The 1916 Barber dimes have value as both numismatic coins and as silver bullion. Keep reading to learn more about these silver coins.
Specifications
Type: Barber Dime
Year: 1916
Face Value: $0.10
Composition: 90% silver, 10% copper
Silver Weight: .07234 oz.
Total Weight: 2.5 grams
Current Silver Bullion Value: $2.14
The US minted the 1916 Barber dime with no mint mark and also the 1916 S Barber dime. The mint mark, when present, can be found on the reverse side of the coin below the wreath.
| Series | Location | Quantity Minted |
|---|---|---|
| 1916 | Philadelphia | 18,490,000 |
| 1916 S | San Francisco | 5,820,000 |
Value
This coin in circulated condition is worth at least its weight in silver. The silver melt value for this coin is $2.14. This melt value is calculated from the current silver spot price of $29.64 per ounce.
The 1916 barber dime with no mint mark is worth around $5.50 in good condition. In very fine condition the value is around $15. In extremely fine condition the price is around $35. In uncirculated condition the price is around $130 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $200.
The 1916 S barber dime is worth around $5.50 in good condition. In very fine condition the value is around $15. In extremely fine condition the price is around $35. In uncirculated condition the price is around $130 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $225.
Grading System
Good- The date and the letters are visible but plain. The word "LIBERTY" inscribed on Liberty's headband has been completely worn off.
Very fine- The word "LIBERTY" inscribed on Liberty's headband is visible but plain.
Extremely fine- The word "LIBERTY" inscribed on Liberty's headband is sharp. The edges on Liberty's headband are distinct.
MS 60 uncirculated- There are no signs of wear. The coin has luster, but there may be a few stains, abrasions, or surface marks.
MS 63 choice uncirculated- In the major focal areas there are some blemishes or contact marks. The coin's luster might not be as prominent.
PR 63 proof- This coin has reflective surfaces and only a few blemishes away from the major focal points. There are no major flaws.
Sources:
The Red Book
See also: