You will find more detailed buying and selling information on the Mercury Dime and 11 other popular U.S. silver coins in my eBook The Last US 90 Percent Silver Coins.Don't let the Mercury Dime's size fool you. In 1980, this silver coin could buy a gallon of gas. It wasn't because gas was so cheap. It was because silver was at an all-time high, reaching $50.00 per ounce. Some say it is headed that high again. Read on...
Five Lowest Minted Mercury Dimes**
The Mercury Dime features an image
of a Winged Liberty Head on
the obverse side with a fasces and olive branch on the reverse (fasces:
a bundle of white birch rods bound together around an ax with
the blade projecting, carried before ancient Roman magistrates
as an emblem of authority). The mint mark appears on
the reverse, to the left of the fasces. Mint marks are "D"
for Denver and "S" for
the San Francisco Mints. If no mint mark appears, it was minted
Mercury Dimes are 90% silver and 10% copper. Uncirculated coins contain .0723 Troy ounces of pure silver (2.25 grams) with a gross weight of .08 Troy ounces (2.50 grams). Circulated Mercury Dimes are considered to contain .0715 Troy ounces of pure silver (2.2239 grams) due to the "wear factor" in handling these coins. Circulated silver coins are sometimes referred to as "junk silver" but don't believe it.
To determine the silver (melt) value of a circulated Mercury Dime, multiply the current spot price of silver times .0715.
Example: $20.00 x .0715 = $1.43
One place to buy Mercury Dimes is at your local coin shop, but don't overlook eBay auctions. Here you will find circulated coins sold in quantities of one, in small lots or even entire collections.
If you bid on one or more auctions,
keep in mind that approximately 14 dimes equal one ounce of
silver and use that as a guide when bidding on circulated
coins. Of course, auctions for uncirculated Mercury Dimes (MS60
and higher) will fetch a higher price.
For your convenience, I have included a link to current Mercury Dime auctions on eBay (just click on the Search button). You might be able to pick up some Merc dimes at a decent price. Please be aware I receive a small compensation if you have a winning bid on coins through this site which does not result in you paying more.
Disclaimer: I have made every reasonable effort to produce an informative and helpful article on Mercury Dimes based on my research and experiences. However, I make no representation or warranties of any kind with regard to its completeness, accuracy or suitability for any specific situation or purpose. See Terms and Conditions for more info.