The Complete Guide To The Value Of 1928 Mercury Dimes

How much is a 1928 Mercury dime worth?

The value of a 1928 Mercury dime depends on a number of factors, including its condition and rarity. However, even common 1928 Mercury dimes are worth at least a few dollars, and some rare varieties can be worth hundreds or even thousands of dollars.

The Mercury dime was designed by Adolph A. Weinman and minted from 1916 to 1945. The obverse of the coin features a portrait of Liberty wearing a winged Phrygian cap, while the reverse depicts a fasces (a bundle of rods tied together with an axe) surrounded by the words "Liberty" and "10 Cents".

Mercury dimes were struck at several different mints, including Philadelphia, Denver, and San Francisco. The mint mark is located on the reverse of the coin, below the date. Dimes minted in Philadelphia do not have a mint mark, while those minted in Denver have a "D" mint mark and those minted in San Francisco have an "S" mint mark.

The value of a 1928 Mercury dime can vary depending on the mint mark. Dimes minted in Philadelphia are the most common and are worth the least, while those minted in San Francisco are the rarest and are worth the most.

In addition to the mint mark, the condition of the coin also affects its value. Dimes that are in good condition are worth more than those that are damaged or worn. The Sheldon Coin Grading Scale is used to grade coins on a scale of 1 to 70, with 70 being the highest grade.

A 1928 Mercury dime in mint condition (MS-70) can be worth hundreds or even thousands of dollars. However, even a common 1928 Mercury dime in good condition (G-4) is worth at least a few dollars.

Value of 1928 Mercury Dime

The value of a 1928 Mercury dime is determined by several key aspects:

• Condition
• Mint mark
• Rarity
• Grade
• Year
• Errors
• Variety

The condition of the coin is one of the most important factors in determining its value. A coin that is in mint condition will be worth more than a coin that is damaged or worn. The mint mark also affects the value of the coin. Dimes that were minted in Philadelphia are the most common and are worth the least, while those that were minted in San Francisco are the rarest and are worth the most. The rarity of the coin is another important factor. Some 1928 Mercury dimes are more rare than others, and this can affect their value. The grade of the coin is also important. Coins that have been graded by a professional coin grading service will be worth more than coins that have not been graded.

In addition to these factors, the year of the coin and any errors or varieties can also affect its value. For example, 1928 Mercury dimes with the "D" mint mark are more valuable than those with the "S" mint mark. Additionally, 1928 Mercury dimes with errors, such as off-center strikes or doubled dies, can be worth more than coins that do not have errors.

By understanding the key aspects that determine the value of a 1928 Mercury dime, collectors can make informed decisions about which coins to buy and sell.

1. Condition

The condition of a coin is one of the most important factors in determining its value. This is especially true for rare coins, such as the 1928 Mercury dime. A coin that is in mint condition will be worth more than a coin that is damaged or worn.

• Uncirculated
  

  Uncirculated coins are coins that have never been in circulation. They are the most valuable type of coin and are often worth hundreds or even thousands of dollars.

• Extremely Fine
  

  Extremely Fine coins are coins that have been in circulation but show little to no wear. They are worth less than Uncirculated coins, but are still valuable.

• Fine
  

  Fine coins are coins that have been in circulation and show some wear. They are worth less than Extremely Fine coins, but are still worth more than coins in lower grades.

• Good
  

  Good coins are coins that have been in circulation and show significant wear. They are the least valuable type of coin, but are still worth more than their melt value.

When determining the condition of a coin, it is important to look at the following factors:

• Luster: Luster is the shine or brilliance of a coin. Coins with more luster are worth more than coins with less luster.
• Strike: The strike of a coin is the sharpness of the design. Coins with a strong strike are worth more than coins with a weak strike.
• Wear: Wear is the amount of damage that a coin has sustained. Coins with less wear are worth more than coins with more wear.

By understanding the condition of a coin, collectors can make informed decisions about which coins to buy and sell.

2. Mint mark

The mint mark is a small letter that appears on the reverse of a coin, indicating the mint at which it was struck. The mint mark is an important factor in determining the value of a coin, especially for rare coins such as the 1928 Mercury dime.

The 1928 Mercury dime was struck at three different mints: Philadelphia, Denver, and San Francisco. The mint mark for Philadelphia is omitted, while the mint mark for Denver is "D" and the mint mark for San Francisco is "S".

