Price Guide for 1848 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: $2.75 – $1,800.00Uncirculated: $228.00 – $7,850.00
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eBayCirculated: $32.00 – $540.00Uncirculated: $575.00 – $810.00
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PCGS Price GuideCirculated: $25.00 – $750.00Uncirculated: $900.00 – $8,000.00
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3rd Party PriceCirculated: $10,500.00Uncirculated: $17.00 – $39,100.00
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PCGS Price GuideCirculated: $15,000.00Uncirculated: $20,000.00 – $35,000.00
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3rd Party PriceCirculated: $264.00Uncirculated: $1,150.00 – $40,800.00
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eBayCirculated: $100.00Uncirculated: $146.50 – $200.50
Design and Specifications of the 1848 Dime
The 1848 Dime is part of the Seated Liberty series, which was produced from 1837 to 1891. This year is notable as it falls during the Mexican-American War (1846-1848) and coincides with the California Gold Rush, which began in 1848. These events had significant impacts on the American economy and coinage.
| Weight | 2.67 grams |
|---|---|
| Diameter | 17.9 mm |
| Mint Marks | None (Philadelphia), O (New Orleans) |
| Composition | 90% silver, 10% copper |
| Obverse Design | Seated Liberty, designed by Christian Gobrecht |
| Reverse Design | Wreath surrounding the words 'ONE DIME', designed by Christian Gobrecht |
Rarity Factors and Value Drivers
The condition of 1848 Dimes significantly impacts their value. Due to their age and limited mintage, high-grade examples are scarce. Coins in Uncirculated condition (MS60 and above) command substantial premiums. The New Orleans mint coins are particularly valuable in high grades due to their extremely low mintage.
Strike quality is an important factor, as many 1848 Dimes were weakly struck. Coins with full, sharp details are highly desirable. Original luster and attractive toning can also significantly enhance the value.
Mintage: 451,500
Rarity Scale: Scarce
Circulation Status: Limited Circulation
Preservation Rarity: Rare in grades MS65 and above
Varieties Errors: None significant
Market Demand: High, especially for well-preserved specimens
Mintage: 40,000
Rarity Scale: Rare
Circulation Status: Limited Circulation
Preservation Rarity: Very rare in grades MS63 and above
Varieties Errors: None significant
Market Demand: High, particularly for problem-free examples
Several factors can influence the value of 1848 Dimes:
1. Mint mark: The New Orleans (O) mint coins are generally more valuable due to their lower mintage.
2. Die state: Late die state coins with interesting die cracks or cuds may command a premium among specialists.
3. Originality: Coins with original surfaces, free from cleaning or other alterations, are highly prized.
4. Historical significance: The coin’s connection to the California Gold Rush era adds to its appeal among collectors and history enthusiasts.
