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Mintage: 1,535,500. Date Acquired: 25 March 2005. Variety: F-116. About This Coin: This coin was purchased at bit of a premium over a typical VF coin (and was sold as an XF). I didn't think it was quite that, but it was an unusually high eye-appeal specimen for the VF grade and on that basis I thought it worth including. The reverse looks full XF, but there's enough wear on the obverse to keep it from grading there overall. The reverse also shows a die defect between tops of the E and R in AMERICA. This characteristic is the primary attribute of the F-116 variety. By the early 1850s, increasing silver prices were beginning to give U.S. silver coinage more melt value than face, so silver coinage started disappearing from commerce. The following year, Congress authorized a weight reduction for silver coins, keeping them at or below face in terms of melt value, to keep them in circulation. |
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seated dime home here! ziggy29-@-mac.com (remove dashes around the '@' to e-mail) |
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