The 1918 Mercury Dime is a cherished piece among numismatists and coin collectors. This dime, officially known as the Winged Liberty Head dime, is often referred to as the Mercury Dime due to the obverse design’s resemblance to the Roman god Mercury. In this article, we’ll delve into the details of the 1918 Mercury Dime, covering its design, minting information, rarity, and value range. Whether you’re a seasoned collector or a novice investor, understanding the nuances of this coin can enhance your collection and investment strategy.
Key Highlights
- Designed by Adolph A. Weinman, the Mercury Dime features a unique and artistic design on both the obverse and reverse.
- The 1918 Mercury Dime was minted in three locations: Philadelphia, Denver, and San Francisco.
- Notably rare error coins from this year can significantly increase the value of a collection.
Design of the 1918 Mercury Dime
The 1918 Mercury Dime was designed by the renowned sculptor Adolph A. Weinman. The obverse of the coin features the bust of Liberty with a winged cap, symbolizing freedom of thought. The reverse side depicts a fasces, symbolizing unity and strength, and an olive branch, denoting peace. The elegant and intricate design has made the Mercury Dime one of the most appreciated coins in American numismatic history.
Minting Information
The 1918 Mercury Dime was produced in three mints across the United States:
- Philadelphia (no mint mark): 26,680,000 minted
- Denver (D mint mark): 22,674,800 minted
- San Francisco (S mint mark): 19,300,000 minted
Each mint mark can be found on the reverse of the coin, near the bottom left.
Notable Error Coins
Error coins can be a fascinating aspect of coin collecting, often fetching higher values due to their rarity. The 1918 Mercury Dime features a notable overdate error:
| Mint Mark | Description of Error | Value Range |
|---|---|---|
| D | 1918/7-D Overdate | $5,000 – $100,000+ |
The 1918/7-D Overdate is particularly sought after due to the misplacement of the date, which was struck over a 1917 die.
Value Range by Mint Mark and Condition
The value of a 1918 Mercury Dime can vary greatly depending on its mint mark and condition. Below is a table illustrating the value range for these coins:
| Mint Mark | Condition | Value Range |
|---|---|---|
| P | Good (G) to Fine (F) | $3 – $7 |
| P | Very Fine (VF) to Extremely Fine (XF) | $10 – $25 |
| P | About Uncirculated (AU) to Mint State (MS) | $40 – $150 |
| D | Good (G) to Fine (F) | $5 – $15 |
| D | Very Fine (VF) to Extremely Fine (XF) | $20 – $50 |
| D | About Uncirculated (AU) to Mint State (MS) | $100 – $400 |
| S | Good (G) to Fine (F) | $8 – $20 |
| S | Very Fine (VF) to Extremely Fine (XF) | $30 – $70 |
| S | About Uncirculated (AU) to Mint State (MS) | $120 – $600 |
Conclusion
The 1918 Mercury Dime remains a significant piece for collectors and investors alike, with its historical relevance and unique design. Whether you’re looking to add a piece of history to your collection or seeking a sound investment, understanding the value and rarity of these dimes is essential. Keep an eye out for rare error coins like the 1918/7-D Overdate, which can elevate the value of your collection significantly. With careful consideration and research, the 1918 Mercury Dime can be a valuable addition to any numismatic portfolio.