The 1916 (d) Denver Mercury dime was minted in seriously limited conditions! Just 264 thousand. If you happen to find one in a drawer or garage sale, grab that coin and head for the hills, you have just hit the jack pot. The Barber Dime is a classic American coin — part of a collection of dimes, quarters, and half dollars designed by Charles Barber, U.S. Mint Chief Engraver from 1879 to 1917. The Barber Dime replaced the Seated Liberty Dime in 1892 and was followed by the Mercury Dime in 1916.
The 1916-D Mercury Dime is one of the most counterfeited/altered coins on the market.I heard something from a coin dealer, not long ago, regarding the big silver rise of 1979-80. They stated that other melters (themselves included) estimated over 750,000 'full' sets of Mercury Dimes were bought in to be melted. Strangely enough though, there were only 264,000 made.. and this was over 30 years ago! Now I will admit I do have my doubts that it was that high, but it is still an unsettling figure.
In grades Good or better, it is quite easy to discern between the good and the bad. It is the low grade that can be very tricky.
In 1916, The United States Mint embarked on a new Liberty design for the dime, a denomination that had depicted an image of Lady Liberty since 1796. 1916 1916 was the last year of the Barber dime series, which was designed by namesake U.S. Mint Chief Engraver Charles E. Barber and first officially struck in 1892. With 25 production years behind it, the Barber dime was now eligible for redesign, and that was precisely what would happen.
The Coin pictured below was graded F-15 by PCGS. Notice the shape of the D, the top and bottom of the letter are parallel. Also note how the inside of the D has a triangle pattern shape as illustrated.
As I mentioned before, it is the lower grades, About Good or worse, which can be difficult. The coin below was graded as a 1916-D 10c AG03 by ANACS. Many of the early dimes are worn past the rim and into the lettering/mintmark. A 1916-D Mercury Dime in this condition gives many numismatists problems.
The following coin has an altered mintmark according to NGC. The D is deformed compared to the D in the first picture. Without proper magnification, this coin would fool many people.
CoinTrackers.com has estimated the 1916 Mercury Dime value at an average of $3, one in certified mint state (MS+) could be worth $195. (see details)..
Type:Mercury Dime
Year:1916
Mint Mark: No mint mark
Face Value: 0.10 USD
Total Produced: 22,180,000 [?]
Silver Content: 90%
Silver Weight: .0723 oz.
Silver Melt: $1.97
Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around $3, while one in certified mint state (MS+) condition could bring as much as $195 at auction. This price does not reference any standard coin grading scale. So when we say average, we mean in a similar condition to other coins issued in 1916, and mint state meaning it is certified MS+ by one of the top coin grading companies. [?].
Additional Info: 1916 was the 1st year that the Mercury (actually named the Winged Liberty) dimes were minted. These beautiful dimes are 90% silver. If a mint mark was placed it would be on the reverse, near the word 'one' but you wont find one on this coin as it was minted in Philadelphia. Fully struck versions of this coin worth more.
Numismatic vs Intrinsic Value:This coin in poor condition is still worth $1.03 more than the intrinsic value from silver content of $1.97, this coin is thus more valuable to a collector than to a silver bug. Coins worth more to a collectors may be a better long term investment. If the metal prices drop you will still have a coin that a numismatic would want to buy.
1916 Dime Barber
Want more info? Then read Coin Collecting Investment an article that details the benifits of coin collecting as a way to build wealth. Also learn how to properly store your coins.
Current silver melt value* for a 1916 No mint mark is $1.97 and this price is based off the current silver spot price of $27.22 This value is dynamic so bookmark it and comeback for an up to the minute silver melt value.
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All US Dimes
Most Valuable Coins by Type..
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1916 Dime Ngc
**When we say that 22,180,000, of these coins were produced or minted in 1916 this number doesn't always match the actual circulation count for this coin. The numbers come from the United States mint, and they don't reflect coins that have been melted, destroyed, or those that have never been released. Please keep that in mind.
