Rare Dime Bought by Ohio Farm Family in the 1970s Sells for $500,000

The coin shows the 32nd President of the United States, Franklin D. Roosevelt. It is one of just two dimes of its kind known to exist without a special “S” mark.

An Ohio farm family recently sold a rare dime for just over $500,000.

The United States Mint in San Francisco produced the coin in 1975. It has a face value of one-tenth of one U.S. dollar. A mint is where a government makes money.

The coin features the 32nd President of the United States, Franklin D. Roosevelt. It is one of only two dimes of its kind known to exist without a special “S” mark.

Three sisters from Ohio inherited the dime after the death of their brother, who kept it in a bank for over 40 years.

The coin sold for $506,250 in an online sale, said Ian Russell, president of GreatCollections, an auction house in California.

The only other known example of the “1975 ‘no S’ proof dime” sold at a 2019 auction for $456,000. It was then sold again months later to a private collector.

The San Francisco mint made over 2.8 million special “proof” sets in 1975. The sets had six coins and cost $7. A few years later, collectors discovered that two dimes from the set did not have the mint mark.

Russell said the sisters from Ohio, who did not want to be identified, told him they inherited one of those two dimes.

Their brother and mother bought the coin for $18,200 in 1978, which would be about $90,000 today.

Their parents ran a dairy farm. They saw the coin as an investment.

I'm Ashley Thompson.

John Russell adapted this story from an Associated Press report.

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