Coin collectors and enthusiasts are continually on the lookout for rare and valuable pieces that tell unique stories of minting history. One such intriguing coin is the 1968 No ‘S’ Proof Roosevelt Dime, a minting anomaly that has captured the attention of numismatists worldwide.
This particular dime, distinguished by the absence of the ‘S’ mint mark, has been known to fetch prices nearing $20,000 at auctions.
Understanding the Mint Mark and Its Significance
In U.S. coinage, mint marks are crucial identifiers indicating the minting facility where a coin was produced. For proof coins, which are specially made for collectors with a high-quality finish, the ‘S’ mint mark denotes the San Francisco Mint.
In 1968, all proof dimes were intended to bear this ‘S’ mint mark. However, due to a minting oversight, a small number of proof dimes were struck without this mark, leading to the creation of the rare 1968 No ‘S’ Proof Roosevelt Dime.
The Rarity and Value of the 1968 No ‘S’ Proof Dime
The scarcity of the 1968 No ‘S’ Proof Dime significantly contributes to its high market value. It is estimated that only a dozen or so of these error coins exist today. Their rarity, combined with the unique minting error, makes them highly sought after by collectors.
Prices for these dimes can vary based on their condition and grading, with some specimens fetching nearly $20,000 at auction.
Key Features of the 1968 No ‘S’ Proof Roosevelt Dime
To identify a 1968 No ‘S’ Proof Roosevelt Dime, collectors should look for the following characteristics:
- Absence of the ‘S’ Mint Mark: Located above the date on the obverse side, the missing ‘S’ is the primary feature of this error coin.
- Proof Quality: These dimes exhibit a mirror-like finish with sharp details, distinguishing them from regular circulation coins.
- Date: The coin should bear the year 1968.
Comparison of 1968 Dime Varieties
| Coin Type | Mint Mark | Mintage Quantity | Estimated Value Range |
|---|---|---|---|
| 1968 No Mint Mark Dime | None | 424,470,000 | $0.10 (face value) |
| 1968 ‘D’ Mint Mark Dime | ‘D’ | 480,748,280 | $0.10 (face value) |
| 1968 ‘S’ Proof Dime | ‘S’ | 3,041,506 | $1 to $5 (depending on condition) |
| 1968 No ‘S’ Proof Dime | None | Approximately 12 | Up to $20,000 |
Notable Auction Sales
The 1968 No ‘S’ Proof Dime has made remarkable appearances in auctions:
- In 2023, a specimen graded PR68 sold for $25,200.
- Another example in near-perfect condition fetched $45,600 at a 2025 auction.
These sales underscore the coin’s desirability and the premium collectors are willing to pay for such rarities.
Tips for Collectors
For those interested in acquiring or verifying a 1968 No ‘S’ Proof Roosevelt Dime:
- Authentication: Due to the coin’s value, ensure it is authenticated by reputable grading services.
- Condition Assessment: The coin’s grade significantly impacts its value; higher grades command higher prices.
- Market Research: Stay informed about current market trends and recent auction results to understand the coin’s value.
The 1968 No ‘S’ Proof Roosevelt Dime stands as a testament to the fascinating world of coin collecting, where minting errors can transform ordinary coins into valuable treasures.
Its rarity and unique backstory continue to captivate collectors, making it a prized addition to any numismatic collection.
FAQs
Why is the 1968 No ‘S’ Proof Roosevelt Dime so valuable?
Its value stems from its rarity; only a limited number were minted without the ‘S’ mint mark, making it a sought-after collector’s item.
How can I identify a 1968 No ‘S’ Proof Dime?
Look for the absence of the ‘S’ mint mark above the date on the obverse side and ensure the coin has a proof finish with a mirror-like surface.
Are all 1968 dimes without a mint mark valuable?
No, only the proof dimes intended to have the ‘S’ mint mark are valuable. Regular circulation dimes from 1968 without a mint mark are common and hold standard face value.
