Oops! A 1975 Dime Missing a Single Letter Could be Worth $500,000

Three sisters raised on an Ohio dairy farm had been astounded to be taught from uncommon coin specialists that an incorrectly made 1975-dated San Francisco Mint dime bought by their mom and brother 46 years in the past for $18,200 is now anticipated to carry a half-million {dollars} or extra at public sale. The proof dime, mistakenly lacking the letter S mintmark, will probably be publicly displayed at a coin present in Florida this week.

“The 1975 ‘no S’ proof dime is the world’s most useful fashionable coin,” acknowledged Ian Russell, president of GreatCollections of Irvine, California, the agency that may conduct the net public sale in October.

“The sisters, who wish to stay nameless, just lately inherited the coin after their mom and brother handed away and had been very excited once I advised them the potential worth of this long-hidden numismatic treasure. The one different recognized instance of a 1975 no S proof dime offered for $456,000 5 years in the past,” Russell defined.

“As an exorbitant buy on the time for a small farm household, our dad and mom considered it as their ‘security web’. Our brother considered it as the head of their assortment,” acknowledged one of many sisters who usually heard her brother speak concerning the uncommon dime however noticed it in particular person for the primary time final yr.

In 1975, the San Francisco Mint produced 2.84 million proof units that initially offered for $7 apiece to collectors. Proof cash are specifically struck with sharply outlined particulars and mirror-like reflective surfaces.

There have been six cash with a mixed complete face worth of $1.91 in every 1975 set and every coin was purported to have a particular letter S mintmark for San Francisco. Subsequently, it was found that two of the 1975 proof dimes depicting President Franklin D. Roosevelt didn’t have the S mintmark. No different examples of the error have been reported since 1979.

The sisters’ heirloom dime was saved in pristine situation in an Ohio financial institution vault for over 40 years and just a few individuals knew the household owned it, in keeping with Russell. It has now been independently authenticated as real by Skilled Coin Grading Service and described as Proof-67 on the usual numismatic grading scale of 1 to 70.

“The uncommon no S 1975 San Francisco proof dimes shouldn’t be confused with the 585 million dimes struck for circulation on the Philadelphia Mint intentionally and not using a mintmark that very same yr. Most of these Philadelphia Mint cash are price solely ten cents every,” defined Russell.

The coin will probably be publicly displayed on the Nice American Coin and Collectibles Present in Tampa, Florida, September 11-14. The public sale is scheduled for October 27.

For added info, contact GreatCollections at 800-442-6467 or go to on-line at www.GreatCollections.com.

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