The Liberty Seated Dime series, introduced in 1837, underwent various design modifications throughout its mintage. Among the most intriguing and historically significant variations is the “Legend and Arrows” subtype produced during 1873-1874. This short-lived design change was prompted by legislative adjustments to the coin’s weight, making these dimes a fascinating focus for collectors.
Background and Design Changes
The Liberty Seated Dime design by Christian Gobrecht remained a cornerstone of U.S. coinage for decades. The original design featured a seated Liberty figure holding a shield and a pole with a cap, symbolizing freedom and preparedness. By 1860, the coin’s reverse legend was updated to read “UNITED STATES OF AMERICA,” and the wreath design was simplified.
In 1873, the Coinage Act mandated a slight increase in the weight of silver dimes, changing from 2.49 grams to 2.50 grams. To distinguish the new, heavier coins from earlier issues, small arrows were added on either side of the date on the obverse. These “Legend and Arrows” coins were produced for only two years, making them a unique subset within the Liberty Seated Dime series.
Mint Locations and Rarities
The 1873-1874 dimes were struck at three mints: Philadelphia, San Francisco, and Carson City. Each mint produced coins with slight differences in rarity and value:
- Philadelphia Mint: The 1873 and 1874 dimes from Philadelphia had the highest mintage among the three mints, making them relatively more common and affordable for collectors.
- San Francisco Mint (S): These dimes are scarcer, particularly in higher grades. They often attract higher premiums due to their lower mintages.
- Carson City Mint (CC): Coins from Carson City are the rarest of this subtype, with especially low mintages in 1873. The 1874-CC dime is even more challenging to find, making it a prized treasure for collectors.
Key Dates and Varieties
One of the most notable varieties is the 1873 dime with a doubled die obverse, where doubling is visible in the arrows and date. Coins from Carson City are highly desirable, with the 1873-CC and 1874-CC examples often fetching premium prices, especially in higher grades.
Grading and Condition
As with any collectible coin, condition is critical in determining the value of Legend and Arrows dimes. Coins with minimal wear, clear details in the arrows, and sharp legends are considered highly valuable. Proof specimens, though extremely rare, offer exceptional quality for high-end collections.
Collecting Tips
- Know Your Budget: Philadelphia issues are more affordable, making them a good starting point for new collectors. Advanced collectors may target Carson City coins for their rarity.
- Authenticate Rare Coins: Given the value of Carson City issues and doubled die varieties, ensure coins are authenticated and graded by a reputable service such as PCGS or NGC.
- Build Gradually: Consider starting with lower-grade examples of scarce dates and upgrading over time as your budget allows.
Conclusion
The Liberty Seated Dime with Legend and Arrows (1873-1874) represents a fascinating chapter in U.S. coinage history. Its brief production period, combined with the significance of the weight adjustment, makes it a favorite among numismatists. Whether you’re a seasoned collector or a novice, assembling a set of these coins offers both a rewarding challenge and an opportunity to own a piece of American history.
FAQs
Why were arrows added to the Liberty Seated Dime in 1873-1874?
The arrows were added to indicate a slight weight increase in the dimes following the Coinage Act of 1873. This helped distinguish the new, heavier coins from earlier issues.
Which mint produced the rarest Legend and Arrows dimes?
The Carson City Mint (CC) produced the rarest Legend and Arrows dimes, particularly the 1874-CC issue, which is highly sought after by collectors.
How can I identify a valuable Liberty Seated Dime from 1873-1874?
Valuable examples often include Carson City mint marks, proof specimens, or varieties like the 1873 doubled die obverse. Authentication and grading are essential to confirm rarity and value.