Introduction:
This rare Roosevelt dime was produced by the Philadelphia mint without its characteristic “P” mint mark, and it is through this error that a common ten-cent piece became a collectible. With less than 150,000 specimens put into circulation, these dimes represent an interesting chapter in American coinage history.
It’s a tough dime to look for because most people will not find it unless they are specifically familiar with the important identifying characteristics. If you are a seasoned numismatist or a newcomer to the hobby, knowing the identification characteristics of this rare variant may mean an exciting discovery in your spare change.
Key Points About the 1982 No P Dime:
- Values: $300-$2,000 depending on condition.
- Missing Philadelphia mint mark makes it identifiable
- Most examples of samples we do not have; yet key points about the 1982 No P Dime:
- re discovered near Sandusky, Ohio.
- Very likely, many specimens are still circulating today.
Understanding the 1982 No P Dime:
The 1982 Roosevelt dime is a curious anomaly in the history of U.S. coinage. On this dime, President Franklin D. Roosevelt’s likeness appears on the obverse and a torch between two olive and oak branches on the reverse, design elements typical for all Roosevelt dimes since 1946.
A small, but telling distinction separates the rare “No P” variety from others: there is no mint mark, or more accurately, there is no “P.”. Those Roosevelt dimes minted in regular 1982 in the Philadelphia Mint bear a small “P” above the date on the front side. The lack of the mint mark is actually a mistake in production of this coin by the Philadelphia Mint.
Such an error in production makes it highly desired in any collection. If you are looking for further reading about this particular error, this article on the 1982 No P mintmark Roosevelt dime would interest you.
Why Is It Worth $2,000?
The No P 1982 dime is extremely valuable in the numismatic world, and price is highly dependent on the coin’s condition. Below is a summary of some recent market values:
This extremely rare dime sold for the highest price of $2,185 at a Heritage Auctions event in 2004. This example graded exceptionally as MS68, meaning that the coin is nearly perfect with excellent eye appeal and very few contact marks.
Market trends remain steady and continue to appreciate high-grade specimens. In 2022, an example graded MS67 sold for $630, demonstrating sustained collector interest. The premium placed on preservation is further illustrated by the price difference between grades.
Coin Roll Hunting for Rare Dimes:
Coin roll hunting is one of the pretty exciting hobbies one could have with collecting for valuable coins, such as the 1982 No P dime. A low cost hobby lets a person dig through rolls from banks seeking out rare coins at face value.
Experiencing hunters suggest viewing the customer-wrapped rolls than machine-wrapped. The customer-wrapped has a greater chance of giving coins that have been longer in circulation and a greater chance of finding vintage.
The No P 1982 dimes have been sought to date as collectors report findings of these continuous pieces across the United States. Some older collectors make roll searches a regular part of their collecting strategy, with fixed days for this pursuit.
Conclusion:
The hunting of the elusive 1982 No P dime is a thrilling opportunity for both experienced and new collectors in the coin world. In this respect, your pocket change can actually contain this valuable treasure: A dime worth up to $2,000. Each roll of dimes holds an exciting surprise as it carries the excitement of finding something.
FAQS:
Why is the 1982 No P dime worth as much as $2,000?
The 1982 No P dime is worth as much as $2,000. Its rarity and the demand from collectors have made it that valuable. The market price depends on the grade of the coin.
What is the 1982 No P dime?
The 1982 No P dime is one of the scarce varieties of the Roosevelt dime that was produced without a mint mark, meaning that it was struck at the Philadelphia mint. The absence of the mint mark has made it very collectible and valuable among coin collectors.