The 1975 No-S Roosevelt Dime is a highly prized and rare coin in U.S. numismatic history, with an auction value reaching up to $450,000. This coin’s exceptional value and rarity come from an error during its production: the missing “S” mint mark, typically used to indicate its origin at the San Francisco Mint. With only two known examples, this dime has captivated collectors and investors alike.
What is the 1975 No-S Roosevelt Dime?
The 1975 No-S Roosevelt Dime was part of a proof set produced specifically for collectors. Unlike coins made for circulation, proof coins undergo a meticulous minting process that gives them a highly polished, mirror-like finish. They are designed to showcase the highest minting quality and almost always carry a mint mark to show where they were made. However, an error occurred in 1975, and a small number of dimes intended to bear the “S” mint mark were mistakenly minted without it. Only two of these “No-S” dimes have been discovered, which contributes significantly to their rarity and high value.
One of these dimes reached a sale price of $456,000, making it one of the most valuable Roosevelt dimes ever produced. Its uniqueness, along with its proof coin status, makes it highly sought after by collectors and investors who value rare, one-of-a-kind items in mint condition.
Why is the 1975 No-S Roosevelt Dime So Valuable?
The 1975 No-S Roosevelt Dime is considered valuable primarily because of its extreme rarity. Millions of proof coins were produced by the San Francisco Mint in 1975, each one bearing the “S” mint mark, with only two known examples missing it. This unique error distinguishes it as a one-of-a-kind collector’s item.
Additionally, proof coins are struck with extra care and precision, resulting in a stunningly clear, mirror-like surface that further increases their desirability. The rarity of the 1975 No-S Roosevelt Dime, coupled with its pristine proof quality, makes it an exceptional find in the coin-collecting world. The near-mint condition of such proof coins also means they are typically preserved in collector’s cases, further preserving their value.
How to Identify a 1975 No-S Roosevelt Dime
To recognize this rare coin, there are two main indicators:
- Absence of the “S” Mint Mark: The “S” mint mark, which normally appears just above the date on the front of the coin, is missing on this dime. This is a rare anomaly for a proof coin, making it easy to distinguish if you are familiar with proof sets.
- Proof Quality: The 1975 No-S Dime is a proof coin, which means it has a polished, mirror-like finish typical of collector’s pieces. Unlike regular dimes, proof coins are produced with sharper details and a brighter finish, created specifically for display rather than circulation.
If you encounter a 1975 dime with a mirror finish but without the “S” mint mark, it’s important to have it authenticated by a professional coin appraiser, as its value could be life-changing.
Could the 1975 No-S Roosevelt Dime Be in Circulation?
While proof coins are usually reserved for collector’s sets, there is a slim chance that the 1975 No-S Roosevelt Dime could be found in circulation. Occasionally, coins from proof sets are separated from their cases and may end up in circulation through estate sales, inheritance, or even by mistake.
This possibility adds an intriguing element of discovery to the 1975 No-S Roosevelt Dime. It could potentially be found in someone’s spare change, making it worthwhile for those interested in numismatics to pay closer attention to any unique dimes they come across.
| Key Features of the 1975 No-S Roosevelt Dime | Details |
|---|---|
| Year | 1975 |
| Mint | San Francisco (No “S” mint mark) |
| Coin Type | Proof Coin |
| Known Examples | 2 |
| Auction Value | Up to $450,000 |
| Appearance | Mirror-like proof finish, no mint mark |
The 1975 No-S Roosevelt Dime stands out as one of the rarest and most valuable dimes ever produced in the U.S. Its worth lies in its unique error and proof quality, with only two known examples adding to its mystique and desirability. Collectors interested in rare U.S. coins consider this dime a top-tier item, worth a considerable investment due to its rarity and potential for significant appreciation.
For anyone lucky enough to come across a 1975 proof dime missing the “S” mint mark, professional authentication is essential. This dime could be a hidden treasure in loose change or forgotten coin collections, making it a piece of American numismatic history worth keeping an eye out for.
How many 1975 No-S Roosevelt Dimes are there?
Currently, only two known examples exist, making this dime one of the rarest coins in U.S. history.
How much is a 1975 No-S Roosevelt Dime worth?
A 1975 No-S Roosevelt Dime can be worth up to $450,000 at auction, depending on its condition and demand among collectors.
Why does the 1975 No-S Roosevelt Dime lack a mint mark?
The missing “S” mint mark is due to a minting error at the San Francisco Mint in 1975. The absence of this mark on proof coins is exceptionally rare.
