Price Guide for 1938 Dime Variants

This guide presents price ranges for 1938 Dime variants from three sources: eBay sales, third-party auctions, and PCGS guides. Values are shown for various conditions, allowing collectors to compare across different market segments. Price estimates may vary between sources, especially for rarer variants.

1938 Dime, FB (Regular Strike)

  • 3rd Party Price
    Circulated: $25.00
    Uncirculated: $17.00 - $14,375.00
  • eBay
    Uncirculated: $10.50 - $5,150.00
  • PCGS Price Guide
    Uncirculated: $25.00 - $14,000.00

1938-D Dime (Regular Strike)

  • 3rd Party Price
    Circulated: $12.25 - $57.00
    Uncirculated: $20.00 - $1,783.00
  • eBay
    Circulated: $11.01 - $55.55
    Uncirculated: $19.51 - $249.00
  • PCGS Price Guide
    Circulated: $4.00 - $22.00
    Uncirculated: $25.00 - $1,150.00

1938-S Dime, FB (Regular Strike)

  • 3rd Party Price
    Uncirculated: $23.00 - $364,250.00
  • eBay
    Uncirculated: $23.50 - $1,424.99
  • PCGS Price Guide
    Uncirculated: $30.00 - $10,250.00

1938-S Dime (Regular Strike)

  • 3rd Party Price
    Circulated: $11.00 - $40.00
    Uncirculated: $16.00 - $776.00
  • eBay
    Circulated: $8.50 - $390.00
    Uncirculated: $9.77 - $700.00
  • PCGS Price Guide
    Circulated: $4.00 - $27.00
    Uncirculated: $30.00 - $750.00

1938-D Dime, FB (Regular Strike)

  • 3rd Party Price
    Uncirculated: $14.00 - $5,635.00
  • eBay
    Circulated: $23.50
    Uncirculated: $16.50 - $4,227.49
  • PCGS Price Guide
    Uncirculated: $30.00 - $11,500.00

1938 Dime (Regular Strike)

  • 3rd Party Price
    Circulated: $9.00 - $11.00
    Uncirculated: $14.00 - $1,150.00
  • eBay
    Circulated: $4.25 - $32.00
    Uncirculated: $1.00 - $500.00
  • PCGS Price Guide
    Circulated: $4.00 - $13.00
    Uncirculated: $16.00 - $750.00

1938 Dime (Proof)

  • 3rd Party Price
    Circulated: $100.00 - $224.00
    Uncirculated: $92.00 - $32,200.00
  • eBay
    Circulated: $300.00
    Uncirculated: $21.00 - $1,690.70
  • PCGS Price Guide
    Circulated: $67.00 - $120.00
    Uncirculated: $155.00 - $48,500.00

Design and Specifications of the 1938 Dime

The 1938 Mercury Dime is part of the Mercury Dime series, which was minted from 1916 to 1945. Despite its popular name, the coin doesn't actually depict Mercury, but rather a young Liberty wearing a winged cap, symbolizing freedom of thought.

1938 was a year of economic recovery following the Great Depression, and these dimes played a crucial role in everyday commerce.

Weight 2.5 grams
Diameter 17.9 mm
Mint Marks P (Philadelphia), D (Denver), S (San Francisco)
Composition 90% silver, 10% copper
Obverse Design Winged Liberty Head (Mercury), designed by Adolph A. Weinman
Reverse Design Fasces with an olive branch, designed by Adolph A. Weinman

Rarity Factors and Value Drivers

The condition of a 1938 Mercury Dime significantly impacts its value. Coins in uncirculated condition (MS60 and above) are highly sought after by collectors, with premium prices for those grading MS65 or higher.

Full Split Bands (FSB) on the reverse is a crucial factor. Dimes with clear, fully separated bands on the fasces command higher prices, especially in mint state grades.

Philadelphia, P

Mintage: 22,190,000

Rarity Scale: Common

Circulation Status: Widely Circulated

Preservation Rarity: Relatively common in grades up to MS66, scarce in MS67 and above

Varieties Errors: None significant

Market Demand: Moderate, higher for gem-quality specimens

Denver, D

Mintage: 5,537,000

Rarity Scale: Uncommon

Circulation Status: Moderate Circulation

Preservation Rarity: Scarce in MS65 and above, rare in MS67+

Varieties Errors: None significant

Market Demand: Moderate to High, especially for high-grade examples

San Francisco, S

Mintage: 8,090,000

Rarity Scale: Uncommon

Circulation Status: Moderate Circulation

Preservation Rarity: Scarce in MS65 and above, rare in MS67+

Varieties Errors: None significant

Market Demand: Moderate to High for well-preserved specimens

Luster and toning play important roles in determining a coin's desirability. Original mint luster is highly prized, while attractive, natural toning can also increase value.

Strike quality is another crucial factor. Well-struck coins with sharp details, especially on Liberty's hair and the reverse fasces, are more valuable.

While not particularly rare, 1938-D and 1938-S dimes in high grades are more challenging to find than their Philadelphia counterparts, potentially commanding higher premiums in the collector market.

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