One of the most anticipated numismatic releases of the year was launched as the U.S. Mint began taking orders for the 2016 Mercury Dime Centennial Gold Coin at noon today. The coin re-imagines Adolph A. Weinman’s classic design for the Winged Liberty (or “Mercury”) dime, struck in gold to honor the 100th anniversary of the original circulation issue.
The coin is composed of 1/10 oz. of 99.99% gold, measuring .650 inches in diameter and .047 inches thick. As noted previously, these dimensions are slightly smaller that those of the original issues, since the Mint struck the new coins on a previously developed 1/10-ounce gold planchet.
Staying true to the circulating purpose of the original dime, the gold reissue features a “business strike” finish. Its mintage is limited to 125,000 pieces, with orders capped at 10 per household. Each coin comes packaged in a custom wooden box with a certificate of authenticity.
The gold dime is available for $205.00. This price will remain in effect as long as the value of an ounce of gold stays between $1,200.00 and $1,249.99, in keeping with the Mint’s pricing system for numismatic gold coins.
The obverse of the Winged Liberty dime features an image of Liberty facing left and wearing a winged cap; the wings on the cap reminded some of the Roman god, Mercury, which led to the issue being nicknamed the “Mercury dime.” Inscribed along the rim are LIBERTY, IN GOD WE TRUST, Weinman’s initials, and 2016.
The coin’s reverse bears an illustration of a Roman fasces with an olive branch, along with the inscriptions UNITED STATES OF AMERICA, E PLURIBUS UNUM, ONE DIME, the West Point Mint’s “W” mint mark, AU 24K, and the item’s weight, 1/10 OZ.
The gold Mercury dime is the first of three 2016 coins conceived to celebrate the 100th anniversary of the introduction of the first Mercury (or Winged Liberty) dimes, Standing Liberty quarters, the Walking Liberty half dollars. Release dates for the gold Standing Liberty quarter and Walking Liberty half dollar have yet to be established. The full pricing chart for all three 2016 Centennial gold reissues can be viewed here.
For more information on the 2016 Mercury Dime Centennial Gold Coin, please visit the Web site of the U.S. Mint.
Update, 4:45 p.m.: As noted on Mint News Blog, the 2016 Mercury Dime Centennial Gold Coin went into “Currently Unavailable” status on the Mint’s Web site around 12:45 p.m. The Mint has yet to share first-day sales numbers for the item, so we don’t yet know how much of the coin’s 150,000-piece mintage limit has been sold.