Junk Silver Calculator

1938 Mercury Dime Value

Silver melt value, mintage by mint, and how this year compares with every other year of the Mercury Dime series.

Silver content

Composition 90% silver, 10% copper
Silver content, as struck 0.0723 troy oz
Silver content, worn (trading convention) 0.0715 troy oz 0.715 troy oz per $1 of face value, the figure dealers quote from
Face value $0.10
Silver years 1916 - 1945

1938 mintage by mint

Issue Mint Mintmark Struck for circulation Proofs
1938 Philadelphia No mintmark 22,190,000 8,728
1938-D Denver D 5,537,000 -
1938-S San Francisco S 8,090,000 -
Total 35,817,000 8,728

Ranked by circulation mintage against all 77 Mercury Dime issues struck 1916 to 1945, lowest first:

  • 1938 (Philadelphia): 43rd lowest of 77
  • 1938-D (Denver): 15th lowest of 77
  • 1938-S (San Francisco): 24th lowest of 77

Calculate a batch of Mercury Dimes

The calculator opens on the Mercury Dime. Enter how many coins you have, or how much face value, to get the total silver weight and melt value at the current spot price.

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Questions about the 1938 Mercury Dime

How much silver is in a 1938 Mercury Dime?
A 1938 Mercury Dime is 90% silver and contains 0.0723 troy ounces of pure silver as struck. Circulated coins have lost a little to wear, so the trade prices them at 0.715 troy oz per $1 of face value, or 0.0715 troy oz for this coin.
What is a 1938 Mercury Dime worth?
Its silver melt value is shown at the top of this page and is recalculated from the live silver spot price each time the page loads. Coins in collector grades can be worth more than melt, which depends on condition and is not covered here.
How many 1938 Mercury Dimes were made?
35,817,000 were struck for circulation across 3 mints. Philadelphia struck 22,190,000 with no mintmark. Denver struck 5,537,000 with a D mintmark. San Francisco struck 8,090,000 with an S mintmark. A further 8,728 proofs were struck.
Is the 1938 Mercury Dime a key date?
No. The key dates of the Mercury Dime series are 1916-D, 1921, 1921-D and 1926-S.
Is a 1938 dime silver?
Yes. Every Mercury Dime struck from 1916 through 1945 is 90% silver.

Mintage sources