Oddly enough, the Denver issues are now worth less than Philadelphia in MS–60, apparently indicating that quite a few turned up in the 1960s or 1970s. The 1942/1 overdate Philadelphia coinage was discovered at an early date by sharp-eyed collectors, but the Denver issue was controversial until a sufficient number of high-grade specimens were found.
#MERCURY DIME FULL#
In this condition even common coins bring fair sums of money in comparison to those pieces without Full Split Bands. Dealer advertisements indicate that such-and-such a coin has ‘FSB,’ meaning Full Split Bands. That particular coinage had only 1.5 million coins in all, which accounts for the XF–40 value of $245.įor those who want only the best in their collection, the bands around the fasces on the reverse are the key point. The Soviets are sometimes blamed for this spurious coinage, but it is not clear why anyone would have done it except to make money from the difference between bullion and face value.īeginning in 1924 the coinage of dimes became much stronger and it is only the occasional issue, such as the 1926–S, which is slightly difficult to obtain. Occasionally one sees notice of a 1923–D dime but these are contemporary counterfeits. Those from the parent mint are easily obtained for a reasonable sum. Philadelphia had just over 50 million pieces while San Francisco came through with a respectable 6.4 million. Given the above circumstances, the coinage redesign presented Wilson with an ideal way to state his political views without actually committing himself.ĭime coinage resumed at a reasonable level in 1923, again with only two mints but San Francisco replaced Denver in this instance. Republicans were openly calling for intervention and the 1916 election might well depend on how well Wilson handled this explosive problem. He had sworn to stay out of the conflict yet his narrow victory in the 1912 election, due to a split in the Republican party, had ominous overtones. Fearing war with the United States, the German High Command reluctantly gave in but in 1917 the resumption of these attacks on the high seas led directly to the American declaration of war against Imperial Germany. In August 1914 World War I had broken out in Europe and when McAdoo presented the coinage idea to the President in the latter part of 1915 there was a very real chance that we would become involved in that war.ĭuring 1915 the German U-Boat warfare, which affected neutral shipping, was in high gear and there were constant calls from the public to put an end to this outrage. The two men decided that they would not only strive for high-quality artwork on the coinage but send a message to the world about America and her readiness to fight if necessary. Under ordinary circumstances, of course, the Secretary would have had to go through protocol to see the Chief Executive. Because of this fact, McAdoo no doubt was able to persuade the President to undertake the coinage redesign without a great deal of trouble. McAdoo had a close relationship with the White House for the simple reason that Woodrow Wilson was his father-in-law.
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