The 1968 Roosevelt dime is a standard ten-cent coin, featuring a portrait of President Franklin D. Roosevelt on the obverse and olive and oak branches with a torch on the reverse. However, some 1968 dimes are particularly rare because they contained a significant error: the ‘S’ mint mark that identifies the San Francisco Mint was absent.
These ‘No S’ dimes are now in high demand among collectors and have in some cases reached auction prices of up to $45,600.
Understanding the ‘No S’ Mint Mark Error
From 1965 to 1967, the U.S. Mint removed the mint mark from all coins. In 1968, the process of reintroducing mint marks began, and proof coins made at the San Francisco Mint were required to have the ‘S’ mint mark. But some coins were accidentally produced without this mint mark, creating the ‘No S’ dime.
The exact number of these rare coins is unknown, but it is estimated that only a few dozen exist, making them a significant find for collectors.
Key Features of the 1968 ‘No S’ Dime
- Obverse design: Portrait of President Franklin D. Roosevelt, designed by chief engraver John R. Sinnock.
- Back design: Olive and oak branches on either side of a torch, symbolizing freedom, peace, and strength, respectively.
- Composition: Alloy of 75% copper and 25% nickel, with a pure copper core.
- Diameter: 17.90 millimeters
- Weight: 2.27 grams
Value and Rarity
The price of a 1968 ‘No S’ dime depends on its condition. Higher-quality coins fetch higher prices. For example, a PR68 grade specimen sold for $32,200 in 2005. As of 2025, the auction price of the same coin has reached approximately $45,600.
Coin Grade and Estimated Value:
| Attribute | Details |
|---|---|
| Coin Name | 1968 ‘No S’ Roosevelt Dime |
| Minting Error | Missing ‘S’ Mint Mark (San Francisco Mint) |
| Obverse Design | Portrait of President Franklin D. Roosevelt |
| Reverse Design | Torch flanked by olive and oak branches |
| Composition | 75% Copper, 25% Nickel (Copper-Nickel Clad) |
| Diameter | 17.90 millimeters |
| Weight | 2.27 grams |
| Estimated Rarity | Only a few dozen exist |
| Value Based on Condition | PR65: $5,000 – $10,000 PR66: $10,000 – $20,000 PR67: $20,000 – $35,000 PR68: $35,000 – $50,000 |
| Highest Auction Price | Up to $45,600 |
| Identification Tip | Check above the date on the obverse side. If no ‘S’ mint mark is present and it is a proof coin, it may be the rare variety. |
(Note: These values are approximate and may change according to market demand and the quality of the coin.)
Popularity Among Collectors
Due to the rarity of these coins, the demand for ‘No S’ dime coins is extremely high. These coins come up in very few auctions, and many times only one or two coins are available in an entire year. Due to their unique historical background and limited numbers, these remain valuable possessions for collectors.
How to Identify a 1968 ‘No S’ Dime?
If you want to see if you have a ‘No S’ dime, look carefully at the obverse (front side) of the coin. The absence of the ‘S’ mint mark above the date indicates that it may be a ‘No S’ error coin.
Note that the normal business strikes made by the Philadelphia Mint also do not have a mint mark, but they are normal coins and have no additional value. Only the proof coins from the San Francisco Mint are rare.
Conclusion
The 1968 ‘No S’ Roosevelt Dime is a rare and valuable coin that is highly significant to collectors. Its limited number and distinctive error make it a historic and unique item. If you have this coin, it is wise to have it certified (graded) and store it safely.
FAQs
1. How can I check if my 1968 dime is the ‘No S’ version?
A. Look carefully at the obverse of your coin. If there is no ‘S’ mint mark above the date and it is a proof coin, it may be a ‘No S’ dime. However, have a coin expert or authentication service (PCGS, NGC) check to be sure.
2. Are all 1968 dimes without a mint mark valuable?
A. No, only proof coins struck by the San Francisco Mint that do not have the ‘S’ mint mark are valuable. Common coins struck by the Philadelphia Mint without a mint mark have no additional value.
3. How many 1968 ‘No S’ dimes are available?
A. The exact number is unknown, but experts believe only a few dozen exist.
4. What is the highest auction price ever for a 1968 ‘No S’ dime?
A. Some coins have reached auction prices as high as $45,600, especially the higher grade (PR68) coins.
5. What should I do if I have a 1968 ‘No S’ dime?
A. If you suspect you may have this rare coin, send it to a reputable coin certification service like PCGS or NGC for authentication and grading. This will not only ensure its authenticity but will also increase its value.