Mercury Dime

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1916 D Mercury Dime FB Full bands, Obverse
1916 D Mercury Dime FB Full bands, Reverse
Specifications
Designer Adolph A. Weinman
Obverse Miss Liberty wearing a phrygian cap
Reverse Battle ax and olive branch
Edge Reeded
Weight 2.50 grams
Diameter 17.9 millimeters
Composition Silver (90%), Copper (10%)
Date(s) 1916 - 1945

The Mercury Dime, or Winged Liberty Head dime, is considered by many to be the most beautiful US dime produced.

Specifications

  • Designer: Adolph A. Weinman
  • Obverse Design: Miss Liberty wearing a phrygian cap
  • Reverse Design: Battle ax and olive branch
  • Edge: Reeded
  • Weight: 2.50 grams
  • Diameter: 17.9 millimeters
  • Composition: Silver (90%), Copper (10%)
  • Dates Minted: 1916 - 1945

Background

The technically-correct crowd will tell you that the Mercury dime should actually be called the Winged Liberty dime. That’s actually true, because that is NOT the ancient god, Mercury on the face of this dime, rather, it IS Miss Liberty wearing a cap with wings to symbolize freedom of thought. But let’s face it— the head on the Mercury dime matches almost exactly, the symbol of the FTD Florists, the speedy ancient god, Mercury. So this particular dime will likely ALWAYS be referred to as the “Mercury dime,” simply because popular wisdom trumps technically-correct, every time. Which is also why the one-cent coin will always be popularly referred to as a “penny," rather than the technically-correct, “cent.”

But back to the coin itself. The Mercury dime appeared on the U.S coin landscape in 1916. The new Mercury dime was the second type of dime to bear a 1916-date, as the old Barber dime series finished up that same year. As it was, the year 1916 was somewhat of a renaissance year for U.S. coinage, for in that year, three new U.S. coin designs appeared: the Mercury dime, the Standing Liberty quarter, and the Walking Liberty half dollar. All three are considered beautiful classics today. Imagine getting a mint-set from the year 1916, where these three coin designs AND the classic Buffalo nickel design would be included!

In fact, the year 1916 is a milestone in U.S. coinage for another reason. Up until 1916, the dime always had the same obverse design as the quarter and the half dollar. This all changed with the introduction of the Mercury dime, Standing Liberty quarter and Walking Liberty half dollar -—all three with completely different obverse designs.

The Mercury dime design is simpler than the more striking-looking Standing Liberty quarter or the REALLY attractive Walking Liberty half dollar. A major reason for this, obviously, is the much smaller surface of the dime—you simply can’t fit as much onto the face of it! Even so, the designer of the Mercury dime, Adolph A. Weinman, produced a design of simple classic beauty: a winged liberty head that had the look of an ancient classic Greek coin, and a reverse featuring a bundle of sticks flanked by a battle ax and entwined with an olive branch. The battle-ax symbolized “preparedness,” the olive branch symbolizing “peace”,:and the entire bundle together symbolizing unity. So you can see from the obverse and reverse design, this tiny coin is heavy with symbolism!

History

It’s somewhat of a shame that this tiny classic coin beauty, whose design expresses hope for peace, unity and liberty, had its circulation years flanked by two horrific World Wars. The Mercury dime entered circulation right in the middle of World War I, and ended the same year as World War II ended. Also, unfortunately, the Mercury dime is the dime of the “Brother, can you spare a dime” years: the Great Depression of 1929-1936. But the Mercury dime did enjoy one Golden Age span in the U.S., that being the prosperous Roaring Twenties, at least until 1929.

The Mercury dime would be the last dime type to be struck in 90% silver during its entire run. So every collector can rest assured that, unlike the Roosevelt dime series, every Mercury dime is a silver dime. Also, the Mercury dime features three of the most popular “rarities” in 20th century U.S. coinage: the 1916-D dime (retails $2,500 in Fine), and the 1942 overdates (the 1942, 2 over 1 and the 1942-d 2 over 1).

