1975 Roosevelt Dime Worth $349,000: The world of coin collecting is full of surprises, but few discoveries match the excitement surrounding the rare 1975 Roosevelt Dime worth an astonishing $349,000. This tiny everyday coin became legendary after specialists uncovered a rare minting mistake that pushed its value into the stratosphere. Many collectors still believe that additional examples may be waiting in old drawers, forgotten jars, or inherited coin boxes.
Estimated Value And Key Details Of The 1975 No-S Roosevelt Dime
| Feature | Description |
|---|---|
| Coin Type | 1975 Roosevelt Dime No-S Proof |
| Mint Location | San Francisco Mint (S omitted in error) |
| Metal Composition | 91.67% copper, 8.33% nickel |
| Estimated Value | Up to $349,000 at auction |
| Rarity | Only two confirmed examples |
| Identification | Missing S mintmark above the date |
| Category | Mint error, modern US coin rarity |
Why The 1975 Roosevelt Dime Is So Valuable
In 1975, the San Francisco Mint produced proof sets intended for collectors. These coins normally include an S mintmark. However, due to a minting oversight during die preparation, a very small number of proof dimes left the facility without the S mintmark. Because proof sets are carefully inspected, major errors almost never escape the mint, which makes this coin an extreme rarity.
Only two authenticated 1975 No-S Roosevelt Dimes are known to exist, and both came from proof sets. This scarcity, combined with collector demand for high-grade modern errors, pushed auction prices beyond $300,000. The possibility that unrecognized proof sets still exist in private homes keeps the excitement alive.
How To Identify A 1975 No-S Roosevelt Dime
A genuine 1975 No-S dime has one defining feature: the empty space where the mintmark should be. On all normal 1975 proof dimes, the letter S appears above the date. If you own a 1975 proof set, examine the dime under a bright light. The missing mintmark is immediately noticeable. Because extremely valuable counterfeits exist, experienced collectors recommend professional grading for authentication.
Tips For Finding Rare Error Coins In Your Collection
Many households have old coin sets passed down from parents or grandparents. These often include proof sets from the 1960s to 1980s. Always check the dime, nickel, quarter, and half dollar for missing mintmarks, doubled images, or unusual characteristics. Small imperfections from the mint can dramatically increase a coin’s worth. The 1975 No-S dime is a perfect example of how a routine issue can turn into a million-dollar discovery over time.
Why Collectors Still Search For This Rare Dime
The allure of this coin continues because no one can say with certainty how many were originally produced. The two confirmed examples suggest that more could exist in original packaging. Auction houses, rare coin forums, and expert graders frequently remind collectors to review old proof sets carefully, as the next major find could turn an ordinary day into a life-changing moment.
Final Verdict
The 1975 Roosevelt Dime worth $349,000 is one of the most extraordinary modern mint errors ever found. Its rarity, dramatic value, and simple identification method make it one of the top coins collectors search for today. Anyone who owns older proof sets should take a careful look, especially at the mintmark area, because another undiscovered example could still be hiding in someone’s collection.
Disclaimer
This article is for informational purposes only and should not be considered financial or investment advice. Coin values can fluctuate based on market demand, condition, rarity, and professional grading. Always consult a certified coin expert or grading service before buying, selling, or valuing rare coins.
