Coin Specifications

Category: Seated Liberty Dimes (1837-1891)
Mint: Philadelphia
Mintage: 12,078,010
Catalog: KM-77
Obverse Designer: Robert B. Hughes
Reverse Designer: Christian Gobrecht
Composition: Silver
Fineness: 0.9000
Weight: 2.49 Grams
ASW: 0.0720oz
Melt Value: $1.49 (7/30/2014)
Diameter: 17.9mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
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1853 ARROWS 10C MS obverse 1853 ARROWS 10C MS reverse


  
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Description & Analysis

After several years of dithering over the falling price of gold which had driven the now-undervalued silver coins from circulation, Congress on February 21, 1853 passed a law lowering the weight of the half dime through half dollar about seven percent. This was enough to permit their free circulation once again, though the silver dollar remained at its old standard, condemning it to be an export issue only for many years.

To distinguish the lower-weight coins and prevent their export or melting, the U. S. Mint placed opposed arrowheads at either side of the date. This mark was retained through 1855, by which time it was assumed that nearly all dimes in circulation were of the new standard. This was a reasonable assertion, as mintages for the new issues were enormous for that time period. The more than 12 million Arrows dimes pumped out by the Philadelphia Mint in 1853 made this date a common sight in circulation for decades and, as late as the 1930s, coin dealers specified in their ads that no such coins were desired by them.

There are countless die marriages for this issue, only one of them being noteworthy for variety features. F-107/FS-301 features a repunched dated and some reverse die cracks.

The 1853 Arrows dime is common across all grades through MS 65, though its status as a short-lived subtype has created a steady demand from type collectors.

GRADE SUMMARY

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Price Guide

Last Updated: 1/3/2014

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1853 ARROWS 10C MS
  GVGFVF4045505355586061626364656667686970
Base $ 16.00 18.00 22.00 32.00 65.00 65.00 165 185 215 270 320 370 440 625 1000 2075 3950 11000 24000 - -
$ 80.00 175 205 230 300 345 400 485 700 1100 2450 5500 15500 -
NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 826
Low Grade: PrAg
Average Grade: 61
High Grade: 68


Upcoming Auctions

A random selection of NGC coins is shown below.

Images
Date
Grade
Auction House
Sale / Lot
8/9/2014 MS 66   Heritage Auctions 2014 August 5, 7 & 9 ANA US Coins Signature Auction - Chicago Session(1), 1208/Lot# 3467
8/9/2014 MS 65   Heritage Auctions 2014 August 5, 7 & 9 ANA US Coins Signature Auction - Chicago Session(1), 1208/Lot# 3465


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
4/2/2007 NGC MS 64   David Lawrence Rare Coins Spring Collectors Choice Sale', 137/Lot# 105 $1,035.00
5/27/2007 NGC MS 64   Goldberg May 27-30, 2007 Pre-Long Beach Coin and Currency Auction, 41/Lot# 1041 $1,006.25
3/24/2010 PCGS XF 45   Teletrade Auction 2829, 2829/Lot# 1414 $126.50
2/3/2011 NGC MS 64   Heritage Auctions 2011 February Long Beach Signature US Coin Auction Session(4), 1152/Lot# 7807 $805.00
10/18/2012 NGC MS 65   Heritage Auctions 2012 October 18-21 ANA US Coins Signature Auction - Dallas Session(2), 1175/Lot# 3912 $1,469.93
1/1/2013 PCGS AU 58   Stack's Bowers The January 2013 Americana Sale, 180/Lot# 14286 $282.00
12/15/2013 PCGS VF 35   GreatCollections GreatCollections Coin Auctions 12/15/2013, 105/Lot# 157929 $46.09
4/13/2014 PCGS AU 55   Heritage Auctions Internet Coin Auction Session(2), 131416/Lot# 20495 $193.88


NGC Registry

NGC Registry Score 1853 ARROWS 10C MS
 PrAgGVGFVF4045505355586061626364656667686970
Base1283237451312583664585155936427258821095155825853194381757471232019826
1029333973173294396477541609669777953124919002788340144607938148220
00000029439647754160966977795312491900278834014460793800
0000003304274965676256978291024140322422991360951031012900
Registry Image Gallery
Grade: MS 65
Points: 2585
Owner: yuylsworld
 
Grade: MS 64
Points: 1558
Owner: BillJones
 
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