1861-S 10C (Regular Strike)
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The 1861-S 10C, known as the Seated Liberty Dime, is a coin of significant interest among numismatists, primarily due to its historical context and rarity. Struck at the San Francisco Mint during the tense prelude to the American Civil War, this coin is emblematic of a pivotal era in United States history. The Seated Liberty design, created by Christian Gobrecht, had been in use since 1837, reflecting both artistic and numismatic transitions.
The 1861-S dime is distinguished by its low mintage of only 96,000 coins, making it a sought-after piece for collectors. This scarcity of surviving specimens contributes to its rarity, especially in higher grades. Many of the dimes minted during this period were heavily circulated in the western United States, leading to a significant degree of wear.
In terms of market value, the 1861-S dime holds considerable allure. In higher grades, the coin often commands substantial prices at auction. In recent years, auction data from major numismatic sales platforms have recorded impressive prices, such as coins in grades of Very Fine fetching several thousand dollars, with Mint State (MS) examples significantly escalating in value, sometimes reaching tens of thousands of dollars depending on the specific grade and market demand at the time of sale.
From a numismatic perspective, the 1861-S 10C is not only valuable for its rarity but also for its embodiment of pre-Civil War tensions and westward expansion. Collectors appreciate this piece for its historical depths as well as its aesthetic attributes, including the classic Seated Liberty design, which features Liberty seated on a rock with a shield in one hand and a pole with a cap in the other.
According to the PCGS CoinFacts, the specific details of the 1861-S Seated Liberty Dime include its catalog number, PCGS #4636. This listing assists collectors and investors in identifying and verifying the coin’s authenticity and provenance, important factors considering the numerous counterfeit and altered coins in the market.
While the purchase and sale records of such coins provide a glimpse of their fluctuating value, their importance lies heavily in the historical significance they represent. The San Francisco Mint, operational since only 1854, played an essential role in the nation’s numismatic history, particularly in the context of the California Gold Rush and the economic expansion of the American Frontier.
Overall, the 1861-S 10C (Regular Strike) Seated Liberty Dime remains a coin of high importance for seasoned numismatists and investors alike, combining factors of rarity, historical significance, and a compelling market profile to secure its standing as a cornerstone piece in numismatic collections.