PCGS grade. Sold by Bowers & Merena May '96 price realized $5,500.Lot #1179. Image courtesy of Heritage Numismatic Auctions. Pedigreed 3/26/15.
In keeping wth the two previous years, employees at the Philadelphia Mint produced hardly any Dimes at all -- in fact, it probably took as much time to make the 500 Proofs of this year as it did to make the short run of 10,000 circulation strikes. Fortunately, by 1865 the number of collectors in America was large enough that sufficient Mint State examples were socked away to satisfy the demands of collectors a century or more later, though such coins are not inexpensive by any means. Nonetheless, like the 1863, 1864, 1866, and 1867 Dimes, the 1865 seems like a tremendous value when compared to regular type coins of the period.
Seated Dime researcher Gerry Fortin identified two die pairs for this year: one used solely for Proof coins; and the other only for circulation strikes.
Louis E. Eliasberg, Sr. Collection - Bowers & Merena 5/22/1996:1179, $5,500 - Heritage 10/2001:5974 - Legend Numismatics, sold privately in 10/2001 - Eugene H. Gardner Collection - Heritage 10/2014:98266, $14,687.50