$350,000 is a very high value for a Roosevelt dime from 1975. However, some very rare versions of this coin might be able to fetch that much.
A 1975 Roosevelt Dime Worth $350,000? How To Tell If You Have One Of These Rare Dimes
This is why some 1975 dimes may be worth a lot of money and how to tell if you have one of these rare coins:
1. Coins with errors (misprints or rare mistakes made during minting)
An important reason a 1975 Roosevelt dime might be worth so much is if it has a major mistake or misstrike, like
- Double Die: When the die used to strike the coin isn’t lined up right, features like “LIBERTY” or “IN GOD WE TRUST” are printed twice. This kind of mistake is rare and important.
- Off-Center Strike: This happens when the coin isn’t centered on the die, which leaves out or misaligns part of the image.
- Some coins have marks or indentions left by something getting stuck between the die and the metal. This is called “struck through,” and fans may want to find it.
- Silver Not Present or Other Composition Errors: A dime that is missing silver or has an odd strike mistake could be valuable to collectors.
2. Planchet Clipped or Wrong Planchet
When the metal blank (planchet) that is meant to be struck into a coin gets cut by accident, leaving a piece of the coin missing, this is called a clipped planchet error.
This can make a coin that is one of a kind and collectible. When a dime is struck on a blank that was meant for a different coin, like a quarter or penny, this is called the wrong planchet mistake.
3. Uncirculated or Very Good Examples
Most 1975 dimes aren’t worth $350,000, but some that are in very good shape (MS-68 or higher on the Sheldon scale) can be. But these don’t usually sell for as much as error coins, unless the state is very rare or the coin is important historically.
How to Tell If Your 1975 Roosevelt Dime Is a Rare One:
If you want to know if your 1975 dime might be worth a lot of money, look for these things:
- Look for Clear Mistakes: Use a magnifying glass or loupe to look at the coin very carefully. Look for letters that are written twice, parts of the pattern that are missing, or any other oddities or markings on the coin’s surface.
- Look at the mint mark: If the dime was made somewhere other than Philadelphia, make sure it has a mintmark (D or S). Sometimes, the mintmark can affect how rare an item is, especially if it is paired with a unique mistake.
- Make sure the coin is real: If you think you have a rare mistake coin, have a service like the Numismatic Guaranty Corporation (NGC) or the Professional Coin Grading Service (PCGS) grade and confirm it. This will give the coin an official score, which could make it worth more on the market.
- Important examples of the 1975 dime:
- One of the most well-known examples of a very rare 1975 dime that could go up in value so much is one that has been struck off-center and is thought to be a mistake.
Your 1975 Roosevelt dime would be worth 10 cents if it doesn’t have any of these major flaws and is in good used condition. It might be worth a little more if it’s in mint condition. But if you think it might be something special, you should always think about having a numismatist or coin dealer look at it.
