One man nearly made a $920,000 mistake — by almost spending a dime that turned out to be a rare collector’s treasure. That seemingly ordinary Roosevelt dime, long overlooked in daily transactions, is now worth nearly a million dollars due to a rare minting error and pristine condition.
As more Americans start checking their loose change, stories like this one underscore the importance of knowing what to look for.
Let’s break down what made this dime so valuable, how to identify one like it, and what you should do if you find a rare coin.
Why Is This Roosevelt Dime Worth $920,000?
While most Roosevelt dimes are only worth their face value of 10 cents, certain versions with rare minting errors, missing mintmarks, or proof characteristics can command five- and six-figure prices. In this case, the dime’s astonishing value comes from a combination of factors:
- Missing Mintmark: Certain proof dimes were mistakenly minted without a mintmark, making them extremely rare.
- Proof Strike: Proof coins are struck with specially prepared dies and are much more detailed and mirror-like than regular coins.
- Condition: Coins in top-graded condition (e.g., PR67 and above) are significantly more valuable.
- Limited Existence: Only a handful of these error coins are believed to exist today.
All of these attributes combined elevated this Roosevelt dime’s value to nearly $920,000.
Most Valuable Roosevelt Dimes and Their Features
Here’s a quick comparison of some of the most valuable Roosevelt dimes that collectors watch for:
| Dime Type | Year | Key Feature or Error | Estimated Value |
|---|---|---|---|
| No-S Proof Dime | 1975 | Missing “S” Mintmark | Up to $920,000 |
| No-S Proof Dime | 1968 | Missing “S” Mintmark | $10,000 – $35,000 |
| Clipped Edge Dime | 1983 | Minting error (clipped planchet) | $300,000+ |
| No-P Business Strike Dime | 1982 | Missing “P” Mintmark | $500 – $2,000 |
How This Coin Almost Got Spent
The nearly-spent dime was found mixed in with a handful of change during a routine purchase. The individual was about to use it when a coin enthusiast noticed something unusual about its finish and lack of mintmark. Upon further inspection, it turned out to be one of the rarest Roosevelt dimes in existence — worth over $900,000.
This serves as a reminder that these valuable coins aren’t always sitting in vaults or museums — they can still circulate among everyday change.
What to Look for in a Valuable Dime
Not every Roosevelt dime is a jackpot, but you can improve your chances of finding one by checking the following details:
- Mintmark Location: On Roosevelt dimes, mintmarks appear near the base of the torch on the reverse or on the obverse near the date.
- Missing Mintmarks: Dimes from 1968, 1970, and 1975 that are proofs but missing the “S” mintmark can be extremely rare.
- Proof Quality: Look for mirror-like surfaces and sharp detailing, typically only found on proof coins.
- Errors: Clipped edges, off-center strikes, and double dies are among the most sought-after errors.
What to Do If You Think You Have a Rare Dime
If you come across a Roosevelt dime that seems unusual or matches any of the descriptions above, take the following steps:
- Do Not Spend It: Set it aside and handle it gently.
- Avoid Cleaning It: Cleaning can reduce a coin’s value significantly.
- Use Gloves: Oils and dirt from your fingers can affect grading.
- Have It Graded: Submit the coin to a professional coin grading service to authenticate its rarity and condition.
- Consult an Expert: Visit a local coin dealer or numismatist to discuss value and options.
Why These Coins Are So Valuable
The value of coins like this Roosevelt dime stems from:
- Rarity: The fewer there are, the higher the demand.
- Condition: Perfect or near-perfect coins fetch top prices.
- Historical Interest: Unique mint errors and production quirks tell a story that collectors are willing to pay for.
- Market Demand: A growing number of coin collectors and investors increases competition for rare finds.
In the world of coin collecting, even a 10-cent piece can turn into a six-figure windfall.
The Roosevelt dime worth $920,000 is a perfect example of how valuable treasures can hide in plain sight — even in your pocket. Whether you’re a seasoned collector or someone who just received change from a vending machine, it pays to check your coins closely.
As the value of rare coins continues to rise, more stories like this will surface. So before you drop your next dime into a tip jar or parking meter, take a closer look — you might be holding a small fortune in your hand.
FAQs
What makes a Roosevelt dime worth $920,000?
A combination of factors, including a missing mintmark, proof condition, rarity, and excellent preservation, can drive its value sky-high.
How do I know if my dime is a proof coin?
Proof coins have a mirror-like finish, sharp details, and are usually minted for collectors. They are not generally meant for circulation.
Can I sell a rare Roosevelt dime without grading it?
You can, but grading by a professional service increases trust and value. It’s highly recommended before selling high-value coins.