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The Mercury Dime, officially known as the Winged Liberty Head Dime, is an iconic piece of American coinage, with the 1917-S issue holding a particularly significant place in its history. An average circulated roll of these dimes, categorized as "Good," represents not only a tangible investment in precious metal but also a connection to the cultural and historical context of early 20th-century America. The 1917-S Mercury Dime reflects the artistic innovation of its time, as well as the societal changes that were unfolding in the nation.
The Mercury Dime series was introduced in 1916, replacing the Barber Dime that had been in circulation since 1892. The new design, created by renowned sculptor Adolph A. Weinman, was part of a broader movement within the U.S. Mint to modernize American coinage. The 1917-S is notable as it marked a continuation of this series and as a product of the San Francisco Mint, known for its high-quality coin production. The introduction of the Mercury Dime came during a period of social change, including the aftermath of World War I, making it a significant piece of currency during a pivotal time in American history.
The design of the 1917-S Mercury Dime is both beautiful and symbolic. The obverse features a striking profile of Lady Liberty, depicted with a winged cap. This cap symbolizes freedom and independence, embodying the ideals of American values. Surrounding her image are the inscriptions "LIBERTY," "IN GOD WE TRUST," and the year of minting, “1917.” The intricate details of Lady Liberty's features showcase the exceptional craftsmanship that was characteristic of U.S. coinage during this period, and her youthful expression captures the optimism of the era.
The reverse side of the coin features a fasces, a bundle of rods tied together, symbolizing strength and unity, alongside an olive branch representing peace. The reverse includes the inscriptions “UNITED STATES OF AMERICA” and “ONE DIME,” which clearly indicate the coin's denomination. This design communicates the themes of power and peace that were relevant during the time, particularly in the context of a nation emerging from the shadows of global conflict. The overall aesthetic of the coin is harmonious and reflects the artistic sensibilities of its time, contributing to its long-lasting appeal.
The 1917-S Mercury Dime was minted at the San Francisco Mint, which has a distinguished history in American coin production. Established in 1937, the San Francisco Mint became a center for minting high-quality coins and played a crucial role in the production of various denominations. The minting process for the Mercury Dime involved refining silver to achieve a purity of .900, which was standard for U.S. coinage. The coins were struck multiple times to ensure that the intricate designs were captured with clarity, resulting in high-quality pieces that collectors highly prize today.
In terms of mintage, the 1917-S Mercury Dime had a total production of approximately 9,030,000 coins. While this figure may seem significant, the 1917-S is still considered relatively rare compared to other dates in the series. The "Good" grade indicates that these coins show significant signs of wear and circulation, with many details softened or partially obscured. Despite this condition, average circulated rolls of 1917-S Mercury Dimes remain highly valued due to their historical significance and the nostalgia associated with the coin.
The significance of the Mercury Dime Average Circulated Roll (Good) 1917-S extends beyond its material attributes; it serves as a historical artifact linking collectors to a transformative moment in American history. The coin embodies the aspirations and resilience of a nation that was rapidly industrializing and expanding its influence both domestically and internationally. Collectors who acquire this roll gain not only a valuable piece of silver but also a tangible connection to the historical context in which it was minted, allowing them to appreciate the broader implications of its design and production.
Additionally, the Mercury Dime series represents a connection to the broader narrative of silver as a trusted form of currency in the United States. Silver has historically been viewed as a safe-haven asset, and the availability of silver coins like the 1917-S provides investors with a reliable means of securing their wealth in a tangible form. This dual nature of the coin—serving as both a historical artifact and a valuable investment—enhances its appeal among numismatists and investors alike.
In conclusion, the Mercury Dime Average Circulated Roll (Good) 1917-S is an exceptional collection of coins that encapsulates the artistic and historical legacy of American numismatics. Its rich history, captivating design, and significance within the Mercury Dime series make it a cherished item for both collectors and investors. By acquiring this roll of coins, individuals can appreciate not only the beauty of the Mercury Dime but also the profound history and cultural heritage it represents within the broader narrative of American society. As interest in collectible coins continues to grow, the 1917-S Mercury Dime remains a timeless testament to the enduring appeal of American coinage.