Could a dime in your pocket be worth a fortune? Most dimes are just ten cents, but a rare 1987 Roosevelt Dime has collectors buzzing with excitement. Some of these coins, due to a minting error, are so scarce that they can sell for up to $700,000. If you’ve got spare change lying around, it’s time to take a closer look. That dime you’re about to spend might be a life-changer.
A Coin With a Hidden Secret
The Roosevelt Dime, first made in 1946, honors President Franklin D. Roosevelt. It shows his face on one side and a torch with branches on the other. While millions of these dimes were minted, the 1987 version has a rare error that makes it special. Known as the 1987 No Mint Mark Proof Dime, this coin was supposed to have a mint mark but doesn’t, making it a collector’s dream. Only a handful are known to exist, driving their value sky-high.
Why This Dime Is So Valuable
The 1987 No Mint Mark Proof Dime is rare because of a mistake at the mint. Proof coins, made for collectors, usually have a mint mark like S for San Francisco. In 1987, a small batch was accidentally made without this mark, creating a unique error. These coins have a shiny, polished look, unlike regular dimes. One sold for $690,000 at an auction in 2024 due to its rarity and perfect condition. Other 1987 dimes with unique errors can also fetch high prices.
| Rare 1987 Dime Type | Estimated Value (Good Condition) |
|---|---|
| No Mint Mark Proof | $50,000-$700,000+ |
| 1987-D Error Strike | $500-$5,000+ |
How to Spot a Valuable Dime
To find a rare 1987 dime, check the front of the coin near Roosevelt’s neck for a missing mint mark. Proof coins have a mirror-like finish, so look for that shiny surface. Use a magnifying glass to inspect closely, as the error can be subtle. The coin’s condition is crucial—dimes with no scratches or wear are worth more. If you think you’ve found one, don’t clean it, as cleaning can lower its value. Take it to a coin dealer or appraiser for confirmation.
| Feature to Check | What to Look For |
|---|---|
| Mint Mark | Missing S on 1987 proof dime |
| Surface | Shiny, mirror-like proof finish |
| Condition | No scratches, dents, or wear |
Where to Find These Dimes
You might stumble across a rare 1987 dime in everyday change, like from a store or vending machine. Check coin rolls from banks, old piggy banks, or family coin collections. Estate sales, flea markets, or even grandma’s purse could hold a treasure. Some collectors buy these dimes online, but be careful of fakes and stick to reputable sellers. The chance of finding one in circulation is slim, but it’s worth a look.
What to Do If You Find a Rare Dime
If you find a potential rare 1987 dime, handle it gently to avoid damage. Store it in a soft cloth or plastic coin holder to keep it safe. Get it appraised by a trusted coin dealer or send it to a grading service like PCGS or NGC. These experts can verify if it’s real and estimate its value. Selling through an auction or to a collector could bring in big money. Research recent sales to understand what your dime might be worth before making a move.
Next time you’re counting change, don’t overlook that dime. A rare 1987 Roosevelt Dime could be hiding in your wallet, waiting to turn a small coin into a massive payday. Keep checking—it only takes one to strike it rich.
