Mercury (Hg), a naturally occurring element, is toxic and can lead to negative health impacts for humans and ecosystems. Activated carbon adsorption is effective in treating Hg-laden effluent for safe discharge. Wet chemical oxidation of activated carbon was performed to enhanced surface oxygen functionality, with the goal of enhancing aqueous ionic (Hg(II)) and elemental (Hg(0)) mercury adsorption. The modified carbons were characterized by nitrogen adsorption-desorption, point of zero charge, elemental analysis, and total acidity titration. The resulting characteristics of the surface oxygen modified carbons varied based on the nature of the modifying reagent and its concentration. The modified carbons were applied to trace level Hg solutions (50 μg/L). Hg(II) adsorption was strongly correlated with oxygen content of the C(O)-modified activated carbons, with the highest oxygen content associated with the highest Hg(II) removal. This correlation was not seen in Hg(0) adsorption. Rather, this data best fit a four variable model that identified surface area, pore volume, pHpzc, and oxygen content, with the pHpzc being the primary variable influencing results. At the experimental loading rate, no carbons leached Hg at levels requiring disposal as a hazardous waste. Kinetic models indicated both physisorption and chemisorption adsorption mechanisms.