Introduction
A rare 1975 dime, hidden for decades by an Ohio farm family, is expected to fetch a huge payout at auction. This rare coin, inherited by three sisters, was kept safely in a bank vault for more than 40 years. Little did they know that their family’s hidden treasure could be worth over $500,000 today. This incredible story captures the attention of coin collectors and history enthusiasts alike, as the coin’s unique error—missing the “S” mint mark—makes it one of the rarest U.S. coins in existence.
The Hidden Gem: A Rare 1975 Dime
The Ohio sisters had no idea that the dime they inherited from their brother was worth such a fortune. This rare coin, struck by the U.S. Mint in San Francisco in 1975, has a significant error that makes it incredibly valuable: the missing “S” mint mark. The auction, handled by GreatCollections, could see this dime sell for over $500,000, making it a substantial windfall for the family.
What Makes the Coin So Valuable?
Coins from the U.S. Mint usually have mint marks that show where they were produced. In this case, most dimes made in San Francisco had an “S” mark. However, only two dimes from 1975 were produced without this mark, and this mistake has made these coins highly sought after. One of these coins was sold for $456,000 in 2019, and now the sisters’ coin is expected to surpass that amount.
Hidden for Decades
Despite being extremely rare, the two 1975 “no S” proof dimes remained a mystery to collectors for decades. The Ohio family who bought one of these coins kept it hidden for over 40 years in a bank vault. The sisters, who inherited the coin after their brother’s passing, have chosen to remain anonymous.
The Family’s Investment
The family bought the rare dime for $18,200 in 1978, which would be equivalent to about $90,000 today. Their parents, who operated a dairy farm, saw the coin as a financial safety net for the future. One of the sisters even mentioned that while her brother often talked about the coin, she didn’t see it in person until last year.
The Upcoming Auction
The rare 1975 dime will be displayed at a coin show in Tampa, Florida, before the online auction ends in late October. This will give collectors a chance to view this unique piece of history before it goes to the highest bidder. There’s a chance more dimes like this one could exist, but they would only be found in the 1975 “proof” sets sold by the U.S. Mint—not in regular pocket change.
Conclusion:
This rare 1975 dime, kept hidden for decades by a farm family in Ohio, is now set to fetch a massive amount at auction. With only two known examples of this error coin in existence, collectors are eager to bid on this valuable piece of history. As the sisters await their financial windfall, the story of their family’s hidden treasure reminds us all that sometimes, fortune can lie in the most unexpected places.
Table: Key Facts About the Rare 1975 Dime
| Fact | Details |
|---|---|
| Coin Type | 1975 “No S” Proof Dime |
| Mint | U.S. Mint, San Francisco |
| Missing Mark | “S” mint mark for San Francisco |
| Estimated Auction Value | $500,000+ |
| Previous Sale Price of Similar Coin | $456,000 in 2019 |
| Purchased by Family | 1978 for $18,200 (equivalent to $90,000 today) |
| Auction House | GreatCollections |
| Auction End Date | Late October 2024 |
| Location of Display | Tampa, Florida (Coin Show) |
EDUCAL HOME
FAQs
Why is the 1975 dime so valuable?
The 1975 dime is valuable because it was mistakenly produced without the “S” mint mark, making it one of only two known examples.
How much could the dime sell for at auction?
The rare dime is expected to sell for more than $500,000 at auction.
Where will the dime be displayed before the auction?
The dime will be displayed at a coin show in Tampa, Florida.
How did the Ohio family acquire the rare dime?
The family bought the rare dime in 1978 for $18,200, which is about $90,000 today.
Are there more coins like this one?
While it’s possible more examples of the rare dime exist, they would only be found in 1975 “proof” sets sold by the U.S. Mint.