Grading

When grading Mercury dimes, the reverse design holds the key. The Mercury head was fairly bold and high relief, so is almost never found worn flat. The more defined the braids and hair, however, the better the grade. The sticks and bands on the reverse bundle, however, seem to be the first parts to show wear. If the vertical sticks and diagonal bands on the reverse are mostly visible and defined, then you have a higher-grade coin—at least Very Fine. For an Extremely Fine, the diagonal bands will be almost completely defined, and on the obverse, the braids and hair before the ear, are visible.

The Mercury dime was struck at the Philadelphia, San Francisco and Denver mints. The Philadelphia mint dimes do not have a mintmark. The San Francisco and Denver mints, however, will have their mintmark (S or D) on the reverse, at the base of the olive branch. Most dates and mintmarks are easily affordable, even into the mint-state grades. The Mercury dimes up to the early 1920’s are the most popular, not only because they are generally a bit scarcer than the ones from the late twenties through 1945, but simply because they are “early” Mercury dimes, had more time to circulate, and are harder to find in higher grades.

Mercury Dime Price Guide

Year Mercury Dimes G4 VG8 F12 VF20 XF40 AU50 AU53 AU55 AU58 MS60 MS61 MS62 MS63 MS64 MS65 MS66 MS67 MS68 MS69 MS70
1916 1916 7 9 10 13 15 19 24 26 30 32 35 39 44 50 101 235 $ $ $ $
1916-D 1k 1.8k 2.6k 3.3k 5.8k 6.2k 8.1k 9.8k 11.1k 12.2k 13.3k 14.9k 16k 21k 27k $ $ $ $ $
1916-S 7 9 11 19 25 27 31 33 35 37 41 53 58 82 230 375 1134 $ $ $
1917 1917 6 7 8 10 13 15 18 20 23 26 30 35 43 68 155 560 $ $ $ $
1917-D 8 11 14 28 46 50 55 83 112 135 210 290 320 475 1.3k 2.7k 4.7k $ $ $
1917-S 6 7 8 12 17 25 33 40 47 65 89 113 185 270 485 1k 3.5k $ $ $
1918 1918 7 9 10 22 33 37 42 50 62 70 81 92 103 145 510 1.5k $ $ $ $
1918-D 6 8 11 20 31 43 71 90 101 150 189 210 260 410 1.1k 1.8k $ $ $ $
1918-S 7 8 8 17 24 54 77 89 110 131 180 220 260 410 840 2k $ $ $ $
1919 1919 6 7 8 12 16 19 21 28 34 40 54 65 77 110 305 650 $ $ $ $
1919-D 9 12 15 29 42 55 112 143 180 210 280 370 440 770 1.8k 3.5k $ $ $ $
1919-S 7 9 12 25 37 51 85 110 151 185 254 330 490 740 1.2k 1.9k 3k $ $ $
1920 1920 6 7 7 10 14 18 22 28 31 38 50 61 78 110 250 590 1k $ $ $
1920-D 6 7 8 19 28 42 61 85 101 120 160 250 330 470 900 2k $ $ $ $
