How to Identify If Your 1975 Roosevelt Dime Is Worth $350,000

The 1975 Roosevelt Dime is a staple in American coinage, featuring President Franklin D. Roosevelt on the obverse and a torch, olive branch, and oak branch on the reverse.

While most of these dimes are of standard value, a rare error variety has been known to fetch up to $350,000 at auction. This article delves into how to identify if your 1975 Roosevelt Dime is among these valuable exceptions.

Understanding the 1975 Roosevelt Dime

Discover the $6 Million Lincoln Wheat Penny: Essential Features Every Collector Must Know

In 1975, the U.S. Mint produced dimes at both the Philadelphia and San Francisco mints. Coins minted in Philadelphia typically lack a mint mark, while those from San Francisco bear an “S” mint mark.

However, a significant error occurred that year: a small number of proof dimes were struck at the San Francisco Mint without the “S” mint mark, resulting in the rare “No S” variety.

Identifying the Rare 1975 “No S” Roosevelt Dime

To determine if your 1975 Roosevelt Dime is the rare “No S” variety, consider the following factors:

1. Mint Mark Absence:
   • No Mint Mark: Indicates the coin was struck at the Philadelphia Mint.
   • “S” Mint Mark: Indicates the coin was struck at the San Francisco Mint.
   • No Mint Mark on a Proof Coin: If the coin is a proof and lacks the “S” mint mark, it is the rare “No S” variety.
2. Proof Coin Characteristics:
   • Mirror-Like Finish: Proof coins have a highly polished, mirror-like surface.
   • Sharp Details: The design elements are crisp and well-defined.
   • Packaging: Proof coins are often found in protective cases or sets.
3. Condition and Grading:
   • Coins are graded on a scale from 1 to 70, with higher grades indicating better condition.
   • A higher grade can significantly increase a coin’s value.

Value Assessment

1913 Liberty Head Nickel- The $4.2 Million Secret and 5 Other Rare Coins You Won’t Believe Exist

The 1975 “No S” Roosevelt Dime is exceptionally rare, with only two known specimens. One of these coins sold for $349,600 in 2011, and another fetched $456,000 in 2019.

Given their rarity, any additional discoveries are anticipated to command similar high prices.

Steps to Determine Your Coin’s Value

1. Examine the Mint Mark:
   • Use a magnifying glass to inspect the area above the date for any mint mark.
2. Assess the Coin’s Finish:
   • Determine if the coin has a mirror-like finish indicative of a proof coin.
3. Consult a Professional Grader:
   • Submit the coin to a reputable grading service like the Professional Coin Grading Service (PCGS) or Numismatic Guaranty Corporation (NGC) for authentication and grading.
4. Seek Expert Appraisal:
   • Engage with a professional numismatist or a trusted coin dealer to evaluate the coin’s authenticity and potential value.

Comparison of 1975 Roosevelt Dime Varieties

Identifying a 1975 Roosevelt Dime worth $350,000 requires careful examination of the coin’s mint mark, finish, and overall condition.

$201K Bicentennial Quarter and 6 Other Rare Coins You Should Watch For!

Due to the rarity of the “No S” variety, professional authentication and grading are essential steps in determining its value.

FAQs

What is the 1975 “No S” Roosevelt Dime?

It’s a rare proof coin struck at the San Francisco Mint in 1975 without the “S” mint mark, making it highly valuable.

How can I tell if my 1975 dime is the rare “No S” variety?

Look for the absence of the “S” mint mark on a proof coin with a mirror-like finish.

Why is the 1975 “No S” Roosevelt Dime so valuable?

Only two are known to exist, making it one of the rarest modern U.S. coins.