The same day, Malburn requested the opinion of the Treasury Department's Solicitor concerning the Mint view that it could strike new designs for the three denominations in 1916. But before buying a mercury dime (or any coin), be sure to do your research on the seller check their reviews and make sure they are reputable and trustworthy. Firstly, they were minted during both World Wars, making them sought after by collectors interested in numismatic history. A good example is this 1941 Mercury Dime PR67 Cameo auctioned by Heritage Auctions for $4,025. Copyright 2023 My Coin Guides. The 10-cent Mercury coins have the bust of a woman representing Liberty on the obverse. Prices can fluctuate significantly. Step by step; identify both the condition and grade of your coin, locate important mintmarks and popular varieties. The sculptors could submit multiple sketches. The letter that looks like a "W" on the front of the coin is not a mint mark. The cost of a complete collection by year in MS63 quality would be between $3,194 and $3,367 according to PCGS. [14], The three sculptors submitted design sketches in mid-February, and on February 23 met with Woolley in New York so the artists could make presentations of the work to him and answer his questions. One Minneapolis newspaper dubbed it the "battle ax" or "golf" dime, reflecting a lack of knowledge concerning the fasces. A favorite with collectors, who refer to the series as Mercury dimes; the coin features a bust of Liberty wearing a winged cap; symbol of freedom of thought. $6.25. Fine lines are part of the design and original texture remains overall helping to judge evidence of wear. Obverse: Features Identifying the Good Grade: Wear has now removed all finer detail and major details are mostly an outline. Current Silver Bullion Value: $1.50. ALWAYS COMBINED SHIPPNG ~ PAY SHIPPING FOR ONE LISTING AND THE REST SHIP FREE! a car travels 20.0 km in a direction 30 degrees north of west. Therefore, each dime contains approximately $1.20 worth of silver. I beg to enjoin you not to pay out any of the new dimes until you have received special instructions from this office. The coins are actually made of 90% silver and 10% copper. Mercury; Roosevelt; Seated Dime; Dollars (non silver) Dollars (Silver) Early . Condition: AG-3. This also changed the series from Mercury dimes to Roosevelt dimes. Lettering is complete and separate of the rim. [26] The lettering is in Roman style, and is made as discreet as possible. Video details the process used to grade the condition of Mercury dimes. The obverse shows a head of Liberty with winged cap. Lets answer some of the most commonly asked questions about the W on the Mercury Dime, what it means, any connection this has to mint marks on Mercury Dimes, and what these coins may be worth. As the new director, Friedrich Johannes Hugo von Engelken, did not take office until September 1, 1916, Fred H. Chaffin became acting director. To meet high quality a coin has limited to no wear, pleasing toning to bright mint silver, and few distractions. In extremely fine condition the value is around $3.25. Surrounding the fasces are two legends in a semicircle. Collectors Universe, Inc. disclaims any warranties whatsoever with respect to the accuracy of the PCGS3000 or any specific coin index. Although this coin technically does not fall into our "Top 15" list, it does deserve an honorable mention due to its amazing beauty and the Mercury dime series popularity with collectors. [25] Vermeule suggests that one reason for the use of wings was that Weinman, in common with many in the tradition of Augustus Saint-Gaudens, under whom Weinman had studied, liked the effect of feathers done in relief. This makes it a great piece for anyone looking to start or expand their collection. Seller: upnorthcoins. Mints and their mintmarks are imaged below. She wears a Phrygian cap with wings, reminiscent of the god Mercury, hence the name of the dime. Category: Mercury Dimes (1916-1945) Mint: San Francisco Mintage: 41,290,000 Obverse Designer: Adolph A. Weinman Reverse Designer: Adolph A. Weinman Composition: 90% Silver, 10% Copper Fineness: 0.9 Weight: 2.5g ASW: 0.0723oz Melt Value: $1.60 (2/11/2023) Diameter: 17.8mm Edge: Reed The San Francisco mint became famous for this coin because its mint mark printing is smaller than normal and also . American Sales Machines (owned by Clarence W. Hobbs, whose complaints had delayed the Buffalo nickel) requested design changes so that its counterfeit detector could work. Mercury dimes are not only valuable, but also beautiful and historically significant coins. ONE TIME SHIPPING COST FOR ALL ORDERS PURCHASED AT THE SAME TIME. When closely examined; often the lower edge of the band is sharper. The lowest mintage of the series occurred for the 1916-D, which has become a classic key date coin of the twentieth century. These are out of an original full box of 5,000 coins! Most of their value is based on the coin'ssilver melt value for lower-grade circulated coins. Free Shipping. [31], The Mercury dime was released into circulation on October 30, 1916, the same day that production of the Barber dime ceased. The first column lists the date and mintmark (see the photo above), followed by the buy price and the sell value for an average circulatedMercury dime. AT&T complained that the new dimes were too thick and would not work in their phones. Demand is relatively stable