The 1923 Mercury dimes have value as both numismatic coins and as silver bullion. Keep reading to learn more about these silver coins.
Specifications
Type: Mercury Dime
Year: 1923
Face Value: $0.10
Composition: 90% silver, 10% copper
Silver Weight: .07234 oz.
Total Weight: 2.5 grams
Current Silver Bullion Value: $2.27
Mercury dimes are also known as Winged Liberty Head dimes. The US minted the 1923 dime with no mint mark and also the 1923 S dime. The mint mark, when present, can be found on the reverse side of the coin.
| Series | Location | Quantity Minted |
|---|---|---|
| 1923 | Philadelphia | 50,130,000 |
| 1923 S | San Francisco | 6,440,000 |
Value
This coin in circulated condition is worth at least its weight in silver. The silver melt value for this coin is $2.27. This melt value is calculated from the current silver spot price of $31.34 per ounce.
The 1923 dime with no mint mark is worth around $3.50 in good condition. In very fine condition the value is around $6. In extremely fine condition the value is around $8. In uncirculated condition the price is around $32 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $135.
The 1923 S dime is worth around $3.50 in good condition. In very fine condition the value is around $20. In extremely fine condition the value is around $75. In uncirculated condition the price is around $225 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $1,250.
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Grading System
Good- The date and the letters are clear. The bands and lines in the fasces have been completely worn away.
Very fine- Each of the diagonal bands are completely visible.
Extremely fine- There is only a small amount of wear on the diagonal bands. Liberty's braids and the hair before her ear are completely visible.
MS 60 uncirculated- There are no signs of wear. The coin has luster, but there may be a few stains, abrasions, or surface marks.
MS 65 gem uncirculated- There is strong luster and eye appeal. A few light contact marks may be present but they are barely noticeable.
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