{"id":924,"date":"2025-07-17T08:34:00","date_gmt":"2025-07-17T12:34:00","guid":{"rendered":"https:\/\/www.paris2018.com\/highlight\/?p=924"},"modified":"2025-07-16T17:51:01","modified_gmt":"2025-07-16T21:51:01","slug":"rare-dime-bought-ohio-family-hidden-decades-sells-half-million-dollars","status":"publish","type":"post","link":"https:\/\/www.paris2018.com\/highlight\/rare-dime-bought-ohio-family-hidden-decades-sells-half-million-dollars\/","title":{"rendered":"Rare Dime Secretly Saved by Ohio Family Sells for $500K"},"content":{"rendered":"<p>A numismatic treasure hidden away for decades by an Ohio family recently fetched an astonishing $506,250 at auction. This rare 1975 dime, missing its distinctive San Francisco &#8220;S&#8221; mint mark, represents one of only two known specimens with this manufacturing error. After remaining concealed in a bank vault for over 40 years, this valuable coin has finally emerged to claim its rightful place in coin collecting history.<\/p>\n<h2>The remarkable journey of a rare Roosevelt dime<\/h2>\n<p>The valuable coin began its journey in 1975 when the San Francisco Mint produced over 2.8 million special uncirculated &#8220;proof&#8221; sets. Each set contained six coins and sold for just $7. Several years later, collectors made a stunning discovery \u2013 two dimes from these sets were missing the crucial San Francisco &#8220;S&#8221; mint mark that should have appeared on them.<\/p>\n<p>One Ohio family recognized this rare opportunity back in 1978 when they purchased the first discovered error coin for $18,200 \u2013 equivalent to approximately $90,000 in today&#8217;s currency. The parents, who operated a dairy farm, viewed this acquisition as a <strong>financial safety net for their family&#8217;s future<\/strong>. Their foresight proved remarkably prescient.<\/p>\n<p>For over four decades, this precious dime remained securely stored in a bank vault, its existence known to few outside the family. Following their brother&#8217;s death, three Ohio sisters inherited this numismatic rarity, unaware of its tremendous increase in value over the intervening years.<\/p>\n<h2>From farm investment to half-million dollar auction<\/h2>\n<p>When Ian Russell, president of GreatCollections auction house based in Irvine, California, informed one of the sisters about the coin&#8217;s potential value, she reportedly asked in disbelief, <em>&#8220;Is that really possible?&#8221;<\/em> The family had maintained complete anonymity throughout the process, protecting their privacy as their modest investment transformed into a substantial windfall.<\/p>\n<p>The online auction concluded on July 14, 2025, with the final hammer price reaching $506,250 after intense bidding. According to auction records, 212 bids were placed on this extraordinary piece, demonstrating the <strong>tremendous interest among serious numismatic collectors<\/strong>.<\/p>\n<p>This sale represents the second time a 1975 &#8220;no S&#8221; proof dime has commanded a premium price. The only other known example sold at auction in 2019 for $456,000 before changing hands again for $516,000 to a dedicated Roosevelt Dime collector who now possesses the only complete collection of this series.<\/p>\n<h2>Understanding the value of mint errors<\/h2>\n<p>What makes this particular dime so valuable? Coin experts point to several factors that contribute to its extraordinary worth:<\/p>\n<ul>\n<li>Extreme rarity (only two known specimens)<\/li>\n<li>Well-documented provenance<\/li>\n<li>Excellent preservation condition<\/li>\n<li>Strong demand from specialized collectors<\/li>\n<li>Historical significance as a major U.S. Mint error<\/li>\n<\/ul>\n<p>Numismatic specialists note that while there remains a possibility that additional examples of this rare dime might exist, they would only be found among the 1975 &#8220;proof&#8221; sets \u2013 not in general circulation. This latest discovery has likely triggered renewed interest in examining these vintage proof sets.<\/p>\n<table border=\"1\">\n<tr>\n<th>Year<\/th>\n<th>Transaction<\/th>\n<th>Price<\/th>\n<\/tr>\n<tr>\n<td>1978<\/td>\n<td>Initial purchase by Ohio family<\/td>\n<td>$18,200<\/td>\n<\/tr>\n<tr>\n<td>2019<\/td>\n<td>First auction of other known specimen<\/td>\n<td>$456,000<\/td>\n<\/tr>\n<tr>\n<td>2019<\/td>\n<td>Private sale of other known specimen<\/td>\n<td>$516,000<\/td>\n<\/tr>\n<tr>\n<td>2025<\/td>\n<td>Auction of Ohio family specimen<\/td>\n<td>$506,250<\/td>\n<\/tr>\n<\/table>\n<p>The remarkable story of this <strong>long-hidden numismatic treasure<\/strong> demonstrates how seemingly minor manufacturing errors can create extraordinary value in the collector market. What began as a modest investment by a farming family transformed into a half-million dollar windfall for their descendants, proving that sometimes the most valuable items remain hidden in plain sight \u2013 or in this case, securely stored in a bank vault for generations.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A numismatic treasure hidden away for decades by an Ohio family recently fetched an astonishing $506,250 at auction. This rare 1975 dime, missing its distinctive San Francisco &#8220;S&#8221; mint mark, represents one of only two known specimens with this manufacturing error. After remaining concealed in a bank vault for over 40 years, this valuable coin [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":938,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"none","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[10],"tags":[],"class_list":{"0":"post-924","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-finance"},"_links":{"self":[{"href":"https:\/\/www.paris2018.com\/highlight\/wp-json\/wp\/v2\/posts\/924","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.paris2018.com\/highlight\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.paris2018.com\/highlight\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.paris2018.com\/highlight\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.paris2018.com\/highlight\/wp-json\/wp\/v2\/comments?post=924"}],"version-history":[{"count":1,"href":"https:\/\/www.paris2018.com\/highlight\/wp-json\/wp\/v2\/posts\/924\/revisions"}],"predecessor-version":[{"id":939,"href":"https:\/\/www.paris2018.com\/highlight\/wp-json\/wp\/v2\/posts\/924\/revisions\/939"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.paris2018.com\/highlight\/wp-json\/wp\/v2\/media\/938"}],"wp:attachment":[{"href":"https:\/\/www.paris2018.com\/highlight\/wp-json\/wp\/v2\/media?parent=924"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.paris2018.com\/highlight\/wp-json\/wp\/v2\/categories?post=924"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.paris2018.com\/highlight\/wp-json\/wp\/v2\/tags?post=924"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}