Where To Buy Mercury Dimes
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Adolph Weinman designed two of the US Mint's most popular and beautiful coins. One was the Walking Liberty half dollar, and the other was the \"Mercury\" dime. The US mint produced these coins from 1916 - 1945 in 90% silver. Today these coins are popular with silver investors and coin collectors alike, the history of the mercury dime silver coins alone makes it unique amongst other coins and bullion coins.
Each Mercury Silver Dime contains 0.0715 ounces of actual silver which translates to 0.715 ounces for each dollar of face value (10 dimes). The coins are 90% silver and 10% copper, but buyers only pay for the silver content. The calculation used to determine the silver weight in any quantity of these coins excludes the copper.
These junk silver dimes for sale, cost a bit more than regular 90%, or \"Junk\", silver dimes and quarters. But for fans of these coins, the modest additional premium may be well worth it when it comes to the overall coin values. Coin dealers and collectors, like to look for key dates that increase the Mercury Silver Dime value.
Silver US coinage, including Mercury dimes, are a great way for bullion investors to buy silver without paying huge premiums. This valuable coin has the additional advantages of being trusted and recognizable. They are marked as official legal tender from the US mint and spent decades in circulation.
This trait also makes the coins ideal for anyone who is building a barter stash. The truth is that the unbacked US dollar will not survive if the federal government destroys the confidence backing our currency by continuing to borrow and spend without restraint. It is wise to prepare against the day that confidence collapses and merchants no longer accept dollars for payment. The small denomination and the recognizability increase the silver Mercury dimes worth and make them easy to trade for items as small as a loaf of bread.
Struck in 90% silver from 1916-1945, Mercury dimes are appreciated by collectors for Adolph A. Weinman's blend of modern and classical designs for the 10-cent piece. Mercury dimes hailed the new 20th century even as the U.S. stood at the entry of WWI. For the obverse, Weinman depicted Liberty wearing a winged cap to symbolize freedom, or liberty, of thought. However, almost immediately the profile became associated with Mercury, the Roman god of messengers, and the Mercury dime nickname has remained ever since. You'll find a wide selection of Mercury dimes for sale at Littleton Coin, including single coins and sets spanning the beloved 30-year series. So you can start or complete your silver Mercury dime collection today!
The Act of September 26, 1890, allowed for new coin designs after 25 years, including dimes . It set the stage for a 20th century motif to replace Charles E. Barber's 1892 Liberty Head design (also called the Barber dime). Barber had drawn the right-facing profile wearing a freedom cap, surrounded by a laurel wreath and the word liberty stamped on the headband.
Mercury dimes are very popular ten-cent pieces produced by the United States Mint from 1916 to 1945. This dime is composed of 90 percent silver and 10 percent copper. The coin contains a total of just over .072 troy ounces of silver.
The coin's obverse design features a young Liberty, facing left, wearing a winged Phrygian cap. The design bears a strong resemblance to the Roman god Mercury, which many people mistook the coin to represent. This is where it got its nickname of the \"Mercury\" dime. Weinman considered the winged cap to symbolize \"liberty of thought\"
The Mercury Dime is also commonly referred to as the Winged Liberty Head Dime and was designed by Adolph Weinman. The coin got its common name from its obverse depiction of a young Lady Liberty which was confused with the Roman god Mercury. Mercury dimes are very popular collector coins produced by the United States Mint from 1916 to 1945. These dime is composed of 90 percent silver and 10 percent copper making them attractive to both silver stackers and collectors alike.
