Throughout a history that spans nearly as long as the history of the United States itself, the US Mint has produced countless coins. Still tasked with producing the coinage of the United States as well as that of plenty of other countries around the world, the US Mint is just as relevant today as it was 100 years ago. Of all the coins produced by the US Mint through its history, few are more popular than the Mercury Dime.
The Mercury Dime was produced and circulated during the first stages of the 20th century, and played a big role in the lives of Americans everywhere. These coins were not only popular then, they have remained popular amongst collectors who are constantly looking to get their hands on pieces of American coinage history.
This may not be news to many people, but coin collectors are known to be a meticulous bunch. Preferring only those coins that have been well-preserved over the years, collectors of coins pay close attention to the condition of every coin. The Mercury Dime is no exception to that, and though it is difficult to find in excellent condition, that much can definitely still be done.
Judging the condition of a coin is something known as grading, and is typically a process performed by a professional company. We know that not everyone has the time and/or money to send their coin(s) away for grading, so we have provided below a listing of the different coin grades and their associated characteristics.
Uncirculated: A Mercury Dime that has been graded as being Uncirculated is one that spent absolutely no time exchanging hands on the open market. Instead, these coins were kept away from sources of damage and wear, and appear today almost identical to the way they would have appeared in 1935. Dimes that have remained in this type of excellent condition are also those that investors are readily trying to get their hands on.
Extremely Fine: If a Mercury Dime is graded to be Extremely Fine, it is a coin that has spent only a small amount of time in circulating. These coins will show some light wear under close inspection, but will, for the most part, appear to be mostly pristine. Extremely Fine Mercury Dimes are no easy find, and the price tag generally proves this.
Fine: A coin that is graded to be Fine is one that spent a few years being circulated, but was taken out of circulation before too long. These coins will show plenty of wear, but the overall integrity of the imagery and text will have been preserved. The heaviest wear will almost always be present near or on the raised parts of the coin.
Good: A coin that is graded to be Good is one that saw more circulation than any other type of Mercury Dime. Thanks to all these years being exchanged on the open market, the Good Mercury Dimes will have plenty of scratching, chipping, and, on occasion, bending. While these coins are in somewhat poor shape, they are still sought after by collectors.
When it comes to Mercury Dimes, there are a few different factors that play into how much you will pay for one. First, because there were typically at least two of these coins produced annually, the type of Mercury Dime will be the first factor in determining price. The second factor will definitely be the condition which the coin is in. Coins in excellent condition sell for much more than those in poor condition, that much is an almost universal fact. The chart below will give you a better idea as to what you might pay for a graded 1935 Mercury Dime.
|1935 Mercury Dime||$2.25||$3||$3.25||$7|
|1935 Mercury Dime (D)||$2.25||$3||$8||$26|
|1935 Mercury Dime (S)||$2.25||$3||$5||$16||Source: Red Book|