1916-D Mercury Dime PCGS XF40 CAC
This is a controversial coin.
Why? Because it’s been one of our nation’s most counterfeited coins since the 1930s. Legions of counterfeiters have set frauds of this coin loose on the market over the years.
The reason so many counterfeiters target the 1916-D Mercury Dime is that it’s one of the most sought-after and scarce American coins. The “D” denotes that it was struck at the Denver Mint, which only struck 264,000 specimens. By contrast, the Philadelphia mint struck 22 million and the San Francisco Mint almost 10.5 million.
Collectors also pursue this coin because of its beautiful design, created by Adolph A. Weinman during the renaissance of American numismatic design started by President Theodore Roosevelt, who wanted American coins as beautiful as the ancient Greeks’. Weinman more than lived up to the task. But the public misunderstood his intent.
Weinman’s design shows the head of a youthful Liberty in profile. She wears a cap that has wings, which were meant to represent “Liberty of Thought.” The public, however, misunderstood Weinman’s intent, believing her to be Mercury, who wore a cap and sandals with wings. (This would make sense since Mercury is the god of commerce.)
The reverse features an unusual (for those used to modern coinage) design: a fasces depicting unity and strength, and an olive branch symbolizing peace.
A LITTLE STICKER MAKES A BIG DIFFERENCE.
Within each number of the coin grading scale is a small range of condition from low-end to high-end. Certified coins of the same grade can be of varying quality. Many of today’s collectors want coins that are solid or premium quality for their assigned grade. CAC holds coins to a higher standard so you can be confident in the value of yours. We verify previously graded coins … and award our sticker only to those coins that meet the standard for today’s selective buyer.
WHAT THE CAC STICKER MEANS:
- Verified. Your coin has been verified as meeting the standard for strict quality within its grade.
- Guaranteed. CAC stands behind our verification by making markets in most actively traded coins.
THE CAC STICKER IS BACKED BY EXPERIENCE.
CAC was founded by leading members of the numismatic community, including John Albanese, a respected authority on coin grading and the rare coin market.