Every US coin carries two pieces of information that determine most of its numismatic value — the date, and the mintmark. Learning to read both quickly, on any series in any grade, is the single most useful skill a new collector can develop.
The date tells you when the coin was struck. The mintmark tells you where. Together they identify a specific issue within a series, and from there you can look up mintage, rarity, and market comparables. Neither number is optional; a Morgan dollar dated 1893 without knowing the mintmark could be anything from a common Philadelphia issue to a legendary San Francisco key. The difference matters by several orders of magnitude.
This guide covers every US mint that has ever struck coins, every mintmark letter they used, and where the mintmark appears on every major pre-1965 US series. It closes with the practical stuff: the strange 1965-1967 no-mintmark era, the 1968 mintmark relocation, edge cases and pitfalls that regularly trip up new collectors, and techniques for reading a date on a coin that's been in circulation for a century. If you haven't read the pre-1965 overview, that's the entry point; this is the reference article you'll come back to.
The Eight US Mints
Over the course of US coinage, eight facilities have struck coins for circulation or issued mintmarked pieces. Not all were operational at the same time.
| Mint | Mark | Years Active | Notes |
|---|---|---|---|
| Philadelphia | P or none | 1792 – present | Original US mint. No mintmark used until 1979 (Susan B. Anthony dollar); War Nickels 1942-45 used a special large P on the reverse. |
| New Orleans | O | 1838 – 1861, 1879 – 1909 | Closed at start of Civil War, reopened 18 years later. Struck silver and gold. |
| Charlotte, NC | C | 1838 – 1861 | Gold only. Closed permanently at outbreak of Civil War. |
| Dahlonega, GA | D | 1838 – 1861 | Gold only. Closed permanently at Civil War. Same letter as Denver — but on completely different dates. |
| San Francisco | S | 1854 – present | Opened after California Gold Rush. Struck all denominations at various times; primarily proof coinage today. |
| Carson City, NV | CC | 1870 – 1893 | Only mint to use a two-letter mark. Struck to process Nevada silver. Every CC issue is collected specifically for the mintmark. |
| Denver | D | 1906 – present | Opened as an assay office in 1863, became a full mint in 1906. Uses same D mintmark that Dahlonega used decades earlier. |
| West Point, NY | W | 1984 – present | First W mintmark on 1984 commemorative gold. Primarily bullion, commemoratives, and special issues. |
Two different US mints used the D mintmark at different times: Dahlonega (gold only, 1838-1861) and Denver (all denominations, 1906-present). The two eras don't overlap, so there is no ambiguity in practice — a D on a coin dated 1838-1861 is Dahlonega and appears only on gold; a D on any coin dated 1906 or later is Denver. But it catches beginners regularly, especially with pre-1861 gold pieces where the D is quietly worth many multiples of what a Denver D of the same denomination would be worth.
Where the Mintmark Sits: Series by Series
Mintmark placement is not standardized. Different series put the mintmark in different locations, and the same series sometimes moved it partway through. What follows is a working reference for the pre-1965 series most collectors deal with.
Cents
Indian Head Cent (1859–1909)
The Indian Head cent was struck at Philadelphia for its entire run except for two years — 1908 and 1909 — when San Francisco struck matching issues. The mintmark, when present, appears on the reverse below the wreath. The 1908-S and 1909-S are the only Indian Head cents with any mintmark; every other date is a no-mintmark Philadelphia issue.
Lincoln Cent (1909–present)
Uniquely among long-running US coin series, the Lincoln cent has always carried its mintmark on the obverse, directly below the date. No move to obverse was needed in 1968 because it was already there. The only Lincoln cent bearing a P mintmark for circulation is the 2017-P commemorative issue struck for the 225th anniversary of the US Mint; every other Philadelphia Lincoln cent carries no mintmark.
Nickels
Liberty V Nickel (1883–1913) and Buffalo Nickel (1913–1938)
Both series carry the mintmark on the reverse, below the words FIVE CENTS. On the Buffalo nickel especially, this location wears very quickly because it sits on a raised portion of the design. Heavily worn Buffalo nickels often lose the mintmark before the date wears down. Collectors keep this in mind when evaluating low-grade Buffalos.
Jefferson Nickel — Standard Placement (1938–1942, 1946–1964)
Standard Jefferson nickels carry a small mintmark on the reverse, immediately to the right of Monticello.
