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A Beginner's Guide to U.S. Mint Marks

A mint mark is a small letter showing where a U.S. coin was made: P for Philadelphia, D for Denver, S for San Francisco, O for New Orleans, CC for Carson City and W for West Point. Early gold also carries C for Charlotte or D for Dahlonega. Most Philadelphia coins before 1980 have no mark. Its spot varies by series.

By the Dallas Coin Buyers team · Updated October 2026

Morgan and Peace silver dollars on an American flag showing mint mark locations

What a mint mark is

When the United States opened branch mints in the 1830s, it needed a way to tell their coins apart from Philadelphia's. The answer was a small letter punched into each working die. If coins from one mint came out underweight or badly struck, the letter pointed to the source.

Today the mint mark matters most to collectors. Two coins with the same design and date can differ in value many times over because one mint made far fewer of them. Learning to find and read the mark is the first real step in sorting a coin collection.

Every U.S. mint mark and what it means

One more quirk: the Mint left mint marks off nearly all coins dated 1965 to 1967, during the switch away from silver. A 1966 quarter with no letter is normal.

MarkMintYears on coinsGood to know
None or PPhiladelphia, PennsylvaniaSince 1793Usually no mark before 1980. P appears on 1942 to 1945 war nickels, the 1979 dollar and most coins from 1980 on. Cents carried a P only in 2017.
CCharlotte, North Carolina1838 to 1861Gold coins only
DDahlonega, Georgia1838 to 1861Gold coins only. Same letter as Denver, but the dates never overlap.
ONew Orleans, Louisiana1838 to 1861 and 1879 to 1909Silver and gold, including many Morgan dollars
SSan Francisco, CaliforniaSince 1854Today mostly proofs and collector coins
CCCarson City, Nevada1870 to 1893, with a pause in the late 1880sSilver and gold from the Nevada silver boom
DDenver, ColoradoSince 1906A major producer of circulating coins
WWest Point, New YorkSince 1984Mostly bullion, proofs and commemoratives, plus 2019 quarters released into circulation

Where to find the mint mark on popular coins

The mark moved around over the years, and it is easy to look on the wrong side. This table covers the series sellers bring us most.

CoinYearsWhere the mint mark sits
Morgan dollar1878 to 1904, 1921Reverse, below the wreath, just above the D and O of DOLLAR
Peace dollar1921 to 1935Reverse, lower left, below the word ONE and near the tip of the eagle's wing
Walking Liberty half1916 to 19471916 and some 1917: front, below IN GOD WE TRUST. From 1917 on: reverse, lower left near the rim
Mercury dime1916 to 1945Reverse, at the base of the bundle of rods, just right of the word ONE
Washington quarter1932 to 1964Reverse, below the wreath
Washington quarter1968 to 1998, and state quartersFront, just right of the ribbon at the back of the hair
Lincoln cent1909 to dateFront, below the date
Jefferson nickel1938 to 1964Reverse, right of Monticello
Jefferson war nickel1942 to 1945Reverse, large letter above Monticello's dome, including P
Jefferson nickel1968 to 2004Front, just below the date
Jefferson nickel2006 to dateFront, below the date

Why some mint marks bring more

A mint mark does not add value by itself. It tells you which mint made the coin, and that tells you how many were made and how many survived. When one mint struck only a small run of a given date, that coin becomes scarce, and collectors trying to finish a set will pay for it.

Well-known cases include the 1909-S VDB Lincoln cent, the 1916-D Mercury dime, the 1893-S Morgan dollar, the 1932-D and 1932-S Washington quarters and the 1950-D Jefferson nickel. In each case the same date from another mint is far easier to find.

History adds pull too. Carson City coins carry Old West appeal and came from a small mint in a mining town, so CC Morgans draw strong demand. New Orleans Morgans are common in many dates but often weakly struck, so a sharp one stands out. And the absence of a mark can matter: a few modern proofs were struck by mistake with no S, and those are prized.

  • Repunched mint marks show a letter punched twice, slightly offset.
  • Over mint marks show one letter punched over another, such as a D over an S.
  • Both are die varieties that specialists collect.

