Get your coins out of your pocket, savings jar or anywhere you have a piece, because you could sell it for thousands of dollars. Numismatics is becoming more and more relevant as time passes and coins and banknotes retain history and become older. This is shown by the next auction scheduled for October. And if you want to be the next rich person in your area, see if you have rare 1975 Roosevelt dime, which could be worth up to $350,000.
This American coin, clad in copper and nickel, It is considered one of the most valuable ever minted. Its value is due to its scarcity and a production error that makes it unique.
The 1975 Roosevelt dime is particularly valuable because only two copies are known. These coins, known as “No-S,” lack the “S” mintmark, which indicates that they were minted at the San Francisco Mint.
It is believed that they were produced accidentally and that most of them were stopped before they reached the public. However, at least two managed to escape, making them a treasure highly coveted by collectors.
The great interest in This coin was reflected at an auction in 2011, where one of them sold for $349,600 dollars. This price is nothing compared to the figure it reached at auction in 2019, when it sold for $456,000. Just a few days later, a private collector acquired it for $516,000. This notable increase in value highlights the importance of finding rare coins.
The rarity of this coin also is its ease of being confused with another Roosevelt coin of the same year that would not be worth more than 10 cents. We say this because just because you find a coin from this year without the mint mark doesn’t mean it will be from the San Francisco Mint.
There is a 99.9% chance that the unminted coin you encounter is from the Philadelphia Mint.which is totally normal to have the absence of the “P” mark. In other words, just because it doesn’t have an “S” doesn’t make it valuable per se.
So how can you find it? The best way to find one of these coins, the most effective thing is to review proof collections from 1975. These collections are sold annually and contain coins struck in special conditions.
Since 1968, the San Francisco Mint has manufactured these coins, and it is where the majority of the examples were produced. Of the 2,845,450 proof dimes from 1975, only two are known without the “S” mark. This makes them one of the rarest coins in the United States.
In addition to the 1975 Roosevelt dime, there are other No-S coins that may also be valuable. For example, Coins from 1968 and 1970 have values up to $10,500 and $450.respectively.
There are more Roosevelt dimes you could find in your change that are worth more than their face value, such as pre-1965 silver coins, which are around $1.50.
The search for hidden treasures can lead you to discover other valuable pieces that are worth your time. Don’t be discouraged, you may have your next fortune in your pocket and you haven’t even realized it.
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