Expert Comments

Ron Guth

Of the four Dimes of 1906 (P, D, S, and O), the New Orleans Mint version has the smallest mintage.  This makes it a very popular coin with collectors.  In most grades below Mint State, this date carries a strong premium.  However, in Mint State, it is the second most affordable 1906 Dime -- after the 1906-P.  How can a coin with the lowest mintage be one of the least expensive?  It has to do with the survival rate of the coins from each Mint -- a classic example of how supply and demand affect each other.  As the pricing structure indicates, the second most affordable date (the 1906-O) has the second largest population of Mint State coins.  Thus, collectors have the opportunity to choose among scores of nice, Uncirculated 1906-O Dimes, many of them really nice.  For example, the PCGS CoinFacts Condition Census of the top ten examples is almost completely full of MS67's.  Such is not the case with any other 1906 Dime.

The strike quality on the 1906-O Dime is generally quite strong.  However, numerous examples show what are known as "roller marks" (striations in the planchet caused as the strip of silver from which the blanks are punched is rolled out or milled to the proper thickness).  Roller marks should not affect the value of a coin, but they do have a slight impact on the overall grade.  Coins with perfect planchets should be worth a premium.

Diameter
17.90 millimeters
Designer
Charles E. Barber
Edge
Reeded
Mintage
2610000
Weight
2.50 grams
Metal Content
90% Silver, 10% Copper
Region
The United States of America
Pop Higher
0
Pop Lower
308
Price Guide
PCGS Population
Auctions - PCGS Graded
Auctions - NGC Graded

Rarity and Survival Estimates

Grades
65 or Better 8000 R-3.4 34 / 76 TIE 34 / 76 TIE
All Grades 750 R-5.5 49 / 76 TIE 49 / 76 TIE
60 or Better 200 R-7.0 61 / 76 TIE 61 / 76 TIE

Condition Census

Pos Grade Thumbnail Pedigree and History
1 MS67 PCGS grade  
	PCGS #4840 (MS) 67

Bob R. Simpson Collection - Legend Rare Coin Auctions 12/2014:103, $5,053 - Legend Rare Coin Auctions 7/2017:158, $5,758 - Merion Collection (PCGS Set Registry)

1 MS67 PCGS grade  
	PCGS #4840 (MS) 67

Lily Nicole Collection - Heritage 4/2015:3943, $4,817.50

1 MS67 PCGS grade MS67 PCGS grade

Douglas C. Kaselitz Collection - Stack's/Bowers 7/2015:5135, $7,050

1 MS67 PCGS grade MS67 PCGS grade

Heritage 2/2014:3326, $3,995 - Heritage 6/2015:3514, $3,290

1 MS67 PCGS grade  
	MS67 PCGS grade

Nicedimes Collection (PCGS Set Registry) - D.L. Hansen Collection