The 1942 Mercury dime is a highly sought-after coin among collectors, and for good reason. With its unique design and rich history, it's a fascinating piece of American numismatics. In this article, we'll explore five key values of the 1942 Mercury dime worth knowing, including its historical significance, design features, mintage figures, collector demand, and potential value.
The 1942 Mercury dime was the last of its kind, marking the end of a era in American coinage. As the United States entered World War II, the country's attention turned to supporting the war effort, and the production of coins was affected. The 1942 Mercury dime would be the final year of the series, making it a highly collectible coin among numismatists.
Historical Significance
The 1942 Mercury dime holds significant historical value, being the last of the Mercury dime series. The series, which ran from 1916 to 1942, was designed by Adolph A. Weinman and featured a depiction of Liberty with a winged cap, often referred to as the "Mercury" dime. The coin's design was a nod to the Roman messenger god, Mercury, and was intended to symbolize freedom and liberty.
The 1942 Mercury dime is also notable for being the last coin to feature the silver content of 90% silver and 10% copper. With the onset of World War II, the United States began to conserve metal resources, leading to the introduction of the copper-clad dime in 1943.
Design Features
The 1942 Mercury dime features a stunning design that has captivated collectors for generations. The obverse (front) of the coin showcases Liberty with a winged cap, while the reverse (back) features a fasces, a symbol of unity and strength.
One of the most distinctive features of the 1942 Mercury dime is the intricate details on the coin's surface. The wings on Liberty's cap, the folds of her gown, and the textures on the fasces are all meticulously rendered, making the coin a true masterpiece of numismatic art.
Mintage Figures
The mintage figures for the 1942 Mercury dime are relatively low, adding to the coin's scarcity and collectibility. According to the United States Mint, a total of 64,120,000 1942 Mercury dimes were produced, with the majority being minted at the Philadelphia Mint.
The relatively low mintage figures are due in part to the United States' entry into World War II, which led to a shortage of metal resources and a shift in production priorities. As a result, the 1942 Mercury dime is highly sought after by collectors and can command a premium price.
Collector Demand
Collector demand for the 1942 Mercury dime is high, driven in part by the coin's historical significance, design features, and scarcity. Many collectors seek to add the 1942 Mercury dime to their collections as a way to commemorate the end of the Mercury dime series and the onset of World War II.
In addition, the 1942 Mercury dime is a popular choice among collectors due to its relatively low cost and accessibility. With a face value of just 10 cents, the coin is an affordable option for new collectors looking to start or expand their collections.
Potential Value
The potential value of the 1942 Mercury dime can vary depending on several factors, including its condition, rarity, and provenance. In circulated condition, the coin can be worth anywhere from a few dollars to a few hundred dollars.
In mint state, the 1942 Mercury dime can command a premium price, with MS-65 and MS-66 coins selling for upwards of $1,000. In extreme cases, high-grade examples of the coin can sell for tens of thousands of dollars.
Valuation Guide
Here is a rough guide to the potential value of the 1942 Mercury dime:
- Circulated condition: $5-$100
- Mint state (MS-60-MS-64): $100-$500
- Mint state (MS-65-MS-66): $500-$1,000
- High-grade mint state (MS-67 and above): $1,000-$10,000
Please note that this is a rough guide and the actual value of the coin can vary depending on several factors.
In conclusion, the 1942 Mercury dime is a highly collectible coin with significant historical value, design features, mintage figures, collector demand, and potential value. Whether you're a seasoned collector or just starting out, the 1942 Mercury dime is a must-have addition to any numismatic collection.
We encourage you to share your thoughts and experiences with the 1942 Mercury dime in the comments below. Have you added this coin to your collection? What do you think makes it so special?
What is the mintage figure for the 1942 Mercury dime?
+The mintage figure for the 1942 Mercury dime is 64,120,000.
What is the composition of the 1942 Mercury dime?
+The 1942 Mercury dime is composed of 90% silver and 10% copper.
What is the potential value of the 1942 Mercury dime?
+The potential value of the 1942 Mercury dime can vary depending on several factors, including its condition, rarity, and provenance. In circulated condition, the coin can be worth anywhere from a few dollars to a few hundred dollars. In mint state, the coin can command a premium price, with MS-65 and MS-66 coins selling for upwards of $1,000.