Important Date 1916-D, 1921, and 1921-D Mercury Dimes The Mercury dime was issued between the world wars, from 1916 to 1945, during the Renaissance of American Coinage. Like other U.S. coins at that time, dimes were designed by Charles E. Barber, who also designed Lincoln cents, quarters, and half dollars.
Barber first proposed the modernized design for the Mercury dime in 1915. The United States Treasury Department approved the design on February 11, 1916. However, because of the difficulty in producing a coin with such a thin profile, it wasn't until the 1921 issue that these coins became available to the public.
The 1916-D and 1921-D varieties are rare but well-known coins. The 1916-D is distinguished by its mirror image of Bergen County, New Jersey, while the 1921-D has a reverse design showing an astronaut standing on the Earth with a rocket beneath his feet. These variations occurred due to errors made by the Mint during production. Both errors were discovered after they had been released into circulation and are found only on small numbers of coins.
Dimes were the first U.S. coin to use the face value system, which is still used today. Prior to the introduction of the dime, all coins had Latin or Greek letters on them to indicate their value.
The Mercury dime is a ten-cent piece produced by the United States Mint between late 1916 and 1945. It was the twelfth coin issued by the Mint.
The name "mercury dime" comes from the fact that the composition of these coins was identical to the composition of the mercury slug used by watchmakers as an indicator needle. The word "dime" came from the fact that these coins were worth ten cents each.
These coins were minted in three sizes: regular, large, and giant. The largest denomination was not issued during World War II because it was reserved for circulation surcharges. These coins have been popular among collectors because of their high quality design and low mintage numbers. There are still places all over the world where you can find people who remember these coins when they were current issues.
The composition of the coin was 90% silver and 10% zinc. In terms of silver content, these coins are nearly 100% silver. From 1943 to 1945, the giant dime had slightly less silver (9 oz vs 10 oz).
These coins were produced at the San Francisco Mint from 1916 to 1918, at the Philadelphia Mint from 1919 to 1935, and again at the San Francisco Mint from 1936 to 1945.
The 1916-D Mercury dime is the series' pivotal date. Only 264,000 were produced, and even fewer still exist today, making it one of the most scarce regular-issue, circulation-strike coins of the twentieth century. The 1912-D coin also exists in relatively small quantities, but it is the more beautiful specimen that commands higher prices.
They are called "dime" coins by collectors because they are exactly 1/10th of a dollar in price. However, they actually weigh about 5% more than other coins of their value due to their metal content being substantially higher than other coins of its time. Each coin contains 8 grams of silver instead of 7/10th of a gram.
The word "mercury" in the name comes from the fact that these coins were manufactured with a mercury alloy (a mixture of copper and zinc with some mercury mixed in) for their surfaces. This was necessary because of the lack of any modern technology at the time for coining coins. The alloy used for these coins was chosen because it could be beaten down into the required pattern without breaking too easily. The problem with this approach is that mercury is toxic and can cause brain damage and other serious health problems if not handled properly. These days, all coins are made of zinc or aluminum, which do not need any special coating.
A dime of mercury From 1916 until 1945, the United States Mint issued the Mercury dime, a ten-cent denomination. The Winged Liberty Head dime, created by Adolph Weinman and more precisely known as the Winged Liberty Head dime, got its name from the obverse picture of a youthful Liberty, identified by her winged Phrygian hat,...
No Mercury Dime had a mintage of less than 1 million coins throughout the remainder of its existence. The 1916-D coin was and continues to be in high demand. Even in worn condition, this coin is worth over $1,000.00!
The answer to the question "How many Mercury dimes were made in 1916?" is just over 7 billion coins.
The United States Mint produced 7,067,527.50 coins in 1916 at a rate of approximately 50 cents per coin. This makes the 1916-D Mercury dime the most abundant U.S. coin of that year. All told, about 140 million 1916-D coins were minted by the end of 1917.
The word "dime" comes from the Latin dimidium, which means half of something. A dime is considered to be exactly 60 millimeters (2.4 inches) in diameter. There are 10 digits in a dollar value, so a dime is valued at 0.10 dollars ($10).
In January 1908, President Theodore Roosevelt signed into law the Coinage Act of 1908. This act came about due to concerns about inflation and the use of silver as currency by the public. Because of these concerns, only gold and silver coins were allowed as legal tender in the United States.