1916-D 10C MS64

CERTIFICATION#: -38926
PCGS#: 4906

Owner's Comments

Estimated grade. Sold by B. Max Mehl Jun '41 price realized $20

Expert Comments

David Hall: The 1916-D Mercury dime is one of the most heralded key dates of 20th century numismatics. If you collected coins in the 1950s or 1960s, you dreamed of finding a 1916-D dime...or a 1909-S VDB or 1914-D Lincoln cent, or 1932-D or 1932-S quarter...in circualtion. And I certainly did have that dream as a young pre-teen coin collector.

The 1916-D is rare in all grades. Walter Breen has written that mint production of dimes in Denver in 1916 was stopped so that personnel could devote full time to making quarters. The original mintage of 264,000 for the 1916-D is by far the lowest of the Mercury dime series. For comparision, the mintage of the 1916 was 22,180,080 and the mintage for the 1916-S was 10,450,000. The 1916-D is an extremely high demand coin in all grades and even very low grade examples sell for in excess of $1,000.

The 1916-D is rare in mint state and very rare in Gem condition. The strike is usually very sharp and I'd estimated that 80% of more of the mint state survivors have fully struck crossbands. Luster is typically modest. Many examples have some degree of toning.

Note that this is one of the most counterfeited of all U.S. rare coins. The bad guys add a "D" to a 1916 Philadelphia. I have seen counterfeits in all grades and PCGS sees an average of 5 to 10 counterfeits a week. Needless to say, third party authentication is highly recommended.

 

 

 

 

Diameter: 17.90 millimeters Designer: Adolph Alexander Weinman Edge: Reeded
Mintage: 264,000 Weight: 2.50 grams Metal Content: 90% Silver, 10% Copper
45+
7,000
50+
8,250
53+
9,000
55+
10,000
58+
11,200
61
13,000
2
62+
14,300
63+
16,500
64+
22,000
65+
28,000
66
35,000
1

Rarity and Survival Estimates

Grades Survival Estimate Numismatic Rarity Relative Rarity by Type Relative Rarity by Series
All Grades 10,000 R-3.0 40 / 80 TIE 40 / 80 TIE
60 or Better 100 R-8.0 3 / 80 3 / 80
65 or Better 10 R-9.5 2 / 80 TIE 2 / 80 TIE

Condition Census

Pos Grade Thumbnail Pedigree and History
1 MS66 PCGS grade  
2 MS65 PCGS grade  
2 MS65 PCGS grade  
2 MS65 PCGS grade  
2 MS65 PCGS grade