1829 10C Medium 10C Capped Bust Dime
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The 1829 Capped Bust Dime, specifically the Medium 10C variety, is a fascinating coin for numismatists and collectors alike. Minted in the early 19th century, this coin has a storied history that adds to its allure. Here's an in-depth look at the 1829 Medium 10C Capped Bust Dime, including its rarity, mintage, value, and historical significance. The Philadelphia Mint, the sole producer of the nickels at this time, struck the 1829 Capped Bust Dimes. The total mintage for all 1829 dimes was 770,000 pieces, but the Medium 10C variety represents a smaller portion of this total, adding to its desirability and perceived scarcity among collectors.
Historical Context and Design
The Capped Bust design, utilized from 1809 to 1837, was the work of Chief Engraver of the United States Mint, William Kneass. The obverse features the classic Liberty bust, donning a Phrygian cap and encircled by stars. The reverse showcases an eagle with a shield on its breast, clutching arrows and an olive branch, a symbol of a strong yet peaceful nation. The "Medium 10C" refers to the size and placement of the denomination on the reverse of the coin. This subtle difference from other varieties in the same year contributes to its collectible status. Numismatists value these distinctions, making the Medium 10C particularly sought after.
Rarity and Collectibility
The rarity of the 1829 Medium 10C Capped Bust Dime is partially due to its age and historical role, but more so due to the limited number of these coins that have survived in higher grades. This variety is less common than its Small 10C counterpart, making it more appealing to collectors aiming to complete a set of Capped Bust dimes. Collectors and numismatists treasure this coin for its intriguing blend of historical significance and relatively scarce availability. The 1829 Medium 10C is often looked for by those who appreciate the history of American coinage and the early Mint's artistry.
Value and Recent Sales
The value of the 1829 Medium 10C varies significantly based on its condition. Coins in average circulated condition might sell for a few hundred dollars, while those in mint state condition can command prices upwards of several thousand dollars. For example, an 1829 Medium 10C graded MS64 by a top grading agency recently realized a sale price of approximately $3,500 in a major coin auction. Another example is of an EF40 coin which sold for approximately $600. Such sales highlight the investment potential and the coin's desirability among collectors.
PCGS CoinFacts
According to PCGS CoinFacts, the catalog number for the 1829 Medium 10C is #94525. This source is invaluable for collectors, providing detailed records and an official grading guide, enhancing the understanding and authentication of this specific coin. As a collector's item, the 1829 Capped Bust Dime Medium 10C offers a captivating glimpse into early American history, while its limited availability and distinctive design ensure ongoing interest and value among numismatists. This coin remains an exceptional piece of numismatic artistry and an enduring symbol of American heritage.