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Mercury Dime Prices

How Much Should I Pay For a Mercury Dime?

By , About.com Guide

Mercury DimeImage Courtesy of:
Heritage Auction Galleries,
Ha.com

This guide is provides you with an idea of how much you should pay a coin dealer to acquire a Mercury dime that was minted between 1916 and 1945.  The chart below provides average coin prices based upon the condition of the coin.  If the coin has wear on it from being used in commerce, it considered "circulated." If it was never used, then it is classified as "uncirculated." The pictures below illustrate examples of each condition.

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Introduction to Coin Prices

There are many factors that go into determining the price that a dealer charges for coins. An understanding of how the coin market works will help you. If the coin dealer runs out of 1916-D Mercury dimes, he cannot just call the mint and order more of them because the mint does not make coins dated 1916 anymore. The coin dealer must replenish his supply by buying coins from other dealers or people off the street. What he pays you for that coin is known as the "wholesale price" or "value." If you want to buy that 1916-D from the coin dealer, that is known as the "retail price" or " price."

Condition or Grade Examples

Mercury dime Average Circulated Condition Circulated Mercury dime Average Uncirculated Condition Uncirculated
Click on the photos above for a larger image.
Photos courtesy of Teletrade Coin Auctions, www.teletrade.com
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Mint Marks

Mercury dimes were produced at three different mints: Philadelphia (no mint mark), Denver (D) and San Francisco (S).  As illustrated in the picture below, the mint mark is located on the reverse of the coin near the bottom at the stem of the oak branch.

Mercury dimeXX mint mark location
Mint Mark Location
Images Courtesy of: Heritage Auction Galleries, Ha.com

Mercury Dime Average Prices

The following table lists the price (what you can expect to pay a dealer) when you buy a Mercury dime. The first column lists the date and mint mark (see the photo above) followed by the price of an average circulated ("Avg Circ") coin and the average price for an uncirculated ("Avg Unc") one. These are approximate values and the actual price that a particular dealer charges will vary depending on the actual grade of the coin and a number of other factors.

Date Avg Circ Avg Unc Date Avg Circ Avg Unc
1916 $6.00 $42.00 1934 $4.00 $19.00
1916 D $2,500.00 $18,000.00 1934 D $5.00 $45.00
1916 S $9.00 $70.00 1935 $4.00 $18.00
1917 $4.00 $63.00 1935 D $4.00 $41.00
1917 D $12.00 $300.00 1935 S $4.00 $27.00
1917 S $4.00 $190.00 1936 $4.00 $14.00
1918 $6.00 $120.00 1936 D $4.00 $28.00
1918 D $7.00 $275.00 1936 S $4.00 $20.00
1918 S $6.00 $275.00 1937 $4.00 $14.00
1919 $4.00 $110.00 1937 D $4.00 $26.00
1919 D $12.00 $475.00 1937 S $4.00 $26.00
1919 S $9.00 $500.00 1938 $4.00 $18.00
1920 $5.00 $80.00 1938 D $4.00 $19.00
1920 D $5.00 $325.00 1938 S $4.00 $23.00
1920 S $6.00 $375.00 1939 $4.00 $16.00
1921 $130.00 $1,800.00 1939 D $4.00 $18.00
1921 D $190.00 $2,000.00 1939 S $4.00 $31.00
1923 $4.00 $47.00 1940 $4.00 $13.00
1923 S $8.00 $450.00 1940 D $4.00 $17.00
Date Avg Circ Avg Unc Date Avg Circ Avg Unc
1924 $4.00 $100.00 1940 S $4.00 $16.00
1924 D $10.00 $450.00 1941 $4.00 $12.00
1924 S $7.00 $475.00 1941 D $4.00 $13.00
1925 $4.00 $100.00 1941 S $4.00 $13.00
1925 D $20.00 $775.00 1942 $4.00 $12.00
1925 S $8.00 $500.00 1942/41 $459.00 $4,300.00
1926 $4.00 $75.00 1942 D $4.00 $13.00
1926 D $6.00 $275.00 1942/41 D $441.00 $4,300.00
1926 S $37.00 $1,500.00 1942 S $4.00 $17.00
1927 $4.00 $70.00 1943 $4.00 $11.00
1927 D $11.00 $420.00 1943 D $4.00 $11.00
1927 S $6.00 $550.00 1943 S $4.00 $15.00
1928 $4.00 $51.00 1944 $4.00 $12.00
1928 D $10.00 $350.00 1944 D $4.00 $13.00
1928 S $5.00 $250.00 1944 S $4.00 $16.00
1929 $4.00 $30.00 1945 $4.00 $11.00
1929 D $5.00 $45.00 1945 D $4.00 $13.00
1929 S $4.00 $50.00 1945 S $4.00 $15.00
1930 $4.00 $50.00 1945 Micro S $4.00 $40.00
1930 S $5.00 $120.00
1931 $4.00 $65.00
1931 D $13.00 $130.00
1931 S $6.00 $140.00

These prices have been compiled through my personal analysis of the coin market, referencing publications such as Numismatic News, Coin World, "The Official Red Book; A Guide Book of U.S. Coins," published auction results and consulting with various coin dealers.

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