In the numismatic world, certain misprinted dimes and nickels hold legendary status, captivating collectors and fetching extraordinary sums at auctions. These coins, born from minting errors or unique historical circumstances, are highly sought after for their rarity and the intriguing stories they tell. Let’s look into some of the most famous examples, their fascinating origins, and tips for adding them to your collection.
Iconic Misprinted Coins
Here’s a closer look at seven of the most renowned misprinted dimes and nickels, along with their auction histories:
1. 1975 No-S Proof Roosevelt Dime
This dime is a rarity due to the absence of the “S” mint mark, which typically indicates production at the San Francisco Mint.
- Significance: Only two such coins are known to exist.
- Auction Price: In October 2024, one sold for $506,250, appreciating dramatically from its $18,200 sale price in 1978.
2. 1894-S Barber Dime
With only 24 minted and just nine surviving examples, the 1894-S Barber Dime is among the rarest U.S. coins.
- Auction Price: Exceeded $1.9 million in a 2007 sale.
3. 1913 Liberty Head Nickel
This coin’s unauthorized minting adds a layer of mystery to its allure.
- Significance: Only five specimens were produced, making it exceptionally rare.
- Auction Price: Up to $3.7 million for pristine examples.
4. 1918/7-D Buffalo Nickel
An overdate error occurred when a 1917 die was repurposed in 1918, leading to nickels displaying both dates.
- Auction Price: $350,750 for high-grade specimens.
5. 1937-D Three-Legged Buffalo Nickel
Excessive die polishing removed one of the buffalo’s front legs, creating a striking error.
- Auction Price: Up to $99,875 for top-condition coins.
6. 1968 No-S Proof Roosevelt Dime
This dime also lacks the “S” mint mark, with fewer than 20 known examples.
- Auction Price: Over $20,000, depending on condition.
7. 1942/1 Mercury Dime
An overdate error led to a unique blend of the years 1942 and 1941 on this Mercury Dime.
- Auction Price: High-grade examples have sold for over $100,000.
Value Drivers for Error Coins
Minting errors like missing mint marks, overdates, or die polishing mistakes significantly enhance the value of coins. These anomalies often result in coins that stand out from standard issues, making them irresistible to collectors.
Factors Influencing Value
- Rarity: The fewer the examples, the higher the demand.
- Condition: Coins graded as MS-65 or higher command premium prices.
- Historical Significance: The story behind the error adds to its allure.
- Demand: Unique errors drive intense interest among collectors.
Coin Overview
| Coin | Description | Auction Price |
|---|---|---|
| 1975 No-S Proof Roosevelt Dime | Missing “S” mint mark; only two known | $506,250 |
| 1894-S Barber Dime | One of nine survivors; extremely rare | Over $1.9 million |
| 1913 Liberty Head Nickel | Unauthorized minting; five specimens | Up to $3.7 million |
| 1918/7-D Buffalo Nickel | Overdate error; displays 1917 and 1918 | $350,750 |
| 1937-D Three-Legged Buffalo Nickel | Missing front leg due to die polishing | $99,875 |
| 1968 No-S Proof Roosevelt Dime | Missing “S” mint mark; fewer than 20 known | Over $20,000 |
| 1942/1 Mercury Dime | Overdate error; elements of 1942 and 1941 | Over $100,000 |
Collecting Tips
If you’re intrigued by these fascinating error coins, here are some tips to guide your collecting journey:
- Authenticate: Seek certification from reputable grading services like PCGS or NGC to verify the coin’s authenticity.
- Focus on Condition: High-grade coins with minimal wear fetch significantly higher prices.
- Provenance Matters: Coins with a well-documented history tend to command premiums.
- Preserve with Care: Store your coins in airtight holders to protect against damage.
- Research the Market: Monitor auction results and collector trends to identify opportunities.
Misprinted dimes and nickels offer a captivating glimpse into minting history, with each coin telling a story of rarity and intrigue. Whether it’s the mystery of the 1913 Liberty Head Nickel or the unique overdate of the 1942/1 Mercury Dime, these coins represent the pinnacle of numismatic allure.
Collectors of all levels can find joy and potential financial gain in these fascinating errors, making them a rewarding addition to any collection.
FAQs
What makes error coins valuable?
Their rarity, demand, and historical significance enhance their value.
How many 1975 No-S Proof Dimes exist?
Only two examples are known to exist.
What is the most expensive error coin?
The 1913 Liberty Head Nickel, valued at up to $3.7 million.
How can I authenticate error coins?
Use professional grading services like PCGS or NGC.
What is the 1937-D Three-Legged Buffalo Nickel?
A minting error caused the buffalo to appear missing a front leg.
