The 1842 Seated Liberty dimes have value as numismatic coins. Keep reading to learn more about these silver coins.
Specifications
Type: Seated Liberty Dime
Year: 1842
Face Value: $0.10
Composition: 90% silver, 10% copper
Silver Weight: .0773 oz.
Total Weight: 2.67 grams
Current Silver Bullion Value: $2.31
The US minted the 1842 dime with no mint mark and also the 1842 O dime. The mint mark, when present, can be found on the reverse side of the coin.
| Series | Location | Quantity Minted |
|---|---|---|
| 1842 | Philadelphia | 1,887,500 |
| 1842 O | New Orleans | 2,020,000 |
Value
This coin in circulated condition is worth at least its weight in silver. The silver melt value for this coin is $2.31. This melt value is calculated from the current silver spot price of $29.92 per ounce.
The 1842 dime with no mint mark is worth around $25 in good condition. In very fine condition the value is around $40. In extremely fine condition the value is around $70. In uncirculated condition the price is around $400 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $650.
The 1842 O dime is worth around $50 in good condition. In very fine condition the value is around $250. In extremely fine condition the value is around $500. In uncirculated condition the price is around $2,750 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $5,000.
Grading System
Good- The word "LIBERTY" on the shield is not readable. The letters and the date are readable.
Very fine- The word "LIBERTY" on the shield is readable, but certain letters are faint.
Extremely fine- Both the word "LIBERTY" and the edges on the scroll are distint.
MS 60 uncirculated- There are no signs of wear. The coin has luster, but there may be a few stains, abrasions, or surface marks.
MS 63 choice uncirculated- In the major focal areas there are some blemishes or contact marks. The coin's luster might not be as prominent.
Sources:
The Red Book