Dimes may seem like small, everyday coins, but some rare dimes have fetched incredible prices at auction. Whether due to minting errors, historical significance, or extreme rarity, certain dimes are highly prized by collectors and investors. In this article, we’ll explore some of the most expensive rare dimes ever sold at auction, showing just how valuable these seemingly modest coins can be.
1. 1894-S Barber Dime
The 1894-S Barber dime is widely regarded as one of the most valuable dimes ever sold. With only 24 coins ever minted and fewer than 10 known to exist, this coin is an extreme rarity. In 2016, a specimen was sold for a record-breaking $1.9 million at an auction. Its rarity, historical importance, and fascinating backstory have made it a true collector’s treasure.
2. 1916-D Mercury Dime
The 1916-D Mercury dime is one of the most coveted coins in the Mercury series. With just 264,000 coins minted, its rarity makes it highly sought after by collectors. A well-preserved 1916-D Mercury dime can command prices upwards of $400,000 at auction, depending on the condition. In recent years, the coin’s value has continued to rise, making it one of the most expensive dimes in the market.
3. 1945 Micro S Mercury Dime
A minting error created the 1945 Micro S Mercury dime, which features a smaller-than-usual “S” mintmark on the reverse side. This rare variation is highly collectible, and its value has skyrocketed in recent years. At an auction in 2017, one of these error coins sold for over $20,000, much higher than the average Mercury dime price. Its scarcity and unique error make it one of the most expensive dimes on the market.
4. 1895-O Barber Dime
The 1895-O Barber dime is another highly prized coin due to its rarity. Only a few thousand were minted, and few high-quality specimens remain. In 2015, one of these coins fetched more than $60,000 at auction. Its value continues to grow, and it remains a staple in any serious numismatic collection.
While dimes may have a face value of just 10 cents, some of the rarest examples are worth far more. The 1894-S Barber dime, 1916-D Mercury dime, 1945 Micro S Mercury dime, and 1895-O Barber dime are just a few of the most expensive rare dimes ever sold at auction. These coins serve as a reminder of how valuable rare coins can become, making them highly sought after by collectors and investors alike.
FAQ’s:
1. Why is the 1894-S Barber dime so valuable?
Only 24 were minted, and fewer than 10 are known to exist, making it an extreme rarity.
2. How can I identify a 1916-D Mercury dime?
Look for the “D” mintmark on the reverse side, just below the torch.
3. What is the value of a 1945 Micro S Mercury dime?
Well-preserved error coins can sell for $20,000 or more, depending on their condition.
4. Where can I sell my rare dimes?
Rare dimes can be sold through reputable coin dealers, numismatic auctions, or online marketplaces.
5. Are there any other rare dimes worth a lot of money?
Yes, other rare dimes, like the 1895-O Barber dime, are also highly valued and can sell for tens of thousands of dollars.
