1823/2 10C Small Es Capped Bust Dime
The 1823/2 Capped Bust Dime, particularly the 10C Small E's (Regular Strike), is a fascinating piece for collectors, steeped in rich numismatic history. This coin was minted in the Philadelphia Mint, which was the only U.S. Mint in operation at the time. The 1823/2 overdate is an intriguing anomaly; it involves using a leftover die from 1822 that was modified for 1823. This particular overdate error adds a unique appeal among collectors and numismatists.
Mintage and Rarity
The mintage for the 1823/2 Capped Bust Dime is relatively low, with an estimated production of only 440,000 coins. Among these, only a subset features the Small E's variety. This scarcity, combined with its historical significance, makes it a highly sought-after coin. The PCGS CoinFacts provides further granularity with the coin's catalog number PCGS #4489, which helps aficionados track and verify the coin's authenticity. The rarity of this particular overdate and variety has made it a desirable target for collectors. While it's challenging to pinpoint the exact number of surviving coins, fewer high-grade examples exist, further elevating its value in the numismatic market.
Historical Significance
From a historical perspective, the 1823/2 10C Small E's is part of the Capped Bust series designed by John Reich. This series holds historical importance as it reflects the fledgling American Republic's early efforts at establishing a standardized currency following the Coinage Act of 1792.
Value and Past Sales
The value of the 1823/2 10C Small E's can vary significantly based on its condition, with well-preserved examples fetching substantial sums. In recent years, auction results have showcased vigorous interest and competitive bidding. Coins that are graded in higher conditions such as AU (About Uncirculated) or MS (Mint State) have achieved impressive sale prices, often climbing into the tens of thousands of dollars. Key sales have reflected the premium that collectors are willing to pay for this blend of rarity and historical allure. Collectors can find relevant auction results through large auction sites which detail specific instances of sales. These include various sales that demonstrate the high demand and appreciation for this coin's rarity. Even those in lower grades attract significant interest due to their historical value and limited supply.
Conclusion from a Numismatic Viewpoint
The 1823/2 10C Small E's (Regular Strike) represents a combination of early American mint craftsmanship, historical significance, and scarcity, making it a jewel for any collection. This coin not only allows enthusiasts to own a piece of early 19th-century American history but also offers an insightful glimpse into the manufacturing techniques of the era. Understanding the broader context of its rarity, mintage, and historical impact accentuates why collectors and historians alike treasure the 1823/2 Capped Bust Dime. As values continue to soar, it embodies a burgeoning interest in numismatics fueled by a quest for historical authenticity and the richness of early U.S. coinage.
