You won’t believe it, but some of the best dimes are worth more than $1 million. But why are some dimes worth seven figures and others only worth the amount that’s written on them?
It might not always be clear at first glance the difference between regular and rare dimes. It is very important for new coin collectors to understand what makes a coin rare and valuable.
Let’s look at a list of some of the most expensive dimes and talk about why each one is worth more than its face value:
1796 and 1797 Draped Bust Dimes
The first dime was made in 1796, which is early in the history of the United States Mint’s production of government coins. The Draped Bust dime from 1796 is very expensive.
For one thing, it’s the first year that coin of that value was made, and for another, it’s a really rare coin. There were only 22,135 made, and only a few of them are still around.
Even in the very worn Good-4 grade, a 1796 dime is worth around $2,600. In the following year, 1797, very few dimes were made, and they are now worth $2,500 or more.
Carson City Liberty Seated Dimes from the 1870s
It looks like a lot of fans today are automatically interested in any coin that has the mintmark “CC.” The mint mark said that the coin was made in Nevada at the Carson City Mint. Today, fans think that all coins with the mintmark “CC” are very rare.
Very few people have the Carson City Seated Liberty dimes that were made from 1871 to 1874. All of them are Good-4 coins worth at least four figures.
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The most expensive of these dimes is the 1873-CC, which was only made in 12,400 pieces and is now only known to exist in one piece. One of its most recent deals brought in $1,840,000 for a mint 1873-CC dime.
1894-S Barber Dime
This is a rare dime that has a story on it. It is thought that the San Francisco Mint lost $2.40 in 1894 in bookkeeping.
To make things even, John Daggett, who was in charge of the San Francisco Mint, is said to have had 24 proof dimes with the date 1894 and the mintmark “S” made.
He then gave a lot of these 1894-S Barber dimes to people he knew well. It is said that he gave three to his daughter Hallie and that she spent one on ice cream and kept the other two.
1916-D Mercury Dime
The 1916-D Mercury dime is almost as well-known for being hard to find as the 1909-S VDB Lincoln cent. The 1916-D Mercury dime was only made in 484,000 pieces, and today there are only a few left—barely enough to meet collectors’ needs.
A 1916-D Mercury dime has always been hard to find in pocket change, even though a lot of people want to find one. Getting one from a coin dealer is the best way to get one.
The 1916-D is a very rare coin, and there aren’t many of them left. This makes them more valuable. Most of the time, low-circulation grades sell for around $1,000.
The nicer the specimen, the more it costs. Extremely Fine-40 pieces sell for about $5,500. Full Bands models that have never been used can fetch more than $10,000.
1942/1 and 1942/1-D Overdate Mercury Dimes
Two of the most sought-after dime types from the 20th century are these rare overdate types. Putting these two pieces from the same date together makes them even stranger.
The 1942/1 variety from Philadelphia makes the number “1” to the left of the date, just under the “2,” very clear. On the other hand, the 1942/1-D shows faint signs of the “1” under the left side of the “2.”
Most numismatists think that both of these cases are very rare. In the common grade, these coins are worth around $400 to $500. Even rarer are uncirculated coins, which can fetch $2,500 or more.
1975 No-S Roosevelt Dime
This 1975 No-S proof Roosevelt dime is one of the most expensive coins ever made. There are only two known examples. The most recent sale brought in $456,000, which is almost $500,000 USD.
It is clear why this coin is so valuable. You can only get a couple of these, but they are from one of the most popular sets of US coins. But owners, especially new ones, need to know that both of them have been found.
People will not find this coin in their small change.There probably is a third copy out there, but it’s a big “if.” It will probably be in a 1975 proof set.
You can find 1975 dimes in pocket change that don’t have a mintmark on them. This means they were made at the Philadelphia Mint, which didn’t put mintmarks on dimes back then.
1982 No-Mintmark Roosevelt Dime
Mintmarks on dimes were first put on them by the Philadelphia Mint in 1980. But in the early 1980s, mintmarks were still put on working dies one at a time by hand. It looks like a set of dies was used to make coins without the “P” mintmark.
A lot of these 1982 dimes with no mintmark were sent to Ohio, and it’s possible that thousands of them were used as change at Cedar Point in Sandusky, Ohio.
Barber and Mercury dimes
This article is mostly about the most expensive dimes, but that doesn’t mean that the ones that aren’t on this list aren’t worth keeping. All coins from the 1800s are hard to find and worth a lot of money.
This is also true for coins from the early 1900s. This is also true for Barber and Mercury dimes, which are all worth at least $2 even when they are worn.
All pre-1965 Roosevelt dimes
These are made up of 90% silver and are worth a lot more than what they are worth. At $25 an ounce, a worn-out Roosevelt silver dime from before 1965 is worth about $1.81 because it contains silver.
1996-W Roosevelt dime
Because the design was 50 years old, the West Point Mint made Roosevelt dimes with a W mintmark in 1996. They were included in sets of 1996 uncirculated coins made just for fans. This is still the only coin that wasn’t made from gold that was ever made at West Point.
