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Lot
689

1916-D 10C MS65 Full Bands NGC....

2010 March Fort Worth, TX Signature ANA US Coin Auction #1138

 
Sold for: $34,500.00 (includes BP )
Bid Source: Internet bidder
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Auction Ended On: Mar 25, 2010
Item Activity: 12 Internet/mail/phone bidders
7,211 page views
Description:
Beautiful 1916-D Dime, MS65 Full Bands
1916-D 10C MS65 Full Bands NGC. A beautiful Gem that has blushes of sea-green, golden-brown, and honey-gold throughout the margins. The devices and fields are minimally toned. The strike is exacting, not only on the important central bands, but also across the peripheral legends.
The surfaces appear immaculate at first glance, and a faint luster graze near the AM in AMERICA is only observed upon thorough study beneath a loupe. Both sides provide imposing luster. The reverse is rotated slightly clockwise, and the reverse legends show occasional evidence of strike doubling.
Collectors of the popular Mercury dime series quickly learn that the key date is the 1916-D. Its mintage of 264,000 pieces is roughly one-quarter of its closest competitor, the 1921-D. Little attention was paid to mintmarks by the general public in 1916, and although many 1916 and 1916-S Mercury dimes were set aside, most 1916-D dimes circulated for years. The majority of survivors grade between Fair and Very Good. Unfortunately, many counterfeits are also known, some of which are genuine 1916 Mercury dimes with an added Denver mintmark.
The 1916-D dime is rare due to the production delays of a related rarity, the 1916 Standing Liberty quarter. Per David W. Lange, in November, 1916, the Treasury Department ordered 4 million quarters. The Mint director and superintendents met and decided that the Denver Mint would strike only quarters until the Treasury order was fulfilled. This decision curtailed production of 1916-D dimes until the change in calendar year ended the issue.
The Mint decision also explains the high mintage of the 1916-D quarter, from the old Barber designs. Midwestern demand for dimes was met by the 1916-S, which had a mammoth mintage of more than 16 million pieces comprised of both the Barber and Mercury types. Census: 24 in 65 Full Bands, 7 finer (2/10).(Registry values: N7079) (#4907)

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Bidding Guidelines and Bid Increments

Guides and Pricing Information:

Previous Prices from Heritage Auctions
Lot Date Grade Service Realized
Auction 1137, Lot 366 Sunday, February 7, 2010 65 NGC $40,250.00
Auction 1118, Lot 1166 Saturday, December 6, 2008 65 NGC $29,900.00
Auction 1169, Lot 5069 Sunday, April 22, 2012 65 PCGS $34,500.00
Auction 1161, Lot 3531 Thursday, November 10, 2011 65 PCGS $36,225.00
Auction 1140, Lot 910 Sunday, June 6, 2010 65 PCGS $48,875.00
View prices realized from this item in other grades (you must be signed in)
PLEASE NOTE: All prices realized reflect the final hammer price PLUS the buyer's premium in auctions that charge a buyer's premium. Each item has a notation at the top of the listing indicating whether that lot included a buyer's premium. All information listed is intended to be as accurate as possible, but errors are possible. Please use this guide carefully and inform us of any inaccuracies.
Previous Prices Reported By Other Auction Firms (Not Verified By Heritage)
Source Date Grade Service Realized
Unconfirmed Friday, July 24, 2009 65 PCGS $38,525.00
Unconfirmed Sunday, January 4, 2009 65 PCGS $36,225.00
Unconfirmed Tuesday, November 18, 2008 65 NGC $48,875.00
Unconfirmed Thursday, February 28, 2008 65 NGC $41,400.00
Unconfirmed Sunday, February 10, 2008 65 NGC $40,250.00
PLEASE NOTE: Heritage has not verified this data, which represents the sale or auction of an item from a third party (and includes the Buyer’s Premium where applicable). All information listed is intended to be as accurate as possible, but it has been taken from sources that may or may not be reliable and errors are possible. Please use this guide carefully and inform us of any inaccuracies.
Price Guide*
Grade Coin World
(Coin Values)
Numismedia
Retail
Numismedia
Wholesale
Numismedia
NGC (nmn)
Numismedia
PCGS (nmp)
PCGS
Price Guide
PCGS+
64 $20,000 $25,310 $20,250 $18,000 $18,500 $26,000 $28,500
65 $30,000 $46,880 $37,500 $34,500 $35,500 $45,000 $50,000
66 $40,000 $63,050 $48,500 $43,500 $45,500 $60,000 $80,000
*All information listed is intended to be as accurate as possible, but errors are possible. No item may be returned or refused based on this information which is provided as a service to our customers. You should contact each pricing source directly to determine the accuracy of this information.
Population Guide
Service Grade Population in this Grade Population of Higher Grade Population in All Grades + Mintage Engraver
PCGS Not available from PCGS 264,000 Adolph A. Weinman
NGC 65 23 7 191 -
CAC 65 3 6 28 -
*This information is provided and owned by PCGS. Its display and use are subject to the licensed agreement between PCGS and Heritage Auctions.
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Photographs:


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