Jefferson War Nickels (1942–1945)
The wartime silver-alloy Jefferson nickels — the only US five-cent pieces ever struck in silver — used a distinctive oversized mintmark placed on the reverse, above the dome of Monticello. All three active mints (P, D, S) used this large placement, and 1942-1945 War Nickels marked with a P are the first US coins ever to carry the Philadelphia P mintmark. Late-1942 P-mintmark War Nickels are the transitional issues, because Philadelphia started the year striking the standard copper-nickel composition (which continued to carry no mintmark) before switching to the silver alloy midway through the year.
Jefferson Nickel — Post-1968
Starting in 1968, the mintmark moved to the obverse, near the date. The 1965-1967 nickels carry no mintmark by act of Congress.
Dimes
Barber Dime (1892–1916), Mercury Dime (1916–1945), Roosevelt Silver Dime (1946–1964)
All three silver-era dime series place the mintmark on the reverse. On Barber dimes it sits below the wreath. On Mercury dimes it appears to the left of the ONE DIME legend, near the base of the fasces. On silver Roosevelts it sits on the reverse to the left of the torch, near the base. All three positions are small and can wear away in low grades.
Roosevelt dimes struck from 1968 forward carry the mintmark on the obverse, above the date, just to the right of Roosevelt's neck. The 1982 no-mintmark Philadelphia Roosevelt is a famous mint error — the P mintmark was accidentally omitted from a small number of coins that year, and they command a substantial premium in higher grades.
Quarters
Barber Quarter (1892–1916)
Reverse, below the eagle.
Standing Liberty Quarter (1916–1930)
Unusual placement — the Standing Liberty quarter is one of the few pre-1968 US coin series to carry its mintmark on the obverse. It sits above and to the left of the date, near the pedestal on which Liberty stands. On worn examples the mintmark is often the first thing lost.
Washington Quarter — Silver Era (1932–1964)
Reverse, below the eagle and the wreath. Starting in 1968, the mintmark moved to the obverse, to the right of the ribbon in Washington's queue (ponytail). Silver Washington quarters (through 1964) always carry the reverse mark.
Half Dollars
Barber Half (1892–1915)
Reverse, below the eagle.
Walking Liberty Half (1916–1947)
Placement changed within the series. On issues from 1916 and part of 1917, the mintmark sits on the obverse, below the motto IN GOD WE TRUST. Starting later in 1917 and continuing through 1947, the mintmark moved to the reverse, at the lower left below the pine tree. This split is one of the more consequential mintmark relocations in US coinage, because it created several "1917 with mintmark on obverse vs reverse" subtypes that collectors track separately.
Franklin Half (1948–1963)
Reverse, above the yoke of the Liberty Bell.
Kennedy Half — Silver (1964)
Reverse, to the left of the eagle's tail feathers. The 1964 Kennedy is the last silver-era half; the 1968-and-later Kennedy halves moved the mintmark to the obverse, below the truncation of Kennedy's neck.
Browse Vintage Coins by Mintmark on eBay
Once you can read the mintmark, sorting by mintmark is where the real value discovery happens. Carson City (CC) coins carry a distinct premium across every denomination they were struck in.
Silver Dollars
Morgan Dollar (1878–1904, 1921)
Mintmark appears on the reverse, directly below the eagle and above the D-O in DOLLAR. Morgan dollars were struck at Philadelphia (no mintmark), New Orleans (O), San Francisco (S), Carson City (CC), and — in 1921 only — Denver (D). Learning to identify the mintmark on a Morgan is essential because value swings dramatically by mint: a common-date P and the same date CC can be an order of magnitude apart in price.
Peace Dollar (1921–1935)
Reverse, near the tip of the eagle's wing on the left side, just above the eagle's leg. Smaller and less obvious than the Morgan mintmark. Peace dollars were struck at Philadelphia, Denver, and San Francisco.
Gold — Quick Reference
US gold coinage generally carries the mintmark on the reverse — Liberty Head gold typically below the eagle, and Saint-Gaudens gold on the reverse above the date on the eagle side. Indian Head quarter and half eagles (Bela Lyon Pratt's incuse design, 1908-1929) place the mintmark on the reverse to the lower left of the eagle. Because branch-mint gold from Charlotte, Dahlonega, Carson City, and New Orleans carries substantial numismatic premiums, mintmark verification is critical on any gold coin — see the US gold coinage guide for more depth.
The 1965–1967 No-Mintmark Era
Between 1965 and 1967, US coins struck at all three then-active mints (Philadelphia, Denver, San Francisco) carry no mintmark at all. This wasn't an error or a design change — it was federal law. Congress ordered the omission of mintmarks during a period of severe circulating coin shortage, on the theory that collectors were hoarding coins by date and mintmark and that removing mintmarks would discourage the practice.
