Roosevelt Dime is a coin that has a picture of the President of America, Franklin D. Roosevelt. This coin is of 10 cents (0.10 dollars) and is widely used in everyday transactions in America.
The 1982 Roosevelt Dime Mistake
In the year 1982, a variant of this coin was made in which a very small mistake was made – Mint Mark was not printed on it.
What is Mint Mark?
Mint Mark is a small letter that tells in which city’s mint (where coins are made) the coin is made. For example:
- “P” means Philadelphia Mint
- “D” means Denver Mint
- “S” means San Francisco Mint
Before the year 1980, coins made in Philadelphia usually did not have a “P”, but after 1980 it became mandatory to put “P”. So if a coin came out of the Philadelphia Mint in 1982 without a “P”, it is considered a major minting mistake.
Where Was This Priceless Coin Found?
This coin was not found in any auction, nor in any treasure excavation. Rather, it was found by a common man in a roll of coins taken from the bank.
That person used to bring rolls of coins from the bank as a hobby and look for old or unusual coins in them. He noticed that a 1982 Dime was a little strange – it did not have a Mint Mark on it. When he got it examined, it was found that it was the same rare “No P” Roosevelt Dime.
Read more: Rare Morgan Silver Dollar Found in Antique Store Sold for $1.8 Million
Why is This Coin So Expensive?
There are some reasons that make this coin so valuable:
Rarity
Very few such “No P” Roosevelt Dimes have been found so far. This was a limited mistake that happened in only a few coins.
History and Time of Mistake
This mistake happened at a time when the minting process was changing. This is why this mistake has become even more historic.
Recent Auction
Earlier, a similar coin has been sold in an auction for 2.5 lakh dollars. Now the condition of the newly found coin is better, so its price can be even higher.
Can There Be More Such Coins?
Yes, there can be. This is what makes this story the most interesting. Coins of this type may still be roaming in America – in the cash box of a shop, in your piggy bank, or in your wallet.
If you live in America or you have ever come across American coins, then it is possible that you also have such a priceless coin.
What is Coin Error?
Coin Error means minting error occurs when something goes wrong while making a coin – like:
- Mint Mark not printed
- Printing in the reverse direction
- Additional metal used
- Wrong design used
Some of these mistakes are very minor, but some are so rare that their price reaches thousands or millions of dollars.
How to Identify Valuable Coins?
If you also want to identify such coins, then keep in mind the tips given below:
- Look at the Mint Mark on the coin – it is important to see its place and clearly
- Look at the date carefully – like 1982 “No P” Roosevelt Dime
- If you see something unusual in the design of the coin, then note it
- If the condition of the coin is good, then its price can be high
- Get the coin certified by an expert – like organizations like PCGS or NGC
Can Such Rare Coins Be Found in India Too?
Yes, there are many old coins in India too whose price can be up to lakhs of rupees. Such as:
- One rupee coins with misprints
- Coins from the British India era
- Some coins minted in 1947 that are extremely rare
Where to Sell Such Coins?
If you think you have a special coin, you can use these platforms to sell it:
- International platforms like eBay or Etsy
- Indian websites like Coinbazaar, Numismatic Society of India
- Certified Auctions – where experts decide the price
Conclusion
The 1982 Roosevelt Dime is not a great looking coin, but a small minting mistake made it worth crores. This story teaches us that sometimes a little thing can lead to a big fortune.
So the next time you are counting coins or emptying a piggy bank, look carefully – maybe your next step is to find crores.
Remember – not every coin is worth just 10 cents, some coins are made of history, rarity and luck.
