1916-D Mercury Dime. MS-65+ FB (PCGS).

$52,500

Legendary Key Date 1916-D Mercury Dime in Gem Full Bands

This example of the key-date 1916-D dime offers remarkable Gem Uncirculated quality. Lovely surfaces are dusted with iridescent blue peripheries on the obverse while the reverse offers a rose center and mint green peripheries. The strike is exceptionally sharp throughout and every feature is fully realized, including the all-important central crossbands of the fasces, earning the Full Bands designation from PCGS. Smooth overall and highly appealing, this coin will serve as a highlight in a high grade Mercury dime set. In 1916, Adolph A. Weinman’s Winged Liberty dime design entered production. Over 22 million were coined at Philadelphia and another 10 million at San Francisco that first year and were released to the general public en masse in late October. They circulated widely in both the East and the West. Numismatists sought out high grade examples of the new design and were satisfied. At the Denver Mint, the dime was not one of the Colorado facility’s priority denominations and so when production started, it was not in large numbers. On November 24, the Denver Mint received a large rush order for 4,000,000 quarters of the outgoing Barber type to supplement the roughly 2.5 million already struck. The production of dimes was immediately halted to divert resources towards that effort, by which time only 264,000 dimes of the new design type had come off the press. A legendary key date issue was born.

These few coins were mostly distributed in Montana and the Upper Midwest that November, where not many coin collectors saved the issue, and generally not in high grade. The true rarity of this issue was not revealed until interest in collecting the series by mintmark took off in the 1930s and the hunt was on. Ever since, generations of collectors have searched accumulations of Mercury dimes in the hope of finding this rarity. As most 1916-D dimes saw extensive circulation before they were found by numismatists, even mid-grade examples are challenging to find. Today, most survivors grade no finer than VG. Uncirculated coins are far rarer, and only 1% of the 10,000 coins estimated by PCGS to survive would qualify as Mint State. Of those, only about 10% are graded at the Gem level and above. This standout coin is destined to find a home in the very finest of cabinets.

PCGS# 4907. NGC ID: 23GY.

Out of stock

SKU: A0001202651 Category:

Description

Previous Prices Realized

ImageGradeDescriptionDateRealized
Coin Thumbnail631916-D Mercury Dime. MS-63 FB (PCGS).Mar-15$14,982.43
Coin Thumbnail641916-D Mercury Dime. MS-64 FB (PCGS). CAC.Mar-20$21,600.00
Coin Thumbnail641916-D Mercury Dime. MS-64 FB (PCGS).May-16$15,275.00
Coin Thumbnail641916-D Mercury Dime. MS-64 FB (PCGS). OGH.Jul-15$17,625.00
Coin Thumbnail651916-D Mercury Dime. MS-65 FB (PCGS). CAC.Nov-20$44,400.00
Coin Thumbnail651916-D Mercury Dime. MS-65 FB (PCGS). CAC.Mar-20$45,600.00
Coin Thumbnail651916-D Mercury Dime. MS-65 FB (PCGS).Nov-17$36,000.00
Coin Thumbnail65+1916-D Mercury Dime. MS-65+ FB (PCGS). CAC.Jun-17$58,750.00
Coin Thumbnail661916-D Mercury Dime. MS-66 FB (PCGS).Aug-14$58,750.00
Coin Thumbnail671916-D Mercury Dime. MS-67 FB (PCGS). CAC.Mar-20$204,000.00

** NOTE. All prices realized reflect the final hammer price plus the buyer’s premium. As errors can occur, you should contact each pricing source to determine the accuracy of this information. No item may be returned or refused based on the information provided.

Population Guide

ServiceGradePopulation In This GradePlusPopulation In Higher GradeTotal
PCGS6535337421
NGC6525213217
CAC65

**NOTE. Information listed is intended to be as accurate as possible, and is being provided to our customers as a service. As errors can occur, you should contact each grading service to determine the accuracy of this information. No item may be returned or refused based on the information provided.

PCGS Pop Guide

Type12346810121520253035404545+505353+5555+5858+60616262+6363+6464+6565+6666+6767+6868+6970Total
Base338264623105386106335320491421
Percent0016100021220250804020100

**NOTE. Information listed is intended to be as accurate as possible, and is being provided to our customers as a service. As errors can occur, you should contact PCGS to determine the accuracy of this information. No item may be returned or refused based on the information provided.

NGC Pop Guide

Type12346810121520253035404545+505353+5555+5858+60616262+6363+6464+6565+6666+6767+6868+6970Total
Base2139112030181651252614217
Percent00170091380290110201100
Star0
Total2139112030181651252614217

**NOTE. Information listed is intended to be as accurate as possible, and is being provided to our customers as a service. As errors can occur, you should contact NGC to determine the accuracy of this information. No item may be returned or refused based on the information provided.

CAC Pop Guide

Type12346810121520253035404545+505353+5555+5858+60616262+6363+6464+6565+6666+6767+6868+6970Total
Gold0
Green0

**NOTE. Information listed is intended to be as accurate as possible, and is being provided to our customers as a service. As errors can occur, you should contact CAC to determine the accuracy of this information. No item may be returned or refused based on the information provided.