1928-S Mercury Dime Value
Today a 1928-S Mercury Dime typically sells for $2.70 to $26.50, with condition doing most of the work, and its metal content alone is worth $2.64 as of 2026-06-01 Certified examples in top grades can run far higher.
1928-S 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 1928-S Mercury Dime worth right now?
In worn but collectible condition (Good-4), a 1928-S 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.
1928-S Mercury Dime specifications
- Series
- Mercury Dime
- Year
- 1928
- Mint mark
- S
- Mintage
- 7,400,000
- 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).
How to find the S mint mark
On a 1928-S Mercury Dime, the "S" mint mark of the San Francisco Mint sits on the reverse, to the right of the fasces base, left of the E in ONE. A loupe helps: on worn examples the letter can fade into the surrounding devices.
What makes the 1928-S Mercury Dime valuable
7,400,000 pieces left the presses, so survivors remain plentiful. Pricing tracks bullion and grade, with gems carrying the only substantial premiums.
Every 1928-S 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.
Context adds the final layer to the 1928-S Mercury Dime. Adolph Weinman's Winged Liberty dime earned its enduring nickname from the public, who mistook Liberty's winged cap, symbolizing freedom of thought, for the Roman god Mercury. 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 1928-S 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.