The 1918 Mercury dimes have value as both numismatic coins and as silver bullion. Keep reading to learn more about these silver coins.

1918 Dime

Specifications

Type: Mercury Dime
Year: 1918
Face Value: $0.10
Composition: 90% silver, 10% copper
Silver Weight: .07234 oz.
Total Weight: 2.5 grams
Current Silver Bullion Value: $1.20

Mercury dimes are also known as Winged Liberty Head dimes. The US minted the 1918 dime with no mint mark and also the 1918 D dime and 1918 S dime. The mint mark, when present, can be found on the reverse side of the coin.

Series Location Quantity Minted
1918 Philadelphia 26,680,000
1918 D Denver 22,674,800
1918 S San Francisco 19,300,000

Value

This coin in circulated condition is worth at least its weight in silver. The silver melt value for this coin is $1.20 as of December 09, 2019. This melt value is calculated from the current silver spot price of $16.57 per ounce.

The 1918 dime with no mint mark is worth around $3 in good condition. In very fine condition the value is around $12. In extremely fine condition the value is around $25. In uncirculated condition the price is around $70 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $425.

The 1918 D dime is worth around $3 in good condition. In very fine condition the value is around $12 and in extremely fine condition the value is around $24. In uncirculated condition the price is around $125 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $800.

Lastly the 1918 S dime is worth around $3 in good condition. In very fine condition the value is around $10 and in extremely fine condition the value is around $18. In uncirculated condition the price is around $120 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $725.

Grading System

Good- The date and the letters are clear. The bands and lines in the fasces have been completely worn away.

Very fine- Each of the diagonal bands are completely visible.

Extremely fine- There is only a small amount of wear on the diagonal bands. Liberty's braids and the hair before her ear are completely visible.

MS 60 uncirculated- There are no signs of wear. The coin has luster, but there may be a few stains, abrasions, or surface marks.

MS 65 gem uncirculated- There is strong luster and eye appeal. A few light contact marks may be present but they are barely noticeable.

 

Sources:

The Red Book


See also:

1919 Dime
1917 Dime
1916 Mercury Dime