1920-S 6 7 8 11 21 49 88 100 110 125 187 240 310 510 1.9k 3.5k $ $ $ $
Year Mercury Dimes G4 VG8 F12 VF20 XF40 AU50 AU53 AU55 AU58 MS60 MS61 MS62 MS63 MS64 MS65 MS66 MS67 MS68 MS69 MS70
1921 1921 50 95 133 330 575 770 870 960 1.1k 1.2k 1.3k 1.4k 1.5k 1.9k 3.4k $ $ $ $ $
1921-D 65 110 210 410 770 810 1k 1.2k 1.3k 1.5k 1.6k 1.8k 1.9k 2.6k 3.9k 5.2k $ $ $ $
1923 1923 6 7 7 9 10 15 18 23 28 30 34 38 41 60 110 305 1.2k $ $ $
1923-S 7 10 12 41 66 73 95 112 126 175 210 300 380 690 1.4k 2.2k $ $ $ $
1924 1924 6 7 7 12 18 20 22 28 34 40 55 66 83 122 205 410 1.5k $ $ $
1924-D 7 10 12 38 52 79 105 130 177 200 266 380 490 700 1.3k 2k 3k $ $ $
1924-S 6 8 11 41 57 110 155 190 210 230 290 340 430 650 1.3k 3.4k 6k $ $ $
1925 1925 6 7 7 10 13 17 20 29 35 40 58 77 83 130 230 530 1.5k $ $ $
1925-D 9 14 19 78 120 185 248 290 345 390 540 690 777 1.1k 1.9k 3.1k $ $ $ $
1925-S 7 11 33 54 75 95 134 177 201 215 289 333 490 850 1.5k 2.7k $ $ $ $
1926 1926 6 7 7 10 12 18 21 25 30 32 46 55 65 110 230 610 1.5k $ $ $
1926-D 7 9 11 22 30 54 88 105 122 130 177 205 265 330 610 1.4k $ $ $ $
1926-S 15 20 25 145 250 450 780 910 1k 1.2k 1.6k 1.8k 2k 2.4k 3.4k 5.3k 10k $ $ $
Year Mercury Dimes G4 VG8 F12 VF20 XF40 AU50 AU53 AU55 AU58 MS60 MS61 MS62 MS63 MS64 MS65 MS66 MS67 MS68 MS69 MS70
1927 1927 6 7 7 9 11 16 22 28 31 34 42 49 55 92 177 300 $ $ $ $
1927-D 7 9 11 44 75 85 95 115 147 195 240 290 385 610 1.3k 2k $ $ $ $
1927-S 7 9 11 22 28 95 145 210 265 300 395 485 635 890 1.6k 3k $ $ $ $
1928 1928 6 7 7 9 10 14 17 23 28 30 34 39 43 60 133 470 2k $ $ $
1928-D 9 11 13 38 56 71 85 112 143 175 220 290 335 500 1k 1.8k 2.7k $ $ $
1928-S 6 7 8 18 22 55 88 105 22 130 167 210 275 335 505 1k 2.5k $ $ $
1929 1929 6 6 6 7 9 11 14 19 22 26 28 30 32 41 71 205 600 $ $ $
1929-D 6 7 8 14 20 22 24 26 28 30 32 34 36 47 83 163 910 5.2k $ $
1929-S 6 7 7 9 13 18 22 27 31 35 38 41 47 80 152 380 $ $ $ $
1930 1930 6 7 7 10 12 15 18 22 26 33 36 40 46 62 135 250 700 $ $ $
1930-S 7 8 9 12 19 37 51 67 75 81 91 101 123 150 220 525 2k $ $ $
1931 1931 7 8 8 12 14 17 20 28 36 41 47 55 69 94 147 390 1k $ $ $
1931-D 11 13 15 22 40 53 69 79 87 95 101 108 120 155 270 520 1.1k $ $ $
1931-S 8 9 10 16 23 34 47 59 81 95 103 112 127 170 305 600 1.3k 3.7k $ $
Year Mercury Dimes G4 VG8 F12 VF20 XF40 AU50 AU53 AU55 AU58 MS60 MS61 MS62 MS63 MS64 MS65 MS66 MS67 MS68 MS69 MS70
