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Do you know something about 1916-D Mercury Dime - a coin, fascinating collectors all over the world? Its rarity, history and high price in the market make this coin a true legend. But along with the desire to own this rare specimen comes the risk of coming across a 1916 D Mercury dime fake, as this coin is one of the most frequently counterfeited.
This fact is quite intriguing, right? Let's find out what makes the coin so special and desirable, go into the details and nuances of the issue and learn how the AI coin identifier can be useful to accurately determine other coins or 1916 D Mercury dime value.
Brief Ordinary Mercury Dime Overview for Collectors
A Few Words about the Story and Design
The Mercury Dime was first issued in 1916 and immediately stood out for its unusual design. This dime was designed by the famous sculptor Adolph Weinman. It quickly became a favorite among citizens because it satisfied the universal desire to see symbols of freedom on the coin.
Main Characteristics of the Coin
Characteristics | Description |
Design | The obverse of the coin depicts a female head of Liberty wearing a winged helmet symbolizing freedom of thought. The inscription “LIBERTY” covers the top edge of the coin and below the head is the motto “IN GOD WE TRUST” and the year of issue. |
The reverse side depicts a fascium, i.e. a bundle of rods with an axe (an ancient Roman symbol of power and unity) wrapped around an olive branch (a symbol of peace). Next to the rods is the famous motto “E PLURIBUS UNUM”. Around the circumference are the inscriptions “UNITED STATES OF AMERICA” and “ONE DIME”. | |
Diameter | 17.9 mm |
Weight | 2.5 g |
Metal | 90% silver, 10% copper |
Minting Figures | 22,180,080 for Philadelphia |
10, 450, 000 for San Francisco | |
264,000 for Denver |
Use of the dime in circulation continued without incident. The design had no problems with striking design (like the everlasting Canadian coins of Queen Elizabeth). Although experts may be puzzled to find a perfectly minted specimen with Full Split Bands on the reverse, so overall, the Mercury dime was an elegant, practical, and well-loved coin that fulfilled its purpose and raised the image of American money.
Mercury Dime 1916 D Mint Mark: The Rise of a Legend
First of all, 1916 is a special date for the Mercury Dime, which is considered a “key date” in the history of this coin. By the term “key date” numismatists mean the year of issue of a coin that is particularly valuable or rare compared to other issues. In the case of the Mercury Dime, this key date status belongs specifically to the 1916 coin, and specifically its Denver issue with the “D” mintmark.
Issued in Denver in 1916, the Mercury Dime with a “D” is one of the rarest coins. 1916 D Mercury dime mintage figures are 264,000 pieces, which is extremely surprising compared to its Philadelphia and San Francisco counterparts. Combined, the low mintage, the difficulty in finding high grade specimens and the constant demand raise its value to impressive sums.
How Much Are 1916-D Mercury Dime Worth?
Depending on the condition, the price of a 1916 D Mercury Dime at auction (where you can sometimes find 1916 D Mercury dime for sale) can range from a few thousand dollars to significant amounts. As the rarity and demand for 1916 D Mercury Dime continues to increase, its price also increases, making it a solid long-term investment.
Grade | Estimated Value (USD) |
Good (G-4) | $1,500 - $2,000 |
Very Good (VG-8) | $3,000 - $4,000 |
Fine (F-12) | $5,000 - $6,500 |
Very Fine (VF-20) | $8,000 - $10,000 |
Extremely Fine (EF-40) | $12,000 - $15,000 |
About Uncirculated (AU-50) | $20,000 - $25,000 |
Mint State (MS-60+) | $30,000 + |
1916-D Mercury Dime Counterfeit Detection: How to Identify the True Coin
The 1916-D Mercury Dime is not only one of the rarest, but also one of the most frequently counterfeited coins. Its high price and rarity made it a target for fakers, creating copies using a variety of methods.
Why are 1916-D counterfeits?
Unfortunately, high value and collector appeal are responsible for the emergence of 1916 D Mercury dime counterfeits and the desire of some to capitalize on fakes. You can find many specimens on the market that were altered to look like a rare Denver coin.
There are several popular methods of counterfeiting:
Counterfeiters often manually add the letter “D” to the reverse of a Philadelphia coin. However, true collectors know that such “engraving” often has an unnatural appearance.
Some fraudsters try to create copies from cheaper materials or add silver to common coins to give them the “correct” weight and luster.
Don't Be Fooled: Be Attentive to Details
To avoid mistakes and protect yourself from buying a fake, follow these tips. Purchasing an authentic 1916-D Mercury Dime requires knowledge of the details.
What do I need to look for to identify the genuine version?
Check the mint mark
D Mercury dime mint mark positions on the reverse, near the bottom of the flare. The mark should look clear and be slightly recessed into the surface of the coin, not overlaid or poorly applied. If the mark has an indistinct shape, the letter is too small or, on the contrary, too large compared to the original, you have probably encountered a fake.
Metal hue and processing signs
Counterfeit coins often have an uneven hue around the “D” sign. Pay attention if the letter appears too bright or dark compared to the rest of the coin.
Tip: When examining a coin, use good lighting and a quality magnifying glass - this will help to distinguish fine details and identify any signs of additions or alterations on the coin. In addition, when buying a rare coin, it is always a good idea to consult certified appraisers (such as PCGS and NGC) or use modern technology. The Coin ID Scanner app can be a reliable aid in identifying and appraising any coin, even the 1942 Half Dollar coin. Due to using the app you can quickly identify the main characteristics of the coin and check the rare specimen database, and even verify the market value of the coin.
A Coin for Experienced Eyes
The 1916-D Mercury Dime is a coin that is more than just a grace collectible, it also challenges the attentiveness and expertise of collectors. Its rarity and value made it a target for counterfeiting, making finding an authentic piece a real test. Stay alert, educate yourself and trust only proven sources, because, as in any hobby, the most interesting finds go to those who can see the essence behind the surface.
Sources:
1. https://coinweek.com/1916-d-mercury-dime-collectors-guide/