The 1861-S Liberty Seated dime, minted in San Francisco, is highly scarce compared to its recorded mintage due to the lack of collectors on the West Coast during the 1860s. As a result, many of these coins saw extensive circulation, and few were preserved in high-grade condition. Mint State examples are particularly rare and valuable, with only a couple graded MS-66 by major coin grading services.
The 1861-S Liberty Seated dime was designed by James B. Longacre, the chief engraver of the U.S. Mint at the time. With a total mintage of 172,500 coins, this dime was produced during the Civil War era, a time of economic and political upheaval. Coins from the San Francisco Mint had a significantly lower survival rate than those minted in Philadelphia due to extensive circulation on the West Coast and a smaller base of collectors.
| Specifications | |
|---|---|
| Size | 17.9 millimeters |
| Denomination | 0.10 USD |
| Gross Weight | 2.49 grams |
| Actual Silver Weight | 0.0723 troy ounces of silver |
| Fineness/Composition | 90% silver, 10% copper |
| Diameter | 17.9 millimeters |
| Thickness | 1.35 millimeters |
| Specific Gravity | ~10.34 |
| Numismatic Price Range | $334 - 21767 |
The 1861-S Liberty Seated dime features a design by James B. Longacre. The obverse depicts Liberty seated on a rock, holding a shield in one hand and a staff with a liberty cap in the other. The reverse shows an intricate wreath encircling the denomination "ONE DIME." The coin often exhibits die clashing, particularly on the left side of the obverse, as the dies became worn out from production.
The 1861-S Liberty Seated dime is a prized item among collectors, particularly in Mint State condition, due to its rarity and historical significance. Coins from the San Francisco Mint, especially those from this era, are notable for their scarcity in high grades because many circulated extensively. Only two die varieties have been identified, further adding to the coin's numismatic appeal.
The estimated value of an 1861-S Liberty Seated dime ranges from $334 in average condition to $6,604–$21,767 or more in Uncirculated Mint State (MS+) condition, depending on the grade and eye appeal. Its melt value, based on the current silver price (as of 10/12/2024), is approximately $2.29.
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