Coin collecting, or numismatics, is a hobby that can sometimes lead to substantial financial rewards. Among the vast array of collectible coins, a few rare dimes and Bicentennial coins stand out due to their history, rarity, and value. Some of these coins are so rare and significant that owning one could make a collector a millionaire. Here’s a look at three of the most valuable dimes in American history, alongside some notable Bicentennial coins that are highly prized by collectors.
Rare Dimes That Can Make You a Millionaire
1894-S Barber Dime
The 1894-S Barber Dime is one of the rarest and most legendary American coins. Minted in 1894, only 24 of these dimes were produced, and only nine are known to exist today. This coin’s scarcity and mysterious origins—likely minted to balance the Mint’s accounts or as a special gift—add to its allure. One famous tale recounts how the daughter of the San Francisco Mint superintendent spent one of these dimes on ice cream, making the coin an iconic part of numismatic lore. Today, this coin can fetch up to $2 million at auction, offering a rare opportunity for collectors to hold a piece of American history with immense value.
1916-D Mercury Dime
The 1916-D Mercury Dime is another prized coin, minted in Denver with a very limited run of only 264,000. As one of the first Mercury dimes ever produced, it’s a key piece for collectors. Its design—featuring the Winged Liberty Head, often mistaken for the Roman god Mercury—adds to its appeal. A high-grade specimen of this coin (graded MS-67 by the Professional Coin Grading Service) sold for $207,000. With its historical significance and rarity, the 1916-D Mercury Dime remains a valuable and highly sought-after coin.
1975 No-S Roosevelt Dime Proof
Modern coin collectors highly prize the 1975 No-S Roosevelt Dime Proof due to a rare minting error. This coin was supposed to feature an “S” mintmark from the San Francisco Mint, yet a few proof versions were struck without it, making it a unique error coin. Only two examples of the 1975 No-S Roosevelt Dime Proof are known to exist, adding to its legendary status among collectors. Its value has soared, with recent auction prices reaching as high as $350,000. If you come across one, this coin could indeed turn a modest collection into a windfall.
Bicentennial Coins: Historic and Valuable Collectibles
The U.S. Mint celebrated the 200th anniversary of American independence by creating special Bicentennial coins in 1976. Though many were produced, specific varieties and error coins make certain pieces far more valuable than others.
1776-1976 Bicentennial Quarter
The Bicentennial Quarter, minted to honor the U.S. Bicentennial, is widely recognized due to its dual dating (1776-1976) and special reverse design. Among the millions of Bicentennial Quarters produced, the most valuable are those with a “doubled die” error on the obverse or reverse, caused by a misalignment that results in doubled images on the coin. Depending on the level of doubling and the coin’s condition, these quarters can be worth anywhere from $2,000 to $20,000, making them an exciting find for any collector.
1776-1976 Bicentennial Half Dollar
Similar to the Bicentennial Quarter, the 1776-1976 Bicentennial Half Dollar was minted in large quantities, but certain varieties make it a rare find. This coin’s desirability increases with varieties like the doubled die and errors such as the “No FG” version, which lacks the initials of the designer on the reverse. Furthermore, some of these half dollars were minted in 40% silver, increasing their value. High-grade examples with these errors have sold for thousands of dollars, making them a worthwhile addition to a collector’s portfolio.
1776-1976 Bicentennial Dollar
Also known as the Eisenhower Dollar, the Bicentennial Dollar was produced with a commemorative design and a dual date marking the nation’s Bicentennial. Although most Eisenhower Dollars hold only modest value, certain varieties can be quite valuable. The Type 2 Bicentennial Dollar, which features unique font and spacing on the reverse, is particularly collectible. In top condition, this coin can be valued at over $1,000, especially in proof or silver-clad versions, making it a prized addition for serious collectors.
Coin Name | Year | Discovery Location | Estimated Value |
---|---|---|---|
1894-S Barber Dime | 1894 | Various | $2 million |
1916-D Mercury Dime | 1916 | Denver | $207,000 |
1975 No-S Roosevelt Dime | 1975 | Proof Set | $350,000 |
1776-1976 Bicentennial Quarter | 1976 | Various | $2,000 – $20,000 |
1776-1976 Bicentennial Half Dollar | 1976 | Various | Several thousand |
1776-1976 Bicentennial Dollar | 1976 | Various | Upwards of $1,000 |
Collecting rare coins is an exciting blend of historical interest and investment potential. The 1894-S Barber Dime, 1916-D Mercury Dime, and 1975 No-S Roosevelt Dime Proof are exceptional coins with the potential to make collectors wealthy. Likewise, the 1776-1976 Bicentennial coins, including the Quarter, Half Dollar, and Dollar, hold historical value that may increase over time.
If you suspect you might have one of these coins in your possession, it’s worth having it appraised. Rare coin collecting is a journey into American history, with the added thrill that your collection might be hiding a fortune.
Why is the 1894-S Barber Dime so valuable?
The 1894-S Barber Dime is one of the rarest U.S. coins, with only 24 minted and just nine known to exist. Its rarity and historical significance contribute to its multi-million-dollar value.
What makes the 1916-D Mercury Dime a key coin for collectors?
With a low mintage of 264,000 and its status as one of the first Mercury dimes produced, the 1916-D is highly sought-after. High-grade specimens can be worth well over $100,000.
How can I identify a 1975 No-S Roosevelt Dime Proof?
The 1975 No-S Roosevelt Dime Proof lacks the “S” mintmark, which is typical for San Francisco Mint proof coins. With only two known examples, it’s an extremely rare error coin worth hundreds of thousands of dollars.