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: $1.20 (5/6/2015)
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: 4/16/2015

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

1853 ARROWS 10C MS
  GVGFVFXF5053555861626364656667686970
Base $ 16.00 18.00 22.00 32.00 65.00 165 185 215 270 370 440 625 1000 2075 3950 12000 24000 - -
$ 80.00 175 205 230 300 400 485 700 1100 2900 5500 - -

The World Coin Price Guide is independently compiled by Krause Publications’ NumisMaster. NGC makes this information available to its website visitors as a free service, but in no way does the information provided represent NGC’s official opinion or policy. For example, varieties listed in the World Coin Price Guide may not necessarily be recognized by NGC. Please contact NGC Customer Service with any questions.

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Census

 
NGC GRADE SUMMARY

Total Graded: 852
Low Grade: PrAg
Average Grade: 61
High Grade: 68


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
3/4/1998 NGC MS 62   Teletrade Auction 1029, 1029/Lot# 1311 $239.80
9/26/1998 PCGS MS 65   Heritage Auctions 1998 September Long Beach Sale #192, 192/Lot# 6591 $4,025.00
12/12/2005 PCGS MS 64   Heritage Auctions 2005 December Dallas Signature Auction #398, 398/Lot# 435 $747.50
5/25/2008 NGC MS 61   Goldberg May 25-27, 2008 Pre-Long Beach Coin and Currency Auction, 47/Lot# 3927 $384.00
1/3/2011 NGC MS 64   Stack's Bowers The January 2011 Tampa Bay Rarities Sale, 70/Lot# 377 $695.75
1/5/2014 PCGS Genuine VF   GreatCollections GreatCollections Coin Auctions 01/05/2014, 176/Lot# 159363 $21.00
2/16/2014 PCGS XF 40   David Lawrence Rare Coins Internet Auction # 791, 800/Lot# 50 $70.00


NGC Registry

NGC Registry Score 1853 ARROWS 10C MS
 PrAgGVGFVF4045505355586061626364656667686970
Base596372891312553045395866537648569411051130317072510342753677317796010226
606678103172271382555608690795884978113514381975281640746017753187150
000000382555608690795884978113514381975281640746017753100
0000004615706317278259131014121915722242312147206667774600
Registry Image Gallery
Grade: MS 65
Points: 2510
Owner: yuylsworld
 
Grade: MS 64
Points: 1558
Owner: BillJones
 
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