Imagine finding a coin in your pocket change that could fund a college education, pay off your mortgage, or secure your retirement.
That’s exactly the case with a rare no mint mark Roosevelt dime, which has stunned collectors and investors alike by fetching over $300,000 at auctions. Even more surprising? These valuable dimes could still be in circulation, hidden in plain sight.
What Makes This Roosevelt Dime So Valuable?
The Roosevelt dime series, introduced in 1946 to honor President Franklin D. Roosevelt, has had countless variations over the years. But the 1968 no mint mark Roosevelt dime is one of the rarest.
Normally, dimes produced at the Philadelphia Mint before 1980 do not have a mint mark. However, starting in 1968, mint marks became standard. So, a 1968 dime without a mint mark indicates a rare minting error — most likely from the San Francisco Mint, where mint marks were required for proof coins.
These proof coins are specially made for collectors, not for general circulation. When a proof dime missing the “S” mint mark enters circulation, it becomes a true numismatic oddity — and potentially a life-changing discovery.
Key Features of the $300,000 No Mint Mark Dime
Feature | Details |
---|---|
Year | 1968 |
Mint | San Francisco (should bear “S” mint mark) |
Error | Missing mint mark |
Type | Proof coin |
Estimated Value | Over $300,000 (depending on condition) |
Composition | 91.67% copper, 8.33% nickel |
Current Status | Still possibly in circulation |
Why It’s Still in Circulation
In some cases, collectors or heirs unknowingly spend rare coins. These valuable dimes may slip into cash registers, coin jars, or even be given as change at a grocery store.
With billions of coins in circulation, it’s easy for one valuable error coin to go unnoticed — especially when it resembles a common dime.
That’s why coin collectors, or even curious citizens, are urged to inspect dimes from 1968 closely — particularly proof-like ones without the “S” mint mark.
How to Spot a Rare No Mint Mark Dime
Here’s how to determine if you might be holding one of these treasures:
- Check the Date: Look specifically for a 1968 dime.
- Look for the Mint Mark: A normal 1968-S proof dime should have an “S” mint mark. If it doesn’t — you could have the rare variety.
- Proof Coin Features: These coins have shiny, mirror-like backgrounds with frosted designs. If it looks unusually reflective, pay attention.
- Consult a Professional: Before selling or announcing, get your coin authenticated by a certified grading service like PCGS or NGC.
Market Value and Auction History
In recent years, authenticated 1968 no-S Roosevelt proof dimes have sold for anywhere between $25,000 to $300,000+, depending on the coin’s grade. Coins in PR-68 or PR-69 Deep Cameo condition command the highest prices.
The discovery of a 1968 no mint mark Roosevelt dime worth over $300,000 proves that incredible treasure can still exist in everyday change. With a bit of awareness and careful inspection, you might just find a small fortune resting in your wallet or coin jar.
So the next time you receive change, don’t overlook that shiny dime — it might just be the rare Roosevelt dime collectors dream of.
FAQs
How many 1968 no mint mark Roosevelt dimes exist?
Only a few verified examples exist, making it one of the rarest modern error coins.
Can I find one of these dimes in regular change?
Yes, although rare, some have surfaced in circulation due to human error or inheritance sales.
Where should I get my dime authenticated?
Use trusted grading services like PCGS or NGC to confirm authenticity and receive a certified value.