The numismatic world has recently been captivated by the discovery and auction of two exceptionally rare dimes, each with unique features that have left collectors in awe. These coins not only showcase intriguing minting anomalies but also highlight the rich tapestry of U.S. coinage history.
The 1841 “No Drapery” Dime with Cobalt-Blue Sheen
In December 2024, an 1841 Liberty Seated dime, distinguished by its unusual cobalt-blue and pale reddish-gold toning, was sold for an impressive $205,625. This coin, known as the “No Drapery” variety, is one of only two known specimens, making it a significant rarity in the numismatic community.
Distinctive Features
- Design: The obverse features Lady Liberty seated, surrounded by stars, with the word “LIBERTY” inscribed near her legs and the date at the bottom. The reverse displays “UNITED STATES OF AMERICA” encircling a wreath that encloses the denomination “ONE DIME.”
- Composition: Composed of 90% silver and 10% copper, the coin weighs 2.67 grams.
- Condition: The coin exhibits a delicate cobalt-blue and pale reddish-gold toning over fully mirrored and flawless fields, with boldly and completely defined design motifs.
Historical Context
The “No Drapery” design refers to the absence of extra drapery folds at Liberty’s elbow, a feature that was added in later issues. This particular design was part of the early series of Liberty Seated dimes, which began in 1840. The rarity and exceptional condition of this coin make it a once-in-a-lifetime acquisition for advanced collectors.
The 1975 “No S” Roosevelt Dime
Another remarkable discovery is the 1975 Roosevelt dime missing the “S” mint mark, indicating it was struck at the San Francisco Mint. This error is exceptionally rare, with only two known examples. In October 2024, one such dime was sold at auction for over $500,000.
Distinctive Features
- Design: The obverse features a portrait of President Franklin D. Roosevelt, while the reverse depicts a torch flanked by olive and oak branches.
- Mint Mark Anomaly: Proof coins struck at the San Francisco Mint typically bear an “S” mint mark. The absence of this mark on the 1975 proof dime is a significant minting error.
Provenance
The coin was part of a proof set purchased in 1978 for $18,200 by a family in Ohio, who viewed it as a financial investment. It remained in a bank vault for over four decades until it was inherited by three sisters, who auctioned it in 2024.
Auction Details
- Auction House: GreatCollections, based in Irvine, California.
- Sale Price: The coin fetched $506,250 at auction.
Comparison of the Two Rare Dimes
| Feature | 1841 “No Drapery” Dime | 1975 “No S” Roosevelt Dime |
|---|---|---|
| Year of Minting | 1841 | 1975 |
| Design | Liberty Seated | Roosevelt Portrait |
| Composition | 90% Silver, 10% Copper | Copper-Nickel Clad (Proof) |
| Mint Mark | None | Missing “S” (San Francisco) |
| Rarity | 2 known specimens | 2 known specimens |
| Auction Price | $205,625 | $506,250 |
The recent auctions of the 1841 “No Drapery” dime and the 1975 “No S” Roosevelt dime underscore the enduring allure of numismatics. These coins, with their unique features and rich histories, continue to captivate collectors and highlight the fascinating intricacies of coin minting and collecting.
FAQs
What makes the 1841 “No Drapery” dime so valuable?
Its rarity, being one of only two known specimens, combined with its exceptional condition and unique toning, significantly enhances its value.
Why is the missing “S” mint mark on the 1975 Roosevelt dime significant?
Proof coins from the San Francisco Mint are expected to bear the “S” mint mark. Its absence indicates a rare minting error, making the coin highly sought after by collectors.
How can I determine if my dime is a rare variant?
Examine the coin for unique features such as missing mint marks, unusual designs, or errors. Consulting a numismatic expert or referencing reputable coin guides can provide further insights.
