The 1916-D Mercury dime, minted in Denver, is one of the most valuable dimes for collectors. The coin’s rarity, design, and condition make it highly sought after, especially if it has a specific detail on the back called the “Full Bands.” This detail increases its worth dramatically. If you come across a 1916-D dime, checking for this unique mark could mean a significant payout for collectors, sometimes up to $18,000.
What Makes the 1916-D Mercury Dime Special?
The Mercury dime series ran from 1916 to 1945, known for its elegant design and rich history. Among the coins in this series, the 1916-D dime is a key date due to its limited mintage at the Denver Mint. Since only a small number of these dimes were produced, the 1916-D has become rare and valuable, especially if it features a sharp Full Bands detail on the reverse side. This error, indicating a high level of craftsmanship, makes it more attractive and valuable to collectors.
What is the Full Bands Detail?
The Full Bands detail refers to the sharply struck, separated horizontal bands on the bundle of rods shown on the back of the Mercury dime. Only the most precisely struck coins feature this detail. Coins with this Full Bands designation are highly prized and command a premium in the market. The Full Bands feature typically indicates the coin is in excellent condition, as it requires strong visual appeal, vibrant toning, and minimal abrasions.
Table: Quick Facts on the 1916-D Mercury Dime with Full Bands
| Feature | Details |
|---|---|
| Mint | Denver |
| Weight | 2.49 grams |
| Composition | 90% Silver, 10% Copper |
| PCGS Number | 4907 |
| Estimated Value | Up to $18,000 (with Full Bands) |
| Condition to Look For | MS61 Full Bands |
Affordable Yet Valuable: MS61 Grade Full Bands Dimes
While higher-grade 1916-D dimes with Full Bands, graded MS63 or MS65, can be very costly, a MS61 Full Bands grade offers a more affordable option for collectors. These coins balance good visual appeal with a lower price, making them popular among collectors. An MS61 Full Bands 1916-D Mercury dime can feature attractive toning and sharp details, adding to its collectible value without the extreme price tag of higher-grade examples.
Patience and Value in Collecting Full Bands Dimes
Because finding a 1916-D Mercury dime with Full Bands is a challenge, collectors often need to be patient when looking for this rare coin. For collectors, spotting a 1916-D dime with this unique detail can be a rewarding experience. This coin can be a valuable prize in any collection, symbolizing both the history of U.S. coinage and the thrill of finding something rare and unique.
FAQ’s
What makes the 1916-D Mercury dime valuable?
Its rarity, historical importance, and Full Bands detail make it highly valuable.
How can I tell if a 1916-D dime has Full Bands?
Look for sharp, separated bands on the bundle of rods on the coin’s reverse side.
Is an MS61 Full Bands dime worth collecting?
Yes, it combines good visual appeal and rarity, making it popular with collectors.