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Coin and Paper Money Collecting/Value of 1916 Mercury Dime

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Expert: Brad Swain - 1/26/2010


Question

Dime
Hi Brad,
I received this 1916 Mercury Dime with my change.  Can you please tell me what it is worth?

Thanks,
Carol

Answer
Hi Carol, nice find! This 'Mercury' dime contains .07234 of an ounce of silver (currently worth about $1.25). It may have a mintmark letter, D or S, to the left of the base of the torch on the back.
With no mintmark (Philadelphia), collector value may be worth about $3 with heavy wear to around $8 with moderate wear to maybe $12 with light wear. With an S mintmark (San Francisco) $4, $12, $20 in same conditions as listed above. And with a D, $1000, $4000, $6000.
You might try Ebay.com for similar pieces for comparison.
You might take it by a local coin shop for a first hand opinion: http://find.mapmuse.com/interest/coin_dealers .
You might also try a library for a copy of the Guidebook of United States Coins for pictures, values and lots more interesting info.
Brad
    Questioner's Rating
    Rating(1-10)Knowledgeability = 10Clarity of Response = 10Politeness = 10
    CommentThanks Brad for your quick response. The information you provided was very helpfully. Best Regards, Carol


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Brad Swain

Expertise

I have been a World Coin and Paper Money collector since about 1965. I will be glad to answer any questions you may have on World coins or currency, tokens, unusual or unknown pieces and attempt to give you estimates of value and historical information about them in a polite and prompt manner.

Experience

45 years collecting coins and paper money.

Education/Credentials
BA History, BA Geography - Virginia Tech

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