The 1809 Capped Bust Dime is a highly sought-after collector’s item among numismatists.
This coin was the first of its kind, and its rarity has only increased over the years.
Key Takeaways
1. The 1809 Capped Bust Dime is a highly sought-after collector’s item due to its rarity and historical significance.
2. The rarity of the 1809 Capped Bust Dime can be attributed to its limited mintage, age, and condition.
3. The value of the 1809 Capped Bust Dime is influenced by several factors, including its rarity, historical significance, and current market demand.
Do you need this in your collection?
The 1809 Capped Bust Dime is a valuable and historic coin that may be a worthy addition to a coin collection.
It holds historical significance as one of the earliest dimes minted in the United States.
Mintage and Rarity of 1809 Capped Bust Dime
The 1809 Capped Bust Dime is a highly sought-after coin due to its rarity.
It was the first year of the Capped Bust type, and only 51,065 were minted, making it the lowest mintage of the series.
Despite being a scarce date, a surprising number of Mint State examples are known.
The PCGS Condition Census includes grades between MS-64 and MS-66, indicating that collectors preserved a fair number of high-quality examples.
Factors That Influence Rarity
The mintage of the 1809 Capped Bust Dime was 51,065, which is relatively low compared to other coins of the series.
The condition of the coin is also an important factor in determining its rarity.
The 1809 Capped Bust Dime is a relatively old coin, and many examples have been heavily circulated or damaged over the years.
Coins that are in excellent condition are much rarer and more valuable than those that are heavily worn or damaged.
Current Market Value
| Grades | Price as of October 2023 |
|---|---|
| Good (G-4) | $932 |
| Very Good (VG-8) | $1,422 |
| Fine (F-12) | $1,972 |
| Very Fine (VF-20) | $3,033 |
| Extremely Fine (EF-40) | $4,361 |
| About Uncirculated (AU-50) | $5,843 |
| Uncirculated (MS-60) | $8,713 |
| Brilliant Uncirculated (MS-63) | $14,235 |
As of October 2023, the current market value of 1809 Capped Bust Dime ranges from $932 up to $14,235, depending on the condition of the coin.
The PCGS Price Guide lists the most active grades for the 1809 Capped Bust Dime as grades 1-20, 25-60, and 61-70. Coins in these grades are typically more common and, therefore, have a lower value. However, coins in higher grades, such as MS-63 or MS-64, are much rarer and can fetch a higher price at auction.
It is important to note that the value of the 1809 Capped Bust Dime can fluctuate depending on market conditions and collector demand.
Additionally, coins that have been certified by PCGS or NGC may command a higher price due to their authenticity and condition.
Collectability and Demand
The 1809 Capped Bust Dime is one of the rarest coins in the series, with an estimated survival rate of only 275 to 315 coins.
The demand for the 1809 Capped Bust Dime is driven by its rarity, historical significance, and aesthetic appeal.
The coin was designed by John Reich, a German immigrant who was hired by Mint Director Robert Patterson in 1807.
Reich’s design was used for the dime until 1837, making it one of the longest-running designs in U.S. coinage history.
In addition to its historical significance, the 1809 Capped Bust Dime is also a beautiful coin.
Its obverse features the profile of Liberty facing left, with a cap on her head and the word “LIBERTY” inscribed above her.
The reverse features an eagle with outstretched wings, holding arrows and an olive branch in its talons, and the words “UNITED STATES OF AMERICA” and “10 C.” inscribed around it.
The 1809 Capped Bust Dime is a highly collectible coin with a rich history and aesthetic appeal.
Its rarity and demand have made it a valuable addition to any collection.
Before you go…
Overall, the 1809 Capped Bust Dime is a highly sought-after coin by collectors due to its rarity and historical significance. Its unique design and limited mintage make it a valuable addition to any collection.
Check out my next article: “Valuable or Not? Examining the 1937 Double Die Obverse Washington Quarter.”
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