1865-S 10C MS63 Certification #04580332, PCGS #4642

Owner's Comments

Mintage: 175,000
Obverse Dies: 3 Known

For 1865 San Francisco coinage, three obverse and reverse dies were used, one of the reverse dies being "left over" from 1861. These die produced five different obverse/reverse pairings.

In general, 1865-S dimes are typically seen with flat heads and a weak mintmark. This observation can be explained by the higher availability of Variety 101. Locating an example of Variety 101 with a full head could take years.

Finding AU or better 1865-S dimes in choice original condition could take years of searching. Most examples seen have been cleaned, though the grading services still certify some examples in this state of preservation.

Plate Coin: Fortin 101, White and Well Struck, Extremely Rare Full Head Example in a Condition Census Grade, Formerly Eliasberg Collection

Expert Comments

Ron Guth

The 1865-S Dime is a relatively common date in low grade but it is a true condition-rarity above Very Fine and especially in Mint State.  The reason for the dearth of Uncirculated examples is unknown, but it is typical for remote mints to have lower populations of high-grade coins.  Mint State examples rarely appear on the market and they are always warmly welcomed when they do.  The finest example of which we are aware is a single PCGS MS65+.

Seated Liberty Dime expert, Gerry Fortin, has identified five different die combinations for this year, all of which are Rarity 4 or higher.

17.90 millimeters
James Barton Longacre
2.48 grams
Metal Content
90% Silver, 10% Copper
The United States of America
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Price Guide
PCGS Population
Auctions - PCGS Graded
Auctions - NGC Graded

Rarity and Survival Estimates

65 or Better 250 R-6.6 4 / 67 TIE 11 / 122 TIE
All Grades 8 R-9.6 5 / 67 11 / 122 TIE
60 or Better 1 R-10.0 1 / 67 TIE 1 / 122 TIE

Condition Census

Pos Grade Thumbnail Pedigree and History
1 MS65 PCGS grade

RARCOA “Auction '86” 7/1986:565 - Lemus Collection - Stack's 10/2005:642 - Eugene H. Gardner Collection - Heritage 10/2014:98267, $41,125

2 MS64+ PCGS grade
3 MS64 PCGS grade

Northern Bay Collection - Stack's 3/2006:4290, $34,500 - Stack's 7/2009:399, $30,000 - Stack's/Bowers 8/2011:7290, $37,375

4 MS63 PCGS grade
4 MS63 PCGS grade