The Roosevelt Dime has been a staple of American coinage since 1946, honoring President Franklin D. Roosevelt. While most dimes are worth only ten cents, rare varieties and minting errors have elevated some into legendary status. Among these, the 1975 No‑S Roosevelt Dime stands out as one of the most astonishing discoveries in numismatic history. Valued at an incredible $300 million in 2026, this coin is considered a minting miracle that should not exist, yet continues to stun experts and collectors alike.
Origins of the Roosevelt Dime
The Roosevelt Dime was introduced shortly after Roosevelt’s death to commemorate his leadership and his role in founding the March of Dimes. Designed by John R. Sinnock, the obverse features Roosevelt’s portrait, while the reverse shows a torch flanked by an olive branch and an oak branch, symbolizing liberty, peace, and strength. Over the decades, the dime has remained a constant in circulation, but certain rare issues have become prized collectibles.
The 1975 No‑S Proof Dime
In 1975, proof coins were struck at the San Francisco Mint and should have carried the “S” mint mark. However, a few dimes were mistakenly struck without the mint mark, creating the famous 1975 No‑S Roosevelt Dime.
- Feature: Missing “S” mint mark on proof coins
- Rarity: Only a handful known to exist
- Value: Estimated at $300 million in 2026
Why It Shouldn’t Exist
Proof coins are carefully inspected, and mint marks are an essential part of the design. The absence of the “S” mint mark was a minting oversight that should have been caught before release. The fact that these coins entered circulation makes them one of the rarest modern U.S. coin errors. Their existence challenges the precision of minting processes and highlights the unpredictability of coin production.
Rare Coin Value Chart 2026
| Coin | Notable Feature | Estimated Value (2026) |
|---|---|---|
| 1975 No‑S Roosevelt Dime | Missing mint mark | $300,000,000 |
| 1968 No‑S Roosevelt Dime | Missing mint mark | $50,000–$100,000+ |
| 1970 No‑S Roosevelt Dime | Missing mint mark | $75,000–$150,000+ |
| 1983 No‑S Roosevelt Dime | Missing mint mark | $500–$2,000+ |
| 1990 No‑S Roosevelt Dime | Missing mint mark | $500–$1,500+ |
Historical Price Changes
The value of No‑S Roosevelt Dimes has steadily increased over the decades. Earlier examples such as the 1968 and 1970 No‑S dimes have sold for tens of thousands, while later issues like the 1983 and 1990 varieties remain valuable but more affordable. The 1975 No‑S dime, however, has reached unprecedented heights, with its valuation soaring to $300 million in 2026. This makes it one of the most valuable coins in the world.
The Importance of Condition
Condition plays a crucial role in determining value. Proof coins graded PR69 or PR70 by professional grading services are especially valuable, as they represent near‑perfect examples. Collectors look for sharp details, flawless surfaces, and strong eye appeal. Certified coins with missing mint marks are considered treasures, and the 1975 No‑S dime is the pinnacle of rarity.
Market Trends in 2026
The rare coin market remains strong in 2026. Auction houses report record prices for legendary coins like the 1975 No‑S dime, while online platforms have expanded access to trading. Certified coins in high grades continue to attract strong demand, and error varieties remain popular among enthusiasts. Historical price changes show steady appreciation, with rare Roosevelt Dimes achieving values in the millions.
Collecting Tips for Enthusiasts
- Learn to recognize missing mint mark varieties such as the 1968, 1970, and 1975 No‑S dimes
- Preserve coins in protective holders to prevent scratches
- Verify authenticity through professional grading services
- Focus on condition, as higher grades significantly increase value
- Stay informed about auction results and market trends
Historical Significance
The 1975 No‑S Roosevelt Dime is more than just currency; it is a piece of American history. Its introduction reflects the complexities of minting and the rare mistakes that can create legendary collectibles. Collectors treasure these coins not only for their monetary worth but also for the stories they tell about the U.S. Mint and its processes.
Key Highlights
- The Roosevelt Dime was introduced in 1946 to honor Franklin D. Roosevelt
- The 1975 No‑S proof dime is one of the rarest modern coin errors
- Only a handful exist, making it valued at $300 million in 2026
- Condition plays a major role, with PR69 and PR70 examples commanding record prices
- Collector demand remains strong, with rare Roosevelt Dimes achieving record auction results
Final Words
The 1975 No‑S Roosevelt Dime continues to captivate collectors in 2026. With a valuation of $300 million, it represents both financial opportunity and historical legacy. Whether discovered in a collection or purchased at auction, this dime reminds us that even small coins can hold extraordinary stories and fortunes. For enthusiasts, collecting Roosevelt Dimes is not just about wealth but about preserving a piece of America’s past for generations to come.