1940 was another year during which more than 100 million Mercury dimes were minted, providing plenty of specimens of this coin for collectors today. 1940 Mercury dimes are widely available in virtually all grades, with those in the lower circulated grades priced right around the prevailing silver bullion value. These cheap prices make the 1940 Mercury dime an affordable acquisition for Mercury dime aficionados and type coin collectors alike, with good deals to be had for examples of this date right up to the uncirculated grade levels.
Here’s a look at the mintages and values for 1940 Mercury dimes:
1940, 65,350,000 minted; $4
1940 proof, 11,827; $400
1940-D, 21,198,000; $4
1940-S, 21,560,000; $4
*Values are for coins in a grade of Extremely Fine-40, unless otherwise noted.
This date is easy to locate in the mint state grades, with pieces in MS-63 costing collectors around $20. A crisp MS-65 can be had for under $50. With a little extra searching, you should be able to find a fully split bands (FSB) piece for a small premium – well worth the extra few dollars for a coin with complete detail in the horizontal lines of the bands surrounding the fasces.