1942 Proof Mercury Dime

Coin Details

Auction Record

$37,600 PR69 06-07-2015 Heritage Auctions

Description

The 1942 Proof Mercury Dime is a proof dime struck at the Philadelphia Mint, part of the Mercury Dimes 1916-1945 series. With a mintage of 22,329, this is an extremely rare issue — the lowest mintage among 5 mint variants, representing only less than 1% of total production. The obverse features young Liberty wearing a winged Phrygian cap, symbolizing freedom of thought — often called the "Mercury" dime despite not depicting the Roman god and the reverse displays a Roman fasces — a bundle of rods with an axe — entwined with an olive branch, symbolizing strength through unity tempered by peace. The 1942/1 and 1942/1-D overdates are famous varieties created when 1941-dated dies were re-engraved for 1942 production. As a proof issue, this coin was struck multiple times on specially prepared polished planchets using polished dies, producing mirror-like fields and frosted design elements prized by collectors. Struck at the original U.S. Mint facility, in continuous operation since 1792. Estimated market value is approximately $228. Struck in 90% silver, 10% copper, weighing 2.5 grams, 17.9 mm in diameter, with a reeded edge. Cataloged as PCGS #5077.