Mercury Dimes
1931-S 10C MS67 Full Bands PCGS. After low mintages of dimes at all three Mints in 1931, no more dimes were struck until 1934 -- the two-year hiatus in deference to the grip of the Great Depression. Just 1.8 million pieces were struck at the San Francisco Mint, and most circulated extensively throughout the financial and social turmoil. Still, rolls could be had from the Treasury Department at face value in 1932, a luxury few could afford.
The 1931-S is scarce not only in an absolute sense, but high Uncirculated conditions, too. Production at the Mint was careless, and Full Bands examples are scarce in all Uncirculated grades. The present Superb Gem displays pale ice-blue patina with softly glowing silver luster, with occasional areas of olive-gray toning that appear intermittently on the fields and near the borders. The surfaces are satin-smooth and attractive with sharp definition not only on the fasces, but throughout all of the raised elements. No finer coins are certified with Full Bands by either service. Population: 9 in 67 Full Bands, 0 finer (1/17).