
- Handle With Care – Avoid cleaning or touching the surface excessively.
- Get It Authenticated – Submit the coin to PCGS or NGC for official grading.
- Sell at a Reputable Auction House – Consider Heritage Auctions, Stack’s Bowers, or Legend Rare Coin Auctions.
- Consult a Numismatic Expert – Join online coin communities or visit professional dealers.
- Research Current Market Trends – Keep track of recent sales and collector interest.
Trump & Musk Target Social Security – Are They Spreading Rumors?
Republican Pushes Trump Official to Fast-Track Social Security Payments – What’s Happening?
GOP Plan Could Raise Student Loan Bills – Here’s How It Ties to Trump’s Tax Cuts
FAQs About the 1975 No-S Roosevelt Dime
1. Can I find this dime in my pocket change?
No, this is a proof coin that was never released into circulation. Only two have been confirmed in existence.
2. Does a 1975 dime without a mint mark mean it’s the rare one?
Not necessarily. Philadelphia-minted 1975 dimes also lack a mint mark, but they are not proof coins. The rare version has a mirror-like proof finish.
3. Where can I sell a 1975 No-S Roosevelt Dime?
If authenticated, sell through major auction houses like Heritage Auctions or Stack’s Bowers.
4. How can I verify if my coin is genuine?
Use a professional grading service like PCGS or NGC.
5. Why are there only two known examples?
The U.S. Mint caught the error early, preventing more from being released.
6. Can more examples be discovered in the future?
It is possible, but highly unlikely. Most proof sets were checked before leaving the mint, and the two known examples have been thoroughly traced.
