Coin Specifications

Category: Seated Liberty Dimes (1837-1891)
Mint: Philadelphia
Mintage: 14,000
Catalog: KM-92
Obverse Designer: James B. Longacre
Reverse Designer: James B. Longacre
Composition: Silver
Fineness: 0.9000
Weight: 2.49 Grams
ASW: 0.0720oz
Melt Value: $1.50 (7/25/2014)
Diameter: 17.9mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
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1863 10C MS obverse 1863 10C MS reverse


  
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VarietyPlus®

There are no varieties for this coin.

Description & Analysis

By 1863 silver coins were traded for a significant premium over the value of federal paper currency, and they were not seen in daily commerce, except in the Far West. There the inflationary economy rendered the dime the smallest coin in use, and silver circulated freely.

It appears that this small mintage of dimes at the Philadelphia Mint was produced primarily for the purpose of paying off the Mint's bullion depositors to the exact amount due them. The demand from collectors was solely for proofs until decades later. The same die pair was used for both editions.

With little likelihood of circulation, it's not surprising that the surviving population of 1863(P) dimes is skewed toward Mint State grades or just faintly worn pieces. Well worn examples are more rare than unworn dimes for this and most P-Mint issues of the mid 1860s.

GRADE SUMMARY

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Price Guide

Last Updated: 1/3/2014

Click on a price to see historical prices, comparison charts and trends.

1863 10C MS
  GVGFVF4045505355586061626364656667686970
Base $ 550 725 1050 1175 1400 1400 1500 1550 1600 1650 1700 1800 1950 2300 2600 4350 6750 - - - -
$ 1550 1650 1700 1750 1800 1850 1950 2150 2500 2850 5400 7500 - -
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Census

 
NGC GRADE SUMMARY

Total Graded: 39
Low Grade: G
Average Grade: 62
High Grade: 67


Upcoming Auctions

A random selection of NGC coins is shown below.

Images
Date
Grade
Auction House
Sale / Lot
8/9/2014 UNC Details  Heritage Auctions 2014 August 5, 7 & 9 ANA US Coins Signature Auction - Chicago Session(5), 1208/Lot# 7427


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
6/3/2004 NGC MS 67   Heritage Auctions 2004 June Long Beach Signature Sale #349, 349/Lot# 6044 $6,670.00
1/20/2010 PCGS XF 40   Teletrade Auction 2801, 2801/Lot# 1168 $1,840.00
9/22/2010 PCGS AU 58   Heritage Auctions 2010 September Long Beach, CA Signature US Coin Auction #1144, 1144/Lot# 3739 $1,277.65
10/13/2011 NGC MS 65   Heritage Auctions 2011 October 13-16 US Coins Signature Auction #1160- Pittsburgh Session(1), 1160/Lot# 3490 $3,450.00
5/30/2012 PCGS MS 63   Heritage Auctions 2012 May 30- June 3 US Coins Signature Auction- Long Beach Session(1), 1171/Lot# 3490 $2,070.00
7/12/2012 NGC MS 65   Heritage Auctions 2012 July 12-15 US Coin Summer FUN Signature Auction - Orlando Session(1), 1172/Lot# 3402 $3,450.00
2/27/2014 PCGS MS 63   Heritage Auctions 2014 February 27 - 28 & March 2 Mid-Winter ANA US Coins Signature Auction - Atlanta Session(1), 1203/Lot# 3290 $2,115.00


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