1937 (D) Mercury Dime
Strike Type
Coin Details
Value Estimates
Values as of May 2026 — estimates reflect typical grades (G-4 through MS-63). Coins in lower or exceptional grades may fall outside this range.
Auction Record
$1,725 MS68 02-01-2007 Heritage Auctions
Description
The 1937 (D) Mercury Dime is a dime produced at the Denver Mint as part of the Mercury Dimes 1916-1945 series. With a mintage of 14.1 million, this is a less common issue — ranked 2nd of 3 mint variants by mintage, with 18% of production. The obverse features young Liberty wearing a winged Phrygian cap, symbolizing freedom of thought — often called the "Mercury" dime despite not depicting the Roman god and the reverse displays a Roman fasces — a bundle of rods with an axe — entwined with an olive branch, symbolizing strength through unity tempered by peace. Struck during the Great Depression, when mintages dropped sharply and the United States abandoned the gold standard in 1933. Struck at the Denver Mint, established in 1906 from an earlier assay office that processed Colorado gold rush metal. Estimated market value ranges from $7 to $61 depending on grade and condition. Struck in 90% silver, 10% copper, weighing 2.5 grams, 17.9 mm in diameter, with a reeded edge. Cataloged as PCGS #5006.
