1869 10C MS64 Certification #50061385, PCGS #4649

Owner's Comments

Mintage: 256,600
Obverse Dies: 6 Known

Two different date punches were used for the 1869 Philadelphia dies resulting in Short and Long Flag 1 date varieties. The Short Flag 1 varieties are difficult to locate in higher grades and are extremely challenging to find with a full head.

The 1869 date is difficult to locate in the lower circulated grades and scarcer than its mintage would imply. This date is very scarce in EF-AU and becomes extremely scarce in Mint State. Mint State examples still remain undervalued at current pricing levels.

Plate Coin: Fortin 105a, Long Flag 1, Prooflike Fields, Essentially Untoned

Expert Comments

Ron Guth

The 1869 Dime is slightly scarce, thanks to a smaller mintage of 256,000 coins.  A couple dozen Mint State examples are spread out rather evenly across a spectrum of grades ranging from MS63 up to (and including) MS67.  Most examples are very well struck.

Researcher Gerry Fortin has identified seven die pairs used to strike 1869 Dimes.  Three of the die pairs were used to strike both Proofs and coins for circulation, leading to some deceptive early strikes among the Mint State coins.  The Mint State versions are decidedly more rare than their Proof counterparts, thus certification is recommended.

Diameter
17.90 millimeters
Designer
James Barton Longacre
Edge
Reeded
Mintage
256000
Weight
2.48 grams
Metal Content
90% Silver, 10% Copper
Region
The United States of America
Pop Higher
14
Pop Lower
59
Price Guide
PCGS Population
Auctions - PCGS Graded
Auctions - NGC Graded

Rarity and Survival Estimates

Grades
65 or Better 250 R-6.6 4 / 67 TIE 11 / 122 TIE
All Grades 40 R-8.7 19 / 67 TIE 40 / 122 TIE
60 or Better 10 R-9.5 23 / 67 TIE 53 / 122 TIE

Condition Census

Pos Grade Thumbnail Pedigree and History
1 MS67 PCGS grade

Heritage 8/2006:875, $6,325

1 MS67 PCGS grade

RARCOA, sold privately in 3/2001 - Eugene H. Gardner Collection - Heritage 5/2015:98242, $7,637.50

1 MS67 PCGS grade
1 MS67 PCGS grade
1 MS67 PCGS estimated grade