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Lot
3479

1968 10C No S PR68 Cameo NGC....

2011 February Long Beach Signature US Coin Auction #1152

 
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Auction Ended On: Feb 3, 2011
Item Activity: 12 Internet/mail/phone bidders
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Location: Long Beach Convention Center
100 S. Pine Avenue
Long Beach, CA 90802

Description:

Extremely Rare 1968 No S Roosevelt Dime
PR68 Cameo, Single Finest at NGC
1968 10C No S PR68 Cameo NGC. The year 1968 was one of transition at the U.S. Mint, as proof coinage resumed for the first time since 1964. (The 1965-67 Special Mint Sets satisfied few collectors of proof coins.) The job of proof coinage was transferred in 1968 from Philadelphia to the San Francisco Mint. Among the proof dies manufactured in Philadelphia and shipped to San Francisco was one which inadvertently omitted the S mintmark, and that die was used to produce a small quantity of proof dimes.
The resulting 1968 No S dimes were the first of several such mistakes, a blunder that recurred on proof Roosevelt dimes in 1970, 1975, and 1983. The 1968 No S dimes are the first and among the rarest (behind the 1975 No S dimes). The Cherrypickers' Guide rates them at URS-5, or nine to 16 pieces existing.
This piece in PR68 Cameo is the single finest certified at NGC, and the only other piece graded at that service is a PR67 Cameo (1/11). The deeply mirrored fields contrast noticeably with the fully struck, frosty devices. The brilliant surfaces display a light overlay of pale reddish patina. A tiny patch of porosity above the I in DIME is consistent with the grade.
Ex: Central States Signature (Heritage, 4/2010), lot 2072, which realized $16,100.(Registry values: P1) (NGC ID# 27F3, PCGS# 85245)

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