Practically, this means every US coin dated 1965, 1966, or 1967 — including the 40% silver Kennedy halves from those years, the last silver-bearing circulating US coins — carries no mint identifier on the coin itself. Mint of origin for these coins is not visually determinable. Mintmarks returned in 1968, and at the same time the location of the mintmark moved from the reverse to the obverse on most denominations. That relocation was itself the most sweeping mintmark change in US coinage history.
The 1968 Obverse Move
In 1968, the US Mint moved the mintmark to the obverse on most denominations, reversing the pre-1965 convention of reverse placement. The move applied to Jefferson nickels, Roosevelt dimes, Washington quarters, and Kennedy halves. Lincoln cents didn't need to move because the mintmark had always been on the obverse below the date. This is why any post-1968 coin from any of these series has its mintmark on the same side as the portrait; anything with a reverse mintmark from these series is pre-1965.
For most US coinage: reverse mintmark = pre-1965; obverse mintmark = post-1968. The exceptions are Lincoln cents (always obverse), Standing Liberty quarters (obverse throughout their run), and the first two years of Walking Liberty halves (obverse 1916 – part of 1917).
Edge Cases and Common Confusions
The 1922 "No D" Lincoln Cent
In 1922, the Denver Mint was the only US mint that struck cents — Philadelphia struck no cents that year. A worn or overpolished Denver die produced a small number of cents with the D mintmark completely absent from the coin. These are not Philadelphia issues (Philadelphia struck no cents in 1922 at all); they are Denver die-state varieties, and the strongest examples (1922 "No D, Strong Reverse") are famous key varieties commanding significant premiums.
The 1982 No-Mintmark Roosevelt Dime
A small number of 1982 Roosevelt dimes were struck at Philadelphia without the P mintmark — an accidental omission during the transition period. These are collected as an error variety and carry substantial premiums in higher grades.
Overdates and Repunched Mintmarks
Two related variety categories complicate mintmark reading. An overdate is a coin where a die from one year was re-used with the new year's date punched over the old one — the 1942/1 Mercury dime and 1918/7-S Buffalo nickel are famous examples. A repunched mintmark (RPM) is a die on which the mintmark was punched twice, slightly misaligned, leaving a doubled or shadowed mintmark impression. Both categories are researched in specialty references (Cherrypickers' Guide, Wexler's die variety database) and can turn a common-date coin into a substantially more valuable variety.
Altered Mintmarks
Because a mintmark can swing a coin's value by orders of magnitude, altered mintmarks — where a common-date coin has been physically modified to appear to be a scarcer issue — are a genuine authentication concern. The classic scam is adding a D to a 1916 Mercury dime to make it appear to be a 1916-D key. Third-party certification (PCGS, NGC, CACG) catches these; the graders authenticate the mintmark as part of the certification process. For any high-value keyed date, buy certified.
Loupes and Magnification for Mintmark Reading
A 10x loupe is the standard tool for mintmark identification and preliminary variety attribution. For repunched mintmarks and doubled dies you'll want a 15x or 20x loupe. BCW carries a range of numismatic-quality loupes at reasonable prices.
Browse Loupes at BCWReading Faint Dates on Worn Coins
Dates wear at different rates depending on where they sit on the coin and how thick the design strokes are. Some series (Buffalo nickels especially) are notorious for dates wearing away before other design elements. Three practical techniques for reading a faint or partial date:
Raking light. Hold the coin under a bright single-source light — a desk lamp with the shade removed works well — with the light held nearly parallel to the coin's surface. This creates shadows in the shallow date recess that make faint devices readable. Rotate the coin under the light through 360 degrees; different angles reveal different portions of a partial date.
Digital microscopy. An inexpensive USB microscope (30x-60x) plugged into a laptop reveals date detail invisible to the naked eye. This is a low-cost investment that pays for itself the first time you correctly identify a date on a coin you would have written off as unreadable.
Chemical restoration (destructive). For Buffalo nickels specifically, ferric chloride solution (marketed as Nic-a-Date) can re-etch a worn date by chemically attacking the metal in the date recess. The restored date is legible but the coin is chemically altered and worthless as a numismatic piece. This technique is only useful for identifying dates on coins with no collector value — never use it on a coin you might later want to sell to a collector or send for grading.