for coins in uncirculated condition. The mintmark is located on the reverse, to the right of the first E in " ONE DIME ". Reverse: Features Identifying the Good Grade: A strong outline of the Fasces remains along with a mintmark if present. The other side (the reverse) features a fasces, an ancient symbol of unity and strength, with an olive branch, symbolizing peace. Leading edge of the wing is faded only in disconnected areas. [36], The dime was struck in substantial numbers until 1930, with the notable exception of the 1916-D issue and from 1921 to 1923, when an economic downturn caused the need for coins to diminish. [43], Several Mercury dimes were flown into space on July 21, 1961, on the Mercury-Redstone 4 sub-orbital mission, the second manned flight of Project Mercury and the second human space flight by the United States. It should be noted that during the period from 1916 to 1945 there were pauses in its minting, as in 1932 and 1933, due to the Great Depression. [50], For additional detail on the 1916 subsidiary silver coin redesign, see, Last edited on 27 September 2022, at 23:49, Lange, Mercury dimes: Counterfeit & Altered Coins, "2016 Mercury Dime Centennial Gold Coin (Updated)", "U.S. Mint Sells Out Current Stock of 2016 Mercury Dime Centennial Gold Coin", "2016 Mercury Dime Centennial Gold Coin Unofficial Sales Total (Updated)", "The gold 'Mercury' dimes released Thursday are already sold out", "Mercury dimes. Place of minting: San Francisco Year of minting: 1945 Face Value: $0.10 (ten cents) Price: $2.22 to $4.70 (circulated condition) Quantity produced: 41,920,000 Designer: Adolph Alexander Weinman Composition: 90% Silver and 10% Copper Mass: 2.5 grams Diameter: 17.9 millimeters Photo Source: USA Coin Book "[17] The press release indicated that the Treasury hoped production of the new coins would begin in about two months, once the designs were finalized. The higher the grade, the higher the price grows exponentially, as it is a factor of great importance. All three horizontal band are well defined from the vertical lines. There have always been collectors, and it was for them that these special coins, the PROOF editions, were intended. This fact alone can help you to properly identify an authentic 1916-D Mercury Dime. [40] Also produced at that time, though less apparent to the naked eye, was the 1942/1-D. Another popular variety is the 1945-S "Micro S", with a smaller-than-normal mintmark. On June 24, Woolley wrote to Joyce: The dime is all right. In 1916 the San Francisco mint finished striking the last of the Barber series and began producing the Mercury dime series. 90% Silver, great looking addition to your collection. Majority of wing outline remains defined and recognizable from the cap areas below. While his observations regarding many aspects of practical coinage were quite accurate, they clearly could have been presented in a more constructive manner. Silver Weight: .07234 oz. [1], The Barber coinage had been introduced in 1892; similar dimes, quarter dollars, and half dollars, all designed by Mint Chief Engraver Charles E. Barber. Now that you know about the history of this coin, lets talk about how to properly appraise and collect them. Date remains bold with a small blending of the last digit with the rim. This was a little confusing for the public, and led to the coin being called both the Winged Liberty Head Dime and the Mercury Dime. Your email address will not be published. [24], Weinman's dime depicts Liberty with a wreath of tight curls, and wearing a traditional pileus, or Liberty cap. Silver price moves the value of bullion dimes up or down as silver prices change. Obverse: Features Identifying Extremely Fine Grade: Small amounts of wear have now flattened high point areas. Surrounding this female bust we find the legend LIBERTY, which is precisely what the head represents. Designed by Adolph Weinman and also referred to as the Winged Liberty Head dime, it gained its common name because the obverse depiction of a young Liberty, identifiable by her winged Phrygian cap, was confused with the Roman god Mercury. An even texture of the metal along high points of hair matching lower areas indicates a mint state coin. 1944 P Mercury Dime 90% Silver About Uncirculated Nice Coin For Your Set, 1944 MERCURY DIME (AKA WINGED LIBERTY HEAD DIME) 90% SILVER ~ LOT C108, 1944 MERCURY DIME (WORLD WAR II ERA) COMB SHIP ~ LOT D191, 1944 MERCURY DIME (AKA WINGED LIBERTY HEAD DIME) 90% SILVER ~ LOT C109. If, however, a change is made we all hope that more serviceable and satisfactory coins are produced than the recent Saint-Gaudens double eagle and eagle and the Pratt half and quarter eagle. [18] Lange notes that "numerous delays were encountered as the artists fine-tuned their models while simultaneously avoiding obstacles thrown in their path by Barber. View the images below for further reference. Von Engelken authorized Joyce to produce coinage dies on October 6, and the new coins were put into production. A close look fines a continuous, even texture of metal overall. Type: Mercury Dime Edge: Reeded Mint mark: No mint mark (P) Place of minting: Philadelphia Year of minting: 1929 Face value: $0.10 $ price: $2.50 to $11,450 Quantity produced: 25,970,000 Designer: Adolph A. Weinman At 25 million coins, the Philadelphia issue of the 1929 dime is the highest mintage for that year. 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