Imagine pulling a dime from your pocket and discovering it’s worth $9.8 million
Picture finding a simple dime in your pocket, only to learn it’s valued at an astonishing $9.8 million. That’s the incredible buzz surrounding a rare version of the Roosevelt Dime. First introduced in 1946 to honor President Franklin D. Roosevelt, these coins are typically worth just 10 cents.
However, an extremely rare variety—possibly a 1968 No-S Proof or a minting error—has been appraised at nearly $10 million. What’s more exciting is the possibility that this coin is still out there in everyday circulation, waiting to be discovered.
A Coin with a Historic Story
The Roosevelt Dime, designed by John R. Sinnock, displays Roosevelt’s image on the front and a torch flanked by olive and oak branches on the back. Dimes produced from 1946 through 1964 were made with 90% silver, which gives them a distinct brilliance.
The nearly $10 million version is believed to be a 1968 No-S Proof—originally minted for collectors but missing the “S” mark typically placed by the San Francisco Mint. Only a few of these exist, and some might have accidentally entered everyday use. Its rarity, silver composition, and near-perfect condition make it one of the most sought-after coins by collectors.
What Drives Its Sky-High Value?
What makes this dime so valuable is its extreme rarity and unique characteristics. The 1968 No-S Proof was part of a special collector’s set, known for its sharp details and glossy, mirror-like finish. The missing “S” mint mark, which should indicate San Francisco production, makes this coin a minting mistake—and highly collectible.
Its 90% silver content also adds to its value, and its excellent preservation increases that value significantly. In 2016, a similar dime sold for $500,000, but due to growing interest among collectors, top-quality examples are now estimated to be worth several million dollars.
| Feature | Regular Roosevelt Dime | Rare $9.8M Roosevelt Dime |
|---|---|---|
| Material | 90% Silver (pre-1965) | 90% Silver |
| Weight | 2.5 grams | 2.5 grams |
| Mint Mark | D, S, or none | No “S” (1968 No-S Proof) |
| Special Feature | None | Proof finish, no mint mark |
| Value | $2–$5 (circulated) | Up to $9.8 million |
How to Find This Million-Dollar Dime
Finding one of these dimes requires sharp attention. Start by checking for a 1968 date without an “S” mint mark beside it. The coin should shine like a mirror—an indicator that it’s a proof version. Examine the edge to ensure it looks silver, not the copper-nickel blend found in post-1965 dimes.
If possible, weigh it—it should come in at 2.5 grams. Because it’s made of silver, a magnet shouldn’t stick to it. If you suspect you’ve found this rare piece, avoid spending it—send it to a professional grading company like PCGS or NGC to confirm its authenticity.
Tales of Lucky Discoveries
Many collectors stay hopeful thanks to real-life stories of rare coin finds. In 2011, someone discovered a 1968 No-S Proof dime in a coin roll obtained from a bank. That dime later sold for more than $100,000. Online communities and social platforms often share tips about checking loose change, family piggy banks, or inherited coin collections.
Since Roosevelt Dimes are still in daily use, they could appear just about anywhere—from vending machines to change drawers at home.
Could You Be Holding a Fortune?
While the odds of finding a $9.8 million dime are very low, the thrill of the hunt is real. With countless Roosevelt Dimes still circulating, this ultra-rare version might be hiding where you least expect it. So the next time you receive change, take a close look at your dimes.
A simple inspection could uncover a piece of American numismatic history. Keep searching coin jars, old drawers, or even your local coin shop—you might be the next person to stumble upon a million-dollar treasure.
FAQs
What is the 1968 No-S Proof dime?
It’s a special collector’s coin mistakenly minted without the San Francisco “S” mark, making it extremely rare and valuable.
How can I tell if I have a valuable dime?
Check for a 1968 date, no mint mark, a mirror-like surface, and a silver-colored edge. Weigh it to confirm it’s 2.5 grams.
Where can I get the coin checked?
You can contact grading services like PCGS (Professional Coin Grading Service) or NGC (Numismatic Guaranty Company) for verification.
Is it still possible to find this dime in circulation?
Yes, although it’s rare, some may have entered circulation by mistake and could still be found in everyday change.
Janice R. Phillips is a seasoned finance writer with a keen eye for simplifying complex financial concepts. With over a decade of experience covering personal finance, investing, and economic trends, she empowers readers to make informed money decisions. Janice specializes in creating content that bridges the gap between financial theory and real-world application, making her a trusted voice for both novice and experienced investors.