Millions of coins circulate every day, typically valued at their face value. However, some coins are worth far more due to unique characteristics, whether it’s due to minting errors or their rarity in circulation. One such coin, a 10-cent Mercury dime from 1919, sold for a staggering $156,000 in 2019 at Heritage Auctions, thanks to an unusual and rare detail. Here’s how you can identify this valuable coin.
The 10-Cent Coin That Could Be Worth Over $150,000
The coin in question is a Mercury dime minted in Denver, Colorado, in 1919. Featuring Lady Liberty’s winged head on the obverse, it is one of the iconic coins of the 20th century. On the reverse, the coin shows a bundle of rods, known as the fasces, with an axe blade protruding from the bundle, symbolizing strength and unity. Olive branches, representing peace, are also depicted.
What Makes This Coin So Valuable?
The key to the high value of this 1919 Mercury dime lies in the clarity of the fasces on its reverse. The coin received the “full bands” designation, a sought-after feature in numismatic circles. Full bands refer to the clear horizontal bands visible on the fasces, which are often worn or obscured in other coins from the same period. This clarity of detail makes it extremely rare and desirable to collectors.
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Minting Errors and Their Impact on Value
Minting errors were common in 1919, which is why collectors focus on finding Mercury dimes with perfect or nearly perfect features, especially the fasces. Coins with visible, well-defined bands are scarce, making them highly valuable. The 1919 Mercury dime with full bands is a standout example of how subtle differences in design can dramatically increase a coin’s worth.
If you’re a coin collector, keep an eye out for the Mercury dime with the full bands on the fasces. This rare characteristic can push its value into the five-figure range, just like the 1919 Denver mint version that sold for $156,000 in 2019. Identifying these key features can lead you to discovering a treasure worth far more than its face value.
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