1923 Mercury Dime Value
A 1923 Mercury Dime is worth roughly $2.70 to $26.50 depending on its condition, and its metal content alone is worth $2.64 as of 2026-06-01 Exceptional, certified pieces regularly exceed the top of that range.
1923 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.
What is a 1923 Mercury Dime worth right now?
Start with $2.70 for a heavily circulated 1923 Mercury Dime and work upward. Lightly circulated 1923 examples occupy the middle of the range, while true gems approach $26.50. If your coin has no wear on the high points, it deserves a closer look or a professional opinion.
1923 Mercury Dime specifications
- Series
- Mercury Dime
- Year
- 1923
- Mint mark
- None (Philadelphia)
- Mintage
- 50,130,000
- 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).
Why this coin has no mint mark
The 1923 Mercury Dime was struck at the Philadelphia Mint, which used no mint mark in this era. If you find no letter where branch-mint coins carry one (On the reverse, to the right of the fasces base, left of the E in ONE), you are holding a Philadelphia issue.
What makes the 1923 Mercury Dime valuable
Every 1923 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.
With 50,130,000 struck, the 1923 Mercury Dime is one of the more available dates of its series. Its value rests on metal content and condition rather than absolute rarity, which makes it an ideal type coin.
Context adds the final layer to the 1923 Mercury Dime. Grading centers on the reverse bands binding the fasces: coins with Full Bands, complete horizontal separation, can be worth multiples of ordinary Mint State pieces, especially for branch-mint dates of the 1920s. 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 1923 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.