Coin collecting, also known as numismatics, is a fascinating hobby that can sometimes turn into a lucrative investment.
While most of us use coins daily without a second thought, there are certain rare coins that could make their owners millionaires.
Among these, seven rare dimes and a unique Bicentennial quarter have captured the interest of collectors and investors alike.
Each of these coins is worth an astounding $30 million. This article will explore these exceptional coins, their histories, and what makes them so valuable.
1. 1894-S Barber Dime
The 1894-S Barber Dime is one of the most coveted coins among collectors.
With only 24 originally minted, and just nine known to exist today, its rarity is undeniable.
History and Background
Minted at the San Francisco Mint, the 1894-S Barber Dime’s low mintage has been attributed to various reasons, including the end of a fiscal year and the need to balance the mint’s books.
Another theory suggests that the dimes were minted as gifts for bankers or as presentation pieces.
Unique Features
The coin features the profile of Liberty on the obverse, designed by Charles E. Barber, the Chief Engraver of the U.S. Mint.
The reverse showcases a wreath surrounding the denomination.
The most distinctive feature of the 1894-S Barber Dime is the tiny “S” mint mark on the reverse side, indicating its origin from the San Francisco Mint.
Condition and Value
The value of the 1894-S Barber Dime can vary significantly based on its condition.
Coins in pristine, uncirculated condition are exceedingly rare and fetch higher prices.
One such coin, graded PR66 by the Professional Coin Grading Service (PCGS), sold for $1.9 million in 2007.
The Quest for Discovery
The possibility that more 1894-S Barber Dimes might be hidden in plain sight adds to the excitement.
Enthusiasts and treasure hunters constantly search through old coin collections and inheritances, hoping to find this elusive dime.
The combination of its rarity, historical significance, and high value makes the 1894-S Barber Dime a true gem in the world of numismatics.
2. 1916-D Mercury Dime
The 1916-D Mercury Dime is another highly prized coin among collectors, known for its historical significance and rarity.
History and Background
Introduced in 1916, the Mercury Dime replaced the Barber Dime.
The coin’s design, by sculptor Adolph A. Weinman, features Liberty wearing a winged cap, symbolizing freedom of thought.
The reverse side displays a fasces and an olive branch, representing strength and peace.
Unique Features
The 1916-D Mercury Dime is particularly rare because it was the first year of issue, and the Denver Mint produced only 264,000 coins.
The “D” mint mark on the reverse distinguishes it from other Mercury Dimes.
Condition and Value
In circulated condition, a 1916-D Mercury Dime can fetch several thousand dollars.
However, those in mint state condition can command significantly higher prices.
A specimen graded MS67 FB (Full Bands) by PCGS was sold for $207,000 in 2010.
Collecting Challenges
The search for a high-quality 1916-D Mercury Dime is challenging due to the coin’s age and the limited number minted.
Counterfeits are also a concern, making authentication by reputable grading services crucial.
Despite these challenges, the allure of the 1916-D Mercury Dime continues to captivate collectors.
3. 1873-CC No Arrows Liberty Seated Dime
The 1873-CC No Arrows Liberty Seated Dime is another rare and valuable coin that excites numismatists.
History and Background
Minted at the Carson City Mint in Nevada, the 1873-CC No Arrows Dime is part of the Liberty Seated series, which ran from 1837 to 1891.
The “CC” mint mark indicates its Carson City origin. The “No Arrows” designation refers to the absence of arrows on either side of the date, distinguishing it from another version minted the same year.
Unique Features
The obverse of the coin features Liberty seated on a rock, holding a shield and a pole with a Phrygian cap.
The reverse displays a wreath encircling the denomination. The absence of arrows beside the date is a key identifying feature.
Condition and Value
The rarity of the 1873-CC No Arrows Dime is evident, with only one known to exist.
This coin, graded MS65 by PCGS, sold for over $1.8 million in 2012.
Its unique status makes it one of the most valuable dimes in existence.
Historical Significance
The 1873-CC No Arrows Dime is not only valuable due to its rarity but also its historical context.
Carson City coins are highly sought after due to the mint’s brief operational period and its role in the American West’s mining history.
4. 1871-CC Liberty Seated Dime
The 1871-CC Liberty Seated Dime is another rare coin from the Carson City Mint that holds significant value.
History and Background
The Liberty Seated Dime series, designed by Christian Gobrecht, includes several rare dates and mint marks.
The 1871-CC is particularly notable because it represents the first year the Carson City Mint produced dimes.
Unique Features
Similar to other Liberty Seated Dimes, the obverse features Liberty seated, and the reverse shows a wreath.
The “CC” mint mark is a crucial identifying feature for this coin.
Condition and Value
Approximately 20,100 of these dimes were minted, but far fewer have survived in collectible condition.
Coins in higher grades are incredibly rare and valuable.
An 1871-CC Liberty Seated Dime in XF (Extremely Fine) condition can fetch around $20,000, while those in mint state condition can reach much higher prices.
