1918-S 10C (Regular Strike)

Series: Mercury Dimes 1916-1945

PCGS MS67

PCGS MS67

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PCGS MS66+

PCGS MS66+

PCGS MS66+

PCGS MS66+

PCGS #:
4920
Designer:
Adolph Alexander Weinman
Edge:
Reeded
Diameter:
17.90 millimeters
Weight:
2.50 grams
Mintage:
19,300,000
Mint:
San Francisco
Metal:
90% Silver, 10% Copper
Major Varieties

Current Auctions - PCGS Graded
Current Auctions - NGC Graded
For Sale Now at Collectors Corner - PCGS Graded
For Sale Now at Collectors Corner - NGC Graded

Rarity and Survival Estimates Learn More

Grades Survival
Estimate
Numismatic
Rarity
Relative Rarity
By Type
Relative Rarity
By Series
All Grades 3,500 R-4.3 9 / 80 TIE 9 / 80 TIE
60 or Better 600 R-5.8 36 / 80 TIE 36 / 80 TIE
65 or Better 80 R-8.2 24 / 80 TIE 24 / 80 TIE
Survival Estimate
All Grades 3,500
60 or Better 600
65 or Better 80
Numismatic Rarity
All Grades R-4.3
60 or Better R-5.8
65 or Better R-8.2
Relative Rarity By Type All Specs in this Type
All Grades 9 / 80 TIE
60 or Better 36 / 80 TIE
65 or Better 24 / 80 TIE
Relative Rarity By Series All Specs in this Series
All Grades 9 / 80 TIE
60 or Better 36 / 80 TIE
65 or Better 24 / 80 TIE

Condition Census What Is This?

Pos Grade Image Pedigree and History
1 PCGS MS67

As PCGS MS67 #50042628. Legend Rare Coin Auctions, May 25, 2023, Lot 122 - $2,467.50. As PCGS MS67 #47309799. GreatCollections, October 29, 2023, Lot 1447592 - $3,093.75Predominantly brilliant with hints of golden toning. 

2 PCGS MS66+

Heritage Auctions, Decmber 3, 2015, Lot 3684 - $1,528; Dell Loy Hansen Collection. Predominantly brilliant with faint traces of golden-brown toning.

2 PCGS MS66+

Heritage Auctions, December 5, 2013, Lot 3329 - $2,115; "SES Collection" (PCGS Set Registry). Pearlescent toning with hints of gold. Dark toning spot below O of ONE.

2 PCGS MS66+

GreatCollections, February 26, 2023, Lot 1292686 - $1,816.88. Predominantly brilliant. Small tick to the left of Liberty's eye. Wispy gold toning on the lower half of the reverse. 

2 PCGS MS66+
#1 PCGS MS67

As PCGS MS67 #50042628. Legend Rare Coin Auctions, May 25, 2023, Lot 122 - $2,467.50. As PCGS MS67 #47309799. GreatCollections, October 29, 2023, Lot 1447592 - $3,093.75Predominantly brilliant with hints of golden toning. 

#2 PCGS MS66+

Heritage Auctions, Decmber 3, 2015, Lot 3684 - $1,528; Dell Loy Hansen Collection. Predominantly brilliant with faint traces of golden-brown toning.

#2 PCGS MS66+

Heritage Auctions, December 5, 2013, Lot 3329 - $2,115; "SES Collection" (PCGS Set Registry). Pearlescent toning with hints of gold. Dark toning spot below O of ONE.

#2 PCGS MS66+

GreatCollections, February 26, 2023, Lot 1292686 - $1,816.88. Predominantly brilliant. Small tick to the left of Liberty's eye. Wispy gold toning on the lower half of the reverse. 

#2 PCGS MS66+
Charles Morgan:

United States Mint records reveal that San Francisco utilized 73 obverse and 66 reverse dies to strike 19,300,000 1918-S Mercury Dimes (#4920, #4921). While it is a testament to the skill of the coiners that the average die survived more than 277,000 impressions, such high-volume production required compromises. Consequently, the 1918-S is typically characterized by a soft strike, making Full Bands (FB) examples—especially in Gem grades—exceptionally difficult to locate. According to PCGS population data, Mint State coins without Full Bands outnumber those that do by a 4:1 ratio. Despite this discrepency, the grade distribution follows a remarkably similar pattern for both categories. The population peaks at MS64, before dropping by about 50% for MS65. This "Gem" cliff continues in the higher grades. Superb Gems are truly outliers and MADHATTER's PCGS MS67+FB example is the single finest known in either category.

Vintage Market Snippet

  • April 1976: New York dealer Joel D. Coen offered choice BU 1918-S Mercury Dimes for $150 in The Numismatist.

* * *

David Hall: Like most of the early Mercury dimes, the 1918-S is not really rare in circulated grades. In mint state this is a rare issue with or without fully struck crossbands. About 35% of mint state survivors have full bands. Gem MS65 or better full band specimens are very rare.