Mercury Dime Silver Melt Value (1916–1945)

Mercury Dime, obverse (1943-D)Mercury Dime, reverse (1943-D)
Shown: 1943-DPhoto: BrandonBigheart, CC BY-SA 3.0, via Wikimedia Commons (front, back); cropped.

A Mercury Dime contains 0.0723 troy oz of pure silver, worth $3.91 at today's spot price.

Officially the Winged Liberty Head dime, it is called the Mercury dime because Liberty's winged cap reminded people of the Roman god Mercury. It was designed by Adolph A. Weinman.

1916–1945

$3.91 silver melt value per coin

0.0723 troy oz silver · 90% silver, 10% copper

Melt values use these spot prices (US dollars):

  • Silver $54.05 per troy oz Current quote · Quote time Oct 24, 12:19 AM EDT

Melt value is the metal content at spot price, not a buy or sell price. Collectible coins can be worth much more. For reference only.

Specifications

Years 1916–1945
Face value 10¢
Composition 90% silver, 10% copper
Gross weight 2.5 g
Fineness .900 (90%)
Pure metal 0.0723 troy oz (2.25 g)
Diameter 17.9 mm
Standard roll 50 coins

How the melt value is worked out

Melt value is the pure silver in the coin multiplied by the spot price. We use the coin's standard minted weight; worn coins weigh slightly less.

  • 2.5 g × .900 fine ÷ 31.1035 g per troy oz = 0.0723 troy oz
    0.0723 troy oz × $54.05 spot = $3.91

How to identify it

  • Liberty wears a winged cap. The reverse shows a fasces (a bundle of rods with an axe) beside an olive branch.
  • The mint mark (D or S) is on the reverse, near the rim to the left of the fasces; Philadelphia coins have none.
  • No Mercury dimes were struck in 1922, 1932 or 1933.

Melt value vs. collector value

Common dates in circulated grades trade for their silver. Key dates such as the 1916-D and 1921, and coins showing fully split bands on the fasces, are worth far more. Our free Mercury dime sorting sheet helps you organize a pile by year.

Related tools

Sources

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