1928 Mercury dimes with the "D" mint mark are more valuable than those with the "S" mint mark. This is because the Denver mint struck fewer 1928 Mercury dimes than the San Francisco mint. As a result, 1928 Mercury dimes with the "D" mint mark are more rare and, therefore, more valuable.

The mint mark is an important factor to consider when buying or selling 1928 Mercury dimes. By understanding the different mint marks and their relative rarity, collectors can make informed decisions about which coins to buy and sell.

3. Rarity

Rarity is a key factor in determining the value of any coin, including the 1928 Mercury dime. The rarer a coin is, the more valuable it will be. This is because rare coins are more difficult to find and, therefore, more desirable to collectors.

• Mintage figures
  

  One of the most important factors in determining the rarity of a coin is its mintage figure. The mintage figure is the number of coins that were struck at a particular mint in a given year. The lower the mintage figure, the rarer the coin will be.

• Mint marks
  

  The mint mark is a small letter that appears on the reverse of a coin, indicating the mint at which it was struck. Some mint marks are more rare than others, and this can affect the value of the coin. For example, 1928 Mercury dimes with the "D" mint mark are more rare than those with the "S" mint mark, and are therefore more valuable.

• Errors and varieties
  

  Errors and varieties are coins that have been struck with errors or Abweichungen from the normal design. These coins can be very rare and valuable, depending on the nature of the error or variety.

• Condition
  

  The condition of a coin can also affect its rarity. Coins that are in mint condition are more rare and valuable than coins that are damaged or worn.

By understanding the factors that affect rarity, collectors can make informed decisions about which 1928 Mercury dimes to buy and sell. Rare coins can be a valuable investment, and they can also be a lot of fun to collect.

4. Grade

The grade of a coin is a measure of its condition. Coins are graded on a scale of 1 to 70, with 70 being the highest grade. The grade of a coin is determined by a number of factors, including the coin's luster, strike, and wear. Coins that are in mint condition will have a grade of 70, while coins that are damaged or worn will have a lower grade.

The grade of a coin is an important factor in determining its value. Coins that are in mint condition are worth more than coins that are damaged or worn. For example, a 1928 Mercury dime in mint condition can be worth hundreds or even thousands of dollars, while a 1928 Mercury dime in poor condition may be worth only a few dollars.

When buying or selling coins, it is important to understand the grading system. This will help you to make informed decisions about which coins to buy and sell. You can have your coins graded by a professional coin grading service, such as the Numismatic Guaranty Corporation (NGC) or the Professional Coin Grading Service (PCGS). These services will grade your coins and provide you with a certificate of authenticity.

By understanding the connection between grade and value, you can make informed decisions about which 1928 Mercury dimes to buy and sell. This will help you to build a valuable coin collection and maximize your profits.

5. Year

The year in which a coin was minted can have a significant impact on its value. This is especially true for rare coins, such as the 1928 Mercury dime. In general, older coins are more valuable than newer coins. This is because older coins are more rare and have had more time to appreciate in value.

The 1928 Mercury dime is a good example of how the year of mintage can affect a coin's value. The 1928 Mercury dime was the first year of issue for this popular coin. As a result, 1928 Mercury dimes are more rare and valuable than Mercury dimes from later years.

In addition to the year of mintage, the mint mark can also affect the value of a coin. The mint mark is a small letter that appears on the reverse of a coin, indicating the mint at which it was struck. For example, 1928 Mercury dimes with the "D" mint mark are more valuable than those with the "S" mint mark. This is because the Denver mint struck fewer 1928 Mercury dimes than the San Francisco mint.

By understanding the connection between the year of mintage and the value of a coin, collectors can make informed decisions about which coins to buy and sell. This can help collectors to build a valuable coin collection and maximize their profits.

6. Errors

Errors are deviations from the normal design or striking of a coin. They can occur for a variety of reasons, including die breaks, misaligned dies, and double strikes. Errors can add significant value to a coin, especially if they are rare.

• Die breaks
  

  Die breaks occur when a die cracks or breaks during the striking process. This can create a variety of errors, including cud errors, which are raised areas on the coin, and lamination errors, which are thin, flaky layers of metal on the coin.

• Misaligned dies
  

  Misaligned dies occur when the dies are not properly aligned during the striking process. This can create errors such as off-center strikes, which are coins that are not centered on the planchet, and double strikes, which are coins that have been struck twice by the dies.

• Double strikes
  

  Double strikes occur when a coin is struck twice by the dies. This can create errors such as doubled dies, which are coins that have two impressions of the same design, and repunched mint marks, which are coins that have two impressions of the mint mark.

