Coin Specifications

Category: Seated Liberty Dimes (1837-1891)
Mint: Philadelphia
Mintage: 847,000
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: $1.16 (12/27/2014)
Diameter: 17.9mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
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1862 10C MS obverse 1862 10C MS reverse


  
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Description & Analysis

This issue's mintage doesn't suggest a very common coin, but then 1862 was not a normal year. Banks suspended specie (gold and silver coin) payments in December of 1861. Gold coins were hoarded almost immediately, and silver disappeared from circulation by the spring of '62. As a result of such hoarding, many 1862(P) dimes remained idle in vaults until discovered years later. A fair number of these found their way to collectors, making this issue still common today through the mid grades of Mint State.

All dimes of 1862-91 feature the sharper, Type 2 obverse having six lines visible above the LIBERTY banner. The most desirable variety pairs a repunched date obverse with a gouged reverse.

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.

1862 10C MS
  GVGFVF4045505355586061626364656667686970
Base $ 13.00 16.00 19.00 30.00 53.00 53.00 80.00 95.00 115 130 165 200 250 370 500 1300 3600 6600 - - -
$ 59.00 90.00 105 120 140 180 220 275 400 550 1500 4300 7500 -
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Census

 
NGC GRADE SUMMARY

Total Graded: 172
Low Grade: VG
Average Grade: 63
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
1/24/2005 NGC MS 62   David Lawrence Rare Coins Internet-Only Auction #25, 29/Lot# 161 $184.00
6/14/2005 NGC MS 63   Heritage Auctions Exclusively Internet Auction #25063, 25063/Lot# 11149 $276.00
1/5/2011 PCGS MS 66   Heritage Auctions 2011 January Tampa FUN Signature & Platinum Night US Coin Auction Session(1), 1151/Lot# 3299 $4,600.00
10/17/2012 PCGS MS 65   Stack's Bowers The November 2012 Baltimore Auction - US and World Lots - Live and Internet Only Sessions, 144/Lot# 1348 $1,063.75
3/11/2013 NGC MS 60   Teletrade Auction 3421, 3421/Lot# 1517 $100.00
7/11/2013 PCGS MS 64   Heritage Auctions 2013 July 11 - 14 US Coins Signature Auction - Orlando Session(5), 1187/Lot# 7611 $470.00
10/27/2014 NGC MS 66   Heritage Auctions 2014 October 27 The Eugene H. Gardner Collection II US Coins Signature Auction - New York Session(1), 1214/Lot# 98264 $1,762.50


NGC Registry

NGC Registry Score 1862 10C MS
 PrAgGVGFVF4045505355586061626364656667686970
Base13232375081151220292336398437450477527865173021243987641211
11323341601041742443063564114414594936391153186127454795641210
0000001742443063564114414594936391153186127454795641200
0000001972683213774244454685107521441199233665603641200
Registry Image Gallery
Grade: MS 66
Points: 2124
Owner: yeoldeone
 
Grade: MS 64
Points: 865
Owner: Whidbey Island Collection
 
View the Registry Image Gallery

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