1862 10C (Regular Strike)

The 1862 Liberty Seated Dime (10C) is an intriguing coin for numismatists and collectors, primarily due to its rarity, historical significance, and value over time. Struck during the midst of the American Civil War, this dime carries significant historical context, reflecting a turbulent era in US history. ### Rarity and Mintage The 1862 Liberty Seated Dime was minted in Philadelphia, with a relatively moderate mintage of approximately 1,442,000. Although this figure isn't exceedingly low, surviving examples, especially in higher grades, are relatively scarce. This rarity is influenced by its age, circulation, and the historical melting of coins for their silver content. ### Value and Market Performance Over the years, the 1862 dime has shown strong performance within numismatic circles, especially when found in higher conditions. In circulated grades, such as Good (G-4) to Very Fine (VF-20), these dimes are appreciated but do not command top dollar. However, examples in Mint State (MS) conditions become quite valuable, often attracting higher bids at auctions. Auction results underscore its desirability and market performance. For instance, a well-preserved MS-65 grade might fetch thousands of dollars at major auction houses. Auction records indicate specific sales where this coin has achieved premium prices, reflecting the increasing demand from collectors seeking high-premium condition and historical significance. Coins with eye-appeal or those with recognized pedigrees often see aggressive bidding. ### Numismatic History and Context From a numismatist’s perspective, the 1862 Liberty Seated Dime captures significant historical allure. This period not only tested the mettle of the United States but also impacted the production and circulation of coins. The design, executed by Chief Engraver Christian Gobrecht, is a beloved representation of the era, showcasing Lady Liberty seated with a shield and within a classic, intricate design that numismatists admire. Coinage during the early 1860s relied heavily on silver, as the country was not yet under the constraints of the gold standard. The middle of the Civil War also saw increased hoarding and a decreased mint output in certain regions due to disruption, lending additional scarcity to specific issues like the 1862 dime. ### Notable Details According to PCGS CoinFacts, this dime has a reference number of 4620. The site lists comprehensive details regarding its characteristics, survival rate, and pricing across different grades. PCGS also provides population reports that give insightful context into its rarity in mint state conditions. ### Conclusion For collectors and enthusiasts, the 1862 10-cent Liberty Seated Dime represents a fascinating intersection of history and numismatics. Its appeal lies not only in its Civil War-era roots but also in its beautiful design and the narrative each coin conveys through its journey over the decades. Collectors are advised to seek authenticated examples with a legitimate grading from trusted entities like PCGS to ensure value and authenticity, particularly given the historical propensity for counterfeits and altered coins in the market. The Liberty Seated Dime from 1862 is a tangible vestige of history, offering an enthralling chapter for both seasoned numismatists and new collectors drawn to its enduring legacy.