• Other errors
  

  In addition to the errors listed above, there are a number of other errors that can occur on coins. These errors can include clipped planchets, which are coins that have been clipped or trimmed after they were struck, and broadstrikes, which are coins that have been struck on a planchet that is too large.

Errors can add significant value to a coin, especially if they are rare. For example, a 1928 Mercury dime with a die break can be worth hundreds or even thousands of dollars, depending on the severity of the error. However, it is important to note that not all errors are valuable. Some errors are common and do not add any value to a coin. It is important to do your research before buying or selling a coin with an error to make sure that it is a valuable error.

7. Variety

The variety of a coin refers to the specific design or type of coin. This can include the coin's denomination, metal composition, and design elements. The variety of a coin can have a significant impact on its value.

• Design
  

  The design of a coin can have a significant impact on its value. For example, the 1928 Mercury dime was designed by Adolph A. Weinman and features a portrait of Liberty wearing a winged Phrygian cap on the obverse and a fasces surrounded by the words "Liberty" and "10 Cents" on the reverse. This design is considered to be one of the most beautiful and iconic coin designs in American history, and it has helped to make the 1928 Mercury dime one of the most popular and valuable coins among collectors.

• Metal Composition
  

  The metal composition of a coin can also affect its value. For example, the 1928 Mercury dime was struck in 90% silver. This makes it more valuable than a coin that was struck in a less valuable metal, such as copper or nickel.

• Mint Mark
  

  The mint mark of a coin indicates the mint at which it was struck. The 1928 Mercury dime was struck at three different mints: Philadelphia, Denver, and San Francisco. The mint mark can affect the value of a coin, with coins from certain mints being more valuable than coins from other mints. For example, 1928 Mercury dimes with the "D" mint mark are more valuable than those with the "S" mint mark.

• Errors and Varieties
  

  Errors and varieties are coins that have been struck with errors or Abweichungen from the normal design. These coins can be very rare and valuable, depending on the nature of the error or variety. For example, the 1928 Mercury dime with the "D" mint mark over the "S" mint mark is a rare variety that is worth a significant premium over the regular 1928 Mercury dime.

By understanding the variety of a coin, collectors can make informed decisions about which coins to buy and sell. This can help collectors to build a valuable coin collection and maximize their profits.

FAQs about the value of 1928 Mercury dimes

Here are some frequently asked questions about the value of 1928 Mercury dimes:

Question 1: How much is a 1928 Mercury dime worth?

Answer: The value of a 1928 Mercury dime depends on a number of factors, including its condition, rarity, and grade. However, even common 1928 Mercury dimes are worth at least a few dollars, and some rare varieties can be worth hundreds or even thousands of dollars.

Question 2: What factors affect the value of a 1928 Mercury dime?

Answer: The following factors can affect the value of a 1928 Mercury dime:

• Condition
• Rarity
• Grade
• Year
• Mint mark
• Errors and varieties

Question 3: Are 1928 Mercury dimes rare?

Answer: The 1928 Mercury dime is not a particularly rare coin. However, some varieties of the 1928 Mercury dime are rare and can be worth a significant premium over the regular 1928 Mercury dime.

Question 4: How can I tell if my 1928 Mercury dime is valuable?

Answer: There are a few ways to tell if your 1928 Mercury dime is valuable:

• Check the condition of the coin. Coins in mint condition are more valuable than coins that are damaged or worn.
• Look for errors or varieties. Errors and varieties can add significant value to a coin.
• Check the mint mark. Some mint marks are more rare than others, and this can affect the value of the coin.
• Have the coin graded by a professional coin grading service. This will give you a more accurate assessment of the coin's value.

Question 5: Where can I sell my 1928 Mercury dime?

Answer: You can sell your 1928 Mercury dime to a coin dealer, at a coin show, or online. It is important to do your research to get the best price for your coin.

We hope these FAQs have been helpful. If you have any other questions about the value of 1928 Mercury dimes, please feel free to contact us.

Conclusion

In this article, we have explored the various factors that can affect the value of a 1928 Mercury dime. We have discussed the importance of condition, rarity, grade, year, mint mark, errors, and variety. By understanding these factors, collectors can make informed decisions about which 1928 Mercury dimes to buy and sell.

1928 Mercury dimes are a popular and valuable coin among collectors. They are a beautiful and iconic design, and they are a reminder of a bygone era. Whether you are a seasoned collector or just starting out, we encourage you to learn more about 1928 Mercury dimes. They are a fascinating and rewarding coin to collect.