The 1940 Mercury dimes have value as both numismatic coins and as silver bullion. Keep reading to learn more about these silver coins.

1940 Dime

Specifications

Type: Mercury Dime
Year: 1940
Face Value: $0.10
Composition: 90% silver, 10% copper
Silver Weight: 2.25 grams
Total Weight: 2.5 grams
Current Silver Bullion Value: $1.27

Mercury dimes are also known as Winged Liberty Head dimes. The US minted the 1940 dime with no mint mark and also the 1940 D dime and 1940 S dime. The mint mark can be found on the reverse side of the coin.

Series Location Quantity Minted
1940 Philadelphia 65,350,000
1940 D Denver 21,198,000
1940 S San Francisco 21,560,000

Value

This coin in circulated condition is worth at least its weight in silver. The silver melt value for this coin is $1.27 as of October 22, 2019. This melt value is calculated from the current silver spot price of $17.50 per ounce.

The 1940 dime with no mint mark is worth around $3 in very fine condition. In extremely fine condition the value is around $3.25. In uncirculated condition the price is around $7 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $30.

The 1940 D dime is worth around $3 in very fine condition. In extremely fine condition the value is around $3.25. In uncirculated condition the price is around $7 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $35.

The 1940 S dime is worth around $3 in very fine condition. In extremely fine condition the value is around $3.25. In uncirculated condition the price is around $8 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $35.

Proof coins are available and they are each valued at around $180 in PR 65 condition. There were only 11,827 proof coins minted.

 

Sources:

The Red Book


See also:

1941 Dime
1939 Dime
1938 Dime