The 1843-O Seated Liberty Dime is a remarkable coin minted in New Orleans (hence the “O” mintmark). This coin is part of the larger Seated Liberty series, which ran from 1837 to 1891, featuring Lady Liberty seated on a rock. The 1843-O dime is highly sought after by collectors due to its historical value, its mint location, and its limited production. In this article, we’ll explore the features of the 1843-O Seated Liberty Dime, why it’s so special, its value, and how collectors can identify it.
History of the 1843-O Seated Liberty Dime
The Seated Liberty series was introduced in 1837, and the New Orleans Mint produced several of these coins during the mid-1800s. In 1843, the New Orleans Mint produced just over 150,000 Seated Liberty Dimes, a relatively low mintage, making this coin highly valuable, especially in good condition. The “O” mintmark, located on the reverse, indicates that the coin was struck in New Orleans, a key location for U.S. coinage during this period.
Key Features of the 1843-O Seated Liberty Dime
| Feature | Description |
|---|---|
| Year | 1843 |
| Mint Location | New Orleans Mint (“O” mintmark) |
| