Coin Specifications

Category: Seated Liberty Dimes (1837-1891)
Mint: Philadelphia
Mintage: 14,000
Catalog: KM-92
Obverse Designer: James B. Longacre
Reverse Designer: James B. Longacre
Composition: Silver
Fineness: 0.9000
Weight: 2.49g
ASW: 0.0723oz
Melt Value: $1.39 (9/29/2016)
Diameter: 17.9mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
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1863 10C MS obverse 1863 10C MS reverse


  
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VarietyPlus®

There are no NGC varieties for this coin.

Description & Analysis

By 1863 silver coins were traded for a significant premium over the value of federal paper currency, and they were not seen in daily commerce, except in the Far West. There the inflationary economy rendered the dime the smallest coin in use, and silver circulated freely.

It appears that this small mintage of dimes at the Philadelphia Mint was produced primarily for the purpose of paying off the Mint's bullion depositors to the exact amount due them. The demand from collectors was solely for proofs until decades later. The same die pair was used for both editions.

With little likelihood of circulation, it's not surprising that the surviving population of 1863(P) dimes is skewed toward Mint State grades or just faintly worn pieces. Well worn examples are more rare than unworn dimes for this and most P-Mint issues of the mid 1860s.

GRADE SUMMARY

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Price Guide

Last Updated: 9/22/2016

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

1863 10C MS
  GVGFVFXF505355586061626364656667686970
Base $ 700 950 1275 1400 1600 1700 1750 1800 1850 2000 2200 2400 2800 3300 4850 6850 9250 - - -
$ - - - - - - - - - - - - - -

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Census

 
NGC GRADE SUMMARY

Total Graded: 40
Low Grade: G
Average Grade: 62
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
11/13/2000 PCGS MS 65   Teletrade Auction 1377, 1377/Lot# 1190 $2,407.50
6/3/2004 NGC MS 67   Heritage Auctions 2004 June Long Beach Signature Sale #349, 349/Lot# 6044 $6,670.00
8/8/2014 NGC MS 65   Stack's Bowers August 2014 Chicago ANA, 6014/Lot# 3256 $7,637.50
9/21/2014 PCGS MS 62   David Lawrence Rare Coins Internet Auction # 822, 831/Lot# 70 $2,000.00
1/7/2015 PCGS MS 63   Heritage Auctions 2015 January 7 - 12 FUN US Coins Signature Auction - Orlando Session(1), 1216/Lot# 3802 $2,820.00
2/5/2015 NGC MS 66   Stack's Bowers 2015 Americana Auction, 6070/Lot# 1426 $4,112.50
8/12/2015 PCGS MS 65   Heritage Auctions 2015 August 12 - 16 ANA US Coins Signature Auction - Chicago Session(1), 1223/Lot# 3657 $3,995.00
1/6/2016 NGC MS 66   Heritage Auctions 2016 January 6 - 11 FUN US Coins Signature Auction - Tampa Session(2), 1231/Lot# 3741 $3,055.00


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