Coin Specifications

Category: Seated Liberty Dimes (1837-1891)
Mint: Philadelphia
Mintage: 4,470,000
Obverse Designer: Christian Gobrecht and Robert B. Hughes
Reverse Designer: Christian Gobrecht
Composition: Silver
Fineness: 0.9000
Weight: 2.4900g
ASW: 0.0723oz
Melt Value: $2.07 (5/18/2021)
Diameter: 17.9mm
Edge: Reeded
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1854 ARROWS 10C MS obverse 1854 ARROWS 10C MS reverse
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Description & Analysis

The massive output of dimes from the Philadelphia Mint in 1853 went a long way toward replacing the decades of dime production at the earlier, now obsolete, standard. Though the 4.47 million pieces struck for 1854 was still an enormous mintage for the period, this only serves to show the magnitude of the need for replacement coins.

In order to speed this recoining by encouraging deposits of silver bullion, Mint Director James R. Snowden disregarded a provision of the 1853 law stipulating that fractional silver coins be paid out only in exchange for gold coin. This clause had been included to prevent a redundancy of fractional silver, as these coins had only limited legal tender value and could be refused by banks in excess of their needs. Snowden believed that the earlier shortage was so severe that the problem could be addressed only by sidestepping the law and, for a time, he was correct. He therefore offered to purchase silver bullion at slightly higher than the market price and to pay for it with newly-minted silver coins. By 1857, however, their numbers had become a nuisance, and his policy was rescinded during the following year.

There are no true varieties for the 1854 dime, despite the many dies required for such a large mintage. Only various die state anomalies are found, and the most appealing of these is F-104a with its shattered obverse.

GRADE SUMMARY

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Price Guide

Last Updated: 8/30/2019

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

1854 ARROWS 10C MS
  GVGFVFXF505355586061626364656667686970
Base $ 16.50 21.00 35.00 65.00 110 175 195 215 280 340 360 400 620 1075 1600 3300 12500 - - -
$ - - - - - - - - - 1250 - 4500 - -

NGC Price and Value Guides Disclaimer

Disclaimer: The prices listed in the various NGC Price and Value Guides are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. Prices provided are averages, not specific prices for individual coins. Further, because these prices are only updated from time to time, they do not reflect short term pricing trends, which are quite common and are often quite dramatic, given the volatile nature of the collectible coin marketplace. This is especially true for rare coins, where there are fewer sales and greater variations in sale prices. For all of these reasons, the prices in these guides are designed to serve merely as one of many measures and factors that coin buyers and sellers can use in determining coin values. These prices are not intended, and should not be relied upon, to replace the due diligence and — when appropriate — expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Guides. By using the NGC Guides, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the Guides.

Census

 
NGC GRADE SUMMARY

Total Graded: 269
Low Grade: G
Average Grade: 60
High Grade: 68

The chart showing G series, VG series, F series, VF series, 40 series, 45 series, 50 series, 53 series, 55 series, 58 series, 60 series, 61 series, 62 series, 63 series, 64 series, 65 series, 66 series, 67 series, 68 series.
NGC CENSUS DETAIL Last Updated: 5/11/2021 1854 ARROWS 10C MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-424101014-92045-11232947211271--269
-----------------------
---------------1--2---3
-----------------------
Total-424101014-92045-11232948211291--272
 -1%1%1%4%4%5%-3%7%17%-4%8%11%18%8%4%3%0%-- 

NGC Registry

NGC Registry Score 1854 ARROWS 10C MS
 PrAgGVGFVF4045505355586061626364656667686970
Base416785143255395463563609653783865925101312961552219731495656705276788753
5073104180302418496578624696810885954110713811767251439856121726180369191
000000496578624696810885954110713811767251439856121726100
000000530594638740838905984120214671982283248206587746900
Registry Image Gallery
Grade: MS 62
Points: 1013
Owner: pulver set
 
Grade: F 15
Points: 143
Owner: Ed B
 
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NGC Auction Central Disclaimer

NGC Auction Central Disclaimer

Disclaimer: The auction prices realized listed in the NGC Auction Central are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. The auction data listed by NGC may occasionally contain typographical or input errors that can result in incorrect prices realized appearing on the NGC website. Therefore, the prices realized listed in NGC Auction Central are designed to serve merely as one of many measures and facts that coin buyers and sellers can use in determining coin values. These prices are not intended, and should not be relied upon, to replace the due diligence and – when appropriate – expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Auction Central. By using the NGC Auction Central, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the NGC Auction Central.