Two Rare Dimes – $15 Million Bicentennial Quarter Remain in Circulation

By Tom Jeery

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1916-D Mercury Dime

Coin collecting can often feel like a modern-day treasure hunt, and nothing excites collectors more than discovering a rare piece in circulation that’s worth far more than its face value. While most coins are exchanged without a second thought, there are a few elusive dimes and a Bicentennial quarter that have captured the attention of enthusiasts due to their rarity and the incredible stories behind them. Let’s take a closer look at the 1916-D Mercury Dime, the 1945 Micro S Mercury Dime, and the legendary Bicentennial Quarter worth a staggering $15 million.

1916-D Mercury Dime

The 1916-D Mercury Dime is one of the most coveted coins among collectors, thanks to its rarity and historical significance. Introduced in 1916, the Mercury Dime series ran until 1945 and features a stunning design of Lady Liberty wearing a winged cap, symbolizing freedom of thought. However, the Denver Mint only produced 264,000 of the 1916-D Mercury Dime, making it the lowest mintage in the series and an incredibly rare find.

Because so few were minted, well-preserved examples of the 1916-D Mercury Dime can command prices that reach into the tens of thousands of dollars. Condition is key, with mint-condition dimes fetching premium prices at auction. For collectors, owning a 1916-D Mercury Dime represents more than just adding a rare piece to their collection; it’s owning a slice of American history.

1945 Micro S Mercury Dime

The 1945 Micro S Mercury Dime is another prized piece for collectors, though for different reasons. This dime was produced at the San Francisco Mint, denoted by the “S” mint mark. However, a minting error caused some of these dimes to feature a much smaller “S” mint mark, known as the Micro S. While the 1945 Micro S Mercury Dime doesn’t boast a low mintage like the 1916-D, its value comes from the rarity of this unique mint error.

Collectors are fascinated by such anomalies, and the 1945 Micro S has become a sought-after item in the numismatic world. Depending on its condition, this dime can fetch anywhere from a few hundred to thousands of dollars. The Micro S error highlights how even small variations can turn an ordinary coin into a valuable collector’s item.

$15 Million Bicentennial Quarter

While many coins can sell for thousands, one stands alone in its extraordinary value—the Bicentennial Quarter worth a jaw-dropping $15 million. Minted in 1975 and 1976 to celebrate the 200th anniversary of the U.S. Declaration of Independence, Bicentennial Quarters were mass-produced and are commonly found in circulation. However, one quarter stands out: a Bicentennial Quarter struck on a 1941 Canadian quarter.

This minting error occurred when a 1941 Canadian quarter was accidentally overstruck with the Bicentennial design. The result is a unique and incredibly rare piece that has become a part of numismatic folklore. With an estimated value of $15 million, this Bicentennial Quarter is believed to still be in circulation, waiting to be discovered by a lucky individual. Its story demonstrates the magic of coin collecting—sometimes the most valuable treasures are hidden in plain sight.

Rare CoinEstimated ValueReason for Value
1916-D Mercury DimeTens of thousandsLowest mintage in the series
1945 Micro S Mercury DimeHundreds to thousandsUnique mint error (small “S”)
Bicentennial Quarter (overstruck)$15 millionMint error on a Canadian quarter

The 1916-D Mercury Dime, the 1945 Micro S Mercury Dime, and the $15 million Bicentennial Quarter serve as reminders that hidden treasures can still be found in circulation. Whether it’s a rare mintage or a minting error, these coins offer both collectors and casual hobbyists the thrill of discovering a piece of history that could be worth a fortune. The beauty of coin collecting lies not only in the value of these rare finds but also in the stories and history behind them. For collectors, every coin is a potential treasure, waiting to be uncovered. Keep an eye on your spare change—you never know when a piece of history might fall into your hands.

FAQs

What makes the 1916-D Mercury Dime so valuable?

Its low mintage of only 264,000 makes it incredibly rare and highly sought after.

Why is the 1945 Micro S Mercury Dime unique?

It features a mint error with a smaller-than-usual “S” mint mark, adding to its value.

How did the $15 million Bicentennial Quarter come to be?

It was accidentally struck on a 1941 Canadian quarter, creating an extraordinarily rare coin.

Can rare coins like the 1916-D Mercury Dime still be found in circulation?

Though rare, some of these coins could still be found in circulation or through estate sales.

How do mint errors affect the value of a coin?

Mint errors like the Micro S or overstriking add rarity, which significantly increases a coin’s value.

Tom Jeery

A seasoned tax analyst renowned for his expertise in international taxation. Jeery's contributions to the tax news blog provide readers with valuable insights into the complexities of cross-border taxation and compliance.

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