Coin Specifications

Category: Seated Liberty Dimes (1837-1891)
Mint: Philadelphia
Mintage: 847,000
Obverse Designer: James B. Longacre
Reverse Designer: James B. Longacre
Composition: Silver
Fineness: 0.9000
Weight: 2.4900g
ASW: 0.0723oz
Melt Value: $1.34 (2/22/2020)
Diameter: 17.9mm
Edge: Reeded
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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: 8/30/2019

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

1862 10C MS
  GVGFVFXF505355586061626364656667686970
Base $ 19.00 23.00 29.00 35.00 75.00 105 125 155 165 180 225 285 390 560 1100 2900 6750 - - -
$ - - - - - - - - - - 1500 5000 - -

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Census

 
NGC GRADE SUMMARY

Total Graded: 188
Low Grade: VG
Average Grade: 62
High Grade: 67

The chart showing 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.
NGC CENSUS DETAIL Last Updated: 2/18/2020 1862 10C MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base--1221312571715435229151---187
--------------1-------1
-----------------1----1
-----------------------
Total--1221312571715445229161---189
 --1%1%1%1%2%1%1%3%4%1%4%8%23%28%15%8%1%--- 
1862 10C MS PL
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-------------1--------1
-----------------------
-----------------------
-----------------------
Total-------------1--------1
 -------------100%-------- 

NGC Registry

NGC Registry Score 1862 10C MS
 PrAgGVGFVF4045505355586061626364656667686970
Base3776941191432883363814375155395756747939741219179929604361458950466682
508210212719130435140046352355160871485310561412218634274437474155910
00000035140046352355160871485310561412218634274437474100
00000036641848953156364175391411371606257338944513489400
Registry Image Gallery
Grade: MS 64
Points: 1219
Owner: Whidbey Island Collection
 
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