1967 Dime With No Mint Mark: Normal or Rare?

The Roosevelt 1967 dime no mint mark represents an object of frequent analysis resulting from the absence of identification marks indicating the minting location.

This specific feature was dictated by the United States Mint policy operating between 1965 and 1967.

The administration took the decision to exclude the "D" (Denver) and "S" (San Francisco) letter designations to combat speculation in the numismatic market.

Consequently, the absence of a mint mark on a 1967 coin represents a technical standard rather than a sign of an error or rarity.

The total mintage of the issue exceeding two billion specimens confirms the coin's status as a mass-produced payment instrument.

Since 1965, dimes have been produced in a clad execution, having completely replaced the silver coins of previous decades.

The coin's composition is strictly regulated by United States Mint standards.

A reduction in coin weight below 2.16 grams indicates intensive circulation or exposure to an aggressive environment.

Mintage Distribution Across Production Facilities

Despite the absence of marks, coins were struck at three different facilities.

Determining the exact production site of a specific specimen is impossible due to the use of identical dies.

• Philadelphia: Produced 439,320,000 pieces, having no mint mark by tradition.

• Denver: Produced 1,802,820,850 pieces, also lacking the "D" mark according to the 1965 law.

• San Francisco: Produced 1,863,344 pieces exclusively within Special Mint Sets (SMS).

Thus, 99.9% of all 1967 dimes found in circulation possess no mint mark, representing nominal value.

Special Mint Sets (SMS) Condition Assessment

In 1967, the U.S. Mint produced Special Mint Sets (SMS) instead of traditional Proof sets.

These coins differ from regular specimens by having higher detail definition and an absence of contact marks from coin-to-coin collisions in bags.

The market value of SMS coins depends directly on the preservation state and the presence of Cameo contrast.

An auction record for a 1967 dime in SP69 DCAM condition was recorded at 1,175 USD.

The DCAM (Deep Cameo) designation is assigned to coins having a matte relief against a mirror-like field.

"Full Bands" (FB) Characteristic on the Reverse

A dime's value increases significantly upon having the Full Bands (FB) marking.

The coin's reverse depicts a torch possessing horizontal separating lines in the upper and lower parts.

To receive FB status, these lines must be completely separated, having no breaks or merging from a weak strike.

• MS66 FB: Valued at 300–450 USD.

• MS67 FB: Valued at 1,200–1,600 USD.

The appearance of a coin in MS68 FB condition is an exceptional event capable of raising the price above 4,000 USD.

Statistics show that less than 0.01% of all certified 1967 dimes possess the Full Bands characteristic.

Auction Statistics and Price Records

The value of regular 1967 issues remains low until reaching the MS67 grade.

Recent years' data confirm the concentration of capital in the segment of perfectly preserved specimens.

1. Grade MS67: The average price stands at 25–40 USD.

2. Grade MS67+: The price increases to 150–200 USD.

3. Grade MS68: An absolute record for a regular strike reached 3,290 USD at a Heritage Auctions sale.

Such a price resulted from the absence of microscopic defects usually found under ten-fold magnification.

Market Value Change Dynamics

Analyzing market cycles over the last 15 years revealed the following percentage patterns.

• Low Grades (up to MS65): The price change totals 0% per year because supply exceeds demand.

• Grade MS67: A stable growth of 2–3% per year is observed resulting from inflationary processes.

• Grade MS68: Volatility reaches 15% per year, being dependent on the frequency of new specimens appearing in PCGS and a coin appraisal app registries.

Upon discovering a new coin in MS69 grade, the price of existing MS68s may decrease by 10–12% due to a shift in major investor interest.

Production Errors and Their Price Impact

Technical deviations during the 1967 minting process create rare varieties valued above standard coins.

The value of such specimens is determined individually based on the defect's prominence.

• Doubled Die Reverse (DDR): Doubling of the torch elements or letters on the back side.
  Specimens in AU condition can cost 40–75 USD.

• Off-Center Strike: Off-center minting characterized by image displacement.
  A displacement of 15–20% while preserving the date is valued at 100–180 USD.

• Struck Through: Minting through a foreign object (oil, thread, metal dust).
  The price varies from 25 to 200 USD depending on the area of the obscured image.

These errors confirm the fact of equipment failure, making the coin a unique historical witness of the production process.

Population Reports from Certification Agencies

A coin's rarity is determined by the number of registered units in PCGS and NGC databases.

Possessing only 12 specimens in MS68 condition worldwide makes their acquisition almost impossible for a regular collector.

Comparing this number to the total mintage of 2.2 billion emphasizes the difficulty of finding an ideal coin.

Valuable Specimen Identification Guide

The identification process requires using tools with high resolution, like the coin value app.

The first action involves weighing the coin on electronic scales with an accuracy of 0.01 grams.

A weight significantly exceeding 2.27 grams may indicate striking on a planchet intended for another denomination.

The second action consists of inspecting the edge under a magnifying glass to identify the copper core.

The absence of a copper strip on the rim might indicate striking on a 1964 silver planchet, representing an extremely valuable error.

The third action involves analyzing the torch line clarity on the reverse to assign Full Bands status.

Demand Forecast for 2026–2030

Economic indicators of the numismatic market suggest the continuation of stable demand for 1960s coins.

The expected reduction in the number of unopened 1967 bank rolls will lead to an annual price growth of 4–5% for the MS67 grade.

Coins from circulation will continue to serve as nominal payment instruments without signs of investment attractiveness.

Consequently, the 1967 dime without a mint mark is a normal coin, becoming rare only under the condition of ideal surface preservation.

The 1967 dime with no mint mark represents a product of mass production during a transitional period.

The technical absence of a letter code is not an error, being a confirmed historical standard.

The investment value of the coin is limited exclusively to MS67 grades and higher, alongside confirmed production defects.

Analyzing auction data and population reports allows for an objective evaluation of a specimen, avoiding erroneous profit expectations from ordinary circulating coins.

Precise knowledge of Mint technical regulations remains the only way for the correct classification of this issue.