1867-S 10C (Regular Strike)
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The 1867-S 10C, or Seated Liberty Dime, is a significant coin for numismatists, as it represents one year in the broader series of Seated Liberty Dimes struck between 1837 and 1891. Minted at the San Francisco Mint, this coin is renowned for its scarcity and is a notable example for collectors focusing on this era of American coinage.
**Mint and Mintage**
In 1867, the Seated Liberty Dime struck at the San Francisco Mint had a relatively low mintage of just 70,000 coins. This low production number is a key element contributing to its rarity today, as many of these coins have not survived the passage of time.
**PCGS Information**
According to PCGS CoinFacts, the 1867-S Dime is indexed under PCGS #4654. This cataloging serves as a reference for collectors assessing the coin through professional grading services.
**Rarity and Collectibility**
The rarity of the 1867-S 10C is primarily due to its limited mintage combined with high attrition rates over the years. Many coins of this era were lost, melted, or heavily circulated, reducing the number of fine examples available to modern collectors. The coin stands out within the Seated Liberty series due to these scarcity challenges.
**Historical Context**
The Seated Liberty design was created by Christian Gobrecht, the third Chief Engraver of the United States Mint. The imagery embodied the neo-classical artistic style of the mid-19th century, with Lady Liberty seated and holding a shield and a liberty cap on a pole. The coin reflects the economic conditions of the post-Civil War United States, with the San Francisco Mint playing a pivotal role in striking coins that facilitated commerce on the West Coast.
**Value and Sales Data**
The value of the 1867-S Dime can vary significantly depending on its condition. For instance, coins in lower grades can be valued at several hundred dollars, while those in higher Mint State (MS) grades may fetch thousands. Historically, auctions such as those conducted by firms like Stack’s Bowers Galleries and Heritage Auctions have witnessed record sales, with particularly pristine specimens reaching impressive amounts. For instance, Mint State examples with full details and lustrous appearances might see prices upwards of $10,000 or more at auction.
**Market Interest**
Collectors passionately seek after this coin due to its rarity, historical importance, and the collectible nature of the Seated Liberty design. Because of the limited numbers that appear in the market, opportunities to purchase high-quality examples can generate competitive bidding among enthusiasts and investors alike.
In summary, the 1867-S 10C is more than just a piece of currency; it is a storied relic of American numismatic history. Its rarity, historical value, and aesthetic appeal make it a target for collectors who appreciate the nuances of 19th-century coinage. Given its low mintage and cessation of survival, this dime is considered a prized item in any numismatic collection.