He Almost Spent Roosevelt Dime Now Worth $120,000

Roosevelt Dime Now Worth: Imagine nearly spending a dime that’s worth a fortune! That’s exactly what happened to a lucky Ohio man who almost used a rare 1968-S No S Proof Roosevelt Dime at a gas station, only to discover it’s valued at $120,000. This tiny coin, sold at a 2025 auction by GreatCollections, sparked a bidding frenzy among collectors. With just a handful of these error coins known to exist, it’s a numismatic gem that’s got everyone checking their change. Let’s dive into why this dime is such a big deal and how you might spot one yourself!

A Rare Proof Error

The 1968-S No S Proof Roosevelt Dime is a collector’s unicorn because of a minting mistake. Proof coins, made in San Francisco with an “S” mint mark, are polished for collectors and not meant for circulation. But a few 1968 dimes missed the “S” mark due to a die error, making them insanely rare—only about a dozen are known. This particular dime, graded PR68 by PCGS, boasts a Deep Cameo finish with mirror-like surfaces and frosted details. Found in a proof set inherited from a relative, it was almost spent before the owner realized its value.

Why It Fetched $120,000

What makes this dime worth so much? Rarity and condition are key. The missing “S” mint mark is a huge error, as proof coins almost always carry a mint mark. With so few No S dimes out there, collectors go wild for them. This one’s PR68 grade means it’s nearly flawless, with no scratches or wear, and its Deep Cameo contrast adds visual pop. Similar 1968-S No S dimes have sold for $30,000-$500,000, with one hitting $456,000 in 2019. The $120,000 price tag in July 2025 reflects a hot market for rare errors and the coin’s pristine state.

Auction Excitement Takes Off

The GreatCollections auction was a nail-biter. Listed online with a starting bid of $10,000, the dime quickly drew attention from collectors worldwide. Social media buzzed with excitement, with coin enthusiasts sharing photos and speculating on its final price. Bidding surged as the auction neared its close, wrapping up at $120,000 after just 10 minutes of intense competition. The coin’s backstory—nearly spent at a gas station—added to its allure, making it a legend in numismatic circles. It’s proof that rare coins can turn a routine day into a life-changing moment.

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A Piece of History

This dime isn’t just valuable for its error—it’s a snapshot of 1968 America. The Roosevelt Dime, introduced in 1946 to honor President Franklin D. Roosevelt, features his portrait on the front and a torch, olive branch, and oak branch on the back, symbolizing liberty, peace, and strength. Proof coins like this were struck with extra care for collectors, making errors like the missing “S” a big deal. The 1968-S No S dime connects to a time when the U.S. Mint was transitioning away from silver, adding historical weight to its rarity.

Could You Have One?

This story has folks rummaging through coin jars and old piggy banks. To spot a 1968-S No S dime, check for a 1968 date and no “S” mint mark below the date—use a magnifying glass to be sure. Proof coins have a shiny, mirror-like finish, unlike circulated dimes. If you find a candidate, don’t clean it; take it to a coin shop or get it graded by PCGS or NGC. Even non-error 1968 proof dimes can fetch $10-$50, but a No S error is a jackpot. Check old proof sets, family collections, or change from estate sales—you might just strike gold!

The Coin Hunt Is On

The $120,000 sale is fueling a coin-collecting craze, with stories like this dime and a $45,000 2004 nickel inspiring everyday folks to hunt for treasures. The 1968-S No S dime is a reminder that rare errors can hide in plain sight. Whether you’re a seasoned collector or just curious, now’s the time to inspect your dimes. Visit a local coin shop, check eBay, or explore GreatCollections’ auctions to learn more. Who knows? That dime in your wallet could be the next big find!