

United States Dimes
Mercury • Roosevelt • Barber • Early Dimes • Key Dates
A Brief History of America's Smallest Silver Coin
From the Coinage Act of 1792 to Today
The United States dime, authorized by the Coinage Act of 1792, has played a steady role in American commerce for more than two centuries. Early designs such as the Flowing Hair, Draped Bust, and Capped Bust dimes reflected the artistic tastes of the young nation. The long-running Seated Liberty series followed from 1837 to 1891, paving the way for the Barber dime, the beloved Mercury dime, and eventually the modern Roosevelt dime introduced in 1946 — now the longest-running design in the denomination's history.
Dime collecting offers opportunities for beginners and seasoned numismatists alike. Values are influenced by rarity, condition, and mint mark. Key dates such as the 1916-D Mercury dime can command enormous premiums, while common-date Roosevelt dimes remain accessible entry points for new collectors. Though small in size, the dime carries a rich legacy of history, design, and numismatic appeal.
Design Evolution of the United States Dime
Two Centuries of Liberty, Portraiture & Symbolism
The dime's story begins with the elegant Draped Bust design (1796–1807), followed by the Capped Bust series (1809–1837), both featuring Liberty paired with variations of the American eagle. The long-running Seated Liberty dime (1837–1891) reimagined Liberty seated on a rock, becoming one of the most iconic 19th-century designs. In 1892 the Barber dime introduced a dignified classical portrait, which remained in circulation until 1916.
It was succeeded by the celebrated Winged Liberty Head — or "Mercury" — dime (1916–1945), admired for its artistic imagery: Liberty wearing a winged cap symbolizing freedom of thought, and a fasces on the reverse representing unity and strength. In 1946, the Roosevelt dime honored President Franklin D. Roosevelt shortly after his passing. Designed by John R. Sinnock, it features Roosevelt's profile and a torch flanked by an olive branch and oak branch — symbolizing liberty, peace, and strength — and remains in production today.
Key Dates & Value Overview
Most Valuable U.S. Dimes by Series
| Coin | Series | Key Facts | Value Range |
|---|---|---|---|
| 1894-S Barber Dime | Barber | 24 struck, ~9 known | $1,000,000 – $2,000,000+ |
| 1873-CC No Arrows Seated Liberty | Seated Liberty | One known business strike | $1,000,000+ |
| 1916-D Mercury Dime | Mercury | 264,000 mintage | $1,000 – $150,000+ |
| 1942/1 Mercury Overdate | Mercury | Philadelphia & Denver varieties | $500 – $50,000+ |
| 1968 No-S Proof Roosevelt | Roosevelt | Fewer than 10 known | $10,000 – $50,000+ |
| 1901-S Barber Dime | Barber | 593,022 mintage | $100 – $50,000+ |
| 1921 Mercury Dime | Mercury | 1.23 million mintage | $100 – $30,000+ |
| 1796 Draped Bust Dime | Early Dimes | 22,135 mintage — first year | $2,000 – $100,000+ |
Series Overview
Every U.S. Dime Type at a Glance
Mercury Dimes
1916–1945. Winged Liberty Head design. 90% silver. The 1916-D is the key date; Full Split Bands designation drives premium values.
Roosevelt Dimes
1946–present. 90% silver through 1964; clad from 1965. Longest-running dime series. Error coins and key dates found throughout.
Barber Dimes
1892–1916. Classic Liberty Head by Charles Barber. The 1894-S is one of America's rarest coins — only ~9 known examples survive.
Seated Liberty Dimes
1837–1891. Multiple types across 54 years. Carson City issues are extreme rarities. The 1873-CC No Arrows is essentially unique.
Draped & Capped Bust
1796–1837. America's first dimes. Tiny mintages, high survival rarity. The 1796 first-year issue is among the most historic U.S. coins.
Dime Error Coins
Doubled dies, off-centers, clipped planchets, and mint mark errors across all series. See our Dime Error Coins guide.
U.S. Dime Explorer
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Mercury Dimes — 1916 to 1945
Adolph Weinman's Masterpiece in Silver
The Winged Liberty Head dime — universally known as the Mercury dime — is widely regarded as one of the most artistically beautiful coins ever struck by the United States Mint. Designed by Adolph A. Weinman, it features Liberty wearing a winged Phrygian cap, symbolizing freedom of thought. The reverse depicts a fasces bound with an olive branch, representing the nation's readiness for war while pursuing peace. Struck in 90% silver from 1916 through 1945, Mercury dimes are a cornerstone of 20th-century U.S. numismatics.
