id you know that some dimes in circulation could be worth a small fortune? While they may seem like small change, a few rare and valuable dimes can bring in big money if you know what to look for.
With some luck and the right information, you might just uncover a coin worth thousands—or even millions. Here’s a guide on the three rare dimes that collectors prize the most, why they’re so valuable, and how you can identify these potentially life-changing coins.
1. The 1894-S Barber Dime
What Makes It Special:
The 1894-S Barber Dime is famous for its rarity and historic value. Only 24 of these dimes were minted, and fewer than 10 are believed to still exist. Designed by Charles Barber, this coin features Lady Liberty and has a modest but elegant style, typical of the period.
How to Identify It:
Look for the distinct “S” mintmark on the reverse side of the coin, which shows it was minted in San Francisco.
This mintmark is key to recognizing the true 1894-S Barber Dime, as other Barber dimes without the “S” don’t carry the same value. A well-preserved 1894-S dime can reach prices over $1 million in the rare coin market!
2. The 1916-D Mercury Dime
Why It’s So Sought-After:
The 1916-D Mercury Dime is another dime highly desired by collectors. This coin was minted in limited numbers, with just 264,000 produced.
Many of these were later melted down, which makes high-grade examples even rarer. The design features the image of “Liberty” with wings on her head, symbolizing freedom of thought.
How to Identify It:
Check the dime’s reverse side for the “D” mintmark, which indicates it was minted in Denver. Pay attention to the details on Liberty’s face and wings—sharp, clear designs with minimal wear indicate a higher-grade coin. A well-preserved 1916-D Mercury Dime can sell for up to $50,000, making it a true prize for collectors.
3. The 1968 No-S Roosevelt Dime (Proof)
Why It’s Unique:
This dime was part of a proof set intended for collectors, but it was struck without the “S” mintmark. The missing mintmark error occurred at the San Francisco mint, which typically adds an “S” on proof coins.
This error makes the 1968 No-S Roosevelt Dime extremely valuable, as only a few are known to exist.
How to Identify It:
Since proof coins have a special, polished look, this dime will stand out visually. Check for the absence of the “S” mintmark under the date on the coin’s obverse (front).
In high-grade condition, these coins can fetch up to $20,000, so it’s worth a close inspection!
Quick Guide to Identifying Rare and Valuable Dimes
| Coin | Mintage | Key Feature | Estimated Value |
|---|---|---|---|
| 1894-S Barber Dime | 24 | “S” mintmark on reverse | $1 million+ |
| 1916-D Mercury Dime | 264,000 | “D” mintmark on reverse | Up to $50,000 |
| 1968 No-S Roosevelt Dime | Rare | No mintmark on proof coin | Up to $20,000 |
Conclusion
Finding a rare dime could be as simple as taking a closer look at the coins in your pocket or spare change jar. Keep an eye out for the mintmarks, dates, and condition. If you come across an unusual dime that might fit the descriptions above, it could be worth a lot more than its face value.
With knowledge and a little luck, a common dime can turn into an extraordinary discovery worth tens of thousands, or even more.
So, next time you see a dime, take a closer look—you might just uncover a hidden treasure!
FAQs
Check the coin’s mintmark and condition. High-grade dimes with mintmarks matching specific years, such as “S” on an 1894 Barber or “D” on a 1916 Mercury, are especially valuable. Proof coins missing a mintmark, like the 1968 No-S Roosevelt Dime, are also prized.
Examine the coin under a magnifying glass. Look for clear details, minimal wear, and no major scratches or marks. Coins in “mint” or “uncirculated” condition are typically more valuable than those with wear and tear.
Yes, if you believe you have a valuable dime, consult a professional appraiser or take it to a reputable coin dealer. They can confirm its authenticity and grade, which are crucial factors in its value.
Rare coins can be sold through coin dealers, at coin shows, or online auctions. However, it’s essential to ensure the buyer is reputable. Some collectors prefer using certified auction houses, which can attract serious collectors.
While most modern dimes aren’t highly valuable, proof coins with errors, such as the missing mintmark on the 1968 No-S Roosevelt Dime, can be worth thousands.
