Coin Specifications

Category: Seated Liberty Dimes (1837-1891)
Mint: Philadelphia
Mintage: 4,470,000
Catalog: KM-77
Obverse Designer: Christian Gobrecht and Robert B. Hughes
Reverse Designer: Christian Gobrecht
Composition: Silver
Fineness: 0.9000
Weight: 2.49g
ASW: 0.0723oz
Melt Value: $1.27 (10/22/2016)
Diameter: 17.9mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
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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 By 1857, however, their numbers had become a nuisance, and his policy was rescinded during the following year.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.


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Price Guide

Last Updated: 9/22/2016

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

1854 ARROWS 10C MS
Base $ 16.00 18.00 25.00 40.00 80.00 190 210 240 300 340 400 500 665 1075 2200 4250 12500 - - -
$ - - - - - - - - - 1250 - 4800 - -

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Total Graded: 256
Low Grade: G
Average Grade: 61
High Grade: 68

Upcoming Auctions

Auction Prices Realized

A random selection of coins is shown below.

Auction House
Sale / Lot
1/25/2004 PCGS MS 62   Goldberg January 25-28, 2004 Pre-Long Beach Coin and Currency Auction, 23/Lot# 1871 $448.50
6/3/2008 NGC AU 55   Heritage Auctions Tuesday Internet Coin Auction #28062, 28062/Lot# 22269 $149.50
12/11/2011 PCGS AU 58   Teletrade Auction 3187, 3187/Lot# 1905 $195.50
10/17/2012 PCGS MS 64   Stack's Bowers The November 2012 Baltimore Auction - US and World Lots - Live and Internet Only Sessions, 144/Lot# 1337 $747.50
1/9/2013 PCGS AU 55   Heritage Auctions 2013 January 9-13 US Coin FUN Signature Auction - Orlando Session(7), 1181/Lot# 9459 $485.28
4/24/2013 NGC MS 66   Heritage Auctions 2013 April 24 - 28 CSNS US Coin Signature Auction - Chicago Session(2), 1184/Lot# 1729 $3,400.45
5/5/2013 PCGS MS 92   David Lawrence Rare Coins Internet Auction # 750, 759/Lot# 121 $160.00
4/13/2014 NGC MS 65   Heritage Auctions Internet Coin Auction Session(1), 131416/Lot# 20067 $1,527.50
8/12/2015 PCGS MS 67   Heritage Auctions 2015 August 12 - 16 ANA US Coins Signature Auction - Chicago Session(2), 1223/Lot# 3992 $7,931.25

NGC Registry

NGC Registry Score 1854 ARROWS 10C MS
Registry Image Gallery
Grade: MS 64
Points: 1799
Owner: yosi
Grade: MS 62
Points: 1138
Owner: pulver set
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