Coin collectors constantly seek out rare and valuable specimens that offer fascinating stories about minting errors and unique production histories. Among these rarities, the 1968 No ‘S’ Proof Roosevelt Dime stands out as an intriguing example of a minting anomaly that has captured the attention of numismatists around the world. Known for its missing ‘S’ mint mark, this particular coin can fetch prices as high as $20,000 at auction.
The Importance of the Mint Mark in U.S. Coinage
Mint marks play a crucial role in identifying the origin of a coin, specifically indicating the minting facility where it was produced. For proof coins, which are made with superior quality finishes for collectors, the ‘S’ mint mark signifies the San Francisco Mint.
In 1968, all proof dimes were intended to carry this mint mark. However, due to a rare minting oversight, a small number of proof dimes were struck without the ‘S’ mint mark. This error led to the creation of the highly coveted 1968 No ‘S’ Proof Roosevelt Dime.
Rarity and Value of the 1968 No ‘S’ Proof Dime
The scarcity of the 1968 No ‘S’ Proof Roosevelt Dime greatly contributes to its market value. It’s estimated that only about a dozen of these error coins still exist today. The rarity, combined with the fascinating minting mistake, makes them highly desirable to collectors. Depending on their condition, these coins can command prices upwards of $20,000 at auctions.
Key Features of the 1968 No ‘S’ Proof Roosevelt Dime
Collectors looking to identify a 1968 No ‘S’ Proof Roosevelt Dime should focus on the following key features:
- Absence of the ‘S’ Mint Mark: This is the most distinctive feature of the coin. The mint mark, typically located above the date on the obverse side, is missing in this error coin.
- Proof Quality: The coin should have a mirror-like finish and sharp, well-defined details, setting it apart from regular circulation coins.
- Date: The coin must display the year 1968.
Comparing the 1968 Dime Varieties
Here’s a quick comparison of the different 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 (condition-dependent) |
| 1968 No ‘S’ Proof Dime | None | Approximately 12 | Up to $20,000 |
Noteworthy Auction Sales
The 1968 No ‘S’ Proof Roosevelt Dime has achieved remarkable auction results:
- In 2023, a specimen graded PR68 sold for $25,200.
- Another near-perfect example fetched an impressive $45,600 at a 2025 auction.
These auction results demonstrate the high demand and the premium collectors are willing to pay for such rare coins.
Tips for Collectors Interested in the 1968 No ‘S’ Proof Roosevelt Dime
For collectors looking to acquire or verify a 1968 No ‘S’ Proof Roosevelt Dime, here are some helpful tips:
- Authentication: Given the value of this coin, ensure it is authenticated by reputable grading services.
- Condition Matters: The coin’s grade significantly affects its value. Coins in higher grades tend to command higher prices.
- Market Awareness: Stay informed about current market trends and recent auction results to understand the coin’s true value.
The 1968 No ‘S’ Proof Roosevelt Dime serves as a captivating example of the world of coin collecting. Its unique minting error and rarity have made it a prized addition to any numismatic collection, with its value continuing to grow as collectors vie for this extraordinary piece of American coinage.