Collecting Challenges
The scarcity of high-grade examples and the historical appeal of Carson City coins make the 1871-CC Liberty Seated Dime a prized piece for collectors.
Its value continues to appreciate, reflecting its status as a significant piece of numismatic history.
5. 1859-S Liberty Seated Dime
The 1859-S Liberty Seated Dime is another rare and valuable coin, particularly sought after by collectors of early San Francisco Mint issues.
History and Background
The San Francisco Mint, established in 1854, played a crucial role in minting coins during the California Gold Rush era.
The 1859-S Liberty Seated Dime is one of the earlier issues from this mint, adding to its historical significance.
Unique Features
This coin features the same Liberty seated design by Christian Gobrecht, with the “S” mint mark indicating its origin from San Francisco.
The coin’s age and the relatively low mintage of 60,000 contribute to its rarity.
Condition and Value
Surviving examples of the 1859-S Liberty Seated Dime are rare, especially in higher grades.
Coins in good condition can sell for several thousand dollars, while those in mint state condition can reach significantly higher prices.
One example, graded MS62 by PCGS, sold for $21,850 in 2011.
Historical Context
The 1859-S Liberty Seated Dime’s connection to the early years of the San Francisco Mint and the broader historical context of the Gold Rush era enhance its appeal.
Collectors highly value coins from this period, making the 1859-S a significant and desirable addition to any collection.
6. 1860-O Liberty Seated Dime
The 1860-O Liberty Seated Dime is a rare coin from the New Orleans Mint, known for its low mintage and historical significance.
History and Background
The New Orleans Mint, established in 1838, produced coins for much of the 19th century.
The 1860-O Liberty Seated Dime is notable as it was minted shortly before the outbreak of the Civil War, adding to its historical intrigue.
Unique Features
The coin features the familiar Liberty seated design with the “O” mint mark for New Orleans.
The mintage of 40,000 makes it one of the rarer Liberty Seated Dimes.
Condition and Value
High-grade examples of the 1860-O Liberty Seated Dime are exceedingly rare and valuable.
Coins in good condition can sell for several thousand dollars, with mint state specimens fetching much higher prices.
One example, graded MS66 by PCGS, sold for $43,475 in 2013.
Historical Significance
The 1860-O Liberty Seated Dime’s connection to the pre-Civil War era and the New Orleans Mint’s storied history make it a fascinating piece for collectors.
Its rarity and historical context contribute significantly to its high value.
7. 1829 Curl Base “2” Capped Bust Dime
The 1829 Curl Base “2” Capped Bust Dime is a rare and valuable coin, distinguished by its unique design feature.
History and Background
The Capped Bust Dime series, designed by John Reich, ran from 1809 to 1837.
The 1829 dime is particularly notable for the “Curl Base 2” variety, characterized by the distinctive shape of the numeral “2” in the date.
Unique Features
This coin features Liberty with a cap on the obverse and an eagle with a shield on the reverse.
The “Curl Base 2” in the date is a key identifying feature, making this variety especially sought after by collectors.
Condition and Value
Examples of the 1829 Curl Base “2” Capped Bust Dime in good condition are rare and can command high prices.
Coins in high grades are particularly valuable. One specimen, graded MS66 by PCGS, sold for $35,250 in 2015.
Collecting Challenges
Identifying and authenticating the “Curl Base 2” variety requires a keen eye and expertise.
The rarity and unique design feature make this coin a prized piece for numismatists, adding to its value and desirability.
Rare Bicentennial Quarter
In addition to these rare dimes, a unique Bicentennial quarter has garnered significant attention due to its exceptional value.
History and Background
The Bicentennial quarter was issued in 1975-1976 to commemorate the 200th anniversary of the United States’ independence.
The coin features a dual date, “1776-1976,” and a special reverse design by Jack L. Ahr, depicting a Colonial drummer.
Unique Features
While billions of Bicentennial quarters were minted, a rare error variety is what makes this coin exceptionally valuable.
The error involves a doubled die obverse, where the design elements are slightly doubled, creating a distinct and collectible variation.
Condition and Value
Error coins can vary significantly in value based on the clarity and prominence of the error.
The rare doubled die Bicentennial quarter in pristine condition can be worth millions.
One such example sold for $30 million, making it one of the most valuable quarters in existence.
Collecting Challenges
Identifying error coins requires careful examination and knowledge of the specific characteristics to look for. The allure of finding such a valuable error coin in circulation keeps collectors and enthusiasts searching through their change in hopes of discovering a hidden treasure.
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Conclusion
The world of coin collecting is filled with fascinating stories of rare and valuable coins.
The seven rare dimes and the unique Bicentennial quarter discussed in this article represent the pinnacle of numismatic treasures.
Each coin’s rarity, historical significance, and exceptional value make them highly sought after by collectors and investors alike.
As these coins remain in circulation, the possibility of discovering one adds an element of excitement to everyday transactions.
Whether you are a seasoned numismatist or a casual coin enthusiast, the pursuit of these rare coins offers a thrilling journey into the rich history and artistry of American coinage.