1928 Mercury Dime Value
Today a 1928 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 Exceptional, certified pieces regularly exceed the top of that range.
1928 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 the 1928 Mercury Dime selling for today?
At the entry level, well-worn examples bring about $2.70. The same coin in gem uncirculated condition is a $26.50 coin. Grade is everything: two examples of the 1928 Mercury Dime can differ in price by an order of magnitude based purely on preservation.
1928 Mercury Dime specifications
- Series
- Mercury Dime
- Year
- 1928
- Mint mark
- None (Philadelphia)
- Mintage
- 19,480,000
- 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
Philadelphia struck the 1928 Mercury Dime, and Philadelphia coins of this period carry no mint mark at all. An empty space at the usual mint mark position (On the reverse, to the right of the fasces base, left of the E in ONE) confirms a Philadelphia strike, not a flaw.
What makes the 1928 Mercury Dime valuable
The generous mintage of 19,480,000 keeps this date affordable. That availability is an asset for collectors: it is the textbook choice for owning the Mercury Dime design without a key-date price tag.
Every 1928 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 Mercury Dime. The 1921 and 1921-D are strong semi-keys from the postwar coinage slump, and the 1942/1 overdates are dramatic die-error rarities. 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 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.