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Considered a classic key date of American 20th century coinage, the 1916-D Mercury dime we have to offer is a pristine gem brilliant uncirculated specimen. From the 1916 dated Mercury dimes, the Philadelphia and San Francisco issues show up with high frequency in mint state grades in the numismatic marketplace. However, the 1916-D in uncirculated is an absolute scarcity due to few people withholding them from circulation to be kept as souvenirs. Some theories behind why the 1916-D is so rare in mint state is that it was struck and released much later than its 1916 and 1916-S counterparts; thus, the novelty of the new Mercury head design had worn off, and few newly minted Denver coins were saved from circulation. In addition to that theory, some numismatists believe that once the coins were released, a majority of the Denver minted pieces went straight into circulation in Montana where virtually none were saved. This particular specimen was kept out of circulation early, evidenced by its brilliant white surfaces with virtually no toning and a complete, needle sharp strike. The bands on the fasces are boldly separated and show great distinction. Incredibly clean surfaces with the obverse appearing to be nearly flawless and the reverse being just as appealing. A rare coin in gem uncirculated, and a survivor of only a small population of mint state Mercury dimes from the year.
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