For investors and coin collectors, rare and unusual coins hold a unique value. Discussing one such very rare coin, the 1975 ‘No-S’ Roosevelt Dime is one of the most significant coins. It was minted by the US Mint in San Francisco, but lacked an ‘S’ mintmark. That is why this coin has become so rare and costly. So far, just two such coins have been discovered, one of which was sold in an auction held in October 2024 for $506,250.
Characteristics of 1975 ‘No-S’ Roosevelt Dime
In 1975, proof sets of the Roosevelt dimes were released by the US Mint, which would normally bear an ‘S’ mark, proving that the coin was minted in San Francisco. However, by error, two coins were made without the mint mark. So the ‘No-S’ version was born and its uniqueness made it invaluable.
Key Features of the 1975 ‘No-S’ Roosevelt Dime
| Feature | Description |
|---|---|
| Mintmark | None (missing ‘S’ mintmark) |
| Year of Issue | 1975 |
| Denomination | 10 cents (Dime) |
| Mint Location | San Francisco (error coin) |
| Mintage | Only two known examples |
| Composition | 75% copper, 25% nickel over a pure copper core |
| Diameter | 17.90 millimeters |
| Weight | 2.27 grams |
| Designer | John R. Sinnock |
| Edge | Reeded |
Price and Rarity of the 1975 ‘No-S’ Roosevelt Dime
The extreme scarcity of this coin makes it among the most valuable coins of contemporary America. One example of this coin was auctioned in October 2024 for $506,250, thereby being the highest ‘No-S’ dime ever sold. The second ‘No-S’ dime that has been found was sold in 2019 for $456,000.
How to Identify a 1975 ‘No-S’ Roosevelt Dime?
If you own a 1975 dime and you want to verify its rarity, look at its obverse. If this coin was produced by the San Francisco Mint, it would have an ‘S’ mark over its year (1975). However, if it does not have this mark, it can be a rare ‘No-S’ dime worth millions of dollars.
Investing and Collecting 1975 ‘No-S’ Roosevelt Dime
This coin not only represents a piece of history, but also an investment opportunity. If you own this coin, it would be wise to have it graded and authenticated by a well-established numismatic firm for authenticity check and grading. This can determine the authenticity and worth of the coin.
Conclusion
The 1975 ‘No-S’ Roosevelt Dime is an intriguing and fascinating discovery in coin collecting. The fact that it is rare, has historical significance, and financial value makes the coin a numismatic treasure trove. Being discovered by another person could not only be a coin, but an heirloom worth hundreds of thousands of dollars.
FAQs
Q1. Why is the 1975 ‘No-S’ Roosevelt Dime so valuable?
The coin is extremely rare, with only two known examples, making it one of the most sought-after modern U.S. coins.
Q2. How can I identify a 1975 ‘No-S’ Roosevelt Dime?
Check the front (obverse) of the coin. A regular 1975 proof dime from the San Francisco Mint will have an ‘S’ mintmark above the date. If the mintmark is missing, it could be the rare ‘No-S’ variety.
Q3. What is the highest price paid for this coin?
In October 2024, one example was sold at an auction for $506,250, setting a new record.
Q4. How many 1975 ‘No-S’ Roosevelt Dimes exist?
Only two confirmed examples are known to exist.
Q5. Where can I authenticate and grade my 1975 ‘No-S’ Roosevelt Dime?
You should send it to a reputable numismatic grading service like PCGS (Professional Coin Grading Service) or NGC (Numismatic Guaranty Company) for authentication and valuation.