The 1975-S Roosevelt Dime is a valuable and rare coin that collectors highly sought after.
This dime was minted in San Francisco in 1975 and is known for its unique design and rarity.
This article will explore the history, valuation, and rarity of the 1975-S Roosevelt Dime.
We will examine its unique design and discuss why it is a valuable coin for collectors.
So, whether you’re a seasoned collector or just starting, read on to discover everything you need about the 1975-S Roosevelt Dime.
Key Takeaways:
1. The 1975-S Roosevelt Dime is a rare and valuable collectible item due to its historical significance and low mintage.
2. Understanding the dime’s historical context is crucial to understanding its value.
3. Valuation factors of the dime include its condition, rarity, and demand.
History
In 1975, the San Francisco Mint produced a distinctive version of the Roosevelt dime, encompassed within a proof set.
Of particular note is the 1975-S Roosevelt dime, characterized by an absence of the mint mark “S,” signifying its origin in San Francisco.
This anomaly, the “No-S” variety, holds substantial allure for coin collectors, rendering it a coveted addition to their collections.
The “No-S” error was not discovered until 1977 when a collector noticed that the dime in his proof set did not have the mint mark.
The error was confirmed and recognized as a significant rarity in the coin-collecting community.
Since then, the 1975-S “No-S” Roosevelt dime has become one of the most valuable coins in the United States.
The rarity of this coin has made it a highly sought-after item by collectors, and it has sold for large sums of money at auctions.
It is important to note that not all 1975-S Roosevelt dimes are “No-S” varieties.
Most of the 1975-S Roosevelt dimes have the “S” mint mark and are not considered rare or valuable.
It is only the “No-S” variety that collectors highly sought after.
Factors That Affect Value:
Several factors must be considered when determining the value of a 1975-S Roosevelt Dime.
This section will cover the main valuation factors that can affect the worth of a 1975-S Roosevelt Dime.
- Material Composition
- The composition of the 1975-S Roosevelt Dime comprises 91.67% copper and 8.33% nickel.
- It boasts a diameter measuring 17.91 mm and weighs 2.27 grams.
- While the coin’s metal content is inherently valuable and at least equal to its face value, its condition and rarity can elevate its worth beyond this baseline assessment.
- Condition and Grade
- The value of a 1975-S Roosevelt Dime can be significantly influenced by its condition and grade.
- Coins in exceptional condition, displaying no indications of wear or impairment, will hold a higher value than those that have been extensively circulated or damaged.
- An accredited grading service assesses the coin’s grade by considering its overall condition, encompassing its shine, striking quality, and surface preservation.
- Mintage and Circulation
- The mintage and circulation of a 1975-S Roosevelt Dime can also play a role in its value.
- The 1975-S Roosevelt Dime had a mintage of 2,845,450, which is relatively low compared to other Roosevelt Dimes from the 1970s.
- However, due to the large number of coins produced, the 1975-S Roosevelt Dime is still considered a common coin.
- Coins that have been in circulation for a long time may have more wear and tear, which can decrease their value.
In summary, the value of a 1975-S Roosevelt Dime is affected by its material composition, condition and grade, and mintage and circulation.
While the coin’s metal content guarantees a minimum value, coins in excellent condition with a high grade and low mintage are more valuable to collectors and can fetch a higher price.
Rarity Analysis
The 1975-S Roosevelt Dime is a proof coin minted in San Francisco with a mintage of 2,845,450.
One of the most notable variations is the 1975-S No-S Roosevelt Dime.
This coin was struck without the mint mark “S” on the obverse side, making it a unique and rare find.
Only two of these coins are known to exist, making it one of the rarest Roosevelt dimes.
In terms of condition, the 1975-S Roosevelt Dime can be found in grades from Proof-60 to Proof-70.
However, higher grades are harder to come by due to the susceptibility of proof coins to damage.
Overall, the rarity of the 1975-S Roosevelt Dime lies in its variations and errors.
While the standard version of the coin may not be particularly rare, the No-S variant is highly sought-after by collectors and can fetch high prices at auction.
Investment Potential of the 1975-S Roosevelt Dime
If you are considering investing in a 1975-S Roosevelt Dime, it is essential to understand this coin’s market trends and investment potential.
Here are some key points to keep in mind:
- This a relatively common coin, with a mintage of 2,845,450. However, the No-S proof variety is rare and highly sought after by collectors.
- The value has fluctuated over the years, ranging from a few dollars to hundreds of thousands for the no-S proof variety.
- In recent years, the value of the No-S proof 1975-S Roosevelt Dime has increased significantly, with one example with a PR-68 grade being sold for $456,000 in 2019.
- While there is always some risk involved in any investment, the 1975-S Roosevelt Dime has shown a strong track record of appreciation in value over the long term.
If you are interested in investing in a 1975-S Roosevelt Dime, it is important to do your research and work with a reputable dealer.
Look for coins that are in excellent condition and have been certified by a reputable grading service.
Remember that market demand, rarity, and condition can affect any coin’s value.
Overall, the 1975-S Roosevelt Dime offers a unique opportunity for collectors and investors alike.
With its fascinating history and potential for appreciation in value, it is a coin that will continue to capture the attention of numismatists for years to come.
In summary, the 1975-S Roosevelt Dime is a valuable and rare coin that collectors and investors seek after.
While most 1975 dimes were produced with a copper-nickel alloy, the 1975-S Roosevelt Dime was struck only as a proof coin with a 75% copper and 25% nickel composition over a pure copper center.
The 1975-S Roosevelt Dime has a mintage of 2,845,450 and is relatively scarce compared to other Roosevelt Dime issues.
Collectors highly sought after the coin due to its rarity and the fact that it was only produced in proof condition.
Before you go…
Overall, the 1975-S Roosevelt Dime is worth considering for collectors and investors. Its rarity and value make it a unique addition to any collection or portfolio.
Check out my next article: “Is the 1895-O Morgan Dollar Rare?“
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