Price Guide for 1807 Dime Variants
This guide presents price ranges for variants from three sources: eBay sales, third-party auctions, and PCGS guides. Values are shown for various conditions, allowing collectors to compare across different market segments. Price estimates may vary between sources, especially for rarer variants.
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3rd Party PriceCirculated: $12.50 – $8,225.00Uncirculated: $10.85 – $76,375.00
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eBayCirculated: $9.99 – $3,961.00Uncirculated: $13,600.00
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PCGS Price GuideCirculated: $500.00 – $8,000.00Uncirculated: $8,500.00 – $85,000.00
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3rd Party PriceCirculated: $168.00 – $6,462.50Uncirculated: $2,880.00 – $60,000.00
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eBayCirculated: $142.50 – $4,899.99Uncirculated: $8,999.99
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PCGS Price GuideCirculated: $600.00 – $7,500.00Uncirculated: $8,500.00 – $85,000.00
Design and Specifications of the 1807 Dime
The 1807 Dime, also known as the Draped Bust Dime, represents an important transitional year in early American coinage. This was the final year of the Draped Bust design for dimes, which had been in use since 1796. The following year would see the introduction of the Capped Bust design, marking a significant change in U.S. coin aesthetics.
These early dimes played a crucial role in the young nation’s economy, helping to establish a decimal-based currency system that was revolutionary for its time. The 1807 Dime is a tangible link to the formative years of the United States and its monetary system.
| Weight | 2.70 grams |
|---|---|
| Diameter | 20.5 mm |
| Mint Marks | None (all minted in Philadelphia) |
| Composition | 89.24% silver, 10.76% copper |
| Obverse Design | Draped Bust design, depicting Liberty facing right with flowing hair, designed by Robert Scot |
| Reverse Design | Heraldic Eagle design, featuring an eagle with shield and arrows in talons, designed by Robert Scot |
Rarity Factors and Value Drivers
The condition of an 1807 Dime has a significant impact on its value and desirability. Due to their age and extensive circulation, finding high-grade examples is extremely challenging. Coins in VF (Very Fine) condition or better are highly sought after by collectors.
Key factors affecting value include:
1. Strike quality: Well-struck coins with full details are more valuable.
2. Surface preservation: Minimal contact marks and scratches increase desirability.
3. Luster: Any remaining original mint luster greatly enhances value, especially in higher grades.
4. Toning: Natural, attractive toning can significantly increase a coin’s appeal and value.
The 1807/6 overdate variety is particularly valuable, commanding a premium over the regular strike coins.
Mintage: 165,000
Rarity Scale: Scarce
Circulation Status: Limited Circulation
Preservation Rarity: Extremely rare in grades above XF45, with very few Mint State examples known
Varieties Errors: 1807/6 overdate variety
Market Demand: High, due to its historical significance and scarcity in higher grades
Historical significance: As the final year of the Draped Bust design, the 1807 Dime holds special appeal for collectors of early American coinage.
Rarity in high grades: The scarcity of well-preserved examples makes high-grade specimens especially valuable. Coins graded AU (About Uncirculated) or better are extremely rare and highly sought after.
Type set demand: As a representative of the Draped Bust, Heraldic Eagle reverse type, this coin is in high demand for type set collections.
Early date appeal: Being an early 19th-century issue adds to its collectible value, appealing to historians and numismatists alike.
Die varieties: The study and collection of die varieties, including the overdate, can add another layer of interest and value for specialized collectors.
