Last Updated on August 4, 2022
Known as the Mercury dime, this 1920 coin is a special one. The dime is popular for its unique design and pattern that was specially made for this series. Many collectors and beginners love to get their hands on such coins.
But it may be difficult to get the value of this coin due to high demand. Therefore, here is a complete 1920 dime guide that is going to help you learn a lot about this coin.
How Much Is 1920 Dime Worth?
The 1920 dime with no mintmark is worth around $2 to $3 if in good condition. But in very fine conditions the value can go up to $5. In extremely fine condition, the dime holds a value of $10.
But if the dime is in uncirculated condition with MS60 grade it is worth around $45. And the MS63 grade coin is worth about $300.
Things change for the 1920 dime with S mintmark as it is worth $5 in good condition. But in very good condition the value would be about $10 and $20 in extremely fine condition.
For the uncirculated condition dime with MS60 grade, you can get it valued at around $200. In addition, the value of $1,400 can only be achieved by the MS63 dime.
Lastly, the 1920 dime with D mintmark is also worth somewhere around $2 to $3 in good condition and $8 in very fine condition. For the extremely fine 1920 dime, the value in the market is around $25.
The uncirculated condition MS60 grade dime is worth about $200 but $650 for the MS63 dime.
What Is A Mintmark And Where Is It Located?
A mintmark is an official stamp from the mint where the coin was produced in. Several mints are operating and the mintmark makes it easier for anyone to understand where the coin was produced.
The mintmark also works as a factor that helps determine the authenticity of a coin. All the mints used to stamp their coins with a mark. But there was no mintmark present on the coins produced in the Philadelphia mint.
However, if the mintmark is present it can be found on the reverse side of a coin. Usually, the mintmarks have a very small font so you would need to have a very close look.
In addition, the mintmark is present on the lower-half side of any coin.
What Is Special About The History of 1920 Dime?
The 1920 dime was a newly designed coin that is now popular as the Mercury dime. Previously till 1916, the dimes that were produced had a different design.
In 1916 the designer of the Mercury dime Adolph Weinman participated in a competition and submitted the new design of 1920 dimes. He then won the competition and it is his design that we see on the dimes.
Weinman designed the half-dollars for the same year. You can also find his initial on the obverse side of the coin. Have a close look at the right side of Liberty’s portrait and you will see it in a small font.
What Are The Specifications Of A 1920 Dime?
When talking about the specifications of a coin many factors have to be discussed. The metal composition of the 1920 dime is made of 90% silver and 10% silver. Due to this, you can see the coins still shining bright if in perfect condition.
The diameter of the dime is around 17.9mm and the weight is around 2.5 grams. Make sure to keep these specifications in mind when you out looking to buy the 1920 dimes.
This information will help you easily verify if the dime you are looking at is original or not. No doubt there are many counterfeits in circulation and that is why it is best to be on the safe side.
Where to Get A 1920 Dime From?
Many people who want to get their hands on old coins have the same question. The best place to get an original 1920 dime is if it is up at auction by a trusted vendor.
Otherwise, there are pawn shops that deal in old currencies and you check with them. In addition, there are many collectors’ shops that have the 1920 dime in stock.
But if you don’t want to go through such a hassle you can always go up to trusted online sites which specially deal in old coins. However, make sure to only visit the trusted sites.
But it would be better to buy it from a physical marketplace. That way you can check the coin by yourself. Don’t forget to take an expert with you as they can verify the coin for you. In addition, they will help you negotiate and get it at a better value.