If you enjoy collecting coins, you might be sitting on a hidden treasure! The 1968 “No S” Dime is a super rare coin that’s caught the eye of many collectors. Thanks to a minting mistake, this coin lacks an important mark that usually shows where it was made. Because of this error, it’s valued at a whopping Dime Worth $40K! Let’s dive deeper into what makes this coin so special and valuable.
What Is the 1968 “No S” Dime?
The 1968 “No S” Dime is a rare proof error coin. Proof coins are special coins made with extra care, and they usually have sharp details. They are typically made for collectors rather than for everyday use. Most dimes from 1968 have an “S” mintmark, indicating they were made at the San Francisco Mint. However, some dimes were mistakenly made without this mintmark, making them unique and highly sought after by collectors.
Why Is It So Valuable?
There are a few reasons that explain the high value of the 1968 “No S” Dime:
Minting Error
The main reason this dime is so valuable is the missing “S” mintmark. The mistake was noticed quickly, leading to only a small number of these coins being made before the error was fixed. Minting errors are rare, and this uniqueness drives up the coin’s value.
Limited Availability
There are only about 24 known 1968 “No S” Dimes in existence. When fewer coins are available, they become more valuable. Collectors are always on the lookout for rare items, which makes this dime even more special.
Historical Significance
This coin was made during an important time in U.S. coin history. The U.S. Mint changed the materials used for coins in the late 1960s. From 1965 to 1967, coins did not have mintmarks to prevent hoarding. The mintmarks were brought back in 1968, and the “No S” Dime was a product of this transition.
What Is the Most Valuable Version?
The most valuable version of the 1968 “No S” Dime is known as the PR69 Cameo. Only two of these coins are in this top condition, and they are highly prized by collectors. If you own a PR69 Cameo dime, you could potentially have a coin worth up to $40,800!
How Did This Error Happen?
The U.S. Mint started issuing proof coins with mintmarks again in 1968. These special coins are made for collectors and have extra shine. The San Francisco Mint was in charge of producing these proof sets, and the dimes should have included an “S” mintmark. However, one of the dies used to strike these coins didn’t have the mintmark, leading to the release of a small number of dimes without it.
How Rare Is the 1968 “No S” Dime?
The 1968 “No S” Dime is extremely rare. With only around 24 coins found, it’s considered one of the rarest proof error coins in U.S. history. Its rarity is a significant factor in why collectors are willing to pay high prices for it. If you think you own one of these coins, you could have a very valuable piece in your collection.
Conclusion
The 1968 “No S” Dime is an excellent example of how a simple minting mistake can turn an ordinary coin into a treasure. With only about 24 of these dimes known to exist, they are in high demand among coin collectors. Prices can reach up to Dime Worth $40K, making this dime not just valuable, but also exciting for collectors. Whether you’re a seasoned numismatist or just starting out, the story of this coin shows how thrilling and rewarding coin collecting can be. If you have a 1968 dime, it might be worth checking if it’s a “No S” version—you could be sitting on a small fortune!
FAQ’S
How can I tell if my dime is a “No S” Dime?
To check if your dime is a “No S” Dime, look for the mintmark on the back. If it doesn’t have an “S” mark, you may have a rare coin!
What makes the 1968 “No S” Dime so special?
The 1968 “No S” Dime is special because it was created by mistake. Only about 24 of these coins exist, making it highly sought after by collectors.
Where can I sell my 1968 “No S” Dime?
You can sell your dime at coin shops, auctions, or online marketplaces. It’s a good idea to get it appraised first to know its value!