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I would have to see a picture, but likely someone put the "V" there after it left the mint which would make it post mint damage. That date is very common and has a silver value of less than $1.50 based on today's market (1-2-14).

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Q: What is the value of a 1942 mercury dime with a V stamped on mercury's head?
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What is the value of a 1942 mercury nickel?

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