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UNITED STATES: 10 cents, 1916, PCGS graded MS65 FB, Mercury type, PCGS GEN-2.2 holder

Currency:USD Category:Coins & Paper Money / US Coins Start Price:70.00 USD Estimated At:75.00 - 125.00 USD
UNITED STATES: 10 cents, 1916, PCGS graded MS65 FB, Mercury type, PCGS GEN-2.2 holder
SOLD
140.00USD+ (28.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2021 Apr 12 @ 13:56UTC-7 : PDT/MST
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UNITED STATES: 10 cents, 1916, PCGS graded MS65 FB, Mercury type, in old green PCGS GEN-2.2 holder. The U. S. Mint anticipated that dimes of this new type by Adolph A. Weinman would be in mass production by summer at the latest, but this was not to be. As with most of the coin designs created outside of the Mint's own Engraving Department, there were technical issues that had to be addressed, and large scale production did not begin until October. In the meantime, the demand for additional dimes could no longer be ignored, and millions were coined with the 1916 date but carrying Charles Barber's old Liberty Head design. It was not until October 28, 1916 that the new dimes were released to circulation. Both numismatic and general publications had been reporting on these coins for months, and there was a tremendous sense of anticipation when they finally debuted. Reviews were almost universally favorable. Most of Mint State survivors are reasonably well struck, but only a quarter or fewer have fully struck horizontal bands to the fasces, and such coins bring a premium.