The 1982 No Mint Mark Roosevelt Dime is a highly sought-after coin among collectors. Although it may look like any other dime, its value skyrockets due to a unique minting error: the absence of the “P” mint mark from the Philadelphia Mint.
This mistake has made the coin extremely valuable, with prices ranging from hundreds to thousands of dollars, depending on the coin’s condition.
In this article, we’ll explore why the 1982 No Mint Mark Dime is so special, how to identify it, and what factors affect its value.
Why Does the 1982 Dime Have No Mint Mark?
The 1982 No Mint Mark Dime owes its rarity to a production error at the Philadelphia Mint. In 1982, dimes were supposed to carry the “P” mint mark, denoting their origin from the Philadelphia Mint.
However, due to an oversight, some dimes were released into circulation without this mark.
This was the first time a business-strike U.S. coin was released without a mint mark. The error went unnoticed for a while, but once discovered, collectors recognized it as a one-of-a-kind rarity, and demand for these coins increased dramatically.
How Rare Is the 1982 No Mint Mark Dime?
Several factors contribute to the rarity of the 1982 No Mint Mark Dime:
- Uncirculated Sets Not Produced in 1982: Due to budget cuts, the U.S. Mint did not produce uncirculated coin sets in 1982. As a result, fewer 1982 dimes were preserved in mint condition by collectors.
- Economic Conditions: The economic downturn of the early 1980s, particularly the recession, meant fewer people were actively collecting coins at that time. This further reduced the number of preserved dimes from that year.
- Estimated Population: Experts estimate that around 150,000 of these error coins exist today. However, only a small fraction of these have been professionally graded, making high-grade specimens even more valuable.
The combination of these factors makes the 1982 No Mint Mark Dime a rare and valuable find for collectors.
How Much Is the 1982 No Mint Mark Dime Worth?
The value of a 1982 No Mint Mark Dime depends on its condition and grading. Coins in mint state (MS) condition—those that have not been circulated—tend to fetch higher prices.
- Mint Condition (MS): Dimes in mint state condition can be worth anywhere from $200 to $2,000, depending on their grade.
- Higher Grades (MS67 or Above): Coins graded MS67 or higher are considered top-quality examples. These coins can sell for over $2,000 at auction. For example, a 1982 No Mint Mark Dime in MS67 sold for $2,185 at a Heritage Auction.
- Weak Strike vs. Sharp Strike: Both sharply struck and weakly struck versions of the coin exist. Sharply struck versions are generally more valuable due to their clearer details, but weakly struck coins can also be worth a significant amount, especially in higher grades.
Here’s a breakdown of estimated values:
| Coin Type | Mint Error | Estimated Value (MS67) | Auction Record | Estimated Population |
|---|---|---|---|---|
| 1982 No Mint Mark Dime | Missing “P” mint mark | $1,000 – $2,000 | $2,185 (Heritage Auction) | Up to 150,000 coins |
| 1982 No Mint Mark Dime | Weak strike, no “P” mark | $200 – $1,000 | $500 – $1,200 | Limited in population |
How to Identify a 1982 No Mint Mark Dime
Identifying a 1982 No Mint Mark Dime is simple. Here’s what to look for:
1. Check the Date: The coin must be dated 1982.
2. Look for the Mint Mark: Examine the space just below the year on the coin’s front (obverse side). If there is no “P” mint mark, you may have a rare 1982 No Mint Mark Dime.
It’s important to note that only dimes from the Philadelphia Mint were supposed to have the “P” mint mark in 1982. Dimes from other mints, such as Denver, were supposed to have their own mint marks (“D”), but the 1982 No Mint Mark error applies only to Philadelphia dimes.
Where to Sell a 1982 No Mint Mark Dime
If you’re lucky enough to find one of these rare dimes, there are several ways you can sell it. However, to get the highest value, it’s best to have the coin professionally graded by services like PCGS or NGC. A certified grade assures buyers of the coin’s authenticity and condition, which can significantly increase its value.
Here are a few places to sell your coin:
- Coin Shows: These events attract serious collectors, making them an excellent place to sell rare coins.
- Online Marketplaces: Websites like eBay and specialized coin-selling platforms allow you to reach a large audience of buyers.
- Auction Houses: Reputable auction houses, especially those specializing in rare coins, can help you get top dollar for your 1982 No Mint Mark Dime. Heritage Auctions is one example of a company with a strong reputation in the coin community.
FAQs About the 1982 No Mint Mark Dime
How can I tell if my 1982 dime has no mint mark?
Look at the front of the coin under the year “1982.” If there is no “P” mint mark, you may have a rare 1982 No Mint Mark Dime.
How much is the 1982 No Mint Mark Dime worth?
The value depends on the coin’s condition. In mint state (MS), these dimes can be worth anywhere from $200 to $2,000, with top-quality examples selling for even more at auction.
What is the most valuable grade for the 1982 No Mint Mark Dime?
The most valuable examples are those graded MS67 or higher. These top-condition coins have sold for over $2,000 at auctions.
Are there different types of 1982 No Mint Mark Dimes?
Yes, there are sharply struck and weakly struck varieties. Both types hold value, but sharply struck versions tend to be more valuable because of their clearer details.
Where can I sell my 1982 No Mint Mark Dime?
You can sell your coin at coin shows, through online marketplaces, or through reputable auction houses specializing in rare coins. It’s a good idea to have the coin professionally graded to maximize its value.
Conclusion:
The 1982 No Mint Mark Dime is a rare and valuable find, thanks to a unique error at the Philadelphia Mint. Whether you’re a seasoned coin collector or a hobbyist, coming across one of these dimes can be exciting—and profitable.
With values ranging from a few hundred to a few thousand dollars, depending on the condition and strike of the coin, it’s worth keeping an eye out for this elusive piece of U.S. coinage history.
If you believe you have one, getting it professionally graded is the best way to ensure you get the highest price possible when selling it.
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