The 1870 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: 1870
Face Value: $0.05
Composition: 90% silver, 10% copper
Silver Weight: .0359 oz.
Total Weight: 1.24 grams
Current Silver Bullion Value: $1.10
The US minted the 1870 half dime with no mint mark and also the 1870 S half dime. The mint mark, when present, can be found on the reverse side of the coin above the bow.
There is only one 1870 S half dime known to exist. In 1870 a new mint facility in San Francisco was being built and there was a plan to strike a complete set of coins with the San Francisco mint mark. However, not every single coin denomination was minted in San Francisco that year. Mint officials struck at least one 1870 S half dime for display at the mint. This coin ended up in the hands of a private collector.
| Series | Location | Quantity Minted |
|---|---|---|
| 1870 | Philadelphia | 535,000 |
| 1870 S | San Francisco | ---- |
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 $1.10. This melt value is calculated from the current silver spot price of $30.69 per ounce.
The 1870 half dime with no mint mark is worth around $30 in good condition. In very fine condition the value is around $45. In extremely fine condition the value is around $55. In uncirculated condition the price is around $175 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $400.
The 1870 S half dime is worth around $3,000,000 in MS 63 condition.
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.
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
See also: