Price Guide for 1923 Dime Variants
This guide presents price ranges for variants from three sources: eBay sales, third-party auctions, and PCGS guides. Values are shown for various conditions, allowing collectors to compare across different market segments. Price estimates may vary between sources, especially for rarer variants.
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3rd Party PriceCirculated: $6.00 – $62.00Uncirculated: $2.10 – $1,086.88
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eBayCirculated: $9.99 – $74.00Uncirculated: $13.55 – $920.00
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PCGS Price GuideCirculated: $4.00 – $52.00Uncirculated: $55.00 – $1,300.00
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3rd Party PriceCirculated: $6.00 – $391.00Uncirculated: $3.65 – $4,313.00
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eBayCirculated: $12.50 – $249.99Uncirculated: $149.99 – $1,726.00
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PCGS Price GuideCirculated: $5.00 – $300.00Uncirculated: $325.00 – $4,500.00
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3rd Party PriceCirculated: $28.00 – $440.00Uncirculated: $3.00 – $47,000.00
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eBayCirculated: $21.50Uncirculated: $25.00 – $1,749.00
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PCGS Price GuideUncirculated: $60.00 – $50,000.00
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3rd Party PriceCirculated: $99.00 – $282.00Uncirculated: $4.75 – $105,750.00
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eBayCirculated: $40.00Uncirculated: $456.20 – $3,875.00
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PCGS Price GuideCirculated: $200.00 – $375.00Uncirculated: $525.00 – $110,000.00
Design and Specifications of the 1923 Dime
The 1923 Mercury Dime is part of the Mercury Dime series, which was minted from 1916 to 1945. This coin features Adolph A. Weinman’s iconic design, often considered one of the most beautiful in American coinage. The obverse depicts Liberty wearing a winged cap, symbolizing freedom of thought, while the reverse showcases a fasces representing unity and strength, with an olive branch signifying peace.
| Weight | 2.5 grams |
|---|---|
| Diameter | 17.9 mm |
| Mint Marks | P (Philadelphia, no mint mark), D (Denver), S (San Francisco) |
| Composition | 90% silver, 10% copper |
| Obverse Design | Winged Liberty Head (Mercury), designed by Adolph A. Weinman |
| Reverse Design | Fasces with olive branch, designed by Adolph A. Weinman |
Rarity Factors and Value Drivers
The condition of a 1923 Mercury Dime significantly impacts its value. Coins in uncirculated condition (MS60 and above) command substantial premiums, especially for the Denver and San Francisco issues. Key areas to examine include:
1. Full Bands (FB): The presence of fully separated bands on the fasces on the reverse greatly increases value.
2. Strike Quality: Well-struck coins with sharp details are more desirable.
3. Luster: Original mint luster adds to the coin’s appeal and value.
4. Surface Preservation: Minimal contact marks or blemishes are crucial for higher grades.
Mintage: 50,130,000
Rarity Scale: Common
Circulation Status: Widely Circulated
Preservation Rarity: Common in grades up to MS65, scarce in MS66 and above
Varieties Errors: None significant
Market Demand: Moderate, popular among collectors of the Mercury Dime series
Mintage: 6,810,000
Rarity Scale: Uncommon
Circulation Status: Moderate Circulation
Preservation Rarity: Scarce in grades MS65 and above
Varieties Errors: None significant
Market Demand: High, due to lower mintage compared to Philadelphia
Mintage: 6,440,000
Rarity Scale: Uncommon
Circulation Status: Moderate Circulation
Preservation Rarity: Scarce in grades MS65 and above
Varieties Errors: None significant
Market Demand: High, due to lower mintage compared to Philadelphia
Toning can significantly affect a 1923 Mercury Dime’s value. Natural, attractive toning can enhance desirability, while unattractive or artificial toning can decrease value.
Die state can also impact value, with early die state coins often showing sharper details. Additionally, any mint errors, though rare for this year, could substantially increase a coin’s value.
The historical significance of the Mercury Dime design and its popularity among collectors contribute to the overall demand and value of the 1923 issues.
