As far as ten-cent pieces go, Mercury dimes are considered popular with collectors. Part of that popularity exists because of their metal content. They’re composed of 90% silver and 10% copper, with just over .072 troy ounces of silver in each coin. They were minted in the United States from 1916 to 1945, replacing the Barber Dime.
The name Mercury Dime comes from the design on the obverse of the coin. The young Lady Liberty was confused for the Roman god Mercury, and the name stuck. The coin also has another name, the Winged Liberty Head Dime (or the silver Winged Liberty Head Dime) which is a direct acknowledgement of its design. The coin’s design was looked upon favorably by the public during the duration of its minting. It was designed by Adolph Weinman, a well-known designer and sculptor. The only issue the American public had with the dime was that it had some trouble fitting into vending machines at the time, and so, some modifications were made. The coin ran until 1945, which means it had a nearly 30 year run. That year, nearly three decades after first being minted, a new coin design was created. This time, the dime featured President Franklin Roosevelt, who had died recently. FDR died on April 12, 1945.
Below is a list of all the Mercury Dimes in existence. Each coin contains a mint date and most coins contain a mint mark, either “D” or “S”, which indicates where the coin was struck. The mint marks for this coin include Denver and San Francisco. These coins were also minted in Philadelphia, but, at the time, the “P” mint mark did not exist. Notably, no coins were produced in 1922, 1932 and 1933. Here is each year and mint mark of the Mercury Dime:
There are certain mint dates and locations that are especially valued by collectors. Some of the most sought after Mercury Dimes include the 1916-D, the 1921-D, and the 1926-S. These are the coins that were produced at the Denver Mint and San Francisco Mint, respectively. Of course, you want the coin in good condition to get at least the minimum value. That means, the coin’s grade is of the utmost importance.
There is a general grading system when it comes to looking at coins and assessing their value. In fact, a coin’s grade is a huge piece of the puzzle when it comes to the value of a coin overall. This is especially important when looking at older coins, like the Mercury Dime. The process for grading coins is very thorough and will account for any minor imperfections the coin may or may not have. Everything is taken into account. Below is an outline of the more important grade levels, though there are other grades, including “gem uncirculated.” This is a simple overview.
Yes. Buying and selling these coins is fun and easy. But, of course, first, you’ll want to work with someone who knows their history and value. These coins are worth more than their modern day counterparts due to their silver content, afterall, the Mercury Dime contains 90% silver and 10% copper, whereas a modern day dime is composed of 75% copper and 25% nickel alloy, bonded to a core made of pure copper. This, and other reasons, are why it’s essential to work with a dealer that knows about these dimes. In order to get the best results, a reputable dealer is necessary.
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