A tiny coin you might get as change could be worth a fortune. A Roosevelt dime with a rare clipped planchet error, valued at up to $650,000, is still being spent like regular money. Coin collectors are excited about this news, as it shows how valuable treasures can hide in plain sight. This dime, first made in 1946 to honor President Franklin D. Roosevelt, looks normal at first glance but has a mistake that makes it special.
What Is a Clipped Planchet Error?
A clipped planchet error happens when the metal disc used to make a coin is not cut properly. This leaves the coin with a missing piece, often shaped like a crescent. The error can be curved, straight, or ragged, depending on how the cut went wrong. These mistakes are very rare, especially on older coins like the Roosevelt dime. The dime getting attention now is a 1965 issue with a clear curved clip covering about 15% of its edge. Experts say it also shows the Blakesley effect, where the opposite side of the clip is weakly struck, proving the error is real.
| Error Type | Description |
|---|---|
| Curved Clip | Smooth, crescent-shaped missing piece |
| Straight Clip | Flat, straight edge missing |
Why Is This Dime So Valuable?
The value of this dime comes from its rarity and condition. Only a few clipped planchet dimes from 1965 are known, and this one is in great shape. Collectors love coins with clear errors, especially when they are well-preserved. Reports say this dime has been passed around for years without anyone noticing its worth. Its high value, estimated at $650,000, was confirmed by coin grading services, which check coins for authenticity and quality.
| Factor | Impact on Value |
|---|---|
| Rarity | Few known examples |
| Condition | Clean, no wear |
How to Spot a Clipped Planchet Dime
You might have a valuable dime in your change jar. Here are some tips to check for a clipped planchet error:
- Look for a missing piece on the coin’s edge, like a bite taken out.
- Check if the opposite side of the clip looks weak or flat.
- Make sure the coin is a Roosevelt dime, especially from the 1960s.
- Do not clean the coin, as polishing can lower its value. If you find a coin that matches these signs, take it to a trusted coin dealer or grading service. They can tell you if it’s the real deal.
A Reminder to Check Your Change
This Roosevelt dime’s story is a wake-up call for anyone who handles coins. Everyday change can hold hidden gems, but you need to know what to look for. Coin collecting, or numismatics, is growing as people hear about finds like this one. The 1965 dime, still being spent, shows how easy it is to miss something valuable. So, next time you get a dime, take a second look. It might be worth more than ten cents.
What’s Next for Coin Collectors?
The buzz around this dime has collectors checking their coins more closely. Stories like this one keep the hobby alive, as they show that rare finds are still out there. If you’re curious about coin collecting, start by learning about common errors like clipped planchets or missing mint marks. You don’t need to be an expert to find a treasure, just a sharp eye and a bit of luck. Who knows, your next handful of change could hold the next big discovery.