As a result of the fact that the 1975 “No S” Roosevelt Dime is one of the most sought-after mistake coins in the field of United States numismatics, collectors consider it to be in high demand.
The San Francisco Mint was responsible for the production of this extremely uncommon piece; yet, it does not have the “S” mintmark, which is generally used to identify coins that were struck at San Francisco.
In order to better comprehend this extremely uncommon and precious coin, below is a guide:
Overview of the 1975 “No S” Roosevelt Dime
- Minting Error: The 1975 “No S” Roosevelt Dime was an error where the “S” mintmark, which should have been placed on the reverse side of the coin to indicate it was minted in San Francisco, was left off. The U.S.
- Mint had initially produced some proof coins for 1975 without mint marks as part of an experiment to create a unique set for collectors. However, in this case, the error occurred where the proof dimes from the San Francisco Mint were released without the “S” mintmark.
- Production and Release: The mintmark error only applies to proof coins struck at the San Francisco Mint. The San Francisco Mint was known for producing high-quality proof coins, and these dimes were part of a limited mintage.
- The “No S” error coins were issued alongside normal proof coins, but the “No S” examples were not intended to be released, making them exceedingly rare.
- Scarcity: Only a handful of 1975 “No S” Roosevelt Dimes were ever struck, and fewer have survived in excellent condition. As a result, this coin has become one of the most valuable U.S. dimes.
Key Features of the 1975 “No S” Roosevelt Dime
- Obverse and Reverse Design:
- The obverse of the coin features Franklin D. Roosevelt’s portrait, designed by John R. Sinnock.
- The reverse features a torch, olive branch, and oak branch, with the inscription “UNITED STATES OF AMERICA” and “E PLURIBUS UNUM.”
- The “No S” error is noticeable because it lacks the “S” mintmark beneath the olive branch, which should normally appear on proof coins struck at the San Francisco Mint.
Condition and Grading:
- The 1975 “No S” Roosevelt Dime is extremely rare in high grades. Coins in PR-68 (Professional Coin Grading Service) or higher can command significant premiums.
- The most common grades for this error coin are PR-63 and PR-64, but coins graded higher (like PR-67 or PR-68) can fetch higher prices.
- Value and Rarity:
- Value: The 1975 “No S” Roosevelt Dime is considered to be worth $100,000 or more in uncirculated condition, with auction prices climbing even higher for examples in pristine condition (up to $350,000 or more).
- Rarity: Only about 30-40 examples are believed to exist. The rarity and condition play a significant role in the price.
How to Identify a 1975 “No S” Roosevelt Dime
- Mintmark Location:
- The most obvious characteristic of the 1975 “No S” Dime is the absence of the “S” mintmark. Compare the coin with other 1975 proof dimes to confirm the mintmark is missing.
- Proof Quality:
- The “No S” dimes were produced as proof coins, so they should have a mirrored, shiny surface with sharp details, typical of proof-quality coins.
- Authentication:
- If you suspect you have a 1975 “No S” Roosevelt Dime, it’s essential to have it authenticated by a professional grading service (like PCGS or NGC) to ensure its legitimacy and to get an accurate assessment of its grade.
Why is the 1975 “No S” Roosevelt Dime So Valuable?
- Minting Error: This coin was never supposed to be released. While the U.S. Mint had made some experimental decisions during the production of proof coins in 1975, this particular error makes the coin highly rare and valuable.
- Rarity: The total number of 1975 “No S” Roosevelt Dimes that were struck is believed to be extremely low, contributing to their high value.
- Desirability Among Collectors: Error coins are among the most highly sought-after by numismatists, particularly those that are as rare and historically significant as this one.
What makes the 1975 “No S” Roosevelt Dime different from regular proof dimes?
On the reverse of regular proof dimes from 1975, the mintmark represented by the letter “S” would be located beneath the olive branch. Due to the fact that the “No S” mistake coins do not include any mintmark at all, they are extremely rare and extremely expensive.
What is the typical price range for a 1975 “No S” Roosevelt Dime?
Prices can vary greatly depending on the coin’s condition, but typical examples can sell for anywhere from $100,000 to $350,000 or more for top-grade pieces.
ALSO SEE : Top 3 Rare Dimes and Bicentennial Coins Worth Millions: A Treasure Trove for Collectors
How can I sell my 1975 “No S” Roosevelt Dime?
It is best to have the coin professionally graded and authenticated before selling it. After that, you can sell through auctions, reputable dealers, or even online platforms like eBay. Be sure to have a professional appraisal to ensure you get the best price.
