Uncommon, misprinted dime minted in 1975 sells for $506,250

A rare 1975 dime lacking its “S” mint note used to be auctioned for $506,250. Voice courtesy of GreatCollections Nov. 5 (UPI) — A rare U.S. dime lacking its mint note used to be auctioned for $506,250, simply about 30 instances the amount it offered for 46 years earlier. GreatCollections, which handled the auction of

Uncommon, misprinted dime minted in 1975 sells for $506,250

A rare 1975 dime lacking its

A rare 1975 dime lacking its “S” mint note used to be auctioned for $506,250. Voice courtesy of GreatCollections

Nov. 5 (UPI) — A rare U.S. dime lacking its mint note used to be auctioned for $506,250, simply about 30 instances the amount it offered for 46 years earlier.

GreatCollections, which handled the auction of the “1975 No S Proof Dime,” stated the coin used to be purchased by an Ohio collector and his mother for $18,200 in 1978, and it remained with the family for simply about 50 years.

The collector’s family made up our minds to dangle the dime auctioned, and it used to be given a Proof-67 grade by the Legitimate Coin Grading Carrier sooner than fetching a sum of $506,250.

“We bought hobby on this up to the moment rarity from in every single set the arena — extreme collectors from Germany, Japan and the U.K., as well as collectors from the U.S. — over 400 genuine bidders had been actively monitoring the auction,” GreatCollections President Ian Russell stated in a data release.

The dime is basic for its lacking “S” mint note, which may perhaps presumably signify it used to be minted in San Francisco. It’s totally one in all two examples identified to composed exist.

“Right here’s the Grail of recent coins, one that is lacking from the Smithsonian, ANS and ANA institutional collections. After nice looking bidding, it used to be in the end won by a prolonged-time client of ours who appreciates rarities that generally seem within the marketplace. His blueprint is for his family to bear in mind it for the next 46 years, objective like the seller’s family who consigned it to GreatCollections,” Russell stated.

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