Coin Specifications

Category: Seated Liberty Half Dimes (1837-1873)
Mint: Philadelphia
Mintage: 13,210,020
Catalog: KM-76
Obverse Designer: Robert B. Hughes
Reverse Designer: Christian Gobrecht
Composition: Silver
Fineness: 0.9000
Weight: 1.24 Grams
ASW: 0.0359oz
Melt Value: $0.58 (12/29/2014)
Diameter: 15.5mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
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1853 ARROWS H10C MS obverse 1853 ARROWS H10C MS reverse


  
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Description & Analysis

The huge influx of gold following the California Gold Rush of 1849 lowered the value of this metal in relation to silver, pushing up the bullion value of United States silver coins above their face value as reckoned in gold. Widespread hoarding resulted, and it took several years of Congressional dithering before action was finally taken with the Act of February 21, 1853. This reduced the weight of the half dime through half dollar about 7%, just enough to keep them in circulation.

A massive recoining ensued, and the Philadelphia Mint produced more than 13 million half dimes of the new tenor in just the first year. This date is extremely common in worn condition, so common in fact that dealers specifically excluded the "Arrows" coins from their buy ads well into the 20th Century.

While there appears to have been no conscious attempt to preserve Mint State examples at the time of issue, the sheer numbers produced has provided collectors with a generous supply. Precious few of these, however, qualify as gems.

Despite its large mintage this date has resulted in very few varieties. The only one of note is a misplaced date in which the bottoms of duplicate numerals 853 are seen protruding from Liberty's base.

GRADE SUMMARY

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Price Guide

Last Updated: 5/6/2014

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

1853 ARROWS H10C MS
  GVGFVF4045505355586061626364656667686970
Base $ 18.00 22.00 26.00 34.00 68.00 68.00 140 160 170 180 210 225 280 345 550 1550 3750 11000 - - -
$ 75.00 150 170 180 195 220 240 310 380 665 1950 5300 16500 -
NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 1195
Low Grade: PrAg
Average Grade: 60
High Grade: 67


Upcoming Auctions

A random selection of NGC coins is shown below.

Images
Date
Grade
Auction House
Sale / Lot
12/30/2014 AU 55   Heritage Auctions Internet Coin Auction Session(2), 131452/Lot# 29430


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
4/22/1996 NGC MS 64   Teletrade Auction 0834, 834/Lot# 312 $392.40
7/9/2009 NGC MS 65   Heritage Auctions 2009 July West Palm Beach, FL (Summer FUN) Signature US Coin Auction #1127, 1127/Lot# 311 $1,150.00
1/30/2011 PCGS MS 64   Goldberg January 30 - February 3, 2011 The Pre-Long Beach Coin and Currency Auction, 62/Lot# 1278 $483.00
6/26/2011 PCGS XF 45   Heritage Auctions Internet Coin Auction Session(2), 131127/Lot# 26790 $79.00
2/28/2012 NGC MS 66   Stack's Bowers The March 2012 Baltimore Auction, 135/Lot# 1957 $1,840.00
3/16/2014 NGC AU 50   GreatCollections GreatCollections Coin Auctions 03/16/2014, 172/Lot# 154248 $104.22
3/23/2014 PCGS AU 58   David Lawrence Rare Coins Internet Auction # 796, 805/Lot# 786 $285.00


NGC Registry

NGC Registry Score 1853 ARROWS H10C MS
 PrAgGVGFVF4045505355586061626364656667686970
Base59728910613926547752753955157564267478390012062161334553677969132331
637895117181336494531543559597653710822100215242556401962349724132330
00000049453154355959765371082210021524255640196234972400
000000510535547567620663747861110418432950469371021147800
Registry Image Gallery
Grade: MS 66
Points: 3345
Owner: Electric Peak Collection
 
Grade: MS 64
Points: 1206
Owner: pulver set
 
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