Rare dimes have become a hot commodity among collectors and investors, with some of these small coins selling for close to $1 million at auction. This demand is driven by the unique attributes of certain dimes, such as limited minting, rare errors, and rich historical backgrounds. In the numismatic world, these attributes make rare dimes prized possessions. Here, we explore some of the most sought-after dimes that consistently attract high prices.
The Most Valuable Rare Dimes
1894-S Barber Dime
The 1894-S Barber Dime is widely regarded as one of the rarest U.S. coins. Originally, only 24 were minted at the San Francisco Mint, reportedly as a special run, and just a few remain in existence today. The mystery surrounding the purpose of this limited mintage only enhances its allure. Collectors often pay top dollar for the remaining specimens, making it one of the most desirable U.S. coins.
- Year of Mint: 1894
- Estimated Value: Nearly $1 million
- Unique Feature: Only 24 originally minted
1916-D Mercury Dime
The 1916-D Mercury Dime is the rarest in the Mercury dime series, primarily due to its low production at the Denver Mint. This scarcity, particularly in uncirculated condition, has made it highly valuable. Collectors are drawn to this dime because of its distinct design and the rarity of finding one in mint condition.
- Year of Mint: 1916
- Estimated Value: Over $100,000
- Unique Feature: Rare Denver Mint coin
1873-CC No Arrows Seated Liberty Dime
The 1873-CC No Arrows Seated Liberty Dime is another rare find, valued for its historical context and low mintage. This coin was part of a transitional period, where a change in legislation led to variations with and without arrows next to the date. The “No Arrows” version is exceptionally scarce, especially in higher grades, making it a coveted piece.
- Year of Mint: 1873
- Estimated Value: $200,000+
- Unique Feature: No arrows, limited production
1975 No S Proof Dime
One of the most famous minting errors, the 1975 No S Proof Dime was accidentally minted without the “S” mintmark, an anomaly for proof coins produced at the San Francisco Mint. With only a handful of these coins known to exist, this error has become one of the most expensive dimes at auction, with values exceeding half a million dollars.
- Year of Mint: 1975
- Estimated Value: $506,250
- Unique Feature: Missing “S” mintmark
1968 No S Proof Dime
Similar to the 1975 No S Proof, the 1968 No S Proof Dime was also mistakenly minted without the “S” mintmark. While fewer of these coins are available, this error is highly valued due to its rarity, as it breaks the standard minting protocol for proof dimes.
- Year of Mint: 1968
- Estimated Value: Over $450,000
- Unique Feature: Missing “S” mintmark
1893-O Barber Dime
Minted in New Orleans, the 1893-O Barber Dime is known for its low mintage and survival rate. High-grade examples of this dime are rare and fetch substantial sums. This dime is particularly sought after due to its historical significance as a product of the now-defunct New Orleans Mint.
- Year of Mint: 1893
- Estimated Value: Over $50,000
- Unique Feature: Rare New Orleans Mint production
1921 Mercury Dime
Minted during a recession, the 1921 Mercury Dime—especially the Denver-minted variant—has become highly valuable due to its low mintage and historical context. Collectors consider it a key date in the Mercury dime series, adding to its desirability.
- Year of Mint: 1921
- Estimated Value: Over $30,000
- Unique Feature: Low mintage due to recession
| Coin Name | Year of Mint | Estimated Value | Unique Feature |
|---|---|---|---|
| 1894-S Barber Dime | 1894 | Nearly $1 million | Only 24 originally minted |
| 1916-D Mercury Dime | 1916 | Over $100,000 | Rare Denver Mint coin |
| 1873-CC No Arrows Dime | 1873 | $200,000+ | No arrows, low mintage |
| 1975 No S Proof Dime | 1975 | $506,250 | Missing “S” mintmark |
| 1968 No S Proof Dime | 1968 | Over $450,000 | Missing “S” mintmark |
| 1893-O Barber Dime | 1893 | Over $50,000 | Rare New Orleans minting |
| 1921 Mercury Dime | 1921 | Over $30,000 | Low mintage due to recession |
Why Rare Dimes Command High Prices
The high market values of these rare dimes stem from three main factors: rarity, historical significance, and minting errors. Limited mintages, like the 24 examples of the 1894-S Barber Dime, make some coins nearly impossible to find, while unique errors—like the missing mintmark on the 1975 No S Proof Dime—create a demand among collectors that drives up prices. Additionally, historical context adds value. Coins minted during periods of economic downturn, legislative changes, or at now-defunct mints hold a special place in numismatic history, adding layers of interest for collectors and investors.
What is the most expensive rare dime?
The 1894-S Barber Dime is one of the most valuable dimes, often selling for close to $1 million due to its extremely low mintage and historical intrigue.
Why are missing mintmarks valuable?
Missing mintmarks, like those on the 1975 and 1968 No S Proof Dimes, are valuable because they signify a minting error, a rarity that collectors prize for its uniqueness.
Are all old dimes valuable?
Not all old dimes are valuable. Rare dimes gain value based on factors like limited mintage, minting errors, and historical importance, while common dimes are generally worth their face value or slightly more if silver content is present.
