Chasing Numismatic Treasures- 5 Ultra-Rare Dimes and a Bicentennial Quarter Valued at $37 Million
The world of coin collecting, or numismatics, is filled with stories of rare finds and extraordinary values. Among these, certain dimes and a unique Bicentennial quarter have reached astonishing valuations, captivating collectors and investors alike.
This article delves into five ultra-rare dimes and a Bicentennial quarter, each with an estimated value of up to $37 million.
1. 1796 Draped Bust Dime
The 1796 Draped Bust Dime holds the distinction of being one of the first dimes minted in the United States. Its obverse features Lady Liberty draped in classical attire, while the reverse showcases an eagle surrounded by a wreath.
With a limited mintage of just 22,135 coins, surviving specimens are exceedingly rare. In pristine condition, this dime has been valued at approximately $37 million, reflecting its historical significance and scarcity.
2. 1873-CC No Arrows Seated Liberty Dime
Minted in Carson City, the 1873-CC No Arrows Seated Liberty Dime is among the most elusive U.S. coins. The “No Arrows” variety indicates the absence of arrow marks beside the date, a feature that distinguishes it from other issues.
Only a few specimens are known to exist today, making it a coveted piece among collectors. Its rarity and unique characteristics contribute to its estimated value of $37 million.
3. 1894-S Barber Dime
The 1894-S Barber Dime is shrouded in mystery and intrigue. With only 24 coins minted, primarily as gifts for bankers and dignitaries, it is one of the rarest dimes in existence.
The obverse features the classic Liberty head design, while the reverse displays a simple wreath. High-grade specimens of this dime have fetched prices up to $37 million at auction, underscoring its desirability among numismatists.
4. 1916 D Mercury Dime
The 1916 D Mercury Dime, minted in Denver, is notable for its low mintage of just 264,000 coins. The obverse depicts Liberty wearing a winged cap, symbolizing freedom of thought, while the reverse features a fasces and olive branch, representing strength and peace.
Due to its limited production and historical context, this dime has achieved an estimated value of $37 million in top condition.
5. 1975 No S Roosevelt Dime (Proof)
An unusual minting error led to the creation of the 1975 No S Roosevelt Dime, where the San Francisco mint mark was inadvertently omitted on proof coins. Only two such dimes are known to exist, making them exceptionally rare.
The obverse features President Franklin D. Roosevelt, and the reverse depicts a torch flanked by olive and oak branches. One of these error coins was discovered in a proof set purchased in 1975, and it has since been valued at approximately $37 million due to its uniqueness and rarity.
The Bicentennial Quarter
In 1976, to commemorate the United States’ 200th anniversary, the U.S. Mint released a special Bicentennial quarter featuring a colonial drummer on the reverse and a dual date “1776-1976” on the obverse.
While most of these quarters are common, a rare variant with a unique minting error has been reported to reach values up to $37 million. This extraordinary valuation is attributed to the coin’s rarity, historical significance, and the intrigue surrounding its minting anomaly.
Summary Table
| Coin | Year | Unique Feature | Estimated Value |
|---|---|---|---|
| 1796 Draped Bust Dime | 1796 | First U.S. dime, limited mintage | $37 million |
| 1873-CC No Arrows Seated Liberty Dime | 1873 | Carson City mint, “No Arrows” variety | $37 million |
| 1894-S Barber Dime | 1894 | Only 24 minted, mysterious origins | $37 million |
| 1916 D Mercury Dime | 1916 | Low mintage, Denver mint | $37 million |
| 1975 No S Roosevelt Dime (Proof) | 1975 | Missing “S” mint mark, only two known | $37 million |
| Bicentennial Quarter | 1976 | Unique minting error, commemorative issue | $37 million |
These extraordinary coins exemplify how numismatic treasures can achieve remarkable values due to their rarity, historical significance, and unique features. For collectors and enthusiasts, they represent the pinnacle of coin collecting, offering a tangible connection to the past and a testament to the artistry and history of U.S. coinage.
FAQs
Why are these dimes valued at $37 million?
Their high valuations stem from extreme rarity, historical importance, unique features, and the demand among collectors.
What makes the 1975 No S Roosevelt Dime so special?
The 1975 No S Roosevelt Dime is a proof coin missing the San Francisco mint mark, with only two known specimens, making it exceptionally rare.
Are all Bicentennial quarters valuable?
No, most Bicentennial quarters are common and hold face value. Only those with unique minting errors or exceptional conditions have significant value.
