Coin Specifications

Category: Mercury Dimes (1916-1945)
Mint: Denver
Mintage: 264,000
Obverse Designer: Adolph A. Weinman
Reverse Designer: Adolph A. Weinman
Composition: Silver
Fineness: 0.9000
Weight: 2.5000g
ASW: 0.0723oz
Melt Value: $1.26 (5/26/2017)
Diameter: 17.8mm
Edge: Reeded
Link to this coin

1916 D 10C MS obverse 1916 D 10C MS reverse

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There are no NGC varieties for this coin.

Description & Analysis

This issue has the lowest mintage of any coin in the Winged Liberty Head "Mercury" Dime series. It has therefore gained a mythic reputation as a rarity, when in fact the supply of circulated examples is quite sufficient to meet demand. Mint State specimens would have been great rarities were it not for the hoarding that accompanies all first-year-of-issue coins. It's likely that many persons who saved a fresh example of the new dime had no idea that they were preserving what would become a very low mintage issue.

Shortly after the Denver Mint began production of the new dimes an order was received to suspend this coinage and concentrate on quarter dollars for the remainder of the year, as there existed a great demand for that denomination. Since dies for the new Standing Liberty type weren't ready yet, the Denver Mint struck millions of Charles Barber's old Liberty Head quarters.

1916-D dimes typically are well struck, with good luster and only occasional weakness in their central portions. Thus, most certified Mint State pieces have Full Bands (FB), these being the horizontal pair at the center of the fasces. Ideally, such coins should also be complete at the lower diagonal band, as this is sometimes weakly struck on Mercury Dimes.

Four reverse dies are known for this issue, and two of these feature repunched mintmarks. Due to the high cost of 1916-D dimes in any grade, there has been no interest shown in these varieties, aside from their utility in authentication. This is an important consideration, since the application of a D mintmark to 1916(P) dimes has been a cottage industry for decades. Less common, but also known, are coins that have had their S mintmarks reshaped into a letter D. Professional authentication is thus mandatory in the purchase of any 1916-D dime.


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Price Guide

Last Updated: 4/10/2017

Click on a price to see historical prices, comparison charts and trends.

1916 D 10C MS
Base $ 850 1500 2650 4000 6350 8900 9500 10500 11450 13000 13700 14500 17000 20750 29000 35500 - - - -
$ - - - - - - - 15250 - 23000 - - - -
1916 D 10C MS Full Bands
Base $ - - - - - 9750 10250 11250 13000 14000 15000 16500 18500 23000 50000 80000 138500 - - -
$ - - - - - - - - 20000 29000 56500 105000 - -

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Total Graded: 4425
Low Grade: PrAg
Average Grade: G
High Grade: 67

Upcoming Auctions

Auction Prices Realized

A random selection of coins is shown below.

Auction House
Sale / Lot
5/15/2000 PCGS VF 30   Teletrade Auction 1308, 1308/Lot# 1188 $1,782.00
1/3/2006 NGC XF 45   Heritage Auctions Exclusively Internet Auction #26012, 26012/Lot# 13099 $6,325.00
1/29/2012 PCGS FA 2   Goldberg January 29 - February 1, 2012 The Pre-Long Beach Auction, 67/Lot# 682 $384.00
8/30/2013 PCGS   Stack's Bowers The September 2013 Philadelphia Auction, 195/Lot# 4370 $411.25
3/9/2014 PCGS Genuine G   GreatCollections GreatCollections Coin Auctions 03/09/2014, 167/Lot# 147593 $484.00
3/9/2014 NGC VG 10   GreatCollections GreatCollections Coin Auctions 03/09/2014, 167/Lot# 166494 $1,402.50
12/7/2014 PCGS AU 58   Full Bands David Lawrence Rare Coins Internet Auction # 833, 842/Lot# 147 $11,500.00
7/12/2015 NGC AG 3   Heritage Auctions Internet Coin Auction Session(1), 131529/Lot# 25126 $493.50
4/27/2016 PCGS MS 65   Full Bands Heritage Auctions 2016 April 27 - May 1 CSNS US Coins Signature Auction - Chicago Session(3), 1234/Lot# 4588 $41,125.00

NGC Registry

NGC Registry Score 1916 D 10C MS
1916 D 10C MS Prooflike
1916 D 10C MS Full Bands
1916 D 10C MS Full Bands, Prooflike
Registry Image Gallery
Grade: XF 40
Points: 2495
Owner: Joey1983
Grade: VG 10
Points: 1393
Owner: Tak
View the Registry Image Gallery

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