1916 Mercury Dime Value Guide

- Period
- 1916
- Origin
- United States
- Materials
- Silver, Copper
- Category
- Mercury dime
The 1916 Mercury Dime marks the inaugural year of Adolph A. Weinman's iconic Winged Liberty Head design, celebrated as one of the most beautiful coins in American history. While common in circulated grades, this first-year issue is a cornerstone for any US type set collector due to its historical transition from the Barber series.
What Is 1916 Mercury Dime Worth?
The typical price range for 1916 Mercury Dime is $20 - $24 based on recent sales. However, values can vary depending on the item's condition, rarity, and other factors such as:
- The presence of a mint mark on the reverse, specifically the 'D' for Denver, which exponentially increases value.
- Overall strike quality and the visibility of the 'Full Bands' on the fasces on the reverse side.
- Surface preservation, including the lack of heavy scratches, cleaning marks, or significant environmental damage.
- Current market demand for first-year-of-issue silver coinage in the $20 to $24 price bracket.
How to Identify 1916 Mercury Dime?
- Look for the designer's initials 'AW' located on the obverse, tucked behind the neck of Lady Liberty.
- Verify the date '1916' on the lower left obverse; it should be crisp even in circulated conditions.
- Examine the reverse for a 'D' mint mark near the rim; while this specific item is valued as a common Philadelphia strike, a 'D' would indicate the ultra-rare Denver variety.
- Confirm the composition is 90% silver and 10% copper, featuring a reeded edge.
History of 1916 Mercury Dime
The Mercury Dime, officially known as the Winged Liberty Head Dime, was designed by sculptor Adolph A. Weinman and minted from 1916 to 1945. It is widely considered one of the most aesthetically pleasing US coins ever produced. The design features a young Lady Liberty wearing a winged cap, often mistaken for the Roman god Mercury, hence the popular name. The 1916 issue is particularly significant as the first year of the series. Collectors should always check the reverse of the 1916 issue for the 'D' mint mark, as the 1916-D variety is an extreme rarity and one of the most valuable dimes in US coinage.
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