Sisters Dime Sells An extraordinary story of success has been the sales of a 1975 dime that was missing a mint mark by three sisters from Ohio for more than 500 000 Dollars. The alleged unique coin, one of two that were struck without the “S” mint mark present on all other examples of theu2013 thus preserving the 1773 date on the reverse u2013 remained in the same bank, in its rightful owneru2019s deposit box, for more forty years before its worth was recognised.
The Search for the One of a Kind Dime
The mentioned dime was made in San Francisco of U.S. Mint in 1975 with the obverse image of Franklin Delano Roosevelt. This particular type of coin is easy to distinguish from others because there is a missing “S” that shows where the coin was made. This error makes it one of the rarest of coins of the twentieth century.
The family’s buying and maintaining of assets
For the record, the sisters’ mother and their brother bought the coin in 1978 for $18,200 or about $90,000 in today’s value. His parents, who owned a dairy farm, considered the coin as insurance and kept it in a bank till 2013, more than four decades later. The sisters came into possession of the coin following the death of their brother and only discovered how valuable the coin was more recently.
Auction and Sale
The mentioned coin passed through the approval of the authenticity and the condition of the coin and was rated by the Professional Coin Grading Service as proof-67. It was then sent to GreatCollections an auction business that deals in the sale of rare coins. It sold for $506,250 at an online auction that ended on October 27, 2024. This sale prove an incredible worth of any mint error that are so rare in the world of numismatics.
Learning About Mint Marks and Their Function
He ment marks are lettersng on the coin to Show the mint where the particular coin was manufactured. For example, the letter “S” means the San Francisco mint, “D” refers to the Denver Mint and no letters as the Philadelphia mint. One of the errors is that the coin does not have the “S” mint mark on the bottom of its tails side as all proof Incorporated coins from the San Fransico Mint were supposed to have that mark due to this coincidence.
comparison with other rare coins
The second and only other known 1975 “no S” proof dime was sold at an auction in 2019 at $456,000 and to a private collector. That amount is however much less than this recent sale, demonstrating the growing demand for such special type of Mint Error coins.
Key Details of the Rare 1975 Dime
| Attribute | Details |
|---|---|
| Year of Minting | 1975 |
| Mint Location | San Francisco (expected “S” mint mark) |
| Mint Mark | Missing “S” |
| Obverse Design | President Franklin D. Roosevelt |
| Grade | Proof-67 |
| Initial Purchase Price | $18,200 (in 1978) |
| Sale Price | $506,250 (in 2024) |
| Number of Known Coins | 2 |
FAQs
Q. Why is the 1975 no S dime so special?
A. That is the reason; there are only two dimes minted in 1975 without the “S” mint mark in the entire world which makes it a mint error type that is highly sought by collectors.
Q. Do you have an idea about how you could be able to know that your special coin is missing its mint mark?
A. Generally, the mint marks will be impressed on the head side of the particular coins or on the edge or recessed part of the piece. For dimes, it is stamped on the top of the date mark. If there is an area of an empty space where one supposedly should see a mint mark, then such a coin might well be mintless.
Q. Are all coins that do not have mint marks rare?
A. Not necessarily. It is important to know that some of the period coins did not have mint marks on them at all, although some came from the Philadelphia Mint, the others were minted this way on purpose. Though if the coin is expected to have a mint mark and it is missing then it could well be an error coin and worth some money.