Any chemical restoration — Nic-a-Date, acetone, vinegar, ammonia, silver dip — leaves detectable traces on the coin surface. PCGS, NGC, and CACG will identify chemically treated coins and assign them a "Details" grade rather than a straight numeric grade, which cuts value dramatically. Only use chemical restoration on coins you are certain have no numismatic value and never intend to grade or sell to a collector.
Where to Look Up Mintages
Once you can read date and mintmark, you can look up mintage figures — the number of coins of that specific issue that were struck. Mintage is not the same as scarcity in the market (many high-mintage coins are scarce in high grades because few were saved), but it's the starting point for understanding rarity.
- PCGS CoinFacts and NGC Coin Explorer are the two most comprehensive free online references. Both provide mintage, price history, auction records, and population data by grade for essentially every US coin.
- The Red Book (A Guide Book of United States Coins) publishes annually and lists mintages for every regular-issue US coin. The prices in the Red Book lag the market, but the mintage data is authoritative.
- US Mint annual reports are the primary source for modern mintages and are publicly available for free from the Mint's website.
Cross-referencing mintage against certified population reports gives the strongest picture of true scarcity. A coin with high mintage but low certified population in high grades is functionally scarce for high-grade collectors, even if millions were originally struck.
Where to Go Next
For the pre-1965 era overview, see the pre-1965 US coin collecting guide. For silver denomination deep dives, see the US silver coinage guide. For gold denominations and the pre-1933 gold market, see the US gold coinage guide. For grading, submission strategy, and how mintmarks appear on slab labels, GradedCoins.co is the sister reference. For errors and varieties — including doubled dies, repunched mintmarks, and overdate varieties — ErrorCoins.co covers the specialty in depth. And for beginner-first buying, HowToBuyCoins.com.
- US mints
- 8 total: Philadelphia (P/none), Denver (D), San Francisco (S), Carson City (CC), New Orleans (O), Charlotte (C, gold), Dahlonega (D-early, gold), West Point (W)
- Same letter, different mints
- D = Dahlonega (1838-1861, gold only) OR Denver (1906-present); dates don't overlap
- 1965–1967
- No mintmarks on any US coin (federal law during coin shortage)
- 1968
- Mintmark moved from reverse to obverse on most denominations
- Lincoln cent exception
- Always obverse below date; no P mintmark ever used except 2017-P commemorative
- War Nickels (1942-45)
- Only US coins with large mintmark above Monticello; first use of P mintmark
- Standing Liberty quarter
- Only major pre-1968 series with obverse mintmark
Frequently Asked Questions
For most of US coinage history, a coin with no mintmark was struck at the Philadelphia Mint. Philadelphia used no mintmark by default until 1979, when the P mintmark was introduced on the Susan B. Anthony dollar. The exceptions are Jefferson War Nickels of 1942-1945, which put an oversized P above Monticello, and coins struck 1965-1967 at all three then-active US mints, which carried no mintmark by act of Congress during a coin shortage. The Lincoln cent never received a P mintmark for circulation except for a single one-year commemorative issue in 2017.
Congress ordered the omission of mintmarks from 1965 through 1967 as part of the response to a severe circulating coin shortage of the mid-1960s. The reasoning was that collectors were hoarding coins by date and mintmark, and removing mintmarks would discourage the practice. Mintmarks returned in 1968, and at the same time were moved from the reverse to the obverse on most denominations.
On the reverse, below the words FIVE CENTS. A Buffalo nickel with a D indicates the Denver Mint; an S indicates San Francisco; and no mintmark indicates Philadelphia. The mintmark is often the first area to wear on a Buffalo nickel because it sits on a raised element of the reverse; heavily worn Buffalo nickels often lose the mintmark before the date wears down.
Two branch mints struck only gold coinage: Charlotte, North Carolina (mintmark C, operational 1838-1861) and Dahlonega, Georgia (mintmark D, operational 1838-1861). Both were opened to process gold from the Southern Appalachian gold fields and both closed at the outbreak of the Civil War in 1861. Neither reopened. Any coin struck at either mint is gold, and any "D" mintmark on a coin dated 1838-1861 refers to Dahlonega, not Denver — the Denver Mint did not open until 1906.
For most series, angled raking light across the date area is the first tool — a bright single-source light held nearly parallel to the coin surface will make faint devices visible. A 10x or 20x loupe helps. For Buffalo nickels specifically, a chemical restoration solution (Nic-a-Date, ferric chloride) can re-etch a worn date, but the treated coin becomes valueless as a collector piece and is only useful for identification. For anything of numismatic value, never chemically restore a date.