CoinValue

1938 S Mercury Dime

1938 | S | Mintage: 8,090,000 | 90% Silver, 10% Copper
$4 – $470
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Obverse of Mercury Dime showing Winged Liberty Head (often called Mercury)

Obverse

Reverse of Mercury Dime

Reverse

The 1938 S Mercury Dime was minted at the San Francisco Mint with a mintage of 8,090,000. Values range from $4 in lower grades to $470 in top condition.

CoinValueDB Value Estimate

$0.82 – $3,150

Based on 2 recent sales

Price History

SoldHigh BidFor SaleLast Asking PriceMoving Average
Avg: $289 High: $3,150 Low: $0.82 2 sales 19 total data points

Recent eBay Sales

CoinValueDB Price Guide by Grade

CoinValueDB Price Guide by Grade
GradeValue
Good (G-4)$32
Very Good (VG-8)$5
Fine (F-12)$65
Very Fine (VF-20)$7
Extremely Fine (EF-40)$102
About Uncirculated (AU-50)$12
Mint State (MS-60)$227
Choice Mint State (MS-63)$429
Near Gem (MS-64)$1,607
Gem Mint State (MS-65)$72
Superb Gem+ (MS-67)$470

About the Mercury Dime

The Mercury Dime series ran from 1916 to 1945. Adolph A. Weinman designed the coin after winning a 1915 competition held by the Commission of Fine Arts. The obverse features Liberty wearing a winged Phrygian cap, which led the public to mistake her for the Roman god Mercury. The reverse depicts a fasces, a bundle of rods with an axe, meant to symbolize unity and strength. Weinman chose the winged cap to represent freedom of thought. The Mint replaced the Barber dime with this design to modernize American coinage. The series ended in 1945 when the Mint introduced the Roosevelt dime to honor the late president. You hold a piece of history that circulated through two World Wars and the Great Depression.

Coin Details

Designer
Adolph A. Weinman
Composition
90% Silver, 10% Copper
Weight
2.5
Diameter
17.91
Edge
Reeded
Series
Mercury Dime (1916-1945)

Collecting Mercury Dime Coins

Start your collection with common dates from the 1940s, as these are affordable and easy to find in decent condition. Look for full horizontal lines on the fasces, known as Full Bands, because these command higher prices. Avoid coins with heavy scratches or harsh cleanings. Be wary of the 1916-D dime, as counterfeiters often add a D mint mark to common 1916 Philadelphia coins. Use a magnifying glass to check the mint mark for signs of tooling or uneven placement.

This series includes key dates — check individual coin pages for rarity details.

Frequently Asked Questions

What is a 1938 S Mercury Dime worth? +
A 1938 S Mercury Dime is worth between $4 and $470 depending on condition. Coins in higher grades (MS-65 and above) command significant premiums.
How many 1938 Mercury Dime coins were made? +
The San Francisco Mint produced 8,090,000 1938 Mercury Dime coins. Lower mintage numbers generally correlate with higher collector value.
Is the 1938 S Mercury Dime a key date? +
The 1938 S Mercury Dime is not considered a key date or semi-key date. However, condition is always important. A common-date coin in exceptional condition can still be quite valuable.
How much is a 1938-S Mercury Dime worth? +
In circulated condition, this coin typically sells for $3 to $10 based on its silver content and wear. Uncirculated examples in MS-63 grade often trade for $40 to $75, while top-tier specimens in MS-65 condition can reach $150 or more.
Is the 1938-S Mercury Dime rare? +
The 1938-S is not considered rare, as 8,090,000 coins were minted. It is a common date for the series, though it remains more difficult to locate in pristine condition compared to dimes minted in Philadelphia that same year.

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