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DIME 1853-1855 Arrows at Date

Description

As early as 1853, it became well known that the content of silver in a dime was worth more than its face value. As a result, millions of coins were hoarded. Because of this, coins in grades from Good through Extremely Fine or AU are readily available. Hoarding also prompted a decrease in weight from 41.25 grains to 38.4.

To signify this change, tiny arrowheads were placed to the left and the right of the date. Otherwise the Liberty Seated design remains the same as used from 1838 through early 1853. Large quantities were produced of the 1853 with arrows Philadelphia Mint issues; a coinage in excess of 12 million. Lesser quantities were made of other issues, Philadelphia and San Francisco pieces, through 1855.

Valuation

Despite the massive quantity minted, Uncirculated pieces remain scarce, and superb Uncirculated coins are quite difficult to find.
COIN NAME
DIME 1853-1855 Arrows at Date
DESIGNED BY
Christian Gobrecht
ISSUE DATE
1853-1855
COMPOSITION
0.900 part silver, 0.100 part copper
DIAMETER
17.9 mm
WEIGHT
38.4 grains
EDGE
Reeded
BUS MINT
21,493,010
PROOF MINT
Fewer than 150

The statements made on this website are opinions only. Past results are no guarantee of future performance or returns. Precious metals, like all investments, carry risk. Precious metals and coins may appreciate, depreciate, or stay the same depending on a variety of factors. Lear Capital, Inc. cannot guarantee, and makes no representation, that any metals purchased will appreciate at all or appreciate sufficiently to make customers a profit. Lear is a retail seller of precious metals and its buyback (or bid) prices are lower than its sell (or ask) prices. Metals must appreciate enough to account for this difference in order for customer to make a profit when liquidating the metals. Lear does not provide financial advice or retirement planning services. The decision to purchase or sell precious metals, and which precious metals to purchase or sell, are the customer’s decision alone, and purchases and sales should be made subject to the customer’s own research, prudence and judgment.