1916 Mercury Dime Value
Expect a 1916 Mercury Dime to trade between about $2.70 and $26.50, driven almost entirely by grade, and its metal content alone is worth $2.64 as of 2026-06-01 The figures below break the range down grade by grade.
1916 Mercury Dime value by grade
| Grade | Estimated value |
|---|---|
| Melt value floor(metal content, 2026-06-01) | $2.64 |
| Good (G-4) | $2.70 to $3.55 |
| Very Good (VG-8) | $2.70 to $3.70 |
| Fine (F-12) | $2.70 to $3.90 |
| Very Fine (VF-20) | $2.85 to $4.20 |
| Extremely Fine (XF-40) | $3.25 to $4.80 |
| About Uncirculated (AU-50) | $3.95 to $5.80 |
| Mint State (MS-60) | $4.95 to $7.25 |
| Choice Unc (MS-63) | $6.75 to $9.90 |
| Gem Unc (MS-65) | $18.00 to $26.50 |
Estimated retail range, updated 2026-06-15. Estimates are modeled from mintage rarity and metal content, not auction records. Actual sale prices vary with certification, eye appeal and market timing.
Current 1916 Mercury Dime value
In worn but collectible condition (Good-4), a 1916 Mercury Dime starts around $2.70. From there, value climbs with every grade step: a gem Mint State example (MS-65) can reach $26.50. Most coins found in old collections fall somewhere between Very Fine and About Uncirculated, the middle rows of the table above.
1916 Mercury Dime specifications
- Series
- Mercury Dime
- Year
- 1916
- Mint mark
- None (Philadelphia)
- Mintage
- 22,180,080
- Composition
- 90% silver, 10% copper
- Weight
- 2.5 g
- Diameter
- 17.9 mm
- Edge
- Reeded
- Designer
- Adolph A. Weinman
- Silver content
- 0.07234 troy oz
Mintage figure: US Mint reports (approximate).
Reading a coin with no mint mark
Look for a letter and you will not find one. The 1916 Mercury Dime is a Philadelphia product, and the main mint did not sign its work at this time. On branch-mint examples the mark sits on the reverse, to the right of the fasces base, left of the E in ONE.
What makes the 1916 Mercury Dime valuable
Every 1916 Mercury Dime contains 0.0723 troy ounces of pure silver, currently worth $2.64. That intrinsic value is a hard floor under the price: no matter how worn the coin, the silver inside cannot be graded away.
22,180,080 pieces left the presses, so survivors remain plentiful. Pricing tracks bullion and grade, with gems carrying the only substantial premiums.
Context adds the final layer to the 1916 Mercury Dime. The 1916-D, with just 264,000 pieces struck in Denver before dime production shifted to quarters, is the key that defines the series; even heavily worn examples command four figures. Owning this date means owning a piece of that story, and demand for the series as a whole sustains liquidity for every issue in it.
Summary: the 1916 Mercury Dime is valued between $2.70 and $26.50 as of 2026-06-15. Estimates combine mintage rarity, key-date status and metal content; they are editorial guidance, not an offer to buy.