How rare is this? How much should you pay for it? and Why is it like the only coin that has been minted there?
it's rare to find one in circulation, but it's not rare. nearly 1.5 million were made and almost all of them are still in uncirculated condition. I wouldn't pay more than $15 for one as you can frequently find an entire 1996 Mint Set (which has the 96-W dime included) for $12-$18, depending on where you shop. In the past year or so I've bought maybe 25 or so 1996 Mint Sets for $12 each or less at various coin shows, but most dealers are charging $15-$20 for them. If you're looking for a really high grade certified example, then it'll be more of course and I'd check completed auction records for accurate prices.
You should pay $8000 for it, and I have one to sell. I think the going rate for good uncirculated examples is $30-$35. There were only about 1.5 million minted, so by modern standards that's rare.
The West Point Mint makes lots of coins and will likely continue to do so. But they will never again make 1996-W dimes.
It is not rare but definitely collectible. It was minted at West Point to commemorate the 50 year anniversary of the Roosevelt dime. I have several 1996 mint sets, and all the W dimes are in fantastic shape (MS66+) with some likely even meeting criteria for FT or FB. If you want one, I would purchase the mint set. TC
Exactly, and if you don't want the extra coins that come in the 1996 Mint Set, cut them out of the plastic and consider it an instant cash rebate :thumb:
Also keep in mind that many of the cents produced from 73-86 came from West Point. No mint-mark though, so you have no idea of knowing whether they came from there or Philly.
I think the "W" is the coolest b/c there just aren't that many coins that have them. Also there are some American Silver Eagle coins that have the "W" and I'm not talking about proofs. From 2006 thru 2008 the US mint made uncirculated eagles and the 2006 is starting to go for a decent amount.
Hello everyone, I personally like th Westpoint minted coins as I was stationed there from 96-97. Was not a coin collector at the time, nor did i know they even had a mint, lol. As far as price $15.00 sounds reasonable to me, but like others have said, I would just buy the set for $12.00 - $15.00. Regards, Stan
Actually, there's no need to cut anything out. The 1996-W dime came as an "extra" with the 1996 mint set, and was in its own separate mylar envelope.
If you found one as an individual coin, it was cracked from a mint set more likely. Anything from West Point is made for collecting and not circulation. MS has a value around $20.
When the West Point facility opened in 1937, it originally was a depository for silver, and was dubbed the "Fort Knox of Silver". The first coin struck at West Point was the Lincoln cent in 1973. The "W" mintmark was first seen on coins struck there in 1983 with the production of 10$ gold coin commemorating the 1984 Olympic Games in Los Angeles. In 1986, the American Eagle coins, both gold and silver, were produced at West Point, and they've been making them ever since. The 1996-W Roosevelt dime was made at West Point as a 50 year anniversary of the design.
Each person has to define "complete collection" for themselves. One person might say a complete collection of Lincoln cents only includes those struck for circulation. Another might say you have to have proofs. Another might insist on having both Type I and II 79 and 81s. Some might not care about having all 8 types of 1982 cents. Date (one per year) sets. Date/mintmark sets. Type sets. It all depends on your point of view.
I think what Illini meant is that since the set has little value without the dime, that you could cut up the set and spend the coins.
This is a very nice coin to add to your collection and it should keep a nice pace as far as modern dimes go considering the low mintage. I purchased my PCGS graded MS66 for $35.00. That seems to be the range for a nice graded sample from one of the top services. I agree tho unless your looking for a slabbed specimen you can pick up a mint set containing the coin for a cheaper price.:smile
I would also suggest you buy the complete 1996 Mint Set if you want one of these dimes. I think they are cool and even purchased the mint set myself just to get an example of the dime.
