The Mercury Dime, designed by Adolph A. Weinman, is one of the most iconic and collectible coins in U.S. history. Officially called the Liberty Head dime, its popular nickname derives from the winged Phrygian cap on Miss Liberty, resembling the Roman god Mercury. This dime series, with its timeless design and historical significance, remains a favorite among numismatists.
Key Specifications
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Designer: Adolph A. Weinman
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Issue Dates: 1916–1945
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Composition: 90% silver, 10% copper
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Diameter: 17.9 mm
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Weight: 2.50 grams (38.58 grains)
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Edge: Reeded
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Business Strike Mintage: 2,677,153,880
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Proof Mintage: 78,648
Design Details
Obverse
The obverse features Miss Liberty facing left, wearing a winged Phrygian cap symbolizing freedom of thought. Surrounding her is the inscription LIBERTY with IN GOD WE TRUST and the date below.
Reverse
The reverse depicts a fasces, symbolizing unity and strength, juxtaposed with an olive branch representing peace. Surrounding the design are the inscriptions UNITED STATES OF AMERICA and ONE DIME, with E PLURIBUS UNUM at the lower right.
Collectibility and Rarity
Key Dates and Varieties
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1916-D: With only 245,000 coins minted, this is the most famous rarity in the series. Authentic examples are extremely scarce in Uncirculated condition.
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1921 and 1921-D: Both low-mintage years are highly sought after in all grades.
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1942/1 and 1942/1-D Overdates: These rare varieties are prized, with the Philadelphia issue showing more distinct overdate details.
Full Split Bands (FSB)
Mercury dimes with fully defined and separated center bands on the fasces are highly coveted. Coins designated as Full Bands (FB) command significant premiums, especially for issues like the 1925-D, 1926-S, and 1945.
Proof Coins
Proof Mercury dimes were minted from 1936 to 1942, offering collectors a chance to acquire stunning examples of this classic design.
Historical Highlights
Introduction and Public Reception
Introduced in 1916, the Mercury Dime replaced the Barber Dime with a more artistic design. While it was officially named the Liberty Head dime, the public quickly adopted the nickname "Mercury Dime" due to the resemblance to the Roman god.
1916-D Rarity
The 1916-D dime’s low mintage and scarcity in higher grades make it one of the most valuable coins in the series. Due to its desirability, counterfeit examples are common, underscoring the importance of authentication and certified purchases.
Impact of WWII
The Mercury Dime remained in circulation during World War II, symbolizing American unity and strength. Its silver composition also linked it to the war effort, as silver coins were vital for commerce during this period.
Collecting Strategies
Type Collectors
Acquiring a single Mercury Dime for a type set is straightforward, as common dates like 1941 or 1944 are readily available in most grades.
Complete Sets
Building a full date and mintmark set, including key dates like the 1916-D and 1921, is a challenging yet rewarding endeavor.
Focus on FSB Coins
Specialists often seek out coins with Full Bands for added rarity and value, particularly from scarce years.
Why Collect Mercury Dimes?
The Mercury Dime is celebrated for its artistic beauty, historical significance, and affordability in many grades. Whether you’re a beginner or an advanced collector, this series offers endless opportunities for discovery and appreciation.
Explore Mercury Dimes at ParadimeCoins.com
Discover an extensive selection of Mercury Dimes, including key dates, high-grade examples, and FSB-designated coins. Begin or expand your collection today at ParadimeCoins.com, your trusted source for rare and collectible coins!
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