An terribly uncommon dime whose whereabouts had remained a thriller because the late Seventies has offered for simply over $500,000.
The coin, which was struck by the U.S. Mint in San Francisco in 1975, depicts President Franklin D. Roosevelt and is one in every of simply two identified to exist with out its distinctive “S” mint mark.
Three sisters from Ohio inherited the dime after the demise of their brother, who had saved it in a financial institution vault for greater than 40 years.
The coin offered for $506,250 in a web based public sale that concluded Sunday, based on Ian Russell, president of GreatCollections, an public sale home primarily based in Irvine, California.
GreatCollections by way of AP
The one different identified instance of the “1975 ‘no S’ proof dime” offered at a 2019 public sale for $456,000 after which once more months later to a non-public collector.
The mint in San Francisco made greater than 2.8 million particular uncirculated “proof” units in 1975 that featured six cash and have been offered for $7. Collectors just a few years later found that two dimes from the set have been lacking the mint mark.
Russell stated the sisters from Ohio, who needed to stay nameless, informed him that they inherited a type of two dimes however that their brother and mom purchased the primary error coin found in 1978 for $18,200, which might quantity to roughly $90,000 at this time. Their mother and father, who operated a dairy farm, noticed the coin as a monetary security internet.
