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“Junk Silver” within the numismatic circle refers to worn circulated silver coins. For example, the US silver cash, minted before 1965, are often known as junk silver coins. These cash have no less than forty% – 90% silver content material, relying on what type of coins. The photographs on my web site present some circulated US Morgan Greenback, Peace dollar, Mercury Dimes, Walkers, Barbers dimes.

As guide, if you are starting to preserve these form of silver coins, look for these with ninety% silver content. I’ve listed some examples right here -

Morgan (1878-1921) – ninety-percent silver, Peace (1921-1928 and 1934-1935) – ninety-percent silver, Liberty Head “Barber” (1892-1915) – 90-p.c silver, Strolling Liberty (1916-1947) – 90-% silver

Although the Mercury Dime is without doubt one of the most popular coins ever produced by the US Mint, most people can’t reply most, if any, of these questions. What number of can you reply?

1. Why is Mercury on a United States coin?

2. Mercury had wings on his sandals, why are there wings on Mercury’s hat?

3. What’s that thing on the back of the coin?

4. What metal is the Mercury Dime made from?

5. What years had been the Mercury Dime produced?

We’ll start with the best question first. Manufacturing of the Mercury Dime began in 1916. The “Merc” changed the Barber Dime, which many individuals thought of to be one of many least attention-grabbing coins ever produced. The US Mint continued making the Mercury Dime by 1945, by which time greater than 2.6 billion of the coins had been struck.

The coin measures 17.9 millimeters in diameter, and weighs in at 2.5 grams. It’s product of ninety% silver and 10% copper. Because of this in every Mercury Dime there are 0.0723 Troy ounces of silver. So even a damaged Mercury Dime is price greater than ten cents!

Now let’s soar to the biggest false impression about the coin. I hope you’re sitting down, as a result of this will likely come as quite a shock to you.

It’s not Mercury.

The obverse (heads) side of the coin really portrays the goddess Liberty. The wings on Liberty’s cap symbolized freedom of thought. The coin’s designer, Adolph Alexander Weinman, had created a sculpture of Elsie Kachel Stevens years earlier. Although it’s not sure, most individuals consider that the portrait of Liberty relies on that work.

The reverse (tails) of the coin consists of a Fasces, which is an axe the deal with of which has been surrounded with a tied bundle of sticks, and an olive branch. The Fasces symbolizes the fact that though a single stick may be simply broken, sure collectively they’re far stronger than any one in every of them. In the same way, the states bound themselves collectively to kind a powerful Union. The axe signifies that the nation is ready for whatever army challenges might come its approach, however the olive department signifies the desire for peace.

After the demise of President Franklin D. Roosevelt, in 1945, the nation clamored for some sort of memorial to the person who had led the nation via World Warfare II. It was determined that the design of the dime would be changed to honor FDR. The Roosevelt Dime made its first appearance in 1946.

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