Tucked amid the hundreds of 19th, 20th and 21st century Mint State
and Proof United States coins being offered Sept. 5 in Los Angeles by
2016 gold coins marking the 100th anniversary of their first
production in .900 fine silver.
The nine 2016-W Winged Liberty Head gold dimes being offered in a
single lot were among the 125,000 gold dimes first issued by the U.S. Mint on April
21, 2016. The issue price was $205 per coin.
The nine-example lot offered in the 810-lot auction carries an
estimate of $2,000 to $2,200 for the lot. All nine examples are graded
and encapsulated Specimen 70 by Numismatic Guaranty Corp.
New information on the 1866-S No Motto coins:
Also in our last weekly issue of the month, John Kraljevich Jr.
goes into what George Washington's ledger revealed, including how
many gold doubloons he had on hand.
Recently completed eBay online auctions record sales at $250 to
$400 of Specimen 70 gold dimes from either service, with the
differences in prices attributed primarily to the grading label used.
NGC Census and PCGS Population Report
The NGC Census identifies a total of 26,529 submissions for the gold
dime — 23,707 dimes in Specimen 70, 2,811 in Specimen 69, 10 in
Specimen 68, and one in Specimen 67.
The Professional Coin
Grading Service Population Report indicates a total of 31,648
submissions for the issue — one in Specimen 67, 10 in Specimen 68,
2,897 in Specimen 69, and 28,740 in Specimen 70.
The certification totals from the top two grading services reflect
nearly half of the entire mintage sold. Clearly, a majority of the
coins the two services graded were certified in the perfect grade.
When the U.S. Mint began production of the Winged Liberty Head dime
in 1916 for general circulation, output was executed in .900 fine
silver. To mark the 100th anniversary of the issue, the U.S. Mint
offered a tenth-ounce .9999 fine gold version, with a maximum mintage
of 125,000 coins initially offered with a maximum household limit of
The entire mintage was recorded as sold out in minutes on April 21.
However, within weeks of the product's release, thousands of coins
reappeared in Mint inventory, from returns or from coins that never
left the order fulfillment center because of canceled orders.
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More than seven more months passed before the U.S. Mint's inventory
of roughly 8,000 to 9,000 gold dimes were offered for sale a second
time, and the inventory sold briskly. The price had dropped to $200
per coin, tied to the spot price of gold, for the Dec. 15 issue, with
the household ordering limit set at one coin.
The product's final reported sales stand at 124,915 coins.
Additional lots in the Bonhams sale
Billed as "The Collection of A Southern Gentlemen,"
several gold coins struck at the Branch Mints in Dahlonega, Georgia,
Charlotte, North Carolina, and New Orleans are offered. The lots
comprise gold dollars through gold $5 half eagles.
The auction also includes an 1895 Morgan dollar graded PCGS Proof
64. It is one of 880 examples reportedly struck at the Philadelphia
Mint for sale to collectors. No circulation-strike 1895 Morgan dollars