What does it mean when a coin has no mint mark?

What does it mean when a coin has no mint mark?

Mintmark: A letter or other mark on a coin denoting the mint that manufactured the coin. If the date of a US coin is written without a mintmark, it means that the coin has no mintmark and was (usually) minted in Philadelphia.

How much does a 1 dollar coin cost?

A $1 coin typically costs about 30 cents for the U.S. Mint to produce, but then the government can sell them to Americans for a dollar each.

What are the most valuable coins without mintmarks?

Certain dates of proof coins that were accidentally struck without a mintmark can be valuable. Coins to watch for are the 1968 No S Proof (Roosevelt Dime), 1970 No S Proof (Roosevelt Dime), 1971 No S Proof (Jefferson Nickel), 1975 No S Proof (Roosevelt Dime), 1983 No S Proof (Roosevelt Dime), and 1990 No S Proof (Lincoln Cent).

What is the history of the $1 coin?

The Presidential $1 Coin Program. The dollar was one of the first silver coins made, in 1794. Since then the dollar coin has been minted periodically with different versions of Liberty and other individuals on the obverse, including those of President Dwight D. Eisenhower (1971-1978), suffragist Susan B.

Why there are no mint marks on coins dated  1965  1966 and  1967?

Why There Are No Mint Marks on Coins Dated 1965, 1966, and 1967? In the mid-1960s, the United States was in the midst of a nationwide coin shortage due to a major shift from striking 90% silver coins to those of a less-valuable “clad” composition. Coins dated 1965, 1966 and 1967 were intentionally produced without a mintmark.

How much are no s proof coins worth?

Other No S Proof Coins tend to have values in the $1,000 to $30,000 or so range depending on their grade and rarity. The higher the grade on the 1 to 70 coin grading scale, the greater the value. Also, certain dates of No S Proofs have had more coins discovered over the years than others.