A Rare 1964 Roosevelt Dime Worth $2 Million – Philately is defined as the keeping and study of money specifically with regards coins and many enthusiasts mix this practical pastime with a passion for collecting collectibles in their own change. Among these is 1964 Roosevelt Dime that can cost you up to two million dollars. Rather counterintuitively, it can be in your pocket and you might not even realize a given denomination of this coin is in your possession.
Besides this, there are 7 other coins which are on the list of those that attracted attention of collectors and investors. This is information about these coins and how you can tell them apart.
1964 Roosevelt Dime: The $2 Million Coin
This is no mystery that many collectors consider the 1964 Roosevelt Dime to be valuable for some special reason: it is the coin of the year that gave freedom to poor New York president. This coin was minted in a variable year and is very rare due to certain special errors and various mints.
Key Details:
- Material: 90% silver, 10% copper
- Special feature: The rarest versions were minted using the proof minting process, which had a mirror-like finish.
- Estimated value: The value of a Silver certificate range between $1 and $2 million depending on the condition of the note and minting errors. This coin is rare due to factors like, doubled dies, incorrect mint marks, and some where the mint mistakenly used the 1965 die.
7 More Rare Coins You Can Identify
In addition to the 1964 Roosevelt dime, here are 7 more coins that may be in your change:
Coin Name | Year | Estimated Value | Unique Feature |
---|---|---|---|
1943 Copper Penny | 1943 | $1.4 Million | Struck on copper planchets. |
1955 Doubled Die Penny | 1955 | $1,800 – $15,000 | Visible doubling in text and numbers. |
1916-D Mercury Dime | 1916 | $20,000 – $100,000 | Only 264,000 minted. |
1975 No-S Roosevelt Dime | 1975 | $450,000+ | Missing the “S” mint mark. |
1969-S Doubled Die Penny | 1969 | $28,000 – $100,000 | Doubling visible on obverse inscriptions. |
2004 Wisconsin Quarter | 2004 | $300 – $1,500 | Extra leaf on the corn stalk design. |
1894-S Barber Dime | 1894 | $2 Million | Only 24 minted, fewer than 10 remaining. |
How to Identify Rare Coins
Identifying rare coins requires care and the right tools. Here are some tips:
- Check for mistakes
- Mistakes in minting, such as doubling, missing elements, or incorrect mint marks, make a coin even more valuable.
- Mistakes in minting, such as doubling, missing elements, or incorrect mint marks, make a coin even more valuable.
- Check for important dates
- Coins associated with certain years, such as 1964, 1943, and 1975, are rare and valuable.
- Coins associated with certain years, such as 1964, 1943, and 1975, are rare and valuable.
- Check the coin’s weight
- Some coins, such as the 1943 copper penny, can be identified by their weight. The copper penny weighs 3.11 grams, while the steel penny weighs 2.7 grams.
- Some coins, such as the 1943 copper penny, can be identified by their weight. The copper penny weighs 3.11 grams, while the steel penny weighs 2.7 grams.
- Consult a professional
- If you suspect you have a rare coin, have it certified by certified grading services such as PCGS or NGC.
Why are these coins so valuable?
Rare coins rise in value for several reasons:
- Rarity: Coins minted in limited numbers or with minting mistakes are in high demand.
- Condition: Coins that are in excellent or new condition tend to fetch higher prices.
- Historical significance: Some coins are associated with historical events or periods, which increases their value.
- Collector demand: Coins that have strong collector interest tend to rise in value.
FAQs On A Rare 1964 Roosevelt Dime Worth $2 Million
Q. Is every 1964 Roosevelt dime worth $2 million?
A. No, only certain coins with minting errors or rare qualities fetch such high prices.
Q. Should I sell my coins?
A. If you have a rare coin, have it authenticated and then consult an expert.