2026 Mercury Dime Value Guide: Rare Errors, Prices, and the $1.1M Coin

2026 Mercury Dime Value GuideL: Mercury Dimes are among the most admired coins in U.S. numismatics. Despite their modest size, these silver dimes reflect a period when American coin design reached artistic excellence. Collectors are fascinated by their elegant imagery, historical background, and the rare possibility that one coin could be worth an extraordinary amount. One exceptional Mercury Dime has reached a valuation close to $1.1 million, proving that even everyday coins can hold remarkable hidden value.

Mercury Dime Value Guide 2026: Rare Dates and Errors

Year / VarietyMint MarkKey IdentifierEstimated Value Range (2026)
1916-D Mercury DimeDLowest mintage of the series$250,000 – $1,100,000
1921 Mercury DimeNoneScarce Philadelphia issue$3,000 – $25,000
1921-D Mercury DimeDRare Denver production$5,000 – $40,000
1926-S Mercury DimeSLow San Francisco output$2,500 – $30,000
1942/1 OverdatePDate struck over 1941$15,000 – $80,000
1942/1-D OverdateDDenver overdate error$20,000 – $90,000
Doubled Die ObverseMixedVisible doubling on date or letters$1,000 – $10,000
Repunched Mint MarkD or SMint mark struck more than once$500 – $5,000
Off-Center StrikeMixedMisaligned design$300 – $4,000
Full Bands (FB) IssueMixedStrong horizontal band detail$200 – $8,000
Proof Mercury DimeNoneSpecial mirror-like strike$1,500 – $20,000
High-Grade Common DateMixedMS67 or higher$400 – $3,000
Worn Common DateMixedCirculated conditionSilver value – $50
Silver Melt ValueN/A90% silver contentVaries with silver price

This table offers collectors a quick reference to identify Mercury Dimes that may deserve closer inspection and professional evaluation.

The Mercury Dime was introduced in 1916 and remained in circulation until 1945. Officially titled the Winged Liberty Head dime, it was designed by sculptor Adolph A. Weinman. The obverse portrays Liberty wearing a winged cap, symbolizing freedom of thought, while the reverse displays a fasces with an olive branch, representing unity, strength, and peace. The design is widely considered one of the most graceful ever used on American coinage.

Why Mercury Dimes Continue to Attract Collectors

Mercury Dimes are valued for more than their silver content. They circulated during some of the most defining moments in U.S. history, including World War I, the Great Depression, and World War II. Certain dates were minted in limited quantities, making them increasingly difficult to find today. This combination of history, scarcity, and beauty has kept demand strong for decades.

The Famous Mercury Dime Worth Around $1.1 Million

The 1916-D Mercury Dime is the most celebrated rarity of the entire series. With only 264,000 coins struck at the Denver Mint, it holds the lowest mintage of all Mercury Dimes. When preserved in exceptional condition, this coin has sold for more than $1.1 million at major auctions. Its value is driven by scarcity, collector demand, and the survival of very few high-grade examples.

Errors and Special Mercury Dime Varieties

Minting errors play a major role in driving Mercury Dime values higher. Overdate errors such as the 1942/1 occurred when one date was struck over another, leaving clear traces visible under magnification. Other desirable varieties include doubled dies, repunched mint marks, and off-center strikes. These errors create one-of-a-kind coins that collectors actively seek.

The Importance of Condition and Professional Grading

Condition is one of the most critical factors in determining a Mercury Dime’s value. Coins with sharp details, strong luster, and minimal wear can be worth many times more than worn examples. Professional grading services like PCGS and NGC authenticate coins and assign standardized grades, providing confidence for buyers and sellers alike.

How to Identify Valuable Mercury Dimes

Collectors should begin by checking the date and mint mark. The mint mark is located on the reverse, near the lower left of the fasces. Key dates such as 1916-D, 1921, and 1926-S should always be examined carefully. Using magnification can help reveal overdates or subtle errors that significantly increase value.

Silver Content and Base Value

Every Mercury Dime contains 90 percent silver, which gives even common examples intrinsic value. While silver prices influence the minimum worth, rare dates and errors far exceed melt value due to strong collector interest.

Auction Records and Collector Interest

Over the years, Mercury Dimes have consistently achieved impressive auction results. The finest known examples of the 1916-D have crossed into seven-figure territory, inspiring collectors to search through old collections, inherited coin sets, and estate finds.

