Coinflation: Silver Mercury dime intrinsic value and coin price
 
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1916-1945 Mercury Silver Dime Melt Value

1916 - 1945 Mercury Silver Dime Value (United States)

U.S. MINT SPECIFICATIONS
Denomination:$0.10
Obverse Image:Winged Liberty Head
Reverse Image:Roman fasces, a bundle of rods, the center rod being an ax.
Metal Composition:90% silver, 10% copper
Total Weight:2.5 grams
Comments:The term 'dime' comes from the French word disme, meaning "tithe" or "tenth part."



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CALCULATING TODAY'S MELT VALUE (USD)
Using the latest metal prices and the specifications above, these are the numbers required to calculate melt value:
 
 $17.35  =silver price / ounce on Mar 09, 2010.
.90  =silver %
 $3.3861  =copper price / pound on Mar 09, 2010.
.10  =copper %
2.5  =total weight in grams
.0321507466  =ounce/gram conversion factor
.00220462262  =pound/gram conversion factor (see note directly below)


The NYMEX uses pounds to price copper and that means we need to multiply the metal price by .00220462262 to make the conversion to grams. The silver price is based in troy ounces and that means we need to multiply the metal price by .0321507466 to make the conversion to grams.



1. Calculate 90% silver value :

    (17.35 × .0321507466 × 2.5 × .90)  =  $1.2550847703


$1.2550 is the rounded silver value for the 1916-1945 Mercury silver dime on March 09, 2010. This is usually the value used by coin dealers when selling these coins at melt value. However, the total melt value is continued below.



2. Calculate 10% copper value :

    (3.3861 × .00220462262 × 2.5 × .10)  =  $0.0018661


3. Add the two together :

    $1.2550847703 + $0.0018661 = $1.2569508703




$1.2569508703 is the total melt value for the 1916-1945 Mercury silver dime on March 09, 2010.



  ← Calculate coin worth using your own quantity and silver price values.


MINTAGE AND COLLECTIBLE VALUE (USD)
The "Year" column lists the year and mint mark on the coin -- D is for Denver, S is for San Francisco, and P is for Philadelphia. A coin without a mint mark means it was also minted in Philadelphia. The "Mintage" column is the number of coins struck and released by the U.S. Mint. The "Numismatic Value Range" column represents what people typically pay for that type of coin (usually a very wide price range depending on the condition).

YearMintageNumismatic Value Range
19211,230,000$35.00 - $1575.00
1921 D1,080,000$55.00 - $1750.00

If you think a coin should be added/subtracted, please send an email.
If you're interested in learning more about grading coins, Photograde is an excellent resource.


EBAY AUCTIONS - SILVER MERCURY DIMES ONLY
I believe that the old saying, "A coin is only worth what someone will pay for it," is absolutely true. I prefer eBay because it displays what people are actually paying for coins. Monthly coin price magazines and online price lists may not reflect current market conditions because they don't demonstrate what people are actually willing to pay.

View all silver Mercury Dime auctions or those with the least time left (below).



CHARTS
Long-term metal price charts for the silver Mercury dime:

     [Most Recent Quotes from www.kitco.com]      [Most Recent Quotes from www.kitco.com]






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