The Dimes of 1822

The dimes of 1822 are among my favourite U.S coins, if for no other reason that they are somewhat scarce! There is only one variety for this year.

The Redbook says approx. 100,000 were minted in 1822, but the figure appears high considering that today, the best estimates of the extant population is about 250 examples.

About 10 are known in MS grade, while the vast majority are probably in VG or below.
According to what i have read, it is probable that most of the years mintage was probably actually dated 1823.

These are my two examples of this date.
(The better preserved one i posted some time ago. Here are a little bit better pictures).

It would be interesting to hear thoughts and opinions,
Thanks,

Eduard

 

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All I can say Eduard is I think those are Great coins!
I must admit I have little if any knowledge on these coins but I think they are pretty cool!

RickieB

 

Don't forget, the number struck and the number existing can be considerably different.
A lot of silver coins have been melted over the years.

 

It's my opinion that you and Zaneman are in a mortal Death Race to see who can post the hippest coins

Right now, it's neck and neck

 

Haha! that is funny! But actually you may be right, maybe it is a subconscious wish of mine... (wait till you see what i still have at the back of the shop...)

But seriously now, i really don't stand a chance of beating Zaneman. Just look at the really fine and rare coins he has posted, and the grades..... My coins are more 'collector' stuff.

Coming back to the 1822 dime, that is a coin i really chased for a few years in the late 80's. I owned 3 at one stage. I think it was Dave Bowers who once published an article on how scarce the issue is. That article on the 1822 got me going.
Actually the coin is quite scarce, but not the only scarce capped dime (not counting the 1829 curled 2). The 1828 large size (not struck in a collar) is a coin which you seldom see.

Eduard

 

Thanks, Eduard.

Now there is one more thing for me to research.

Nice coins.

 

Nice and original-- I like 'em!

 

So what's the best book for these dimes ? Is it still "US Dimes 1796 - 1837" Logan Lovejoy McCloskey et al ? If so, where the heck can I find one ? Been lookin'. No deal.

Is there an updated "latest and greatest" ?

 

Very nice Eduard. Now hide them from the evil archaeologists....

 

Nice coins Eduard!

 

very interesting Eduard, interesting and thought provoking, maybe I need to do some research here and get a couple of these if they can be found for a reasonable price.

 

That's the book. Unfortunately it is long out of print and very difficult to locate. Your best bet would be the numismatic book dealers such as Orville Grady, Charlie Davis, John Burns etc. But even there it is NOT going to be easy to find a copy, and when you do it is NOT going to be cheap

 

Thanks, Conder !

That suggests there aren't a lot of serious collectors of these coins.

 

I'll admit that their aren't a LOT of collectors of them but there are enough to have absorbed all of the printed copies of the book, and there are still more collectors left over because when a book is pried loose it doesn't stay on the market long and there is enough demand for the book that even though the the price is high it is eagerly paid in order to acquire it. And the number of these collectors is enough that there aren't enough of the scarcer varieties of these coins to go around. So there aren't a lot, but there are more than enough.

 

No kidding! just another 'peculiarity' of this country i live in. If you think the state infringes too much in peoples individual liberties, you should try this......
The issue now is that the authorities want to curb the elicit sale of antiquities of dubious (read dug/found) provenance. There is good point here, but there are other ways to go about it (like in England). As a consequence, the sale of all ancient coins (mediaeval and earlier) in for example eBAY has been 'verboten'......

My 1822 dimes are safe (i hope) but you are never sure here!

Glad you guys like capped dimes. As i mentioned before, i have been trying to find a decent open-collar 1828, but so far no success. The capped bust series - 5, 10, 25 and 50 cents - are very rewarding. My focus here has been on the dimes and quarters of this era.

 

nice 1822 dimes! I examined one last year that graded ms-64pl by NGC, and it sold for under 30k in auction. Seems cheap compared to the scarcity of this issue in general, although I do understand supply demand etc. This date I think is now virtually impossible to touch for under 1000 in problem free if you are lucky enough to find one.

Can you tell me anything more about the 1828 open collar strikes? I don't believe I have ever seen one, but am very curious.

 

Zane, i have not done much research on the 1828 open collar dime, BUT i do know that it is scarce: I have been observing for about a year the frequency of appearance of that issue at auction (including eBAY), and i can tell you that it does not come up often.
The closed collar on the other hand comes up regularly. I think the open collar issue is one of those unrecognized scarce coins. I am still looking for a suitable one.

The 1822 issue comes up for sale about 4-8 times a year (approximately). As i said, there are about 10 in MS, 30-40 in VF-AU58, and approximately 200 in VG or lower. I got these fugures from a discussion in another forum where the 1822's are discussed and followed with interest. Just for information, Shawn Yancey has one right one on offer. A wholesome G4 or so.

Eduard


PS- One last bit of information: the supposedly scarce 1844 Orphan Annie dime has shown up for auction about 60 times in 2008. Heritage alone had a run of about 25+ pieces. Ebay has about 5-8 right now. The price guides have the 1844 at about same value as the 1846 dime (even higher in lower grades). By comparison the 1846 has shown up about 4 times in 2008 (that i know off).

 

Heritage did a press release a couple years back about the hoard of 1844 dimes. There are more to come I'm sure.

Do you happen to have a photo of any of the open collar 1828 dimes? I imagine they look pretty neat.

 

Here is a link to one sold by Heritage in 2007:

http://coins.ha.com/common/view_item.php?Sale_No=433&Lot_No=7452&src=pr#PHOTO

only two sold by Heritage since 2007........

 

Very nice coins. If they are as hard as the cent from this date, they are very hard coins indeed.