The 1968 Roosevelt dime, a common ten-cent coin, features the image of Franklin D. Roosevelt on the obverse and a torch flanked by olive and oak branches on the reverse. However, a rare minting error has made some of these dimes highly valuable to collectors, with prices reaching as high as $45,600 at auctions.
Understanding the ‘No S’ Mint Mark Error
In 1968, the U.S. Mint resumed the use of mint marks on coins after temporarily removing them from 1965 to 1967. Typically, proof coins produced at the San Francisco Mint were marked with an ‘S’ mint mark.
However, due to an error, a small number of proof dimes were minted without the ‘S’ mark. These rare coins, known as ‘No S’ dimes, are highly sought after. While the exact number of these error coins remains unknown, experts estimate that only a few dozen exist today.
Key Features of the 1968 ‘No S’ Dime
| Feature | Description |
|---|---|
| Obverse Design | Portrait of President Franklin D. Roosevelt (designed by John R. Sinnock) |
| Reverse Design | Torch, olive, and oak branches (symbolizing freedom, peace, and strength) |
| Composition | 75% copper, 25% nickel |
| Diameter | 17.90 millimeters |
| Weight | 2.27 grams |
Value and Rarity
The value of a 1968 ‘No S’ dime is highly dependent on its condition (grade). Coins in top condition command the highest prices. Below is an estimated value chart:
| Grade | Estimated Value |
|---|---|
| PR65 | $5,000 – $10,000 |
| PR66 | $10,000 – $20,000 |
| PR67 | $20,000 – $35,000 |
| PR68 | $35,000 – $50,000 |
For instance, a PR68-graded specimen sold for $32,200 in 2005. In 2025, similar coins reached auction prices of around $45,600, demonstrating their continued demand among collectors.
Collectibility and Demand
Due to their rarity, 1968 ‘No S’ dimes are highly desirable among numismatists. These coins rarely appear at auctions, and only one or two may enter the market every few years. Their scarcity and historical significance make them valuable additions to any coin collection.
How to Identify a 1968 ‘No S’ Dime?
To verify if you own a 1968 ‘No S’ dime, inspect the obverse of the coin above the date. If the ‘S’ mint mark is missing, it could be a rare ‘No S’ error coin.
Important Note: Regular dimes minted in Philadelphia also lack a mint mark, but they are common and hold no additional value.
Conclusion
The 1968 ‘No S’ Roosevelt dime is an exceptionally rare and valuable coin. Its minting error, coupled with its limited availability, makes it a prized possession for collectors and investors alike. If you come across one, it could be worth a significant amount, potentially turning a simple dime into a small fortune.
FAQs
Why is the 1968 ‘No S’ dime so valuable?
The coin is rare due to a minting error that omitted the ‘S’ mint mark, making it highly collectible.
How many 1968 ‘No S’ dimes exist?
The exact number is unknown, but experts estimate only a few dozen survive today.
Where was the 1968 ‘No S’ dime minted?
These error coins were minted at the San Francisco Mint but mistakenly lacked the ‘S’ mint mark.
How can I check if my 1968 dime is a ‘No S’ variant?
Look above the date on the obverse side; if the ‘S’ mint mark is missing, it could be a rare variant.
What should I do if I find a 1968 ‘No S’ dime?
Have it authenticated and graded by a professional coin grading service to determine its value.