How to read a small mint mark

  • Use a 5x or 10x loupe. Hold the loupe close to your eye and bring the coin up toward it, not the other way around.
  • Light the coin from the side with a desk lamp. Overhead light flattens worn letters.
  • Tilt the coin slowly. A worn D, O or S often shows itself at one angle only.
  • On heavily worn coins, compare the shape against a sharper coin of the same type.
  • Hold the coin by its edge over a soft surface while you look.

Watch for altered mint marks

Because a single letter can change a coin's value so much, counterfeiters sometimes add a mint mark to a common Philadelphia coin or shave one off. The scarce dates above are favorite targets. Under magnification, an added letter may show a seam around its base, sit at the wrong angle or have the wrong shape for that year. Before paying a premium for any scarce date, buy it certified by PCGS or NGC or have it checked by someone who sees these every day.

Also, do not mistake a designer's initials for a mint mark. Many U.S. coins carry small initials near the bust or at the base of the design, and they have nothing to do with where the coin was made.

Want a real number?

See how we handle coin appraisals in Dallas, or call (469) 754-8608 for a free appraisal.

Checking mint marks with a Dallas buyer

Silver dollars come out of Dallas estates more than almost anything else. Parents and grandparents across North Texas picked them up at banks and saved them in cigar boxes, coffee cans and canvas bags. When those coins reach our table, the first thing we turn them over to find is the little letter under the wreath. An O for New Orleans is common in these accumulations. Every so often a CC turns up, and the heirs sit up a little straighter.

You do not have to sort anything before you call. Many sellers try with a magnifying glass at the kitchen table, get stuck on a worn Morgan from the 1880s and give up. That is fine. Bring the whole lot as it is, whether it is a single Mercury dime album or a box of rolls from a closet in Lakewood.

At a free appointment, a buyer reads every date and mint mark under magnification while you watch, then checks grade and eye appeal. If a coin is a scarce mint and date combination, we say so and explain why. If an S looks suspicious on a 1909 cent, we tell you that too. Silver and gold content is confirmed with an XRF reader on screen, and offers tie to the live spot price for metal and current dealer demand for collector coins.

Mint marks matter on more than silver dollars. We also find better-date Mercury dimes, Walking Liberty halves and Jefferson war nickels in Dallas coin jars and old desk drawers. The war nickels are easy to spot once you know the trick: a large P, D or S above Monticello's dome means the coin holds 35% silver, which makes it worth more than five cents before grade even enters the picture.

You leave with a written offer item by item, and there is no obligation to sell. Call (469) 754-8608, Monday to Friday, 9am to 5pm, to book a time.

Common questions

Where is the mint mark on a Morgan silver dollar?

On the reverse, below the wreath and just above the D and O in DOLLAR. Philadelphia Morgans have no mint mark. The other letters you may find there are O, S, CC and, in 1921, D.

What does the CC mint mark mean?

CC stands for Carson City, Nevada, which struck silver and gold coins from 1870 to 1893 with a pause in the late 1880s. Its small output and Old West history make CC coins popular with collectors.

Why does my coin have no mint mark?

Most Philadelphia coins made before 1980 carry no mint mark, and nearly all coins dated 1965 to 1967 have none from any mint. A missing mark is normal in both cases.

Is a D mint mark from Denver or Dahlonega?

Check the date and the metal. Dahlonega struck only gold from 1838 to 1861. Denver opened in 1906, so any D coin dated 1906 or later came from Denver.

Does a mint mark make my coin worth more?

Only when that mint made few of that date or few survived. The same date can be common from one mint and scarce from another. Condition still matters a great deal.

Where is the mint mark on a Walking Liberty half dollar?

Coins from 1916 and some from 1917 have it on the front below IN GOD WE TRUST. From 1917 on, it moved to the reverse, lower left near the rim.

Where is the mint mark on a Lincoln penny?

On the front, directly below the date. Philadelphia cents have no mark except those dated 2017, which carry a P.

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