How the 1968 No S Dime Without a Mintmark Could Fetch You $40,800

The 1968 “No S Dime” is a wonderful anomaly in numismatic history that has attracted the attention of coin collectors and enthusiasts. This rare coin, identified by the absence of an “S” mintmark, has sold at auction for prices as high as $40,800.Understanding its history, rarity, and features be useful for collectors and hobbyists.

Historical Context of the 1968 No S Dime

The mintmarks were reintroduced on U. S. coins in 1968. In this year, the San Francisco Mint produced the proof coins with “S” on it.

However, some proof dimes were accidentally minted without this important “S” mark due to other mistakes in the die: a die intended for the San Francisco Mint was accidentally produced without an “S” mintmark. It produced the unique dies for these amazing coins.

Historical Context of the 1968 No S Dime

The 1968 “No S Dime” is important because it was the first instance of such an error in proof coins of the Roosevelt dime series.

Importance to Collectors

This is a valuable coin not only in the value of its rareness but in the history. It holds an important place among the numismatic world as well because of an error, that had given it some exclusive identity. Thus, if a person is serious about coin collection, then surely this coin could be one part of their valued collection.

Scarcity and Market Value: The only dimensional attribute that leads to a monetary value in the 1968 Nosedime is its rarity, which means that the estimated example is only between 12 and 14 specimens remaining in all grades and makes this coin inch closer to the rare find.

Its auction record continues to tell the tale of value growth. “PR68 sold for $6,038 back in 1999.”

“By 2005, a PR68 example fetched $32,200.”

“In 2006, a PR68 Cameo example achieved a price of $48,875.”

“In 2011, a PR67 example was sold for $21,850.”

Exemplary figures are the best indicators of how desirous the coin is to the customers and, in turn, the value that collectors are ready to pay for these examples.

Examining the 1968 No S Dime: How this coin differs from regular issues can easily be ascertainment:

Proof Quality: An example of the 1968 No S Dime is the proof coin with the mirror-like finish, sharp details, not for circulation but for collection.

Absence of a Mintmark: Unlike proof dimes of 1968 from the San Francisco Mint that have an “S” mintmark, this error coin does not bear any mintmark.

An image of the obverse side is President Franklin D. Roosevelt and on the reverse side, it has a torch with olive and oak branches; this is very much consistent with typical Roosevelt dimes.

Regular issue 1968 Philadelphia mints do not carry an ‘S’ mintmark too. But these are business-strike coins made for circulation and do not have the beautiful proof finish. Hence for identification of a 1968 No S Dime, proof finish and the non-appearance of the “S” mintmark are essential.

Comparison Table: 1968 Dime Varieties

Feature1968 No S Proof Dime1968 S Proof Dime1968 Philadelphia Dime
MintmarkNone“S”None
FinishProofProofBusiness Strike
Intended CirculationCollectorsCollectorsGeneral Circulation
Estimated Value Range$20,000 – $50,000$5 – $7$0.15 – $0.35
Estimated Quantity12 – 14HighHigh

Collecting and Investing in the 1968 No S Dime
If you want to add this rare coin to your collection, keep the following points in mind:

Authentication
This coin attracts special attention due to its rarity and high value. Therefore, before buying it, make sure it has been authenticated by reputable grading services, such as the Professional Coin Grading Service (PCGS) or the Numismatic Guaranty Corporation (NGC).

Condition Assessment
The condition of the coin, which is graded between 1 and 70 on the Sheldon scale, directly affects its value. Coins with higher grades, which have very few flaws, usually sell for a higher price.

Market Trends
Keep an eye on auction results and market trends. This will help you make the right decision about buying or selling this coin. The value of rare coins varies according to the demand of collectors and market conditions.

The 1968 No S Dime: A Unique Chapter in American Coin History
The 1968 “No S Dime” is an interesting part of American numismatic history. Its rarity and the unique story of its creation make it extremely popular among collectors.

Whether you are a seasoned coin collector or an amateur with an interest in coins, the allure of this coin lies not only in its financial value, but also in its unique place in the rich tradition of coin collecting.

Frequently Asked Questions (FAQs)

Why is there no mintmark on the 1968 No S dime?

The lack of a mintmark on the 1968 No S dime was due to a mistake made during the preparation of the die. The San Francisco Mint was supposed to have an “S” mintmark for proof coins, but it was omitted.

How to distinguish between a 1968 No S proof dime and a normal 1968 Philadelphia dime?

The 1968 No S proof dime has the mirror-like glossy finish and sharp edges that are characteristic of proof coins. In contrast, the Philadelphia dime is a business-strike coin with a normal finish.

What factors affect the value of the 1968 No S dime?

Several factors affect the value of this coin, such as:
Rarity: The availability of the coin.
Condition: The grading of the coin, with coins with higher grades being more valuable.
Market Demand: Popularity and demand of this coin among collectors.

Click to rate this post!
[Total: 1 Average: 1]

Leave a Comment