1814 10C STATESOF Capped Bust Dime
The 1814 10C "STATESOF" variety is a fascinating piece of early American numismatic history. This variety of the Capped Bust Dime is so named due to a die crack that appears in the reverse inscription "UNITED STATES OF AMERICA," making it appear as "STATESOF." This unique feature adds an element of intrigue and desirability for collectors.
Mint and Mintage
The 1814 Capped Bust Dime was minted in Philadelphia, the only U.S. Mint at the time. The coin had a total mintage of 421,500 pieces. However, the "STATESOF" variety accounts for a much smaller portion of these coins, contributing substantially to its rarity.
Rarity and Appeal
From a numismatist's perspective, the "STATESOF" variety is sought after not only for its rarity but also for the story it tells about early 19th-century minting processes. Die cracks and other minting errors from this era are particularly cherished, as they provide insights into the conditions and limitations of coin production at the time.
Numismatic Value
The value of the 1814 10C STATESOF variety can vary significantly based on condition, rarity, and collector interest. Coins in good condition will often fetch higher prices due to their scarcity. According to recent sales data from coin auctions like Heritage Auctions and Stack's Bowers, the value can range from several hundred dollars for well-worn examples to thousands of dollars for those in mint-state condition.
Reference Values and Sales
Good to Fine Condition: These coins can often sell for $300 to $800, depending on the specific grade and market demand.
Very Fine to Extra Fine: Prices may range from $1,000 to $2,500, reflecting their improved condition and greater appeal to collectors.
Mint State: Coins in mint state, particularly those graded MS62 to MS65 by PCGS, have been known to reach prices between $5,000 and $15,000. Exceptional specimens with excellent eye appeal and minimal wear can push even higher.
PCGS Coin Facts and Number
According to PCGS CoinFacts, the 1814 STATESOF variety is sought after and monitored within the numismatic community. The PCGS Number for this coin is #4492, and collectors often look for this specific number when seeking authenticated and graded pieces.
Historical Context
1814 was a year marked by significant challenges for the United States, including the ongoing War of 1812. Coins from this era are reminders of the resilient economic mechanisms of a young nation still defining its identity. The Capped Bust design, employed from 1809 to 1837, is itself an emblem of American artistry, with the head of Liberty designed by John Reich. Collectors appreciate the STATESOF variety as a piece of living history, representing not just the economic reality of the early 1800s but also embodying the technical artistry and imperfections that define this beloved collecting field. For more information, collectors are encouraged to search for recent auction results and collectors markets to stay updated on current valuation trends.
