The 1919-D Mercury dime with full bands is a fascinating coin for collectors, known for its rarity and high value. With an impressive auction record of $218,500, this coin represents a blend of historical significance and remarkable craftsmanship. In this article, we’ll explore its features, history, and why it’s so highly sought after.
What Is the 1919-D Mercury Dime?
The 1919-D Mercury dime is part of the Mercury dime series minted from 1916 to 1945. It was produced at the Denver Mint (indicated by the “D” mintmark). The dime features the iconic Winged Liberty Head design, which resembles the Roman god Mercury, hence its nickname.
Key Features of the 1919-D Mercury Dime
1. Full Bands Designation
The term full bands refers to the horizontal bands on the fasces (a bundle of sticks with an axe) on the reverse side of the coin. For a coin to receive the “full bands” designation, these bands must appear fully separated and sharply defined.
2. Condition and Grade
Coins graded in high condition, especially those with a Mint State (MS) designation, are rare. The finer the details and fewer the imperfections, the higher the grade, and thus, the value.
3. Mintmark
The “D” mintmark indicates that the coin was minted in Denver, making it distinct from other Mercury dimes produced that year.
Why Is the 1919-D Mercury Dime So Valuable?
The value of the 1919-D Mercury dime lies in a combination of factors:
- Rarity: Coins with full bands are scarce.
- Condition: High-grade specimens are incredibly hard to find.
- Historical Significance: Minted over a century ago, it holds historical and cultural value.
Auction Value of the 1919-D Mercury Dime
The highest recorded sale for this coin was $218,500, achieved due to its exceptional grade and full bands designation. It continues to attract collectors willing to pay top dollar for pristine examples.
Comparison Table of Mercury Dimes
| Year | Mintmark | Full Bands? | Condition | Value Range ($) |
|---|---|---|---|---|
| 1919 | D | Yes | MS65+ | 150,000–218,500 |
| 1916 | D | Yes | MS63+ | 30,000–50,000 |
| 1945 | S | No | MS60 | 10–50 |
How to Identify a 1919-D Mercury Dime
Here are some tips to identify this coin:
- Look for the Winged Liberty Head on the obverse.
- Check for the “D” mintmark on the reverse, just left of the fasces.
- Inspect the bands on the fasces for full separation.
- Confirm the year “1919” on the obverse side.
How to Determine the Value of Your Coin
If you own a 1919-D Mercury dime, follow these steps to assess its value:
- Examine the Condition: Scratches or wear can lower the value.
- Check for Full Bands: The bands are a critical factor.
- Get It Graded: Professional grading services like PCGS or NGC can confirm the grade.
- Research Market Prices: Recent auction results offer a good estimate.
Investing in Rare Coins: Is It Worth It?
Collecting coins like the 1919-D Mercury dime can be both a hobby and an investment. While they often appreciate over time, the market can fluctuate. Always consult experts before making significant purchases.
Conclusion
The 1919-D Mercury dime with full bands is a prized coin for collectors. Its rarity, historical significance, and eye-catching design make it a standout piece in numismatics. Whether you’re an experienced collector or a curious beginner, this dime represents a fascinating journey into the world of rare coins.
FAQs
1. What makes the 1919-D Mercury dime with full bands so rare?
The full bands designation and its high-grade condition make it exceptionally rare.
2. How do I know if my dime is a full bands version?
Examine the fasces on the reverse; the bands must be sharply defined and fully separated.
3. Where can I sell my 1919-D Mercury dime?
You can sell it through coin dealers, auction houses, or online marketplaces like eBay.
4. What does the “D” mintmark mean?
The “D” indicates that the coin was minted in Denver.
5. Are there other valuable Mercury dimes?
Yes, dimes like the 1916-D and 1942/1 overdate Mercury dimes are also highly valuable.