1942 US SILVER PROOF SET PCGS PR64-66 6 PIECE 1c 5c 5c 10c 25c 50c RARE

  

Authenticated & Graded by PCGS: PR-64/PR-66. ALL SIX COINS ARE CAC CERTIFIED!!!

1942 US Mint Proof Set. The 1942 Proof Set was the final set to be produced by the United States Mint before the war caused another suspension in production. The mintage's for the proof coins reached their highest levels to date & a change in composition provided a sixth coin for collectors this year. The Philadelphia Mint continued to handle production of the collector coins, striking proof versions of the Lincoln Cent, Jefferson Nickel, Mercury Dime, Washington Quarter & Walking Liberty Half Dollar. Towards the end of the year, the composition of the nickel was changed to 56% copper, 35% silver & 9% manganese in order to conserve strategic metals for the war effort. Proof coins were struck with both the original and new silver compositions. The mintage for the 1942 Proof Set is generally stated as 21,120, which is the equal to the lowest mintage for an individual proof coin of the year. The 1942 proof coins are found mostly with brilliant proof finishes. It is extremely rare to encounter coins with cameo proof devices & only a handful of coins exist that have been certified as such.

The complete sets included the Jefferson Nickel struck under the original composition, while the 35% silver version was offered separately late in the year. Although the US Mint did not offer complete 6 coin sets, including both versions of the nickel, these became popular on the secondary market.

No proof coins would be struck during the years 1943 to 1949. Initially, the delay was caused by the second World War & later the US Mint would be busy striking millions of medals for military awards.

The 1950 Proof Set would eventually mark the return of the collector product that continued to grow in popularity. Please examine the pictures above as they are a part of the description.

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The American Silver Eagle was first released by the United States Mint on November 24, 1986. It is struck only in the one-troy ounce size, which has a nominal face value of one dollar & is guaranteed to contain one troy ounce of 99.9% pure silver. It is authorized by Title II of Public Law 99-61 (Liberty Coin Act, approved July 9, 1985) & codified as 31 U. § 5112(e)-(h).

Its content, weight & purity are certified by the United States Mint. The American Silver Eagle has been produced at three mints: the Philadelphia Mint, San Francisco Mint & West Point Mint. The American Silver Eagle bullion coin may be used to fund Individual Retirement Account investments.

The design on the coin's obverse was taken from the "Walking Liberty" design by Adolph A. Weinman, which originally had been used on the Walking Liberty Half Dollar coin of the United States from 1916 to 1947. As this iconic design had been a public favorite & one of the most beloved designs of any United States coinage of modern times, silver or otherwise, it was revived for the American Silver Eagle decades later.

The obverse is inscribed with the year of minting or issuance, the word "LIBERTY" & the phrase. The reverse was designed by John Mercanti & portrays a heraldic eagle behind a shield; the eagle grasps an olive branch in its right talon & arrows in its left talon, echoing the Great Seal of the United States; above the eagle are thirteen five-pointed stars representing the Thirteen Colonies. The reverse is inscribed with the phrases "UNITED STATES OF AMERICA", 1 OZ.

FINE SILVERONE DOLLAR" & "E PLURIBUS UNUM (on the banner that the eagle holds in its beak), as well as the mintmark, if applicable. This is their legal value reflecting their issue and monetization as coins. § 5112(h), the coins are legal tender for all debts public and private at their face value. This value does not reflect their intrinsic value which is much greater & is dictated by the silver content and the spot price. The item "1942 US SILVER PROOF SET PCGS PR64-66 6 PIECE 1c 5c 5c 10c 25c 50c RARE" is in sale since Friday, July 28, 2017. This item is in the category "Coins & Paper Money\Coins\ US\Proof Sets".

The seller is "eastern_liquidator" and is located in Feasterville-Trevose, Pennsylvania. This item can be shipped to United States.

• Grade: PR 64-66
• Certification: PCGS
• Composition: Silver
• Denomination: 1c 5c 5c 10c 25c 50c
• Year: 1942
• Type: Proof Set
• Material: Silver
• Strike Type: Proof
• Country/Region of Manufacture: United States
• Circulated/Uncirculated: Uncirculated
• Mint Location: Philadelphia