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1937

Dimes · Mercury Dimes · 1916–1945
Regular
Weight2.5 g
Diameter17.8 mm
MintPhiladelphia
StrikeCirculation strike
Mintage 56,865,756
EdgeReeded
Alignment↑↓ Coin
Composition90% Silver, 10% Copper
DesignerAdolph A. Weinman
Collector's Key IDCK-2058

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About this coinHistory

Philadelphia struck 56,865,756 dimes during 1937, continuing the substantial production volumes that characterized the mid-1930s recovery. The economy had stabilized enough that small change moved through commerce at consistent rates, and the Mint responded with output that kept pace with demand. Most 1937 Philadelphia dimes circulated through the late 1930s and 1940s, though significant quantities survived in original rolls and bags preserved by collectors and banks. The date ranks among the most accessible Winged Liberty Head issues across all grade levels, including high Mint State with the Full Bands designation. Beginners assembling their first Mercury dime sets typically acquire the 1937 Philadelphia piece early in the process, since it provides a sharp example of Weinman's design at modest cost.

Adolph A. Weinman's design appears here on the standard 90% silver and 10% copper composition, weighing 2.5 grams on a 17.9 millimeter planchet with a reeded edge and no mintmark on the reverse. Philadelphia strikes in 1937 generally show strong central detail, including the horizontal bands across the fasces that determine the Full Bands (FB) designation. FB requires complete separation of the two middle bands across the fasces, and the Professional Coin Grading Service (PCGS) and Numismatic Guaranty Company (NGC) certify a robust supply of FB examples from this date. Population counts run high through MS66 FB with meaningful availability continuing into MS67 FB. Authentication rarely presents difficulty given the abundance of certified pieces, though weight verification at 2.5 grams remains a routine check.

Heritage Auctions and Stack's Bowers move 1937 Philadelphia dimes regularly, with auction records reflecting strong but reasonable pricing across most grade levels. Premium examples in MS67 FB and finer command notable bids from advanced collectors. The date offers excellent value for those entering the series. Read more at the Mercury Dime series history.

Price guideReference

Reference data only — not an appraisal.

GradeDescriptionLowHigh
G-4 Good (G) $4.50 $5
VG-8 Very Good (VG) $5 $5.50
F-12 Fine (F) $5.50 $6
VF-20 Very Fine (VF) $6 $6
EF-40 Extremely Fine (EF) $5.50 $6.50
AU-50 About Uncirculated (AU) $7.50 $8.50
MS-60 Uncirculated (MS) $11 $13
MS-63 Choice Uncirculated (MS)
Frequently Asked QuestionsFAQ
How much is a 1937 Mercury Dime worth?
In Good condition it runs about $4.50–$5, rising to roughly $11–$13 in Uncirculated. These are reference values, not an appraisal.
How many 1937 Mercury Dimes were minted?
56,865,756 were struck.
What is a 1937 Mercury Dime made of?
90% Silver, 10% Copper, weighing 2.5 g.
What is the melt value of a 1937 Mercury Dime?
Its melt value is its metal content multiplied by the current spot price. See our melt calculator on the metals pages for a live figure.
Is the 1937 Mercury Dime a key date?
It's a more common date overall, though scarcer die varieties may carry a premium — see the varieties list.