Coin Specifications

Category: Mercury Dimes (1916-1945)
Mint: Philadelphia
Mintage: 22,180,080
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 (9/23/2017)
Diameter: 17.8mm
Edge: Reeded
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1916 MERCURY 10C MS obverse 1916 MERCURY 10C MS reverse


  
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Description & Analysis

The U. S. Mint anticipated that dimes of this new type by Adolph A. Weinman would be in mass production by summer at the latest, but this was not to be. As with most of the coin designs created outside of the Mint's own Engraving Department, there were technical issues that had to be addressed, and large scale production did not begin until October. In the meantime, the demand for additional dimes could no longer be ignored, and millions were coined with the 1916 date but carrying Charles Barber's old Liberty Head design.

It was not October 28, 1916 that the new dimes were released to circulation. Both numismatic and general publications had been reporting on these coins for months, and there was a tremendous sense of anticipation when they finally debuted. Reviews were almost universally favorable.

Americans took the new dimes to heart, saving many thousands of them in Mint State condition. This remains a common issue across a broad range of grades, and some truly amazing gems may be found.

Most of these survivors are reasonably well struck, but only a quarter or fewer have fully struck horizontal bands to the fasces, and such coins bring a premium. Often overlooked, however, is that other portions of the design may be weakly struck on a Full Band specimen. Coins saved by non-numismatists often are found with extremely deep toning that ranges from golden brown to nearly black. The finer specimens were most likely in the hands of collectors from the outset.

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 MERCURY 10C MS
  GVGFVFXF505355586061626364656667686970
Base $ 4.50 5.00 6.50 7.50 13.00 23.00 24.00 27.00 29.00 35.00 38.00 43.00 52.00 65.00 115 225 815 - - -
$ - - - - - - - - - 70.00 130 325 - -
1916 MERCURY 10C MS Full Bands
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - 25.00 27.00 29.00 31.00 36.00 42.00 50.00 55.00 80.00 200 380 1350 10500 - -
$ - - - - - - - - - 110 240 430 2450 -

NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 2884
Low Grade: PrAg
Average Grade: 63
High Grade: 68


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
1/9/2006 NGC MS 66   Full Bands Heritage Auctions 2006 January Orlando, FL FUN Online Session #395, 395/Lot# 25721 $373.75
9/10/2006 NGC MS 64   Full Bands Goldberg September 10-13, 2006 Pre-Long Beach Coin and Currency Auction, 37/Lot# 1513 $20,125.00
8/27/2007 NGC MS 65   Full Bands David Lawrence Rare Coins Monday Sale - Internet Auction # 172, 178/Lot# 201 $115.00
3/5/2012 PCGS MS 64   Full Bands Teletrade Auction 3236, 3236/Lot# 1205 $65.00
7/7/2013 PCGS MS 63   GreatCollections GreatCollections Coin Auctions 07/07/2013, 82/Lot# 125012 $62.70
4/17/2015 PCGS MS 65   Full Bands Stack's Bowers iAuction 3530, 6099/Lot# 24057 $129.25
4/27/2016 PCGS MS 67   Full Bands Heritage Auctions 2016 April 27 - May 1 CSNS US Coins Signature Auction - Chicago Session(6), 1234/Lot# 7601 $763.75
12/25/2016 PCGS MS 64   Full Bands Heritage Auctions Internet Coin Auction Session(2), 131701/Lot# 21958 $85.00


NGC Registry

NGC Registry Score 1916 MERCURY 10C MS
 PrAgGVGFVF4045505355586061626364656667686970
Base1216162428507294981111191431551752092554096741521246144688111
13161925355779951021141271471621862243064979561834313056820
00000079951021141271471621862243064979561834313000
000000879710711613515116819824035858612392148379900
1916 MERCURY 10C MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base162020283254811021111191271471711902272784397211605258246558402
1720232939638810511412213415517720224433253310161931327359040
0000008810511412213415517720224433253310161931327300
0000009510811612414016318421526138562713102256396400
1916 MERCURY 10C MS Full Bands
 PrAgGVGFVF4045505355586061626364656667686970
Base162020283254811021111191271471712012203046209582009526457709013
1720232939638810511412213415518120724840973313083094543368510
0000008810511412213415518120724840973313083094543300
0000009510811612414016319121427651584516594179560100
1916 MERCURY 10C MS Full Bands, Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base2024243241598911511912713916318622024433066310182113547659969327
2124273547699811612213114717119722827344178113833234564971060
0000009811612213114717119722827344178113833234564900
00000010611812413515517820923630155290017484355582300
Registry Image Gallery
Grade: MS 68 FB
Points: 5264
Owner: Curry
 
Grade: MS 67 FB
Points: 2009
Owner: AKSHCC
 
View the Registry Image Gallery

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