1923 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
$1,087 MS67 05-25-2023 Legend Rare Coin Auctions
Description
The 1923 Mercury Dime is a dime produced at the Philadelphia Mint as part of the Mercury Dimes 1916-1945 series. The U.S. Mint produced 50.1 million examples, making this the higher-mintage of the two mint variants, representing 89% 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. Minted during and after World War I, as America emerged as a global power and experienced the prosperity of the Roaring Twenties. Struck at the original U.S. Mint facility, in continuous operation since 1792. Estimated market value ranges from $8 to $167 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 #4938.
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