1916 Dime
4/15/2022 admin
The Barber Dime is a classic American coin — part of a collection of dimes, quarters, and half dollars designed by Charles Barber, U.S. Mint Chief Engraver from 1879 to 1917. The Barber Dime replaced the Seated Liberty Dime in 1892 and was followed by the Mercury Dime in 1916. $1.9502 is the rounded silver value for the 1892-1916 silver dime on February 05, 2021. This is usually the value used by coin dealers when selling these coins at melt value. However, the total melt value is continued below. Calculate 10% copper value: (3.5909 ×.2 × 2.5 ×.10) = $0.0019790 3. Add the two together.
CoinTrackers.com has estimated the 1916 Mercury Dime value at an average of $3, one in certified mint state (MS+) could be worth $195. (see details)...
Type:Mercury Dime
Year:1916
Mint Mark: No mint mark
Face Value: 0.10 USD
Total Produced: 22,180,000 [?]
Silver Content: 90%
Silver Weight: .0723 oz.
Silver Melt: $1.97
Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around $3, while one in certified mint state (MS+) condition could bring as much as $195 at auction. This price does not reference any standard coin grading scale. So when we say average, we mean in a similar condition to other coins issued in 1916, and mint state meaning it is certified MS+ by one of the top coin grading companies. [?].
Additional Info: 1916 was the 1st year that the Mercury (actually named the Winged Liberty) dimes were minted. These beautiful dimes are 90% silver. If a mint mark was placed it would be on the reverse, near the word 'one' but you wont find one on this coin as it was minted in Philadelphia. Fully struck versions of this coin worth more.
Numismatic vs Intrinsic Value:This coin in poor condition is still worth $1.03 more than the intrinsic value from silver content of $1.97, this coin is thus more valuable to a collector than to a silver bug. Coins worth more to a collectors may be a better long term investment. If the metal prices drop you will still have a coin that a numismatic would want to buy.
Want more info? Then read Coin Collecting Investment an article that details the benifits of coin collecting as a way to build wealth. Also learn how to properly store your coins.
Current silver melt value* for a 1916 No mint mark is $1.97 and this price is based off the current silver spot price of $27.22 This value is dynamic so bookmark it and comeback for an up to the minute silver melt value.
1916 Dime Values
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**When we say that 22,180,000, of these coins were produced or minted in 1916 this number doesn't always match the actual circulation count for this coin. The numbers come from the United States mint, and they don't reflect coins that have been melted, destroyed, or those that have never been released. Please keep that in mind.
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1916 Dime Worth
***Price subject to standard supply and demand laws, dealer premiums, and other market variations. Prices represent past values fetched at online auctions, estate sales, certified coins being sold by dealers, and user submitted values. While we wholeheartedly try to give honest price estimates there are many factors besides appearance, metal content, and rarity that help make up the coins overall value.Call or visit your local coin dealer for more information.
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1916 Dime D
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