Coin Specifications

Category: Seated Liberty Dimes (1837-1891)
Mint: Philadelphia
Mintage: 1,883,000
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: $1.14 (12/18/2014)
Diameter: 17.9mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
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1861 10C MS obverse 1861 10C MS reverse


  
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Description & Analysis

1861 was the final year in which silver coinage circulated freely before the Civil War prompted the hoarding of all coins during 1862. Silver would not return to circulation in most of the nation until the mid 1870s.

This issue is common in circulated grades and fairly plentiful in the lower Mint State range.

The original obverse hub used for 1860 and part of 1861 was a bit shallow in its details, and a new hub was created this year which resulted in dimes that were more durable in circulation. These varieties are easily distinguished by the number of vertical lines appearing above the LIBERTY banner. Type 1 (photos) has just five lines visible, while Type 2 has six lines representing three red stripes. The five-line obverse is more scarce, but collectors have shown little interest in this feature alone. Collectable die states displaying rusted dies are known for each obverse hub type.

GRADE SUMMARY

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Price Guide

Last Updated: 7/24/2014

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1861 10C MS
  GVGFVF4045505355586061626364656667686970
Base $ 13.00 15.00 20.00 32.00 53.00 53.00 80.00 93.00 110 125 160 175 235 325 450 1400 3750 6750 - - -
$ 59.00 90.00 100.00 110 135 175 195 260 350 500 1750 4500 - -
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Census

 
NGC GRADE SUMMARY

Total Graded: 140
Low Grade: G
Average Grade: 61
High Grade: 67


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
1/14/2002 PCGS MS 63   Teletrade Auction 1528, 1528/Lot# 1206 $207.10
7/25/2006 NGC MS 66   Heritage Auctions Exclusively Internet Auction #26081, 26081/Lot# 11161 $1,897.50
2/11/2007 NGC MS 66   Goldberg February 11-14, 2007 Pre-Long Beach Coin and Currency Auction, 39/Lot# 1301 $1,438.00
11/29/2007 NGC MS 65   David Lawrence Rare Coins Thursday - Internet Auction # 199, 205/Lot# 8429 $1,265.00
1/12/2014 PCGS MS 64   GreatCollections GreatCollections Coin Auctions 01/12/2014, 180/Lot# 162268 $407.00
2/3/2014 PCGS MS 64   Heritage Auctions 2014 February 3 - 5 US Coins Signature Auction - New York Session(5), 1202/Lot# 7455 $440.63
6/23/2014 NGC MS 66   Heritage Auctions 2014 June 23 The Eugene H. Gardner Collection of US Coins Signature Auction - New York Session(1), 1213/Lot# 30259 $1,762.50


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