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The Ultimate Guide to Mercury Dimes (and Their Surprising Values)

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By Joshua McMorrow-Hernandez

PUBLISHED: February 19, 2009
UPDATED: September 16, 2025

Mercury dimes, also sometimes called Winged-Liberty Head dimes, made their debut in 1916.

Designed by Adolph A. Weinman, the Mercury dime is a coin popular among collectors and also enjoys a following among investors.

1938-Mercury-Dime-reverse.jpg

Most Mercury dimes are fairly common.

They remained in circulation for years after the last Mercury dime was struck by the U.S. Mint in 1945.

They were struck by the tens of millions during many years.

Prices are relatively low, especially for 1930s and 1940s issues. Almost anybody can afford to buy at least one for their collection.

How has the Mercury dime fared in the coin market?

Rare Mercury Dimes

Mercury dimes are also known for their rarities.

One, the 1916-D, is a “modern rarity” that is as popular in some circles as the famously rare and valuable 1909-S V.D.B. cent.

Because Mercury dimes tend to be collected as a series (with every date and mintmark combination collected as a set), such demand puts pressure on supply.

For that reason, Mercury dimes have seen some price increases over the past several years.

Mercury Dime Values In 1994 vs. In 2009

Let’s look at 9 Mercury dimes and see how their prices have changed between the publications of the 1994 edition of the revered A Guide Book of United States Coins and the 2009 edition.

Mercury Dime Value Comparison (1994 vs. 2009)

Coin / VarietyCondition1994 Value (USD)2009 Value (USD)
1916Good to Mint-State 63$1.50 to $50$3 to $45
1916-DGood to Mint-State 63$325 to $4,500$900 to $18,000
1921Good to Mint-State 63$20 to $1,400$65 to $1,800
1921-DGood to Mint-State 63$30 to $1,650$80 to $1,850
1926-SGood to Mint-State 63$6 to $1,600$13 to $1,500
1931-DGood to Mint-State 63$6 to $95$8 to $140
1942, 2 over 1Fine to Mint-State 65$225 to $6,000$625 to $15,000
1942-D, 2 over 1Fine to Mint-State 65$225 to $4,200$675 to $8,000
1945-S Micro SFine to Mint-State 65$1.25 to $65$2 to $100

Scarce Mercury Dime Values

The scarce Mercury dimes have seen very nice price increases over the past 15 years.

The only price that decreased among those listed above was that for the Mint-State 63 1916 Mercury dime.

Yet, despite the price increases listed above, coin investing is risky. Price trends over a period of years are a good indicator of future activity.

But nothing is guaranteed in the world of coin investing. Therefore, use this information only as informational insight, not as a guide to which coins you should invest in.

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