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***Price subject to standard supply and demand laws, dealer premiums, and other market variations. Prices represent past values fetched at online auctions, estate sales, certified coins being sold by dealers, and user submitted values. While we wholeheartedly try to give honest price estimates there are many factors besides appearance, metal content, and rarity that help make up the coins overall value.Call or visit your local coin dealer for more information.
In 1916, The United States Mint embarked on a new Liberty design for the dime, a denomination that had depicted an image of Lady Liberty since 1796. 1916 1916 was the last year of the Barber dime series, which was designed by namesake U.S. Mint Chief Engraver Charles E. Barber and first officially struck in 1892. With 25 production years behind it, the Barber dime was now eligible for redesign, and that was precisely what would happen.
The Coin pictured below was graded F-15 by PCGS. Notice the shape of the D, the top and bottom of the letter are parallel. Also note how the inside of the D has a triangle pattern shape as illustrated.
As I mentioned before, it is the lower grades, About Good or worse, which can be difficult. The coin below was graded as a 1916-D 10c AG03 by ANACS. Many of the early dimes are worn past the rim and into the lettering/mintmark. A 1916-D Mercury Dime in this condition gives many numismatists problems.
The following coin has an altered mintmark according to NGC. The D is deformed compared to the D in the first picture. Without proper magnification, this coin would fool many people.
CoinTrackers.com has estimated the 1916 Mercury Dime value at an average of $3, one in certified mint state (MS+) could be worth $195. (see details)..
Type:Mercury Dime
Year:1916
Mint Mark: No mint mark
Face Value: 0.10 USD
Total Produced: 22,180,000 [?]
Silver Content: 90%
Silver Weight: .0723 oz.
Silver Melt: $1.97
Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around $3, while one in certified mint state (MS+) condition could bring as much as $195 at auction. This price does not reference any standard coin grading scale. So when we say average, we mean in a similar condition to other coins issued in 1916, and mint state meaning it is certified MS+ by one of the top coin grading companies. [?].
Additional Info: 1916 was the 1st year that the Mercury (actually named the Winged Liberty) dimes were minted. These beautiful dimes are 90% silver. If a mint mark was placed it would be on the reverse, near the word 'one' but you wont find one on this coin as it was minted in Philadelphia. Fully struck versions of this coin worth more.
Numismatic vs Intrinsic Value:This coin in poor condition is still worth $1.03 more than the intrinsic value from silver content of $1.97, this coin is thus more valuable to a collector than to a silver bug. Coins worth more to a collectors may be a better long term investment. If the metal prices drop you will still have a coin that a numismatic would want to buy.
1916 Dime Barber
Want more info? Then read Coin Collecting Investment an article that details the benifits of coin collecting as a way to build wealth. Also learn how to properly store your coins.
Current silver melt value* for a 1916 No mint mark is $1.97 and this price is based off the current silver spot price of $27.22 This value is dynamic so bookmark it and comeback for an up to the minute silver melt value.
Want to join CoinTrackers and Track Your Coins 100% FREE?
More of the Same
All US Dimes
Most Valuable Coins by Type..
[Top of Page]
1916 Dime Ngc
**When we say that 22,180,000, of these coins were produced or minted in 1916 this number doesn't always match the actual circulation count for this coin. The numbers come from the United States mint, and they don't reflect coins that have been melted, destroyed, or those that have never been released. Please keep that in mind.
[Top of Page]
***Price subject to standard supply and demand laws, dealer premiums, and other market variations. Prices represent past values fetched at online auctions, estate sales, certified coins being sold by dealers, and user submitted values. While we wholeheartedly try to give honest price estimates there are many factors besides appearance, metal content, and rarity that help make up the coins overall value.Call or visit your local coin dealer for more information.
We use user submitted pictures please read that article if you are interested in adding your own.
1916 Dime Values
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