The 1861 Seated Liberty half dimes have value as numismatic coins. Keep reading to learn more about these silver coins.
Specifications
Type: Seated Liberty Half Dime
Year: 1861
Face Value: $0.05
Composition: 90% silver, 10% copper
Silver Weight: .0359 oz.
Total Weight: 1.24 grams
Current Silver Bullion Value: $1.13
The US minted the 1861 half dime with no mint mark. No other half dime series were minted for this year.
| Series | Location | Quantity Minted |
|---|---|---|
| 1861 | Philadelphia | 3,360,000 |
Value
This coin in circulated condition will be worth more than its weight in silver. But for reference, the silver melt value for this coin is $1.13. This melt value is calculated from the current silver spot price of $31.34 per ounce.
The 1861 half dime is worth around $30 in good condition. In very fine condition the value is around $45. In extremely fine condition the value is around $70. In uncirculated condition the price is around $185 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $300.
Proof coins with no mint mark are available and they are valued at around $550 each in PR 63 condition. There were 1,000 proof coins minted.
1 Over 0 Error Coins
There is a notable error variety called the 1 over 0 error. On these coins the number 1 is minted over the number 0.
The 1861 half dime 1 over 0 error error coin is worth around $35 in good condition. In very fine condition the value is around $125. In extremely fine condition the value is around $250. In uncirculated condition the price is around $525 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $750.
Grading System
Good- The date and letters are readable. The word "LIBERTY" on the shield is smooth.
Very fine- The word "LIBERTY" is even and strong.
Extremely fine- Both the word "LIBERTY" and the scroll have distinct edges.
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.
PR 63 proof- This coin has reflective surfaces and only a few blemishes away from the major focal points. There are no major flaws.
Sources:
The Red Book