The 1968 Roosevelt Dime is a standard ten-cent coin featuring President Franklin D. Roosevelt on the obverse and a torch flanked by olive and oak branches on the reverse.
However, certain 1968 dimes are exceptionally rare due to a minting error: the absence of the ‘S’ mint mark, indicating production at the San Francisco Mint.
These ‘No S’ dimes have become highly sought after by collectors, with some fetching prices up to $45,600 at auctions.
Understanding the ‘No S’ Mint Mark Error
In 1968, the U.S. Mint resumed placing mint marks on coins after a brief hiatus from 1965 to 1967. Proof coins, typically produced in San Francisco, were expected to bear the ‘S’ mint mark.
However, a limited number of proof dimes were mistakenly struck without this mark, resulting in the rare ‘No S’ variety.
The exact number of these error coins is unknown, but estimates suggest only a few dozen exist, making them a significant find for numismatists.
Key Characteristics of the 1968 ‘No S’ Dime
- Obverse Design: Features a portrait of President Franklin D. Roosevelt, designed by Chief Engraver John R. Sinnock.
- Reverse Design: Depicts a torch flanked by olive and oak branches, symbolizing liberty, peace, and strength, respectively.
- Composition: Made of a copper-nickel clad, consisting of 75% copper and 25% nickel over a pure copper core.
- Diameter: 17.90 millimeters
- Weight: 2.27 grams
Value and Rarity
The value of a 1968 ‘No S’ dime varies based on its condition, with higher-grade coins commanding premium prices. For example, a PR68 grade specimen sold for $32,200 in 2005.
In 2025, similar coins have been auctioned for approximately $45,600, highlighting their enduring appeal among collectors.
Collectibility and Demand
Due to their scarcity, ‘No S’ dimes are highly coveted by coin collectors. They seldom appear in auctions, with some years seeing only one or two coins come to market.
This rarity, combined with strong demand, ensures that these coins remain valuable additions to any collection.
Recognizing the 1968 ‘No S’ Dime
To identify a 1968 ‘No S’ dime, examine the obverse side above the date. The absence of the ‘S’ mint mark signifies its status as a ‘No S’ error coin.
It’s important to note that business strike coins from Philadelphia also lack a mint mark, but these are common and hold no additional value.
Value Estimates Based on Coin Condition
| Grade | Estimated Value |
|---|---|
| PR65 | $5,000 – $10,000 |
| PR66 | $10,000 – $20,000 |
| PR67 | $20,000 – $35,000 |
| PR68 | $35,000 – $50,000 |
Note: Values are approximate and can vary based on market demand and coin quality.
In summary, the 1968 ‘No S’ Roosevelt Dime is a rare and valuable coin sought after by collectors. Its scarcity and unique history make it a prized possession for numismatists and enthusiasts alike.
FAQs
How can I tell if my 1968 dime is a ‘No S’ variety?
Inspect the obverse side of the coin above the date. If there’s no ‘S’ mint mark, it may be a ‘No S’ variety. However, ensure the coin is a proof version, as business strikes from Philadelphia also lack mint marks.
Are all 1968 dimes without a mint mark valuable?
No, only proof dimes minted in San Francisco that lack the ‘S’ mint mark are valuable. Regular business strikes from Philadelphia without a mint mark are common and hold no additional value.
How many 1968 ‘No S’ dimes are known to exist?
The exact number is unknown, but estimates suggest only a few dozen, making them extremely rare.
What is the highest auction price achieved for a 1968 ‘No S’ dime?
Some specimens have fetched prices up to $45,600 at auctions, depending on their condition and grade.