1916-D 10C MS(PCGS#4906)

November 2020 U.S. Coins Auction

拍卖行

Stack's Bowers

批号

9104

等级

MS65

价格

173,108

详细说明

Highly Significant Gem Mint State 1916-D Mercury Dime 1916-D Mercury Dime. MS-65 (PCGS). This example of the key-date 1916-D dime offers remarkable Gem Uncirculated quality. Lovely surfaces are dusted with iridescent champagne-pink toning that is so light that the coin looks nearly brilliant. The strike is sharp and, were it not for a tiny, ill-placed vertical mark over the central crossbands of the fasces, PCGS would likely have included a Full Bands designation as part of the grade. 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 Population: 5; with a single MS-66 finer in this category. PCGS# 4906. NGC ID: 23GY. Click here for certification details from PCGS. Image with the PCGS TrueView logo is obtained from and is subject to a license agreement with Collectors Universe, Inc. and its divisions PCGS and PSA.