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Coins Certified as of 12/6

My Coin #-31986

1853 10C No Arrows MS62

CERTIFICATION#: -31986
PCGS#: 4599

Owner's Comments

Estimated grade. Ex. Bluestone Sale (1945) Sold by David Akers Numismatics Oct '97 Price realized $825

Expert Comments

Ron Guth: 1853 was a year of big changes in American coins, and the Dimes were not immune.  Early in 1853, the Philadelphia Mint produced 95,000 Dimes under the old weight standard of 2.67 grams.  Later in 1853, the weight of the Dime was reduced to 2.49 grams.  To signify the change, engravers placed arrowheads on either side of the date, then the coiners proceeded to strike over 12 million Dimes of the new format.  Ironically, the 1853 With Arrows Dime is more popular with collectors than the No Arrows version -- even though the former has a substantially larger mintage -- because it represents a type issued for only three years.  Nonethless, the 1853 No Arrows Dime is a scarce and popular coin in its own right.  Despite its scarity, collectors can find this date in Mint State with relative ease, and there are several really nice examples (including some MS68's).  

Dime expert, Jerry Fortin, has identifed two die pairs used to strike all of the 1853 No Arrows Dimes.

Diameter: 17.90 millimeters Designer: Robert Ball Hughes/Christian Gobrecht Edge: Reeded
Mintage: 95,000 Weight: 2.48 grams Metal Content: 90% Silver, 10% Copper
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12,000

Rarity and Survival Estimates

Grades Survival Estimate Numismatic Rarity Relative Rarity by Type Relative Rarity by Series
All Grades 800 R-5.4 24 / 34 TIE 72 / 122 TIE
60 or Better 125 R-7.7 26 / 34 TIE 75 / 122 TIE
65 or Better 30 R-8.9 28 / 34 TIE 83 / 122 TIE

Condition Census

Pos Grade Thumbnail Pedigree and History
1 MS68 PCGS grade  

Rusty Forehand Collection - Heritage 6/2006:1043, $18,400 - Rusty Forehand Collection - Heritage 6/2006:1043, $18,400

1 MS68 PCGS grade  
1 MS68 PCGS grade  
1 MS68 PCGS grade  
5 MS67 PCGS grade