Some dimes, often overlooked as modest ten-cent pieces, hold surprising value in the numismatic world. These coins stand out not for their size or face value but for their historical significance, rarity, and craftsmanship. Here’s a closer look at some of the most extraordinary and valuable dimes ever sold.
Rare and Valuable Dimes in U.S. History
1860-O Seated Liberty Dime (MS67)
This dime, minted in New Orleans, had a production run of only 40,000 coins. Of these, roughly 400 are believed to exist today, with just a few in mint-state condition.
- Value: Circulated examples graded at 2 are worth about $700. However, an MS67 grade dramatically increases the value, with one sold for $192,000 in August 2022. The highest-valued specimen could command up to $225,000.
1843-O Seated Liberty Dime (MS66)
Another rarity from New Orleans, the 1843-O Seated Liberty dime had limited mintage and even fewer survivors. With only about 200 known examples, most are in heavily circulated condition.
- Value: Lower-grade coins start at $200, but the sole MS66 example is valued at over $250,000.
1916-D Mercury Dime Full Band (MS67)
The Mercury dime, minted in Denver in 1916, is among the most iconic coins for collectors. Only 264,000 were produced, and examples with the “Full Band” designation—indicating sharp details on the fasces—are especially prized.
- Value: Coins graded MS67 with Full Band detail can fetch over $200,000.
1797 Draped Bust Dime (16 Stars, MS66)
One of the earliest U.S. dimes, the 1797 Draped Bust with 16 stars represents a significant piece of American history. These coins are extremely scarce, particularly in higher grades.
- Value: An MS66 coin sold for $199,750 in 2015, with its current value estimated at $275,000.
1797 Draped Bust Dime (13 Stars, MS65)
This variation features 13 stars, representing the original colonies. Only about 50 examples exist, with just five known in mint condition.
- Value: An MS65 specimen sold for $402,500 in 2006, and its value has likely increased significantly.
1975 No-S Roosevelt Dime (PR68)
The absence of the “S” mintmark makes this proof dime an exceptionally rare error. Only two examples are known, making it a holy grail for modern coin collectors.
- Value: One PR68 example sold for $456,000 in 2019.
1822 Capped Bust Dime Proof (PR66+ Cameo)
Capped Bust dimes from 1822 include proof coins struck for archival purposes. Only two cameo examples exist, characterized by frosted details against a mirrored background.
- Value: A PR66+ Cameo sold for $440,625 at auction, with the highest-graded example estimated at $600,000.
1796 Draped Bust Dime (MS66+ and MS68)
As the first year of U.S. dime production, the 1796 Draped Bust dime is a cornerstone of American numismatics. Of the original 22,000 minted, about 850 survive, with fewer than 100 in mint condition.
- Value: An MS66+ coin fetched $372,000 in 2023, while the sole MS68 example is valued at an astounding $1.25 million.
1820 Capped Bust Dime Proof (PR66)
The 1820 Capped Bust proof dime is a subject of debate among numismatists, but its rarity is undisputed. Only one PR66 example has been authenticated.
- Value: This unique proof coin sold for $156,000 in 2019.
What Makes These Dimes So Valuable?
Several factors contribute to the extraordinary value of these dimes:
- Rarity: Limited mintage and low survival rates make these coins highly desirable.
- Historical Significance: Many of these dimes reflect pivotal moments in U.S. history, from early minting practices to rare mintmark errors.
- Condition: Coins in mint-state or proof condition fetch exponentially higher prices due to their exceptional preservation and aesthetic appeal.
These small coins carry a legacy far beyond their face value. From the intricate designs of Draped Bust and Seated Liberty dimes to the fascinating errors of modern-day Roosevelt dimes, these treasures continue to captivate collectors and investors alike. Whether you’re diving into numismatics or simply curious, these dimes prove that value isn’t always about size—it’s about the story.
What is the most expensive dime ever sold?
The 1796 Draped Bust dime in MS68 is currently valued at $1.25 million, making it the most valuable dime ever.
What does “Full Band” mean on a Mercury dime?
“Full Band” refers to the sharp, full details on the fasces (a bundle of rods) on the coin’s reverse, indicating superior strike quality.
Why are dimes from the 1970s without mintmarks valuable?
These dimes are error coins, such as the 1975 No-S Roosevelt dime, which are exceedingly rare due to minting mistakes.