Tips for Building a Strong Mercury Dime Collection

Handle coins only by their edges
Store coins in protective holders
Never clean or polish coins
Study verified key dates and varieties
Consider professional grading for rare finds

Final Verdict

The Mercury Dime valued near $1.1 million proves that rare coins can carry extraordinary historical and financial significance. While most Mercury Dimes are valued mainly for their silver content, select dates, errors, and high-grade examples transform ordinary dimes into exceptional treasures. For collectors willing to learn and look closely, the potential rewards are substantial.

Disclaimer

This article is provided for informational purposes only. Coin values vary depending on condition, rarity, and market demand. All prices mentioned are estimates and not guaranteed. Always consult certified grading services or professional numismatists before buying or selling collectible coins.

This table offers collectors a quick reference to identify Mercury Dimes that may deserve closer inspection and professional evaluation.

The Mercury Dime was introduced in 1916 and remained in circulation until 1945. Officially titled the Winged Liberty Head dime, it was designed by sculptor Adolph A. Weinman. The obverse portrays Liberty wearing a winged cap, symbolizing freedom of thought, while the reverse displays a fasces with an olive branch, representing unity, strength, and peace. The design is widely considered one of the most graceful ever used on American coinage.

Why Mercury Dimes Continue to Attract Collectors

Mercury Dimes are valued for more than their silver content. They circulated during some of the most defining moments in U.S. history, including World War I, the Great Depression, and World War II. Certain dates were minted in limited quantities, making them increasingly difficult to find today. This combination of history, scarcity, and beauty has kept demand strong for decades.

The Famous Mercury Dime Worth Around $1.1 Million

The 1916-D Mercury Dime is the most celebrated rarity of the entire series. With only 264,000 coins struck at the Denver Mint, it holds the lowest mintage of all Mercury Dimes. When preserved in exceptional condition, this coin has sold for more than $1.1 million at major auctions. Its value is driven by scarcity, collector demand, and the survival of very few high-grade examples.

Errors and Special Mercury Dime Varieties

Minting errors play a major role in driving Mercury Dime values higher. Overdate errors such as the 1942/1 occurred when one date was struck over another, leaving clear traces visible under magnification. Other desirable varieties include doubled dies, repunched mint marks, and off-center strikes. These errors create one-of-a-kind coins that collectors actively seek.

The Importance of Condition and Professional Grading

Condition is one of the most critical factors in determining a Mercury Dime’s value. Coins with sharp details, strong luster, and minimal wear can be worth many times more than worn examples. Professional grading services like PCGS and NGC authenticate coins and assign standardized grades, providing confidence for buyers and sellers alike.

How to Identify Valuable Mercury Dimes

Collectors should begin by checking the date and mint mark. The mint mark is located on the reverse, near the lower left of the fasces. Key dates such as 1916-D, 1921, and 1926-S should always be examined carefully. Using magnification can help reveal overdates or subtle errors that significantly increase value.

Silver Content and Base Value

Every Mercury Dime contains 90 percent silver, which gives even common examples intrinsic value. While silver prices influence the minimum worth, rare dates and errors far exceed melt value due to strong collector interest.

Auction Records and Collector Interest

Over the years, Mercury Dimes have consistently achieved impressive auction results. The finest known examples of the 1916-D have crossed into seven-figure territory, inspiring collectors to search through old collections, inherited coin sets, and estate finds.

Tips for Building a Strong Mercury Dime Collection

Handle coins only by their edges
Store coins in protective holders
Never clean or polish coins
Study verified key dates and varieties
Consider professional grading for rare finds

Final Verdict

The Mercury Dime valued near $1.1 million proves that rare coins can carry extraordinary historical and financial significance. While most Mercury Dimes are valued mainly for their silver content, select dates, errors, and high-grade examples transform ordinary dimes into exceptional treasures. For collectors willing to learn and look closely, the potential rewards are substantial.

Disclaimer

This article is provided for informational purposes only. Coin values vary depending on condition, rarity, and market demand. All prices mentioned are estimates and not guaranteed. Always consult certified grading services or professional numismatists before buying or selling collectible coins.

Joseph J. Mickley is a rare coin expert and content writer with six years’ experience, sharing authentic insights on rare coin history, discoveries, and current market prices to help collectors make informed decisions.

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