USA 1 dime Liberty Seated Legend Obverse 1862

USA, Philadelphia
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Rarity

Uncommon

Attributes of Coins

RegionUSA
Denomination1 dime
Krause numberKM# 92
Mintage847,000
MetalSilver 0.900
thickness1.05 mm
diameter17.9 mm
weight2.49 g
Obverse:
coin obverse image
Liberty
Creators:
Christian Gobrecht
UNITED STATES OF AMERICA
Reverse:
coin reverse image
Wreath
Creators:
Christian Gobrecht
ONE DIME

Introduction of Coins

This issue's mintage doesn't suggest a very common coin, but then 1862 was not a normal year. Banks suspended specie (gold and silver coin) payments in December of 1861. Gold coins were hoarded almost immediately, and silver disappeared from circulation by the spring of '62. As a result of such hoarding, many 1862(P) dimes remained idle in vaults until discovered years later. A fair number of these found their way to collectors, making this issue still common today through the mid grades of Mint State. All dimes of 1862-91 feature the sharper, Type 2 obverse having six lines visible above the LIBERTY banner. The most desirable variety pairs a repunched date obverse with a gouged reverse.Read More
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