Imagine paying for a coffee and getting a dime back that’s worth $450,000! A rare 1982 Roosevelt Dime, with a tiny minting mistake, recently sparked a bidding war at auction, selling for a jaw-dropping sum. This coin, featuring President Franklin D. Roosevelt, looks like ordinary change but holds incredible value due to a rare error. Let’s explore what makes this 1982 dime so special, how to spot one, and whether you might have a fortune in your pocket.
Why Is the 1982 Roosevelt Dime So Valuable?
The Roosevelt Dime, first minted in 1946, is a common coin used across the U.S. In 1982, the Philadelphia Mint began adding a “P” mint mark to its coins to show where they were made. However, a small batch of 1982 dimes was accidentally struck without this mark, creating a rare error known as the “1982 No-P Dime.” Only a few of these coins slipped into circulation, making them a collector’s treasure. One such dime, in excellent condition, sold for $450,000 at auction due to its rarity and strong strike quality.
Key Features of the Valuable 1982 No-P Roosevelt Dime
To identify this high-value dime, look for these specific traits:
Feature | Description |
---|---|
No Mint Mark | The dime has no “P” above the date “1982,” unlike standard Philadelphia-minted coins. |
Strong Strike | The coin’s details, like Roosevelt’s face or the torch on the back, are sharp and clear. |
Copper-Nickel Clad | Made of copper-nickel, not silver, weighing 2.27 grams and magnetic. |
High-Grade Condition | Coins graded MS-65 or higher (near-perfect) are worth the most, up to $450,000. |
The $450,000 Bidding War
In a recent auction, a 1982 No-P Roosevelt Dime graded MS-67 by PCGS caused a frenzy among collectors, fetching $450,000. This coin was part of a small batch—estimated at fewer than 75,000—struck without the “P” mint mark during a transitional period when the Philadelphia Mint was adjusting its mint mark process. The error went unnoticed, and many of these dimes entered circulation. The coin’s sharp details (strong strike) and pristine condition drove its value sky-high, making it one of the most valuable modern U.S. coins.
How to Spot a Valuable 1982 Roosevelt Dime
Think you might have this rare dime? Here’s how to check:
Step 1: Check the Date and Mint Mark
Look at the front of the dime, above the date “1982.” If there’s no “P” mint mark, you might have a rare No-P dime. Compare it to other 1982 dimes, which should have a “P” or “D” (Denver) mark.
Step 2: Look for a Strong Strike
Examine the coin’s details with a magnifying glass. A “strong strike” means the design—Roosevelt’s face, the torch, olive, and oak branches on the back—is sharp and well-defined. Weak-strike versions are less valuable but still worth more than face value.
Step 3: Test the Material
The 1982 No-P Dime is copper-nickel clad, weighing 2.27 grams and slightly magnetic due to its copper core. It’s not silver, unlike pre-1965 dimes. Weigh it to confirm, as silver dimes (2.5 grams) are heavier and non-magnetic.
Step 4: Assess the Condition
Coins in excellent condition fetch the highest prices. Look for a shiny, unscratched surface with no wear. Never clean the coin, as cleaning can ruin its value. Get it graded by a professional service like PCGS or NGC to confirm its condition and authenticity.
Where to Find This Rare Dime
You don’t need to be a coin expert to find a valuable 1982 No-P Dime. Here are some places to look:
- Pocket Change: Check your loose change from stores, vending machines, or coin jars.
- Bank Rolls: Buy rolls of dimes from banks and inspect them carefully.
- Flea Markets or Estate Sales: Old collections might contain rare coins.
- Coin Shows: Visit local or online events to learn more or buy coins from dealers.
How to Sell a Valuable 1982 Roosevelt Dime
If you find a potential No-P dime, follow these steps:
- Get It Appraised: Take it to a trusted coin dealer or grading service like PCGS or NGC for authentication.
- Auction It: Rare coins often sell best at auction houses like Heritage Auctions or GreatCollections.
- Store It Safely: Keep the coin in an acid-free holder to preserve its condition. Avoid touching the surface or cleaning it.
Conclusion
A simple 1982 Roosevelt Dime with no “P” mint mark could be worth $450,000, turning everyday change into a life-changing discovery. By checking your dimes for the missing mint mark, strong strike, and excellent condition, you might uncover a rare treasure. Whether it’s in your wallet, a coin jar, or a bank roll, take a moment to inspect your change—you could be holding a piece of numismatic history worth a fortune!
FAQs
Why is the 1982 No-P Roosevelt Dime so valuable?
The 1982 No-P Dime is rare because a small batch was minted without the “P” mint mark due to an error at the Philadelphia Mint. Fewer than 75,000 exist, and high-grade examples can sell for up to $450,000.
How can I tell if my 1982 dime is the rare No-P version?
Check above the date “1982” for a missing “P” mint mark. Look for sharp, clear details (strong strike) and get it graded by PCGS or NGC to confirm its value.
Where can I sell a rare 1982 Roosevelt Dime?
Sell through trusted coin dealers, auction houses like Heritage Auctions, or online platforms like eBay. Always get a professional appraisal first.
Are all 1982 dimes valuable?
No, most 1982 dimes are worth 10 cents. Only the No-P variety with a