A uncommon 1975 dime, inherited by three sisters from Ohio and stored for greater than 4 many years, might fetch over $500,000 at public sale after it was revealed to be one in all solely two identified dimes with out a mint mark. The coin, struck by the US Mint in San Francisco, is lacking the “S” mark, making it a extremely precious collector’s merchandise.
The US Mint in San Francisco produced over 2.8 million proof units in 1975, that includes six cash offered for $7 every.Nevertheless, two of the dimes in circulation had been discovered to be lacking the mint mark, making them extraordinarily uncommon and extremely sought by collectors.
The sisters found the dime after the current loss of life of their brother, who had bought the coin with their mom in 1978 for $18,200 — a sum price round $90,000, per the New York Put up. In response to Ian Russell, president of Nice Collections, the household thought of the coin a monetary security internet and stored it for many years.
“They had been hidden for many years,” stated Russell, whose firm is managing the coin’s on-line public sale. “Most main collectors and sellers have by no means seen one.”
The whereabouts of the 2 dimes have been a thriller for years. The opposite dime was offered at public sale in 2019 for $456,000 earlier than being bought once more by a personal collector later that yr.
The Ohio sisters’ coin is now on show at a coin present in Tampa, Florida, earlier than the public sale closes in October. Coin specialists imagine this sale might surpass earlier data as a result of rarity and excessive demand for such a chunk.
The US Mint in San Francisco produced over 2.8 million proof units in 1975, that includes six cash offered for $7 every.Nevertheless, two of the dimes in circulation had been discovered to be lacking the mint mark, making them extraordinarily uncommon and extremely sought by collectors.
The sisters found the dime after the current loss of life of their brother, who had bought the coin with their mom in 1978 for $18,200 — a sum price round $90,000, per the New York Put up. In response to Ian Russell, president of Nice Collections, the household thought of the coin a monetary security internet and stored it for many years.
“They had been hidden for many years,” stated Russell, whose firm is managing the coin’s on-line public sale. “Most main collectors and sellers have by no means seen one.”
The whereabouts of the 2 dimes have been a thriller for years. The opposite dime was offered at public sale in 2019 for $456,000 earlier than being bought once more by a personal collector later that yr.
The Ohio sisters’ coin is now on show at a coin present in Tampa, Florida, earlier than the public sale closes in October. Coin specialists imagine this sale might surpass earlier data as a result of rarity and excessive demand for such a chunk.
