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1937 Mercury Dime

Strike Type
1937 Mercury Dime

Coin Details

Year
1937
Denomination
Dime
Mint Mark
P
Strike Type
Regular Strike
Series
Mercury Dimes 1916-1945
Designer
Adolph Alexander Weinman
Mintage
56,860,000
Composition
90% Silver, 10% Copper
Weight
2.5g
Diameter
17.9mm
Edge
Reeded

Value Estimates

$6.77 - $42

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

$1,800 MS64 10-18-2020 Heritage Auctions

Description

The 1937 Mercury Dime is a dime produced at the Philadelphia Mint as part of the Mercury Dimes 1916-1945 series. The U.S. Mint produced 56.9 million examples, making this the highest mintage among 3 variants, accounting for 70% of the year's 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 original U.S. Mint facility, in continuous operation since 1792. Estimated market value ranges from $7 to $42 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 #5004.

External References

Error Varieties(18)

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