The 1938 Mercury Dime

Also known as the Winged Liberty Head Dime, the 1938 Mercury Dime is an extremely popular coin with collectors. It features a very classic and distinct American design with Lady Liberty in a winged cap, along with a Fasces wrapped in an olive branch. These designs are emblematic of the liberty and democracy that the United States was founded on, and make it a very patriotic coin that was equally as popular during its reign. 

How much is a Mercury Dime Worth?

For any coin collector, the grade and condition of the coin play an important role in determining their value. Coins fall into several number grades, but are often referred to as being in “good,” “fine,” “extremely fine,” or “uncirculated,” condition. Uncirculated condition, sometimes referred to as mint condition, means there are absolutely no signs of wear and tear on the coin and were never used in circulation. Extremely fine coins may have experienced light use, but were plucked for a collection early on in its lifetime. The difference between a fine and a good coin is that good coins are often incredibly worn, with many of the distinct features no longer being present on the coin.

1938 Mercury Dime Value

The 1938 Mercury Head Dime is a wonderful addition to any collection, as these coins are rare and valuable. 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 are worth two dollars and twenty-five cents, while uncirculated coins are worth seven dollars.

 

Type of coin: Dime

Year: 1938

Mint Mark: None

Total mintage: 22,190,000

Metal content: 90% Silver, 10% Copper

Face value: Ten Cents

Weight: 2.5 grams

Edge: Reeded

Designer: Adolph Weinman

Diameter: 17.91 millimeters