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# Million Dollar Dimes
The 1870-S Half Dime Sells Big at Auction

By Rachel | Published 2009-07-22 | Unique
Source: Trend Hunter, https://www.trendhunter.com/trends/1870-s-half-dime
References: [luxist](http://www.luxist.com/2009/07/21/tiny-half-dime-sells-for-over-one-million-dollars/)

The 1870-S half dime is a seriously [rare coin](https://www.trendhunter.com/trends/eroded-coin), and the price it was sold for solidifies the belief that it isn’t like any other dime. Made by the San Francisco Mint in 1870, the two half dimes [sold for $2.2 million](https://www.trendhunter.com/trends/phillips-decade-one).

The 1870-S half dime is so rare because there is no record of the coins being made at the San Fransisco Mint, so these are most likely the only 2 created. You really have to love history (and 5 cent dimes) to spend $2.2 million on half dimes! Take a look at the [2 million dollar coins](https://www.trendhunter.com/trends/Endeavor-Metals) above.

## Trend Insights (Trend Hunter)

- Score: 1.5/10
- Popularity: 10% | Activity: 26% | Freshness: 8%
- Audience gender: 50% men, 50% women
- Primary generations: Millennial
- Top markets: North America, Europe

## Categories

[Trend Hunter](https://www.trendhunter.com/trends) > [Unique](https://www.trendhunter.com/unique)

## Key Themes

### Why This Trend Is Growing

- **Rare Coin Collecting:** The high price of the 1870-S half dime highlights the growing trend of rare coin collecting as a lucrative investment.
- **Historical Artifact Investment:** The unique nature of the 1870-S half dime presents an opportunity for investors interested in acquiring and profiting from historical artifacts.
- **Alternative Asset Classes:** The record-breaking sale of the 1870-S half dime showcases the potential of alternative asset classes, such as rare coins, in diversifying investment portfolios.

### Industries Being Reshaped

- **Numismatics:** The rare coin market is poised for growth due to the increasing demand for unique and valuable coins like the 1870-S half dime.
- **Auction Houses:** The sale of the 1870-S half dime at a staggering price highlights the importance of auction houses in facilitating high-value transactions for rare collectibles.
- **Investment Banking:** The rising interest in rare coins as investments presents a potential opportunity for investment banking firms to offer specialized advisory services for clients seeking to capitalize on this market.

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