Coin collecting has always been a fascinating hobby, blending history, artistry, and the thrill of discovery. Among the most sought‑after coins in American numismatics are Mercury dimes and Lincoln pennies. While most examples are common and worth only their face value, certain ultra rare varieties have achieved legendary status. Some are worth thousands, and a few have even reached values in the millions. This guide explores ten of the rarest Mercury dimes and Lincoln pennies, their history, and why they continue to captivate collectors.
The Origins of the Mercury Dime
The Mercury dime was introduced in 1916 and designed by Adolph A. Weinman. Despite its name, the coin does not depict the Roman god Mercury but rather Liberty wearing a winged cap, symbolizing freedom of thought. The reverse features a fasces and olive branch, representing strength and peace. Produced until 1945, the Mercury dime is beloved for its artistry and remains a favorite among collectors.
The Origins of the Lincoln Penny
The Lincoln penny was first minted in 1909 to commemorate the centennial of Abraham Lincoln’s birth. Designed by Victor David Brenner, it was the first U.S. coin to feature a real person. The obverse displays Lincoln’s portrait, while the reverse originally featured two wheat stalks framing the words “One Cent.” Over the years, the design has evolved, but the Lincoln penny remains one of the most iconic coins in American history.
1916‑D Mercury Dime
The 1916‑D Mercury dime is one of the most famous rarities in the series. With a mintage of only 264,000, it is the lowest mintage regular‑issue Mercury dime. In circulated condition, it can be worth hundreds, while mint state examples can reach thousands. The 1916‑D dime is a cornerstone of Mercury dime collections, prized for its scarcity and historical significance.
1921 Mercury Dime
Another legendary rarity is the 1921 Mercury dime. With a mintage of just over one million, it is scarce compared to other years. Collectors prize it for its rarity and connection to the post‑World War I era. In mint state condition, the 1921 dime can be worth thousands, making it one of the most valuable coins in the series.
1926‑S Mercury Dime
The 1926‑S Mercury dime is another low‑mintage rarity, with only 1.5 million produced. While circulated examples are relatively affordable, mint state coins are highly prized. In pristine condition, they can be worth thousands. The 1926‑S dime remains a key date for serious collectors.
1942/41 Overdate Mercury Dime
Error coins add excitement to Mercury dime collecting, and the 1942/41 overdate is one of the most famous. This coin was created when a 1941 die was overpunched with a 1942 date, resulting in a dramatic error. Only a limited number are known to exist, and they are highly prized by collectors. In mint state condition, the 1942/41 overdate dime can be worth thousands, making it a legendary error in U.S. coinage history.
1909‑S VDB Lincoln Penny
One of the most famous rarities in the Lincoln penny series is the 1909‑S VDB penny. When the coin was first introduced, Brenner’s initials “VDB” were placed prominently on the reverse. Some critics objected, and the initials were quickly removed. As a result, only a limited number of 1909 pennies struck at the San Francisco Mint bear the VDB initials. These coins are highly prized by collectors, with mint state examples worth thousands.
1914‑D Lincoln Penny
The 1914‑D penny is another legendary rarity. With a low mintage of just over one million, it is scarce compared to other years. Collectors prize it for its rarity and connection to the early years of the Lincoln penny series. In mint state condition, the 1914‑D penny can be worth thousands, making it one of the most valuable coins in the series.
1922 No D Lincoln Penny
The 1922 no D penny is a fascinating variety created when coins were struck without the Denver mint mark. This error is rare and highly prized by collectors. In mint state condition, it can be worth thousands. The 1922 no D penny is a reminder of the complexities of minting and the unique varieties that can result from human error.
1943 Copper Lincoln Penny
During World War II, the U.S. Mint switched to steel planchets to conserve copper for the war effort. However, a few copper planchets were mistakenly used, resulting in rare 1943 copper pennies. Only a handful are known to exist, and they have sold for millions at auction. The 1943 copper penny is often cited as one of the most valuable coins in American numismatics.
1955 Doubled Die Lincoln Penny
The 1955 doubled die penny is one of the most famous error coins in the Lincoln series. This coin features dramatic doubling on the obverse lettering, making it easily identifiable. Only a limited number are known to exist, and they are highly prized by collectors. In mint state condition, the 1955 doubled die penny can be worth thousands, making it a legendary error in U.S. coinage history.
Factors That Influence Value
The value of Mercury dimes and Lincoln pennies depends on several factors. Rarity is the most important, with low‑mintage coins and error varieties commanding the highest prices. Condition also plays a crucial role, as coins in mint state or proof condition are worth far more than those with wear. Historical significance and collector demand further influence value. Professional grading services provide certification, ensuring authenticity and accurate valuation.
How to Identify Rare Coins
Identifying rare Mercury dimes and Lincoln pennies requires careful attention to detail. Collectors should look for mint marks, unusual features, and signs of errors. Using magnification and consulting reputable coin guides can help determine whether a coin is rare. Professional grading services also provide certification, ensuring authenticity and accurate valuation. Serious collectors often rely on auction records and expert opinions to assess rarity and value.
Collecting as a Hobby and Investment
Mercury dimes and Lincoln pennies offer a wide range of designs and varieties to discover. From common circulation strikes to rare treasures like the 1916‑D dime and 1943 copper penny, the series provides endless opportunities for collectors. Many enthusiasts start by assembling complete year sets before moving on to rarities and errors. The thrill of finding a valuable coin in circulation or acquiring one at auction adds excitement to the hobby. Rare coins are not only collectibles but also investment opportunities, offering tangible assets that can appreciate over time.
Key Highlights
- Mercury dimes were introduced in 1916 and Lincoln pennies in 1909
- Famous rarities include the 1916‑D dime, 1942/41 overdate dime, 1909‑S VDB penny, and 1943 copper penny
- Error coins such as doubled dies and missing mint marks are highly prized
- Value depends on rarity, condition, and collector demand
- Rare Mercury dimes and Lincoln pennies can be worth thousands or even millions
- Collecting offers both historical appreciation and investment potential
Final Words
The ten ultra rare Mercury dimes and Lincoln pennies highlighted here are more than just coins—they are pieces of history and artistry. While most examples are common, rare varieties and errors can transform an ordinary coin into a treasure worth thousands or even millions. For collectors and enthusiasts, the pursuit of these coins is both a passion and a journey into America’s past. Whether discovered in circulation, inherited from family, or acquired through auctions, rare Mercury dimes and Lincoln pennies continue to inspire and excite collectors around the world.
