Week #122- It's a girl! Jamie Elizabeth was born on 7/21/04

[Maggie-migration]

Question: Why did the Denver Mint make so few dimes in 1916?

 

First post with the correct answer wins a copy of the JULY Census Book.

 

Don't forget, we also draw for a runner-up prize from all remaining posts with a correct answer.

 

Good Luck!

 

 

 

REMINDER: The Numisma-Quest ends/ended on Saturday at midnight EST. Entries after that time will not be valid. See the Trivia Info post for more details.

 

 

When you post your answer, only the administrators can see it. Stop back each Monday. We will make all the posts visible and announce the winners.

[JamminJ]

Delays in preparing the new dies.

 

-JamminJ

[jhar]

Low Demand??? Already enough dimes in circulation??

Just a guess..

[gmarguli]

The coinage of dimes was halted to address an urgent need for quarter dollars.

[ziggy29]

The dies weren't ready until very late in the year.

[Narmuriel]

Couple of things caused it. A misinterpretation of law that said the designs must be replaced every 25 years. This coupled with a "contest" to design the new versions of coins, resulted in the dies not being ready until late in the year (1916). As a result only 264,000 were ever minted.

[chrisfuccione]

The coinage of dimes was halted to address an urgent need for quarter dollars.

[Hoot]

Congratulations Dena!!!!!!! Welcome Jamie Elizabeth!!!!!!!

 

 

As for the answer to the question, the mintage of 1916 dimes at Denver was interrupted early in the run in order to maximize the production of quarter dollars, which were in short supply. By the time Denver had finished the run of quarters, 1917 was upon them, thus no more 1916 pieces.

 

Hoot

[reid1836]

Stopped producing dimes to make quarters full time.

[topsman]

The Coinage Act of 1890 required that a circulating coin be minted for a period of time no less than 25 years. Since the Barber Dime was on it's 25th year of mintage in 1916, enough Barber Dimes needed to be minted for circulation before the new Mercury Dimes could be produced. By the time the 1916 Barbers were produced and the mint prepared for production of the new Mercury's they only had enough time to mint 264,000.

[Danielle C.]

QUESTION:

 

Why did the Denver Mint make so few dimes in 1916?

 

ANSWER:

 

The need for quarter dollars was so urgent that coining of all other denominations was suspended.

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Congratulations Gmargulies!!! You are this weeks numismaquest winner!! Your prize is the July census book.

 

The runner up winner is chrisfuccione! Your prize is a display box.

 

Thanks for playing and stop back next week for another question.

[chrisfuccione]

Thank You and congratulations Dena on the new baby. CHRIS

[prooflike]

The Winged Liberty dime didn’t reach the public until late October of 1916. Its release had been delayed so the Mint could strike and issue a final batch of Barber dimes in keeping with the Coinage Act of 1890. That law prohibited replacement of the design on a circulating coin until the coin had been issued for 25 years, and the Barber dime – first issued in 1892 – didn’t fulfill the letter of that law until 1916.

 

First-year “Mercury” dimes were made at all three mints then in operation – Philadelphia, Denver and San Francisco. However, the delay in starting their production held down mintage levels – particularly in Denver, where the year’s total output came to only 264,000.