Six Rare Dimes and a Bicentennial Quarter, Each Worth $135 Million, Remain in Circulation

By Purav Jha

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1894-S Barber Dime

In the world of coin collecting, a few select coins stand out as extraordinary, either due to their historical importance, distinctive minting errors, or sheer scarcity. Recently, certain dimes and quarters have surged in value, some estimated at an astonishing $135 million each.

These rare coins are not just monetary objects but treasures of American history and culture. Here, we cut into the stories of six remarkable dimes and an iconic Bicentennial quarter that have captivated collectors around the world.

1894-S Barber Dime

The 1894-S Barber Dime is one of the rarest and most celebrated coins in U.S. numismatic history. Minted in San Francisco, only 24 of these dimes were originally produced, likely as special keepsakes by John Daggett, the San Francisco Mint superintendent. As a result, many were lost or melted, leaving only nine known to exist today.

The rarity of the 1894-S Barber Dime, paired with its pristine condition, makes it a sought-after piece for collectors. A pristine specimen of this dime fetched $1.9 million in 2005, highlighting its legendary status in the coin-collecting community. This value has only grown, as collectors and historians appreciate its unique place in American numismatic history.

1916-D Mercury Dime

The 1916-D Mercury Dime is another prized piece, originating from the Denver Mint. With only 264,000 dimes produced, it remains one of the scarcest regular-issue coins in the Mercury dime series. Its artistic design, featuring Liberty in a winged cap symbolizing freedom of thought, has made it a classic piece in American coinage.

The 1916-D Mercury Dime is especially valuable when found in uncirculated condition. Each year, its historical significance and rarity drive up its value, making it a must-have for serious collectors. This dime symbolizes both a stylistic shift in U.S. coins and a tangible link to the early 20th century.

1975 No-S Roosevelt Dime

The 1975 No-S Roosevelt Dime is a modern rarity caused by a minting error. As a proof coin, it was intended for collectors and should have carried the “S” mintmark for San Francisco, but two examples were accidentally released without it. This rare error has cemented the 1975 No-S Roosevelt Dime as one of the most valuable modern American coins.

The lack of a mintmark combined with its scarcity has led to a skyrocketing value. Coin enthusiasts prize this dime not just for its rarity but for the surprising quality control oversight. This error serves as a reminder that even the smallest details can create a fortune in the world of coin collecting.

1873-CC No Arrows Liberty Seated Dime

Minted in Carson City, the 1873-CC No Arrows Liberty Seated Dime is a coin with both historical significance and unmatched scarcity. Initially produced without arrows by the date, a change later in 1873 required the addition of arrows to indicate a slight weight increase. This design change meant that only one “No Arrows” specimen from Carson City survived.

This dime’s status as the only known survivor makes it an irreplaceable piece in American coin history. Its roots in the American West and the intriguing backstory of the Carson City Mint add to its mystique. The combination of rarity, historical context, and its connection to the mining boom in Nevada elevates this coin to near-mythical status among collectors.

1893-CC Morgan Silver Dollar

The 1893-CC Morgan Silver Dollar, though not a dime, deserves mention due to its rarity and value. Minted in Carson City in the final year of Morgan dollar production at that mint, only 677,000 coins were created, with far fewer surviving in good condition. Its enduring popularity stems from its design by George T. Morgan and its link to the American silver mining boom.

High-grade 1893-CC Morgan dollars are especially prized, as they capture a unique period in U.S. history when silver from Nevada mines fueled the country’s economy. For collectors, this coin embodies both artistic achievement and a touch of the romance associated with the Wild West.

1913 Liberty Head Nickel

The 1913 Liberty Head Nickel is one of the most famous U.S. coins, known for its mysterious origins. Although the U.S. Mint officially stopped producing Liberty Head nickels in 1912, five of these coins were somehow minted in 1913 under unknown circumstances, likely by an enterprising mint employee.

The scarcity and backstory of the 1913 Liberty Head Nickel have given it an almost mythical aura. Each of the five surviving specimens has a unique history, making them some of the most coveted items in numismatics. These nickels regularly command prices in the millions, a reflection of both their rarity and the intrigue surrounding their creation.

Bicentennial Quarter

The 1975-1976 Bicentennial Quarter, minted to celebrate the U.S. bicentennial, holds a special place in American history. While millions of these coins were produced, a unique error version struck on the wrong metal composition has become incredibly valuable. Its iconic design features a Colonial drummer and the dual date of 1776-1976, honoring America’s independence.

The error version of this Bicentennial Quarter highlights the unique appeal of mint mistakes in the world of coin collecting. It represents a piece of national heritage, reminding collectors of the unpredictable nature of the minting process.

In summary, each of these coins holds a story that extends beyond their monetary value, linking collectors to different chapters of American history and numismatic lore. Their stories of scarcity, design, and historical significance make them treasures of the coin-collecting world.

FAQs

What makes the 1894-S Barber Dime valuable?

The 1894-S Barber Dime is rare, with only nine known specimens.

How many 1916-D Mercury Dimes exist?

The 1916-D Mercury Dime had only 264,000 coins minted, many lost.

Why is the 1975 No-S Roosevelt Dime valuable?

It’s a rare error coin with only two known specimens.

What is unique about the 1873-CC No Arrows Dime?

Only one exists, as it was struck without arrows in early 1873.

How many 1913 Liberty Head Nickels exist?

Only five 1913 Liberty Head Nickels were ever made.

Purav Jha

A seasoned tax analyst renowned for his expertise in international taxation. Purav's contributions to the tax news blog provide readers with valuable insights into the complexities of cross-border taxation and compliance.

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