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

UPI ^ | November 05, 2024 | Ben Hooper

[PGalt]

Interesting. Numismatics BUMP

[Leaning Right]

> A rare U.S. dime missing its mint mark was auctioned for $506,250 <

Drats, foiled again! I bid $506,248.

Oh, well. It’s probably for the best, given that I only have $79 in my checking account. And I doubt if my Social Security increase for 2025 would make up the difference.

[Red Badger]

Brother, can you spare a dime?...................

[Red Badger]

Numismatics?

This is OLDmismatics!...............

[PIF]

And I doubt if my Social Security increase for 2025 would make up the difference.

—
It won’t because the medicare part will take it all away and then some, thanks to Harris/Biden.

[SunkenCiv]

Thanks Red Badger. San Francisco mint mark missing? If these "no S" versions were commonplace, there wouldn't even *be* a SF.

[one guy in new jersey]

San Francisco used to be No “S”.

Oh how it’s gone downhill.

[SunkenCiv]

I visited there in the 1980s, got a map of the city, and immediately wondered, “what’s this ‘Tenderloin’ district?!?”

[Dr.Deth]

The most money paid for something with no “S” since Taylor Swift.

[lee martell]

Coin Collecting is still a thing? I know stamp collections used to be a big deal with conventions and exhibitions.

[simpson96]

“misprinted” *eyeroll*

[Red Badger]

Direct TV has a Coin Collecting Channel......................

[HartleyMBaldwin]

If I had only known... A minute or two with a Dremel tool could have made me rich.

[Angelino97]

I can see why people would treasure historic coins minted centuries and millennia ago.

But why is there a market for a recent coin whose only claim to fame is a defect?

[Red Badger]

Rarity. Mis-minted coins fetch a fortune........

[fluffy]

As a long time numismatist I don’t understand it either, but there’s some big money chasing modern rarities. All you need are two well-heeled people who really want something for their collection and the sky’s the limit.

[Hatteras]

So, to any coin people, my Dad had a cigar box in a drawer in which he would toss odd things he found over the years. After he passed, I was going through this box and I found an old coin. It is in rough shape and it is a Liberty one cent piece from 1829. I know that these coins are not rare (especially in this shape) but the peculiar thing about this one is that, on the back, it has a large fancy '5' stamped overtop of the ONE in 'ONE CENT'.

Does this ring any bells for coin collectors as to why the 5?
He also had a number of other old silver dollars. And I did see a 1964 Roosevelt dime with no mint marks.
Am I rich yet? :-)

[Larry Lucido]

Wait! I just put that in a parking meter! I patted myself on the back after thinking it wouldn’t work without the S.

[fluffy]

It's a heavily corroded 1829 cent (looks like an N-8 variety). Large cents were often countermarked and used as store tokens for various purposes, the "5" could mean pretty much anything.

Possibly the most interesting use were as "Brothel Tokens", where the "E" in "Cent" was changed to a "U". The token was purchased by the customer and then given to the girl as payment, The idea was to make sure the prostitute didn't handle any actual money and skim some off the top.