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: $0.62 (5/23/2015)
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
  GVGFVFXF5053555861626364656667686970
Base $ 18.00 22.00 26.00 34.00 68.00 140 160 170 180 225 280 345 550 1550 3750 11000 - - -
$ 75.00 150 170 180 195 240 310 380 665 1950 5300 16500 -

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: 1205
Low Grade: PrAg
Average Grade: 60
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
5/27/1996 NGC MS 65   Teletrade Auction 0844, 844/Lot# 1275 $817.50
12/13/1999 NGC MS 64   Teletrade Auction 1247, 1247/Lot# 1204 $436.00
11/2/2008 PCGS MS 62   Heritage Auctions Sunday Internet Coin Auction #68112, 68112/Lot# 62145 $184.00
6/26/2011 PCGS XF 45   Heritage Auctions Internet Coin Auction Session(2), 131127/Lot# 26790 $79.00
9/4/2011 NGC AU 58   Goldberg September 4-6, 2011 The Pre-Long Beach Auction, 65/Lot# 914 $138.00
2/28/2012 NGC MS 66   Stack's Bowers The March 2012 Baltimore Auction, 135/Lot# 1957 $1,840.00
5/6/2012 PCGS XF 45   GreatCollections GreatCollections Coin Auctions 05/06/2012, 21/Lot# 50793 $62.70
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
Base677289106139265288477527551575642674783900120621613345536756841323316496
697895117181273351494535559597653710822100215242556401954738200143210
00000035149453555959765371082210021524255640195473820000
000000414510543567620663747861110418432950469355781071700
Registry Image Gallery
Grade: MS 66
Points: 3345
Owner: Electric Peak Collection
 
Grade: MS 64
Points: 1206
Owner: pulver set
 
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