1853 10C Arrows (Regular Strike)

Series: Liberty Seated Dimes 1837-1891

PCGS MS68+

PCGS MS68+

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PCGS MS68

PCGS MS68

PCGS MS67+

PCGS MS67+

PCGS #:
4603
Designer:
Robert Ball Hughes/Christian Gobrecht
Edge:
Reeded
Diameter:
17.90 millimeters
Weight:
2.48 grams
Mintage:
12,078,010
Mint:
Philadelphia
Metal:
90% Silver, 10% Copper
Major Varieties

Die Varieties

Current Auctions - PCGS Graded
Current Auctions - NGC Graded
For Sale Now at Collectors Corner - PCGS Graded
For Sale Now at Collectors Corner - NGC Graded

Rarity and Survival Estimates Learn More

Grades Survival
Estimate
Numismatic
Rarity
Relative Rarity
By Type
Relative Rarity
By Series
All Grades 4,000 R-4.2 5 / 5 113 / 122 TIE
60 or Better 900 R-5.2 5 / 5 119 / 122
65 or Better 130 R-7.7 5 / 5 106 / 122 TIE
Survival Estimate
All Grades 4,000
60 or Better 900
65 or Better 130
Numismatic Rarity
All Grades R-4.2
60 or Better R-5.2
65 or Better R-7.7
Relative Rarity By Type All Specs in this Type
All Grades 5 / 5
60 or Better 5 / 5
65 or Better 5 / 5
Relative Rarity By Series All Specs in this Series
All Grades 113 / 122 TIE
60 or Better 119 / 122
65 or Better 106 / 122 TIE

Condition Census What Is This?

Pos Grade Image Pedigree and History
1 MS68+ PCGS grade  
	PCGS #4603 (MS) 68+

Heritage 3/2005:5462, $57,500 - Bob R. Simpson Collection

2 MS68 PCGS grade PCGS #4603 (MS)     68

High Desert Collection (PCGS Set Registry)

2 MS68 PCGS grade
2 MS68 PCGS grade
5 MS67+ PCGS grade
6 MS67 PCGS grade PCGS #4603 (MS)     67
6 MS67 PCGS grade
6 MS67 PCGS grade
6 MS67 PCGS grade
6 MS67 PCGS grade
 
	PCGS #4603 (MS) 68+ 
#1 MS68+ PCGS grade

Heritage 3/2005:5462, $57,500 - Bob R. Simpson Collection

PCGS #4603 (MS)     68 #2 MS68 PCGS grade

High Desert Collection (PCGS Set Registry)

#2 MS68 PCGS grade
#2 MS68 PCGS grade
#5 MS67+ PCGS grade
PCGS #4603 (MS)     67 #6 MS67 PCGS grade
#6 MS67 PCGS grade
#6 MS67 PCGS grade
#6 MS67 PCGS grade
#6 MS67 PCGS grade
Ron Guth:

In 1853, the weight of the Half Dimes, Dimes, Quarter Dollars and Half Dollars was reduced to reflect a rise in the price of silver. The older coins were already being destroyed in large quantities because their intrinsic value exceeded their face value. To differentiate the new coins from the old, the Mint placed arrowheads on either side of the date. This did two things: it made it easy to identify the older coins with just a glance; and it also protected the newer coins from being melted, since they were immediately identifiable as the lower-weight coins.

The mintage of the new 1853 "With Arrows" Dimes was huge (the mintage of 12 million plus coins was at least six times that of any previous mintage of a U.S. Dime). Presumably, the Mint achieved this milestone by converting old coins to new as fast as it could.

Because of the high mintage, the 1853 Dime with Arrows is a common coin in virtually all grades, especially up through MS-64. Gems are slightly scarcer, but still obtainable, and it is only in MS-67 and MS-68 that this date becomes a condition rarity. However, demand from type collectors keeps the price of this issue higher than it would be under normal circumstances.

The finest example certified by PCGS (as of April 2012) is a wonderful MS-68 that features vivid luster and intense toning on both sides (see the image of this remarkable coin above).