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: $1.25 (10/16/2019)
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.


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Price Guide

Last Updated: 8/16/2019

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

1916 D 10C MS
Base $ 890 1470 2875 4125 6750 9150 9500 10400 12100 13000 15000 15150 18250 19400 26500 35500 - - - -
$ - - - - - - - 15250 - 23000 - - - -
1916 D 10C MS Full Bands
Base $ - - - - - 9750 10250 11500 13000 14000 15500 16250 21500 26000 46500 74000 135000 - - -
$ - - - - - - - - 22400 29000 60000 95000 - -

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Total Graded: 4970
Low Grade: PrAg
Average Grade: G
High Grade: 67

The chart showing PrAg series, G series, VG series, F series, VF series, 40 series, 45 series, 50 series, 53 series, 55 series, 58 series, 60 series, 61 series, 62 series, 63 series, 64 series, 65 series, 66 series, 67 series.
NGC CENSUS DETAIL Last Updated: 10/8/2019 1916 D 10C MS
 61 %18 %9 %3 %4 %1 %1 %0 %0 %1 %1 %-0 %0 %0 %0 %0 %0 %---- 
1916 D 10C MS Full Bands
 --------1 %0 %17 %0 %9 %15 %9 %30 %12 %3 %2 %--- 

Auction Prices Realized

A random selection of coins is shown below.

Auction House
Sale / Lot
6/30/1997 NGC MS 64   Full Bands Teletrade Auction 0958, 958/Lot# 1248 $9,116.00
2/10/2008 PCGS G 4   Goldberg February 10-13, 2008 Pre-Long Beach Coin and Currency Auction, 44/Lot# 2036 $1,380.00
9/6/2012 NGC VG 8   Heritage Auctions 2012 September 6-9 US Coins Signature Auction- Long Beach Session(2), 1174/Lot# 3882 $1,175.00
10/17/2012 PCGS VF 20   Stack's Bowers The November 2012 Baltimore Auction - US and World Lots - Live and Internet Only Sessions, 144/Lot# 1420 $3,450.00
12/16/2012 PCGS F 15   David Lawrence Rare Coins Internet Auction # 730, 739/Lot# 2042 $2,550.00
6/8/2014 PCGS   GreatCollections GreatCollections Coin Auctions 06/08/2014, 202/Lot# 198584 $332.29
9/7/2014 PCGS   Full Bands GreatCollections GreatCollections Coin Auctions 09/07/2014, 191/Lot# 179256 $4,700.00
5/31/2015 PCGS AG 3   Heritage Auctions Internet Coin Auction Session(1), 131523/Lot# 23296 $399.50
10/3/2016 PCGS G 4   Heritage Auctions 2016 October 3 - 5 US Coins Signature Auction - Dallas Session(4), 1240/Lot# 7271 $540.50

NGC Registry

NGC Registry Score 1916 10C MS D Prooflike
1916 10C MS D Full Bands
1916 10C MS D Full Bands, Prooflike
1916 10C MS D
Registry Image Gallery
Grade: XF 40
Points: 4246
Owner: Joey1983
Grade: VF 25
Points: 3447
Owner: chris markham
View the Registry Image Gallery

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