The 1927-S Mercury Dime is a captivating coin that has caught the attention of collectors and enthusiasts alike. Minted in San Francisco, this dime was produced during an exciting year in American history, marked by significant cultural and technological advancements. If you want to learn more about the history, value, and importance of the 1927-S Mercury Dime, you’re in the right place! Let’s explore what makes this coin special.
Historical Background: 1927 in America
The year 1927 was notable for many reasons, including achievements in aviation, cinema, and sports. Here are some key events that defined this year:
| Event | Description |
|---|---|
| Aviation | Charles Lindbergh made his historic solo flight across the Atlantic Ocean in the Spirit of St. Louis. |
| Automobiles | The Ford Model A replaced the earlier Model T, showcasing advancements in automobile design. |
| Cinema | The Jazz Singer, starring Al Jolson, debuted as the first-ever “talkie” film, revolutionizing the film industry. |
| Sports | Babe Ruth hit 60 home runs, leading the New York Yankees to a World Series victory against the Pittsburgh Pirates. |
However, not all news was positive. In Europe, problems were brewing. German banks began limiting credit due to fears of rising debts, causing high-interest rates and contributing to a stock market crash. This economic downturn led to significant unemployment and helped the Nazi Party rise to power.
Minting the 1927-S Mercury Dime
The San Francisco Mint produced various coins in 1927, including the 1927-S Mercury Dime. Here’s a detailed look at the coins minted that year:
| Coin Type | Mintage |
|---|---|
| 1927-S Lincoln Cent | 14,276,000 |
| 1927-S Buffalo Nickel | 3,430,000 |
| 1927-S Mercury Dime | 4,770,000 |
| 1927-S Standing Liberty Quarter | 396,000 |
| 1927-S Walking Liberty Half Dollar | 2,392,000 |
| 1927-S Peace Dollar | 866,000 |
| 1927-S Saint-Gaudens Double Eagle | 3,107,000 |
The 1927-S Mercury Dime has a mintage of 4,770,000 coins. While this number seems large, finding these coins in good condition can be challenging for collectors.
What Is the 1927-S Mercury Dime Worth?
The value of the 1927-S Mercury Dime varies widely based on its condition. Here’s a breakdown of what you might expect to pay:
| Coin Condition | Typical Price Range |
|---|---|
| Circulated Coins | $15 or less |
| Higher Circulated Grades | $300 – $500 |
| Mint State Coins (Certified) | $634 (NGC MS62), $1,020 (PCGS MS63) |
| Full Bands (MS65 and above) | Starting at $5,000 |
For collectors, it’s essential to ensure the authenticity of coins, especially Mint State examples. Coins certified by organizations like CAC, NGC, or PCGS provide confidence in their quality.
Market Trends and Collecting Tips
As of October 2024, the Professional Coin Grading Service (PCGS) reported two coins graded MS67FB, the highest grade for this type. One of these coins belongs to billionaire collector Dell Loy Hansen. Coins in the MS67FB category are extremely rare and can fetch prices around $19,550 or more in auctions.
When collecting the 1927-S Mercury Dime, keep these tips in mind:
- Purchase from Reputable Sources: Always buy from trustworthy sellers to avoid counterfeits.
- Check Certification: Look for coins certified by CAC, NGC, or PCGS for assurance of quality and authenticity.
Specifications of the 1927-S Mercury Dime
| Specification | Details |
|---|---|
| Country | United States of America |
| Year of Issue | 1927 |
| Denomination | 10 Cents (USD) |
| Mintmark | S (San Francisco) |
| Mintage | 4,770,000 |
| Alloy | .900 Silver, .100 Copper |
| Weight | 2.5 g |
| Diameter | 17.9 mm |
| Edge | Reeded |
| Designer | Adolph A. Weinman |
Conclusion
The 1927-S Mercury Dime is more than just a piece of currency; it represents a significant part of American history. From its minting during a period of cultural excitement to its current status as a sought-after collectible, this coin offers insight into the past. Whether you’re a seasoned collector or just starting, the 1927-S Mercury Dime is an excellent addition to any collection. Understanding its history and value can enhance your appreciation for the world of coin collecting.
FAQ’s
What is the 1927-S Mercury Dime?
The 1927-S Mercury Dime is a ten-cent coin minted in San Francisco during a notable year in American history. It features a design by Adolph A. Weinman and was made from 90% silver and 10% copper.
How much is the 1927-S Mercury Dime worth today?
The value of the 1927-S Mercury Dime can vary widely based on its condition. Circulated examples typically sell for around $15 or less, while higher-graded coins can be valued between $300 and $5,000 or more, depending on certification and demand.
What should collectors look for when buying a 1927-S Mercury Dime?
When purchasing a 1927-S Mercury Dime, collectors should ensure the coin is certified by reputable organizations like CAC, NGC, or PCGS. It’s also important to verify the coin’s condition and authenticity to avoid counterfeits.