The 1931 Mercury Dime

The 1931 Mercury Dime is a wonderful and exciting coin that holds tremendous historical and cultural value. Dimes have been produced by the US Mint since the origins of the United States, and it's an incredibly popular coin amongst collectors. For collectors, mid-series editions like the Mercury Dime from 1931 are especially popular because they are hard to find in excellent condition, in addition to their low minting numbers.

Origins of the Mercury Dime

In January 1915, the minimum time limit of 25 years for American coins had passed for the dime and the Mint was asked by the Treasury to produce a new design. The Chief Engraver, Charles Barber, wanted his designs to be picked from in-house but were rejected in favor of German sculptor Adolph Weinman’s dime design. Apparently Barber was so distraught that his designs were not selected that he was described as “sullen and uncooperative,” and actively attempted to slow down the release and minting of the new dimes.  

1931 Mercury Dime Values

Finding a 1931 Mercury Dime is important to many collectors, and it is an exciting addition to any collection. Like many older coins, the value is tied to the condition of the coin. On a Mercury Dime, you should look for a clear image of Liberty in a winged cap, with “LIBERTY,” and “In God We Trust” clearly visible on the obverse. The reverse will feature a fasces with an olive branch, as well as the denomination mark. Highly circulated coins go for, on average, around three dollars. A mint condition coin is valued at twenty-two dollars.

 

Type of coin: Dime

Year: 1931

Mint Mark: None

Total mintage: 3,150,000

Metal content: 90% Silver, 10% Copper

Face value: Ten Cents

Weight: 2.5 grams

Edge: Reeded

Designer: Adolph Weinman

Diameter: 17.91 millimeters