1934 1934 5 5 5 6 7 12 18 25 29 32 34 36 38 40 47 77 250 $ $ $
1934-D 6 6 7 10 13 28 36 43 47 49 52 54 56 63 85 165 $ $ $ $
1935 1935 5 5 5 6 7 10 12 15 17 19 22 24 25 26 34 52 226 $ $ $
1935-D 6 7 7 10 14 20 27 34 38 40 43 47 50 56 93 385 1k $ $ $
1935-S 5 5 5 7 9 11 17 23 27 29 30 31 32 37 44 72 635 2.5k $ $
1936 1936 5 5 5 6 7 8 9 10 11 12 13 14 15 19 27 40 97 710 $ $
1936-D 6 6 6 7 9 13 18 22 25 29 31 33 35 43 55 110 375 $ $ $
1936-S 5 5 5 6 7 9 12 19 23 26 28 29 30 34 39 62 340 $ $ $
1937 1937 5 5 5 6 7 8 9 10 11 13 13 14 14 17 26 40 105 600 $ $
1937-D 5 5 5 6 7 10 18 22 24 25 26 27 28 33 43 83 135 1.5k $ $
1937-S 5 5 5 6 7 10 12 19 24 26 27 28 28 33 40 110 250 $ $ $
1938 1938 5 5 5 6 7 9 10 13 14 15 16 17 18 21 28 36 70 500 $ $
1938-D 5 5 5 6 7 10 12 16 20 23 24 25 25 29 34 70 250 1k $ $
1938-S 5 5 5 6 7 9 12 18 22 24 25 27 28 31 37 85 270 600 $ $
Year Mercury Dimes G4 VG8 F12 VF20 XF40 AU50 AU53 AU55 AU58 MS60 MS61 MS62 MS63 MS64 MS65 MS66 MS67 MS68 MS69 MS70
1939 1939 5 5 5 6 6 7 8 8 9 10 10 11 12 16 25 32 55 385 $ $
1939-D 5 5 5 6 6 7 8 8 9 10 10 11 12 18 22 31 85 300 $ $
1939-S 5 5 5 6 7 12 16 22 24 27 28 29 30 37 44 68 385 755 $ $
1940 1940 5 5 5 6 6 7 8 8 8 9 10 10 11 14 23 29 53 300 $ $
1940-D 5 5 5 5 6 6 7 8 9 10 10 11 12 16 31 43 110 350 $ $
1940-S 5 5 5 6 6 7 8 8 9 10 10 11 12 15 31 44 155 930 $ $
1941 1941 5 5 5 6 6 6 7 7 8 9 10 11 12 13 14 28 51 310 $ $
1941-D 5 5 5 6 6 7 8 8 9 10 11 12 13 15 22 30 100 $ $ $
1941-S 5 5 5 6 6 7 8 8 9 9 10 11 12 14 22 32 200 880 $ $
1942 1942 5 5 5 6 6 7 8 8 9 9 10 11 12 15 22 28 50 554 $ $
1942-D 5 5 5 6 6 7 8 8 9 10 11 12 13 14 22 30 113 735 $ $
1942-S 5 5 5 6 6 7 8 8 9 11 13 15 17 21 26 43 190 500 $ $
1943 1943 5 5 5 6 6 7 8 8 9 9 10 10 11 14 22 28 53 450 $ $
1943-D 5 5 5 6 6 7 8 8 9 10 10 11 11 15 22 33 125 $ $ $
1943-S 5 5 5 6 6 7 8 8 9 10 10 11 12 15 22 33 176 500 $ $
Year Mercury Dimes G4 VG8 F12 VF20 XF40 AU50 AU53 AU55 AU58 MS60 MS61 MS62 MS63 MS64 MS65 MS66 MS67 MS68 MS69 MS70
1944 1944 5 5 5 6 6 7 8 8 9 9 10 11 12 15 22 29 40 $ $ $
1944-D 5 5 5 6 6 7 8 8 9 10 10 11 12 15 22 28 53 350 $ $
1944-S 5 5 5 6 6 7 8 8 9 10 10 11 12 15 25 35 127 700 $ $
1945 1945 5 5 5 6 6 7 8 8 9 9 10 11 12 15 22 28 51 500 $ $
1945-D 5 5 5 6 6 7 8 8 9 9 10 11 12 15 22 29 40 $ $ $
1945-S 5 5 5 6 6 7 8 8 9 9 10 11 12 15 22 33 249 1k $ $

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