Coin Specifications

Category: Seated Liberty Half Dimes (1837-1873)
Mint: Philadelphia
Mintage: 13,210,020
Obverse Designer: Christian Gobrecht and Robert B. Hughes
Reverse Designer: Christian Gobrecht
Composition: Silver
Fineness: 0.9000
Weight: 1.2400g
ASW: 0.0359oz
Melt Value: $0.62 (9/26/2017)
Diameter: 15.5mm
Edge: Reeded
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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: 11/4/2016

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1853 ARROWS H10C MS
  GVGFVFXF505355586061626364656667686970
Base $ 21.00 28.00 32.00 40.00 80.00 140 155 160 180 215 225 260 345 520 1300 2600 10500 - - -
$ - - - - - - - - 365 625 1800 3650 22000 -

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Census

 
NGC GRADE SUMMARY

Total Graded: 1323
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
11/7/2003 PCGS MS 65   Heritage Auctions 2003 November Signature Sale #334, 334/Lot# 5925 $1,610.00
8/13/2006 PCGS AU 53   Teletrade Auction 2244, 2244/Lot# 1477 $156.80
2/1/2009 NGC MS 66   Goldberg February 1-4, 2009 Pre-Long Beach Coin and Currency Auction, 51/Lot# 825 $2,473.00
3/30/2014 NGC MS 64   GreatCollections GreatCollections Coin Auctions 03/30/2014, 184/Lot# 164888 $396.10
7/11/2014 PCGS MS 65   Stack's Bowers August 2014 Chicago ANA, 6014/Lot# 5530 $1,116.25
11/2/2014 PCGS MS 98   David Lawrence Rare Coins Internet Auction # 828, 837/Lot# 10453 $71.00
4/19/2015 NGC MS 62   Heritage Auctions Internet Coin Auction Session(1), 131517/Lot# 27170 $258.50
7/6/2017 PCGS MS 66   Heritage Auctions 2017 July 6 - 9 Summer FUN US Coins Signature Auction - Orlando Summer FUN Session(2), 1257/Lot# 3568 $1,399.43


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
 
Grade: MS 64
Points: 1206
Owner: pulver set
 
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