A Dime worth nearly $2 million dollars (2024)

A Dime worth nearly $2 million dollars (1)

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Published Mar 15, 2024

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AUCTION RECORD: $1,997,500 • PR66BM • 01-06-2016 - PCGS Coin Facts

The 1894-S Barber Dime is one of the most storied and rare coins in American numismatics, often placed alongside the 1913 Liberty nickel and the 1804 silver dollar as one of the "Big Three" rarities. Only 24 of these dimes were struck at the San Francisco Mint, all in Proof condition, making their existence a significant mystery and the subject of various theories. This particular dime, known as the Gem Daggett specimen, is among the finest known examples and has been highly sought after by collectors.

Learn more about dime history: https://bullionsharks.com/dime-history/

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Historical Context and Theories: The reason for the extremely limited mintage of the 1894-S dimes has been debated among numismatists. One early theory suggested they were struck to balance the books at the San Francisco Mint, while another theory, known as the Presentation Specimen theory, proposed that they were minted as souvenirs for banker friends of the Mint Superintendent, John Daggett. The actual story behind these coins remains partly speculative, with only a few known facts including their Proof strike and the year of mintage.

Pedigree and Collecting History: The pedigree of the 1894-S dimes is as intriguing as their origin, with several specimens having well-documented histories that trace through notable collections and auctions. The Daggett Specimen, in particular, is known for its excellent preservation and has passed through the hands of various collectors, each adding to its lore and desirability.

Condition and Valuation: Certified by PCGS as Proof 65, the Gem Daggett specimen exhibits exquisite light blue and claret coloration with light iridescent toning over mirrored fields, and features sharply defined design elements. Its sale for nearly 2 million dollars highlights its rarity and the high value placed on it by collectors, making it a prized possession in the numismatic world.

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A Dime worth nearly $2 million dollars (2024)

FAQs

A Dime worth nearly $2 million dollars? ›

One of the treasures to look out for is the 1894-S Barber Dime—an extremely limited, rare mint run of which only two are believed to still be in general circulation. Barber dimes was a style regularly minted from 1892 to 1916, named after the Chief Engraver of the mint, Charles E.

What rare dime is worth $2 million? ›

One of the treasures to look out for is the 1894-S Barber Dime—an extremely limited, rare mint run of which only two are believed to still be in general circulation. Barber dimes was a style regularly minted from 1892 to 1916, named after the Chief Engraver of the mint, Charles E.

How much is 2 million dimes in dollars? ›

Police on the scene say an estimated two million dimes, worth $200,000, were stolen.

What dime is worth over $1,000,000? ›

According to the Professional Coin Grading Service, a Mint State 65 grade 1894-S dime could fetch between $1 million and $1.5 million. Even in a lower Mint State 60 grade, this rare coin brings in $400,000 to $500,000.

How much is a 1972 dime worth? ›

Price Guide
PrAgG55
$0.15$0.15$0.15
$0.15

What is the rarest dime? ›

The 1894-S Barber dime is a true gem of American coinage. With only a small number of specimens known to exist, this rare dime is considered not only one of the most valuable dimes in American history, but one of the most valuable coins in general. In auction, these iconic coins have sold for $1 million to $2 million.

What dimes are worth $2000? ›

Normally there will be a letter representing the mint mark. Should no letter be present, you may be in luck. Because of this error, this particular 1982 “No P” dime is considered rare and could be worth up to $2,000 (or even more).

How heavy would 2 million dimes be? ›

According to the U.S. Mint website, a dime weighs 2.268 grams. So if 2 million dimes were stolen, that equals about 10,000 pounds or five tons of weight.

How many dimes make $100? ›

A “dime” is a US coin worth 10 cents, or 10/100 dollar. Ten dimes to the dollar means it takes 1000 dimes to be worth $100.

What dime is worth $456000? ›

That's what happened a few years ago, when a 1975 “No-S” Proof Roosevelt dime sold for $456,000.

What Roosevelt dimes are worth keeping? ›

Here's a look at the 10 most valuable Roosevelt Dimes, according to CoinValueChecker.
  • 1975 No S Proof Type 2 Clad Roosevelt Dime: Sold for $456,000 in 2019.
  • 1968 No S Proof Deep Cameo Type 2 Clad Roosevelt Dime: Sold for $47,000 in 2020.
  • 1951 Proof Deep Cameo Type 1 Silver Roosevelt Dime: Sold for $23,500 in 2014.
Jan 20, 2024

What is the rare Barber dime? ›

The 1894-S Barber dime is a dime produced in the United States Barber coinage. It is one of the rarest and most highly prized United States coins for collectors, along with the 1804 dollar and the 1913 Liberty Head nickel. One was sold in 2005 for $1.3 million, and another for $1.9 million in 2007.

How rare is a 1923 dime? ›

With a total mintage of more than 50 million pieces, it should not come as a surprise that 1923(P) dimes are common across all grades through MS 65. Most Mint State survivors have excellent luster and are reasonably well struck.

What is a 1977 D dime worth? ›

In MS67, the highest graded FB example, the 1977-D Roosevelt Dime is worth just over $1,000. In just one grade lower (MS66), coins with the FB designation are worth approximately $150. This price then drops to $25 for examples graded MS65 and to between $10 and $20 for MS63 –64 graded examples.

Why is a 1965 dime valuable? ›

Here's why one thin dime can be worth so much: Way back when, the U.S. Mint was getting ready to discontinue producing silver Roosevelt dimes dated “1964.” In place of silver, dimes dated “1965” (and later) were to be made from a metallic clad sandwich called “cupronickel” (copper and nickel).

How much is a 1977 No mint mark dime worth? ›

Examples between MS60 and MS63 are very common and command a price somewhere between $1 and face value. As a circulating coin with a large mintage of 376,607,228 pieces, non-Mint State examples have no numismatic premium and are only worth face value.

What coin is worth $1000000? ›

1943 Bronze Lincoln Penny. Now we're getting into some serious money. The 1943 Bronze Lincoln penny has gone for hundreds of thousands of dollars, but it could go for as much as $1 million in perfect shape, according to Urban Aunty — as long as it's missing a mint mark (and thus from Philadelphia).

How much is a 1987 P dime worth? ›

1987 P Roosevelt Dime Value

According to the NGC Price Guide, as of June 2024, a Roosevelt Dime from 1987 in circulated condition is worth between $0.15 and $0.35. However, on the open market 1987 P Dimes in pristine, uncirculated condition sell for as much as $130.

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