How Much Should An NGC 1916-D Mercury Dime In G6 Or G4 Cost?

An attractive example in an NGC G06 slab will run you around $1,000. It's unlikely you will find one for much under that amount but don't go way over $1,000 either.

G04 pieces are cheaper of course and can be found around $700 to $800. Again, don't expect to find one for under $600 (because you won't) but I wouldn't go much over $800 either.

The 1916-D Mercury dime is one of the most heralded key dates of 20th century numismatics. It is always in demand.

But what about what Obediah said? He told me that if, when the economy gets tougher, the premium paid on a single dime will go down. He saw it happen the last time the economy went bad. Mercedez benz and other real expensive stuff went down when the recession hit...... Anyway, so you guys think a Good-6 should only cost $1000?

Here's a year's worth of completed listings for G06 certified pieces:

Dec-2010 $1,052 G6 PCGS ebay Sales
Oct-2010 $1,226 G6 PCGS ebay Sales
Oct-2010 $1,009 G6 PCGS ebay Sales
Oct-2010 $878 G6 PCGS ebay Sales
Oct-2010 $863 G6 ANACS Heritage Internet Coin Auction
Sep-2010 $1,035 G6 PCGS Heritage Long Beach, CA
Aug-2010 $1,035 G6 PCGS Heritage Boston, MA
Aug-2010 $978 G6 PCGS Heritage Boston, MA
Jun-2010 $1,006 G6 PCGS Heritage 2010 Long Beach, CA
Apr-2010 $1,054 G6 PCGS ebay Sales
Apr-2010 $1,053 G6 PCGS ebay Sales
Apr-2010 $1,035 G6 PCGS Heritage Milwaukee, WI
Apr-2010 $978 G6 NGC Heritage Milwaukee, WI
Mar-2010 $1,035 G6 PCGS Heritage Fort Worth, TX
Feb-2010 $1,093 G6 PCGS Teletrade Auction

I'd use $1,000 as a baseline and $1,100 as a max if I were buying now.

I have no idea who this "Obediah" person is but I would say they are completely wrong and you will only spend more money in the long run by waiting to purchase. Sure, some cheaper material and moderns have dropped but key dates are always in constant demand with upward pressure. Key dates may level out in value during hard times, but they almost never decrease in value.

johnson:

I was heavy into finding the right 16-d about a year ago. In my personal opinion, I would hold out just a little bit more money for one that is at least VG in grade. What is interesting about this dime, is even though it is stated to be "rare", it is really easy to find multiple examples anywhere from FR-G range. If you look on ebay, you will find dozens in this grade range right now. They do start to get a bit harder in G06, but once you get to VG08 and above; they are a lot more scarce. Go to the "sold" auctions on Heritage and compare how many sold in each grade over the last 10 years.

The reason why the lower grade 16ds are valuable is more because of demand than supply. Once you get above VG, limited supply comes more and more into the equation as well as demand. I also agree with Condor about the full rims whether it is a 6 or 8 (you will be hard pressed to find a G04 with full rev rims).

I purchased my NGC VG08 about a year ago with nice full rims for $1250 on ebay. I got a good deal, but you probably wouldnt pay much more than $1300 on average. It's definitely worth saving a couple hundred extra dollars to go with the VG!

Here is my NGC VG8 example:

I remember you, Johnny. I remember I was looking for a '16D around the same time as you........ and you gave me some good advice before..... Thanks for the advice! I agree I think I just may hold out for the '16D once again and settle for an 1845O Gold Quarter Eagle. Maybe. Or save a b it more Silver for a Very Good.

This is one coin that I due not have in my album and I probably wont get one. Even though its the only coin I need to finish my set, I really think there overpriced and its only because of supply and demand that the price is so high. So many people collect these that its hard to get one for a descent price, a couple weeks ago I was debating on getting one but I passed for some early graded commeratives