1937-S Mercury Dime Value
Depending on how well it survived, a 1937-S Mercury Dime brings anywhere from $2.70 to $26.50, and its metal content alone is worth $2.64 as of 2026-06-01 Exceptional, certified pieces regularly exceed the top of that range.
1937-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 2026-06-13. Estimates are modeled from mintage rarity and metal content, not auction records. Actual sale prices vary with certification, eye appeal and market timing.
How much is a 1937-S Mercury Dime worth 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 1937-S Mercury Dime can differ in price by an order of magnitude based purely on preservation.
1937-S Mercury Dime specifications
- Series
- Mercury Dime
- Year
- 1937
- Mint mark
- S
- Mintage
- 9,740,000
- 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).
Where is the mint mark on a 1937 Mercury Dime?
On a 1937-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 1937-S Mercury Dime valuable
At 9,740,000 struck, scarcity is not the story here. Condition is: well-preserved examples with original luster stand far above the worn majority.
Every 1937-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 1937-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 1937-S Mercury Dime is valued between $2.70 and $26.50 as of 2026-06-13. Estimates combine mintage rarity, key-date status and metal content; they are editorial guidance, not an offer to buy.