The Barber coinage had been introduced in 1892; similar dimes, quarter dollars, and half dollars, all designed by Mint Chief Engraver Charles E. Barber. The introduction had followed a design competition to replace the Seated Liberty coinage, which had been struck since the 1830s.[2] The Mint had offered only a small prize to the winner, and all invited artists refused to submit entries. The competition was open to the public, and the judging committee found no entry suitable.[3] Mint Director Edward Leech responded to the failed competition by directing Barber to prepare new designs for the dime, quarter, and half dollar. The Barber coinage, after its release,[3] attracted considerable public dissatisfaction.[4]
On March 3, the new coins were publicly announced, with the Treasury noting, \"[d]esigns of these coins must be changed by law every 25 years and the present 25 year period ends with 1916.\"[17] The press release indicated that the Treasury hoped production of the new coins would begin in about two months, once the designs were finalized. The same day, Woolley wrote to Mint Engraver Barber, telling him that his sketches were rejected, and that models from Weinman and MacNeil would arrive at the Philadelphia Mint no later than May 1.[17] According to numismatic historian Walter Breen, Barber became \"sullen and totally uncooperative\".[18] Lange notes that \"numerous delays were encountered as the artists fine-tuned their models while simultaneously avoiding obstacles thrown in their path by Barber. While his observations regarding many aspects of practical coinage were quite accurate, they clearly could have been presented in a more constructive manner.\"[19] In his book on Mercury dimes, Lange notes that Barber, by then aged 75, had been \"compelled over the past ten years to participate in the systematic undoing of a lifetime's achievements\"; he had to participate in the process which resulted in coins designed by others replacing ones designed by him.[20]
The design of the dime, owing to the smallness of the coin, has been held quite simple. The obverse shows a head of Liberty with winged cap. The head is simple and firm in form, the profile forceful. The reverse shows a design of the bundle of rods, with battle-ax, known as \"Fasces\", and symbolical of unity, wherein lies the nation's strength. Surrounding the fasces is a full-foliaged branch of olive, symbolical of peace.[28]
The dime is all right. Please see that working dies for the three mints are made as rapidly as possible, in order that the coinage of the new dimes may be begun quickly. The demand for these coins is exceedingly great. Everyone to whom the coins have been shown here thinks they are beautiful. I beg to enjoin you not to pay out any of the new dimes until you have received special instructions from this office.[10]
Two days later, work on dies was stopped when it was decided that the lettering was insufficiently distinct. The delay, however, did not prevent the Mint from authorizing payment to Weinman for his designs.[20] On July 15, Woolley resigned as Mint director to work as publicity chairman of the Wilson reelection campaign. As the new director, Friedrich Johannes Hugo von Engelken, did not take office until September 1, 1916, Fred H. Chaffin became acting director. With none of the new designs ready for production, and small change in great demand, the Mint had no alternative other than to strike Barber dimes and quarters by the million.[10]
After the lettering problems were addressed, Acting Director Chaffin halted production of Barber dimes on August 29, and ordered production of the Mercury dime to begin the following day at the Philadelphia Mint. Barber had prepared dies for the Denver and San Francisco mints, but they were still in transit. Small quantities of the new dime had been sent to vending machine and pay phone manufacturers; on September 6, two companies reported problems with the coins. AT&T complained that the new dimes were too thick and would not work in their phones. American Sales Machines (owned by Clarence W. Hobbs, whose complaints had delayed the Buffalo nickel) requested design changes so that its counterfeit detector could work. Von Engelken ordered production of the dimes halted. In reality, the dime was not too thick, but the rim of the coin struck too high, a defect known as a \"fin\". This had been an ongoing problem as Weinman's design was produced, but was thought to have been corrected.[30] No dimes had yet been struck at the two western mints. Minting of Barber dimes resumed. After an article quoting Joyce appeared in the press, Von Engelken instructed his staff not to speak to reporters.[10]
The dime was struck in substantial numbers until 1930, with the notable exception of the 1916-D issue and from 1921 to 1923, when an economic downturn caused the need for coins to diminish. No dimes were struck for 1922, the first time since 1826 that this had occurred. With the onset of the Great Depression, mintages dropped again in 1930 and 1931; coinage of dimes was suspended entirely in 1932 and 1933. The low-mintage dates are not rare today as many were hoarded, and 1930- and 1931-dated dimes proved readily available from the banks once the economy improved. With the economy beginning to pick up again, coinage resumed in 1934, and the dime was struck in large numbers each year through the end of the series.[10][37]
The death of President Franklin Roosevelt in April 1945 brought immediate calls for a coin to be issued with his image. As Roosevelt had been closely associated with the March of Dimes, and as the dime's design could be replaced without the need for congressional action as it had been struck for more than 25 years, the Treasury chose that denomination to honor Roosevelt. Mint Chief Engraver John R. Sinnock, Morgan's successor, executed the design featuring Roosevelt, which replaced the Mercury dime in 1946, making 1945 the