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: $1.23 (10/18/2017)
Diameter: 17.8mm
Edge: Reeded
Link to this coin

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


  
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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.

Note: This coin is commonly targeted by counterfeiters. Learn more here.

GRADE SUMMARY

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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
  GVGFVFXF505355586061626364656667686970
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
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - 9750 10250 11250 13000 14000 15000 16500 18500 23000 50000 80000 138500 - - -
$ - - - - - - - - 20000 29000 56500 105000 - -

NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 4523
Low Grade: PrAg
Average Grade: G
High Grade: 67


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
4/26/2010 NGC AG 3   Teletrade Auction 2844, 2844/Lot# 1452 $488.75
1/29/2012 PCGS AG 3   Goldberg January 29 - February 1, 2012 The Pre-Long Beach Auction, 67/Lot# 680 $575.00
12/30/2012 PCGS G 4   Heritage Auctions Internet Coin Auction Session(1), 131302/Lot# 26075 $763.75
5/19/2014 PCGS AG 3   Stack's Bowers iAuction 3482, 6031/Lot# 20133 $446.50
6/8/2014 PCGS   GreatCollections GreatCollections Coin Auctions 06/08/2014, 202/Lot# 198584 $332.29
10/19/2014 PCGS VF 25   David Lawrence Rare Coins Internet Auction # 826, 835/Lot# 80 $4,225.00
1/29/2015 PCGS G 6   Heritage Auctions 2015 January 29 - February 1 Long Beach Expo US Coins Signature Auction - Long Beach Session(4), 1217/Lot# 7326 $940.00


NGC Registry

NGC Registry Score 1916 10C MS D Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base125616442233296836014427475651045212541756745836600761696513717781448772922796991229315881
138518402478317938764537487251405280550357285893606162846734749983538924938410564134890
00000048725140528055035728589360616284673474998353892493841056400
00000049885176534955885782595061156398695678228563907595421142800
1916 10C MS D Full Bands
 PrAgGVGFVF4045505355586061626364656667686970
Base130316442233296836014427475651045212541757475922608963246616719895881129413559151304278870049
141718402478317938764537487251405280552758055978616764216810799510157120491408324349518750
00000048725140528055275805597861676421681079951015712049140832434900
00000049885176534956375864603362466519700487911072512804146063356900
1916 10C MS D Full Bands, Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base137917342345310737614614495253115422563359736153632465676866746599181166513984155914378071477
149719382599332540454727507253485492574660336210640566677066828310500124381452024987530120
00000050725348549257466033621064056667706682831050012438145202498700
00000051915385556358606093626764866766726591001108313211150553438400
1916 10C MS D
 PrAgGVGFVF4045505355586061626364656667686970
Base118615582124283434474246456549125049526454565747587160076400691878598472891593761190715414
131017472361303837134352468149585121532855535788591661386573723280638620906910220130760
00000046814958512153285553578859166138657372328063862090691022000
00000047965003519253925650583059626269674575458268876792221106300
Registry Image Gallery
Grade: XF 40
Points: 4246
Owner: Joey1983
 
Grade: VG 10
Points: 2124
Owner: Tak
 
View the Registry Image Gallery

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