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During the challenging years of World War II, when the United States was deeply engaged in the global conflict, a small silver coin continued to circulate as both currency and a silent reminder of hope. This was the Mercury Dime, minted between 1916 and 1945, officially known as the Winged Liberty Head Dime. Designed by Adolph A. Weinman, the coin symbolized freedom of thought and national strength.
The obverse side features Liberty wearing a winged cap, often mistaken for the Roman god Mercury, while the reverse shows a fasces, a bundle of rods with an axe, wrapped in an olive branch. This dual symbolism represents both military readiness and the nation’s desire for peace.
The 1942 Mercury Dime and Its Importance
By 1942, silver coins were still part of everyday transactions in the United States. The Mercury Dime was composed of 90 percent silver and 10 percent copper, giving it both monetary and intrinsic metal value. Collectors today see it not only as currency but also as a treasured artifact of the wartime economy.
Key Features of the 1942 Mercury Dime
The Mercury Dime of 1942 carries distinct features that make it an appealing collectible. Its artistry and symbolism set it apart from earlier designs like the Barber Dime, while its silver content ensures continued interest among investors.
| Feature | Details |
|---|---|
| Year of Issue | 1942 |
| Designer | Adolph A. Weinman |
| Composition | 90% silver, 10% copper |
| Weight | 2.50 grams |
| Diameter | 17.91 mm |
| Thickness | 1.35 mm |
| Edge | Reeded |
| Mintmarks | None (Philadelphia), D (Denver), S (San Francisco) |
The 1942 Overdate Variety
The most famous version is the 1942/1 Mercury Dime. This coin was created when a die originally dated 1941 was struck again with the 1942 date, leaving visible traces of the numeral “1” beneath the “2.” The error went unnoticed at the time, and these coins entered circulation. Today, examples in high-grade condition have sold for hundreds of thousands of dollars, making it one of the most sought-after U.S. coin errors.
Mintage Numbers of the 1942 Dime
Large quantities of Mercury Dimes were minted in 1942, spread across three mints. Proof coins were also struck in limited numbers at the Philadelphia Mint.
| Mint Location | Mintage | Mintmark |
|---|---|---|
| Philadelphia | 205,410,000 | None |
| Philadelphia (Proof) | 22,329 | None |
| Denver | 60,740,000 | D |
| San Francisco | 49,300,000 | S |
Both the Philadelphia and Denver mints produced the 1942/41 overdate variety, which remains a highlight for numismatists.
The Value of a 1942 Mercury Dime
The market value of a 1942 Mercury Dime depends on its mintmark, condition, and whether it is one of the rare overdate errors. While common examples trade at modest prices, the rare error varieties can be worth significant sums.
| Coin Type | Estimated Value |
|---|---|
| 1942 No Mintmark (Philadelphia) | 2.50 – 35.00 USD |
| 1942-D (Denver) | 2.50 – 40.00 USD |
| 1942-S (San Francisco) | 2.50 – 40.00 USD |
| 1942 Proof | 125.00 – 175.00 USD |
| 1942/41 (Philadelphia) | 400 – 30,000 USD |
Frequently Asked Questions
How can I identify the 1942/1 Mercury Dime?
Look closely at the date. The number “1” is faintly visible behind the “2” in 1942. Using a magnifying glass will make it clearer.
Are these rare Mercury Dimes still found in circulation?
Though rare, some examples occasionally appear in old coin collections or even in pocket change.
How can I confirm the authenticity of a 1942/1 dime?
You can have the coin graded by professional services like PCGS or NGC, or consult a trusted coin dealer for expert evaluation.