Message:

<p>[QUOTE=&quot;Publius2, post: 26411450, member: 105571&quot;]Here&#039;s my contribution:&nbsp; This 1853 No Arrows dime is the plate coin from Kamal Ahwash&#039;s seminal book on Liberty Seated dimes.&nbsp; Indeed, that is why I bought this particular coin.</p><p><br /></p><p>&nbsp;On February 21, 1853, new law reduced the weight (and thus the silver content) of the half dimes, dimes, quarters and half dollars. The new coins had arrows next to the date to separate the new coins from the earlier ones so they wouldn&#039;t be melted. This was required because the silver value of the older coinage had exceeded the coins&#039; face value and was being hoarded and melted.</p><p><br /></p><p>These coins were struck before the effective date of 2/21/53.&nbsp; Mintage was 93,000 and conventional wisdom has held that many were melted.&nbsp; But, Bowers notes that the 1853 No Arrows dime is very scarce in circulated condition but much more available, relatively speaking, in high MS grades suggesting that this coin was hoarded when issued.&nbsp; Ahwash called the issue a high R-6 but it&#039;s probably more like a R-4.</p><p><br /></p><p><br /></p><p><br /></p><p>[ATTACH=full]1685147[/ATTACH] [ATTACH=full]1685148[/ATTACH] [ATTACH=full]1685149[/ATTACH][/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in