The key date is the 1916-D, struck at the Denver Mint with a mintage of only 264,000 — the lowest of any Mercury dime. Even heavily worn examples sell for over $1,000; gem uncirculated specimens with Full Split Bands (FSB) on the reverse fasces can reach $20,000 or more. Other important dates include 1921, 1921-D, and the 1942/1 overdate, where a 1941 die was re-engraved for 1942 — leaving a visible ghost of the earlier date beneath.
Roosevelt Dimes — 1946 to Present
The Most Common Dime — With Some Surprising Rarities
The Roosevelt dime was introduced in 1946 to honor President Franklin D. Roosevelt, who died in April 1945. It remained in 90% silver composition through 1964; starting in 1965, the Mint switched to a copper-nickel clad composition as silver prices rose. The transition years 1965–1967 are notable because no mint marks appear on any coin — a deliberate policy to discourage hoarding by date and mint mark.
While most Roosevelt dimes are common, key dates and varieties do exist. The 1949-S and 1950-S are scarcer issues in high grades. The 1968 No-S proof — struck without the required S mint mark — is one of the most valuable modern U.S. rarities, with fewer than 10 known and values exceeding $10,000. The 1982 No-P dime, produced when the Philadelphia Mint accidentally omitted its newly required P mint mark, is far more common but still collectible.
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Frequently Asked Questions
What years were U.S. dimes made of silver?
U.S. dimes were struck in 90% silver from the first issues in 1796 through 1964. Starting in 1965, the Mint switched to a copper-nickel clad composition — a sandwich of copper-nickel layers over a pure copper core. You can tell a pre-1965 silver dime by looking at the edge: silver dimes show a solid silver edge, while clad dimes show a visible copper stripe. All Mercury dimes (1916–1945) and Roosevelt dimes through 1964 are 90% silver and contain approximately 0.0723 troy ounces of silver.
What makes the 1916-D Mercury dime so valuable?
The 1916-D was struck at the Denver Mint in the first year of the Mercury dime series with a mintage of only 264,000 — the lowest of any regular-issue Mercury dime. Many were spent in circulation and never saved as collectibles because the series was brand new. Survivors in any grade are scarce. In heavily worn (Good) condition the 1916-D sells for over $1,000; in gem uncirculated with Full Split Bands it can reach $20,000 or more. It is the undisputed key date of the Mercury dime series.
What is a Full Split Bands designation on Mercury dimes?
On the reverse of the Mercury dime, a fasces (bound bundle of rods) is wrapped with two horizontal bands. Full Split Bands (FSB) means both bands show a complete separation between their upper and lower halves — a sign of a sharply struck coin. Grading services PCGS and NGC award the FSB designation only to coins meeting this standard. A Mercury dime with FSB can be worth 5–10 times as much as the same coin without it, making band detail one of the most important factors in Mercury dime valuation.
What is the rarest U.S. dime ever made?
The 1894-S Barber dime is generally considered the rarest regular-issue U.S. dime. Only 24 were struck at the San Francisco Mint, and only about 9 are known to survive today. The exact reason for the tiny mintage is debated — one popular story suggests the superintendent had them struck as gifts for banking associates, though this is unverified. Known specimens have sold for over $1 million at auction. The 1873-CC Seated Liberty dime without arrows is technically unique as a business strike, but it is not a regularly issued date in the same sense.
Are Roosevelt dimes worth keeping from pocket change?
Any Roosevelt dime dated 1964 or earlier is 90% silver and worth more than face value based on silver content alone — typically $1.50–$2.50 depending on the current silver spot price. From 1965 onward, Roosevelt dimes are clad and worth face value unless they are key dates, error coins, or high-grade examples. The 1982 No-P dime (missing Philadelphia mint mark) is a popular find from circulation. Beyond silver, looking for Full Torch (FT) designated examples in mint sets can yield premium coins.
How do I tell a Mercury dime from a Roosevelt dime?
Mercury dimes (1916–1945) feature a young Liberty wearing a winged cap facing right, with LIBERTY above and the date below. The reverse shows a fasces and olive branch. Roosevelt dimes (1946–present) feature a left-facing portrait of President Franklin D. Roosevelt with LIBERTY to the left and IN GOD WE TRUST below. The reverse shows a torch flanked by an olive branch and oak branch. Both series are the same size and were struck in 90% silver through 1945 and 1964 respectively.





