In the numismatic world, certain misprinted dimes and nickels have captivated collectors, fetching impressive sums at auctions. These coins, often the result of minting errors or unique historical circumstances, are highly sought after for their rarity and the intriguing stories behind them.
1. 1975 No-S Proof Roosevelt Dime
One of the most renowned error coins, the 1975 No-S Proof Roosevelt Dime, lacks the “S” mint mark indicating production at the San Francisco Mint. Only two such dimes are known to exist. In October 2024, one sold for $506,250, significantly appreciating from its 1978 purchase price of $18,200.
2. 1894-S Barber Dime
The 1894-S Barber Dime is among the rarest U.S. coins, with only 24 originally minted and merely nine known survivors. Its rarity has led to auction prices exceeding $1.9 million, as seen in a 2007 sale.
3. 1913 Liberty Head Nickel
The 1913 Liberty Head Nickel is notable for its unauthorized minting, with only five specimens produced. These coins have reached prices up to $3.7 million at auction, reflecting their exceptional rarity and the mystery surrounding their creation.
4. 1918/7-D Buffalo Nickel
This overdate error occurred when a 1917 die was repurposed in 1918, resulting in some nickels displaying both dates. The 1918/7-D Buffalo Nickel is highly coveted, with auction prices reaching $350,750 for specimens in superior condition.
5. 1937-D Three-Legged Buffalo Nickel
Due to excessive die polishing, some 1937-D Buffalo Nickels were minted, missing one of the buffalo’s legs. This error has made the coin highly desirable, with auction prices up to $99,875.
6. 1968 No-S Proof Roosevelt Dime
Another proof dime missing the “S” mint mark, the 1968 No-S Proof Roosevelt Dime is rare, with fewer than 20 known examples. These coins have fetched over $20,000 at auction, depending on condition.
7. 1942/1 Mercury Dime
This overdate error features elements of both 1942 and 1941 dates. The 1942/1 Mercury Dime is a prized find for collectors, with high-grade examples selling for over $100,000.
Notable Misprinted Dimes and Nickels
Coin | Description | Auction Price |
---|---|---|
1975 No-S Proof Roosevelt Dime | Missing “S” mint mark; only two known | $506,250 |
1894-S Barber Dime | One of nine known survivors; extremely rare | Over $1.9 million |
1913 Liberty Head Nickel | Unauthorized minting; five specimens | Up to $3.7 million |
1918/7-D Buffalo Nickel | Overdate error; displays both 1917 and 1918 dates | $350,750 |
1937-D Three-Legged Buffalo Nickel | Missing front leg due to die polishing | $99,875 |
1968 No-S Proof Roosevelt Dime | Missing “S” mint mark; fewer than 20 known | Over $20,000 |
1942/1 Mercury Dime | Overdate error; elements of both 1942 and 1941 dates | Over $100,000 |
Understanding Coin Errors and Their Value
Minting errors can occur due to various factors, including die misalignment, overdates, and missing mint marks. These anomalies often result in coins that differ from standard issues, making them intriguing to collectors. The value of such error coins is influenced by factors like rarity, demand, historical significance, and condition.
Collecting Tips
- Authentication: Due to the high value of error coins, forgeries exist. It’s crucial to have coins authenticated by reputable grading services.
- Condition: The coin’s grade significantly impacts its value. Well-preserved coins command higher prices.
- Provenance: A documented history can enhance a coin’s desirability and value.
Collecting misprinted dimes and nickels offers a fascinating glimpse into minting history and the allure of rarity in numismatics. Whether you’re a seasoned collector or a curious novice, understanding these unique coins can enhance your appreciation of the hobby.
FAQs
What makes a coin an error coin?
An error coin results from mistakes during the minting process, such as misstrikes, overdates, or missing elements like mint marks.
Why are misprinted coins valuable?
Their rarity and uniqueness make them highly desirable to collectors, often leading to high auction prices.
How can I determine if my coin is an error coin?
Consulting a numismatic expert or using reputable coin grading services can help identify and authenticate error coins.
Where can I sell a rare error coin?
Auction houses specializing in numismatics, such as GreatCollections, or reputable coin dealers are suitable venues.
Are all error coins valuable?
Not all error coins are valuable; their worth depends on factors like rarity, demand, and condition.