The 1926-S Mercury Dime is one of the rarest coins produced by the U.S. Mint, especially from the San Francisco branch. Known for its scarcity and historical significance, it is a highly valued piece among coin collectors. In this article, we will explore what makes this dime so special, its unique features, and why collectors are eager to own one.
What is the 1926-S Mercury Dime?
The Mercury Dime, also called the Winged Liberty Head Dime, was minted from 1916 to 1945. Designed by Adolph A. Weinman, the dime features Lady Liberty wearing a winged cap, symbolizing freedom of thought. The reverse side shows a fasces (a bundle of sticks with an axe), symbolizing strength and unity. The 1926-S version, minted in San Francisco, stands out due to its low mintage and rarity.
Key Features of the 1926-S Mercury Dime
- Design: Lady Liberty with a winged cap on the obverse, and a fasces with an olive branch on the reverse.
- Composition: 90% silver, 10% copper.
- Size: Weighs about 2.5 grams with a diameter of 17.9 mm.
- Mint Mark: “S” for San Francisco, located to the right of the fasces on the reverse side.
Why is the 1926-S Mercury Dime So Valuable?
The 1926-S Mercury Dime is considered valuable due to its rarity and historical significance. Let’s take a look at why this particular coin is so highly prized.
1. Low Mintage
In 1926, only about 1.5 million Mercury Dimes were produced at the San Francisco Mint, making this a very low mintage compared to other years. This scarcity has led to high demand among collectors.
2. High Demand Among Collectors
Due to its low mintage and rarity, the 1926-S Mercury Dime is in high demand. Collectors who aim to complete their Mercury Dime series consider this coin a key date, making it essential for any serious collection.
3. Historical Importance
This coin was minted during a time of economic change and development in the United States. Coins from this period carry significant historical value, adding to their desirability.
Identifying the 1926-S Mercury Dime
To ensure you have an authentic 1926-S Mercury Dime, you should check for these key features:
- Date: The year “1926” should be clearly visible on the obverse side of the coin.
- Mint Mark: Look for the “S” mint mark, indicating it was produced in San Francisco, located to the right of the fasces on the reverse side.
- Condition: The condition of the coin greatly affects its value. Well-preserved examples are worth significantly more than worn coins.
Value of the 1926-S Mercury Dime
The value of a 1926-S Mercury Dime depends heavily on its condition. Below is a table showing estimated values for different grades:
| Condition | Estimated Value |
|---|---|
| Good (G) | $20 – $50 |
| Fine (F) | $100 – $200 |
| Extremely Fine (EF) | $300 – $600 |
| Uncirculated (MS) | $1,000 – $5,000+ |
Conclusion
The 1926-S Mercury Dime is a remarkable piece of U.S. coinage history. With its low mintage, high demand, and historical significance, it is a prized coin for collectors. Whether you’re a seasoned collector or just starting out, adding this coin to your collection is a great way to own a rare and valuable treasure from the past.
FAQ’s
1. Why is the 1926-S Mercury Dime so rare?
The 1926-S Mercury Dime is rare because only 1.5 million were minted, making it one of the lower production years in the series.
2. How much is the 1926-S Mercury Dime worth?
The value can range from $20 in poor condition to over $5,000 in mint condition.
3. What does the “S” on the Mercury Dime stand for?
The “S” mint mark represents the San Francisco Mint, where the coin was produced.
4. How can I tell if my 1926-S Mercury Dime is real?
Check the coin’s date (1926) and mint mark (S) on the reverse. The coin’s condition and specific design features will also help determine its authenticity.