History and Significance
The 1916-D Mercury Dime is one of the most coveted key-date coins in American numismatics. Struck in Denver, this dime had a limited mintage of only 264,000 pieces, making it the lowest mintage in the entire Mercury Dime series (1916-1945). Designed by Adolph A. Weinman, the iconic coin features the Winged Liberty Head, often mistaken for the Roman god Mercury, symbolizing freedom of thought.
How Rare is the 1916-D Mercury Dime?
Its rarity is attributed to the limited production, as the Denver Mint primarily focused on striking quarters that year. Additionally, many of these dimes entered circulation and were heavily used, making high-quality examples even scarcer today.
How Much Is The 1916-D Dime Worth Today?
High grade examples with minimal imperfections of the 1916-D Mercury Dime are exceptionally valuable, with uncirculated pieces commanding tens of thousands at auction. Even well worn examples of the 1916-D Dime sell for hundreds to thousands of dollars due to collector demand.
Is the 1916-D Mercury Dime Silver?
What's the precious metal composition? This legendary dime is composed of 90% silver and 10% copper, with a weight of 2.5 grams. Its physical silver weight gives it significant intrinsic value beyond just numismatic appeal.
Identifying Genuine 1916-D Dimes
The most notable feature is the small "D" mintmark on the reverse side of the coin, below the fasces. Due to extensive counterfeiting, authentication by professional coin grading services is crucial before investing. The over 100 year old coin 1916-D Mercury Dime remains a prized acquisition for serious collectors and is a testament to early 20th-century coin artistry.