The 1894 Barber dimes are rare numismatic coins that can sell for high prices. Keep reading to learn more about these silver coins.
Specifications
Type: Barber Dime
Year: 1894
Face Value: $0.10
Composition: 90% silver, 10% copper
Silver Weight: .07234 oz.
Total Weight: 2.5 grams
Current Silver Bullion Value: $2.26
The US minted the 1894 dime with no mint mark and also the 1894 O dime and 1894 S dime. The mint mark, when present, can be found on the reverse side of the coin below the wreath.
| Series | Location | Quantity Minted |
|---|---|---|
| 1894 | Philadelphia | 1,330,000 |
| 1894 O | New Orleans | 720,000 |
| 1894 S | San Francisco | 24 |
Value
This coin in circulated condition is worth at least its weight in silver. The silver melt value for this coin is $2.26. This melt value is calculated from the current silver spot price of $31.21 per ounce.
The 1894 dime with no mint mark is worth around $35 in good condition. In very fine condition the value is around $175. In extremely fine condition the value is around $225. In uncirculated condition the price is around $350 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $650.
The 1894 O dime is worth around $70 in good condition. In very fine condition the value is around $350. In extremely fine condition the value is around $550. In uncirculated condition the price is around $2,000 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $4,500.
The 1894 S dime is one of the rarest American coins ever minted. Known as the "King of Dimes", only 24 of these coins were minted and only nine are known to be in existence. Uncirculated coins with a grade of MS 63 can sell for around $1,500,000.
Proof coins with no mint mark are available and they are valued at around $500 each in PR 63 condition. There were only 972 proof coins minted but mostly all of them were saved by collectors so the value isn't as high as you might expect.
Grading System
Good- The date and the letters are visible but plain. The word "LIBERTY" inscribed on Liberty's headband has been completely worn off.
Very fine- The word "LIBERTY" inscribed on Liberty's headband is visible but plain.
Extremely fine- The word "LIBERTY" inscribed on Liberty's headband is sharp. The edges on Liberty's headband are distinct.
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: