Dimes, though small in denomination, can hold immense value for collectors and investors. Certain rare dimes have fetched astonishing prices at auctions, turning pocket change into a potential fortune. Below is a detailed exploration of the top 10 most valuable dimes, highlighting their unique features and historical significance.
1. 1894-S Barber Dime
The 1894-S Barber Dime is one of the most coveted coins among collectors. Only 24 were minted, with merely nine known to exist today. One specimen sold for $1.9 million in 2007. The coin’s rarity stems from its limited mintage at the San Francisco Mint, possibly produced as gifts for bankers or to balance a $2.40 accounting discrepancy.
2. 1873-CC No Arrows Liberty Seated Dime
Minted in Carson City, the 1873-CC No Arrows Dime is exceedingly rare, with only one confirmed specimen. Its scarcity and historical context make it invaluable, with estimates reaching up to $3.6 million. The “No Arrows” designation indicates the absence of arrows beside the date, a feature that distinguishes it from other varieties.
3. 1975 No S Proof Roosevelt Dime
This modern rarity lacks the “S” mint mark, indicating it was mistakenly struck without the San Francisco Mint’s mark. Only two such dimes are known, with one selling for $456,000 in 2019. Its value lies in the minting error, making it a prized piece for collectors.
4. 1916-D Mercury Dime
The 1916-D Mercury Dime, minted in Denver, had a low mintage of 264,000. High-grade specimens with “Full Bands” on the reverse can fetch up to $207,000. The “Full Bands” refer to the distinct and complete horizontal bands on the fasces, indicating a strong strike.
5. 1871-CC Liberty Seated Dime
Another Carson City mint rarity, the 1871-CC Dime had a mintage of 20,100. Its association with the historic “Wild West” era and limited availability make it highly sought after, with auction prices reaching $270,250.
6. 1804 14 Stars Reverse Draped Bust Dime
This early U.S. dime features 14 stars on the reverse, a unique variation. With only 8,265 minted, it’s a significant piece of numismatic history, valued at $632,500. The 14-star reverse distinguishes it from the more common 13-star variety.
7. 1796 Draped Bust Dime
As the first dime issued by the U.S. Mint, the 1796 Draped Bust Dime had a mintage of 22,135. Its historical importance and rarity contribute to its value, with prices up to $881,250. Collectors prize it as a representation of early American coinage.
8. 1919-D Mercury Dime
The 1919-D Mercury Dime, minted in Denver, is rare in high grades. A well-preserved specimen sold for $218,500 in 2000. Its scarcity in mint condition makes it a valuable addition to collections.
9. 1872-CC Liberty Seated Dime
With a mintage of 35,480, the 1872-CC Dime is another Carson City rarity. Its connection to the Old West and limited numbers make it desirable, with values up to $480,000.
10. 1800 Draped Bust Dime
The 1800 Draped Bust Dime had a mintage of 21,760. Its age and limited availability make it valuable, with auction records up to $352,500. As an early American coin, it holds significant historical appeal.
Below is a table summarizing these dimes:
| Rank | Coin | Mintage | Auction Record | Notable Features |
|---|---|---|---|---|
| 1 | 1894-S Barber Dime | 24 | $1.9 million | Extremely low mintage, high collector demand |
| 2 | 1873-CC No Arrows Liberty Seated | 1 known | $3.6 million | Unique specimen, Carson City mint |
| 3 | 1975 No S Proof Roosevelt Dime | 2 known | $456,000 | Missing “S” mint mark, modern rarity |
| 4 | 1916-D Mercury Dime | 264,000 | $207,000 | Low mintage, “Full Bands” variant |
| 5 | 1871-CC Liberty Seated Dime | 20,100 | $270,250 | Carson City mint, historic significance |
| 6 | 1804 14 Stars Reverse Draped Bust | 8,265 | $632,500 | Unique 14 stars reverse design |
| 7 | 1796 Draped Bust Dime | 22,135 | $881,250 | First U.S. dime, historical importance |
| 8 | 1919-D Mercury Dime | 9,939,000 | $218,500 | Rare in high grades, Denver mint |
| 9 | 1872-CC Liberty Seated Dime | 35,480 | $480,000 | Carson City mint, Old West era |
| 10 | 1800 Draped Bust Dime | 21,760 | $352,500 | Early U.S. coinage, limited availability |
Conclusion
Collecting rare dimes can be a rewarding endeavor, both financially and historically. These coins offer a glimpse into America’s past and, for the discerning collector, can indeed make a fortune. Whether you’re a seasoned numismatist or a curious beginner, keeping an eye out for these valuable dimes could lead to a remarkable discovery.
