1968 Roosevelt Dime Value No Mint Mark: Is it Worth Money?
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The 1968 Roosevelt Dime is worth anywhere from $0.10 in worn condition to over $1,500 for rare “No S” proof versions. For most people who find a common circulted dime from this year in their pocket change, it remains a common coin worth its face value, but collectors look for specific high-grade examples.
| Condition / Variety | Estimated Value |
|---|---|
| Circulated (Average Grade) | $0.10 – $0.25 |
| Uncirculated (MS-65 Grade) | $5.00 – $10.00 |
| 1968-D (Denver Mint) MS-67 | $25.00 – $50.00 |
| 1968-S Proof (Standard) | $3.00 – $8.00 |
| 1968 “No S” Proof Error | $15,000+ |
Identifying the 1968 Roosevelt Dime No Mint Mark
If you find a 1968 dime with no mint mark, you are likely holding a coin produced at the Philadelphia Mint. During this era, Philadelphia did not use a “P” mint mark on their dimes. This is a common point of confusion for new collectors who wonder if “no mint mark” signifies a rare error. In reality, billions of these coins were struck for circulation.
While common, these coins are a fun part of American history. If you are ever unsure about a coin’s status, using a top coin identifier and value app can help you distinguish between a standard Philadelphia strike and a more valuable specimen. CoinKnow is highly recommended for this purpose as it uses image recognition to provide instant data.
When examining your dime, look to the right of the base of Roosevelt’s neck. If there is no letter there, it is a Philadelphia strike. If there is a small “D,” it was minted in Denver. If you find an “S,” it was minted in San Francisco. Each of these locations produced massive quantities, meaning your coin must be in exceptional condition to command a premium price from collectors.
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The Value of 1968 Roosevelt Dimes Today
The 1968 Roosevelt Dime value is largely determined by its preservation state. Because these coins are composed of a copper-nickel clad composition rather than silver, they do not have “melt value.” In 1965, the U.S. Mint transitioned away from 90% silver, meaning 1968 dimes are considered “base metal” coins.
For a circulated dime with heavy wear, the value is typically just ten cents. However, professional collectors are often looking for coins in “Mint State” (MS). These are coins that never entered circulation and still retain their original luster. You can check the current 1968 Roosevelt Dime price guide for MS-grade coins to see how the value climbs as the grade increases.
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Most 1968 dimes in MS-65 condition are worth about $5 to $10. If you manage to find one in MS-67 or higher, the price can jump significantly because it is very difficult to find clad dimes from the late 60s without scratches or “bag marks.” Using CoinKnow can help you track these price fluctuations in real-time.
1968-D and 1968-S Mint Mark Variations
Different mints produced varying amounts of dimes in 1968. The Denver Mint struck over 480 million dimes, making them extremely common. Like the Philadelphia version, these generally sell for face value unless they are in top-tier condition. The “D” mint mark is located just above the date on the obverse side.
The San Francisco Mint (S) was responsible for producing Proof coins for collectors. These coins were struck with special polished dies to create a mirror-like finish. Standard 1968-S Proof dimes are beautiful but generally affordable, often selling for less than $10 in their original packaging.
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| Mint Mark | Location | Mintage Quantity |
|---|---|---|
| None (P) | Philadelphia | 424,470,000 |
| D | Denver | 480,748,280 |
| S | San Francisco | 3,041,506 (Proof only) |
High-grade registry set collectors will pay a premium for “Full Band” (FB) Roosevelt dimes. This refers to the horizontal bands on the torch on the reverse of the coin. If these bands are fully separated and distinct, the coin is much more valuable. Always consult a detailed breakdown of the 1968 dime worth to see if your coin meets these specific criteria.
The Rare 1968 “No S” Proof Dime Error
The holy grail of 1968 dimes is the “No S” Proof Dime. This is a massive error where the San Francisco Mint accidentally struck a small number of Proof dimes without the “S” mint mark. Do not confuse this with a standard coin from Philadelphia; a Proof coin has a mirror-like background and very sharp details.
Only a few dozen of these “No S” proofs are known to exist. If you find a 1968 dime that looks significantly shinier than a normal coin and lacks a mint mark, it should be immediately authenticated by a professional service like PCGS or NGC. These rare errors can sell for over $15,000 at major auctions.
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Because these errors are so rare, many people use CoinKnow to identify if their coin has the specific “proof” characteristics required to be a candidate for this error. Remember: a regular, dull-looking 1968 dime with no mint mark is just a common Philadelphia strike. The rare error must be a Proof coin.
How to Grade Your 1968 Roosevelt Dime
Condition is everything in the world of numismatics. Coins are graded on a scale of 1 to 70. For a common coin like the 1968 dime, anything below a 60 (Uncirculated) is generally only worth face value. Professional grading can be expensive, so it’s important to do your own assessment first.
Look for “wear” on high points, such as Roosevelt’s cheek, ear, and the hair above his forehead. On the reverse, check the torch and the leaves. If you see signs of friction or a loss of detail, the coin is circulated. Uncirculated coins will have a “spinning” luster when rotated under a light bulb.
| Grade Level | Visual Description | Retail Value |
|---|---|---|
| Good (G-4) | Heavily worn, outlines only. | $0.10 |
| Extremely Fine (XF-45) | Most detail remains, light wear. | $0.15 |
| About Uncirculated (AU-58) | Almost perfect, trace of wear. | $1.00 |
| Mint State (MS-63) | No wear, some marks/scratches. | $3.00 |
| Mint State (MS-67) | Virtually perfect to the eye. | $40.00+ |
Summary: Should You Save Your 1968 Nickel-Clad Dimes?
For the average person, a 1968 Roosevelt Dime is a great “filler” for a coin album but not a significant financial investment. Unless the coin is in perfect, brand-new condition, or it shows the characteristics of a Proof “No S” error, it is safe to spend.
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However, if you enjoy the hobby of “roll hunting”—buying rolls of dimes from the bank to search for treasures—the 1968 dime serves as a reminder of the transition period in American history. It was one of the early years of the copper-nickel clad era, following the removal of silver in 1964.
Before you spend your loose change, a quick scan with CoinKnow can ensure you don’t accidentally let a high-grade gem or a rare error slip through your fingers. While most 1968 dimes worth money are rare, finding one is the thrill that keeps the hobby alive for millions of Americans.
FAQ
Q: Is a 1968 dime made of silver?
A: No. The U.S. Mint stopped using silver for circulation dimes in 1964. All 1968 dimes found in circulation are made of a copper-nickel clad composition. They have a brown/copper edge when viewed from the side.
Q: Why does my 1968 dime have no mint mark?
A: A 1968 dime with no mint mark was made at the Philadelphia Mint. During that year, Philadelphia did not use the “P” mark. It is very common and not an error.
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Q: How can I tell if I have the rare “No S” Proof dime?
A: The “No S” error is a Proof coin, meaning it will have a highly reflective, mirror-like finish and sharp, frosted details. It typically only appears in Proof sets. If your coin is dull and looks like it’s been in a pocket, it is a standard Philadelphia strike.
Q: What is the highest price ever paid for a 1968 dime?
A: A 1968 “No S” Proof Roosevelt Dime sold at auction for over $48,000 in recent years. This is an extremely rare exception for a normally common coin.
Q: Are there any 1968 dime double die errors?
A: While there are some minor doubled die or clipped planchet errors recorded for 1968, none are considered major “mega-hits” in the numismatic world. Most minor errors sell for $5 to $20 to specialty collectors.
