Complete US Mint Year Set (Foreign and Domestic) – 1916

As the war heated up in Europe, silver began to skyrocket while gold, oddly enough, remained constant at $18.99 per ounce. Silver averaged $0.758 per ounce for the year, an increase of over 35% over 1915. The 81% increase in the DJIA of last year stalled, but gains were held throughout the year as we approached our entry into the war.

The news was dominated by the war in Europe as Germany declared war against Romania followed by Italy declaring war on Germany. Back home in America, the Navy Reserve was formed as our military slowly increased. The Philippines declared independence, and John D. Rockefeller became the first billionaire.

But for numismatists, this was the year! The 1916 quarter is still the talk of every coin show that is lucky enough to have one on its floor. The three 1916 Walkers are still highly valued (especially the San Francisco issue), the 1916/16 Buffalo is one of the most highly sought after nickels, the 1916 D was a dream of mine for many years, and the 1916 Matte Proof Lincoln has completely eluded me during my career of searching. Yes, four of the coins issued in 1916 would be prized representatives of anyone’s type set.

There were 24 domestic issues, 23 coins minted for other nations, and 13 patterns, making this one of the most expensive regular issue years to accumulate. Good hunting!

These are the coins necessary for the 1916 year set:

  • Lincoln – P, D, S, & Matte Proof
  • Buffalo – P, D, S, 16/16, & Proof
  • Barber Dime – P & S
  • Mercury Dime – P, D, & S
  • Barber Quarter – P & D
  • Standing Liberty – P
  • Walking Liberty – P, D, & S
  • Indian Head Half Eagle - S
  • Indian Head Eagle - S
  • Saint-Gaudens Double Eagle - S
  • McKinley Memorial $1 Gold

Coins Minted in United States for Other Nations

Colombia
  • 50 Centavos (90% silver)
Costa Rica
  • 2 Colones, gold
Cuba
  • 1 Peso, silver & Proof
  • 1 Peso, gold & Proof
  • 2 Peso, gold & Proof
  • 4 Peso, gold & Proof
  • 5 Peso, gold & Proof
  • 10 Peso, gold & Proof
  • 20 Peso, gold & Proof
Ecuador
  • 1 Decimo, mint mark “Phila,” (90% silver)
  • 2 Decimos, mint mark “Phila,” (90% silver)
Panama
  • 1916 – 2 ½ Centesimos (75% copper/25% nickel)
Philippines
  • 1 Centavo (bronze) S,
  • 5 Centavos (copper/nickel)
Salvador
  • 5 Centavos (75% copper/25% nickel)

United States Pattern Coins

  • J-1981: 1916 Dime, no “AW” initials, with LIBERTY balanced Liberty is tilted down, silver
  • J-1982: 1916 Dime, No “AW” but Lady Liberty is larger, silver
  • J-1983: 1916 Dime, No “AW” but neck is notably shorter and distant from rim
  • J-1984: 1916 Dime, “AW” present, very close to regular issue
  • J-1988: 1916 Quarter, Rev Eagle Higher than normal, silver
  • J-1989: 1916 Quarter, Rev Eagle Low, silver
  • J-1991: 1916 Half Dollar, LIBERTY around edge, IGWT small on obv., silver
  • J-1992: 1916 Half Dollar, LIBERTY and IGWT on right side of Lady Liberty, silver
  • J-1993: 1916 Half Dollar, LIBERTY and IGWT on right side of Lady Liberty, reversesmaller, silver
  • J-1994: 1916 Half Dollar, LIBERTY around edge, small date, no “AW,” silver
  • J-1995: 1916 Half Dollar, very similar to regular issue but with smaller letters, silver
  • J-1996: 1916 Half Dollar, very similar to regular issue but with larger letters, silver
  • J-2001: 1916 McKinley Gold Dollar, made of nickel