1937 Mercury Dime Value Guide

1944-S Mercury Silver Dime BU Uncirculated Dime | eBay
1937 Mercury Dime
Estimated Value
$10 – $12
Period
1937
Origin
United States
Materials
90% Silver, 10% Copper
Category
Mercury dime

The 1937 Mercury Dime is a prized piece of American numismatic history, featuring Adolph A. Weinman's iconic design of Lady Liberty in a winged Phrygian cap. Minted during a transformative era for U.S. coinage, this 90% silver coin is highly collectible for its artistic merit and precious metal content.

What Is 1937 Mercury Dime Worth?

The typical price range for 1937 Mercury Dime is $10 - $12 based on recent sales. However, values can vary depending on the item's condition, rarity, and other factors such as:

  • The presence of 'Full Bands' on the reverse fasces significantly increases the coin's market value.
  • Overall strike quality and the level of preservation of Liberty's hair and wing feathers.
  • The specific mint of origin, with Denver (D) and San Francisco (S) issues often carrying premiums over Philadelphia (no mint mark) examples.
  • The current spot price of silver, which provides a baseline 'melt value' for lower-grade specimens.

How to Identify 1937 Mercury Dime?

  • Verify the 1937 date located on the obverse side at the bottom left of Liberty's profile.
  • Check for the 'W' monogram on the obverse, representing the designer Adolph A. Weinman.
  • Look for the mint mark (D for Denver or S for San Francisco) on the reverse side, located to the left of the base of the fasces.
  • Confirm the composition is 90% silver and 10% copper, weighing approximately 2.5 grams with a diameter of 17.9mm.

History of 1937 Mercury Dime

The Mercury Dime, designed by Adolph A. Weinman, was minted from 1916 to 1945. It features a young Lady Liberty wearing a winged Phrygian cap, which was mistakenly interpreted by the public as the Roman god Mercury, hence the coin's popular name. This coin is particularly significant because it was minted during a period of great artistic change in US coinage and contains 90% silver.

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