An extremely rare dime sold for $506,250. According to Ian Russell, President of GreatCollectionsgot this Eye-popping prices It was sold at an online auction on October 27th. The value of this dime itself is approximately 5 million times the original value of the dime.
This coin was produced by the United States Mint in San Francisco, California in 1975, depicts President Franklin Delano Roosevelt, and is one of only two known coins in existence without the distinctive “S” marking. is. This mark indicates that the coin was minted at the San Francisco Mint.
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easier said than done Where in the United States was the coin minted?. There is a small capital letter on the obverse side of the coin. It could be a D for Denver, a P for Philadelphia, an S for San Francisco, or a W for West Point.
In 1975, the Mint produced more than 2.8 million special uncirculated “proof” coin sets of six, which sold for $7. Over the years, collections have discovered that two of the dimes are missing this mint stamp.
In 2019, one of these is the only other known example. “No S” proof dime It was sold at auction in 1975 for $456,000. It was sold again to a private collector a few months later.
The dime was sold by three anonymous sisters in Ohio who inherited the dime when their brother died. He kept it in a bank vault for over 40 years. According to Associated Pressthe sisters told Russell that he and their mother bought their first error coin in 1978 for $18,200, or about $90,000 today. Their parents saw this rare coin as a financial safety net.
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There may be other examples of this rare type of dime, but they are only found in the 1975 proof set and not the ones rustling around in change. According to Russell.
