The upcoming auction of a rare dime featuring President Franklin D. Roosevelt is generating significant buzz in the coin collecting community. Discovered by three Ohio sisters hidden for decades, the dime is expected to fetch over $500,000 at the online auction managed by GreatCollections. Minted in 1975 in San Francisco, this particular dime is one of only two known examples missing the “S” mint mark, making it highly sought after by collectors. The previous sale of a similar dime for $456,000 in 2019 has added to the excitement surrounding this auction.
The sisters, who inherited the dime after their brother’s passing, were unaware of its true value until recently. Initially purchased by their family for $18,200 in 1978, the coin was kept as a form of financial security.
The sisters were astonished by the coin’s worth when it was revealed by Ian Russell of GreatCollections. The upcoming display of the dime at a coin show in Tampa, Florida, is expected to spark further interest in rare coin collections, possibly leading to a renewed search for other lost examples of this rare coin. The fascinating backstory and sudden uncovering of the dime have captured the imagination of coin enthusiasts worldwide, drawing attention to the allure and potential treasures hidden within old collections. The substantial leap in value from its original purchase price to the estimated auction value showcases the enduring appeal and investment potential of rare coins in the market. The timing of this discovery and auction coincides with a growing trend of interest in numismatics, underscoring the enduring fascination with historical artifacts and unique pieces within the collecting community.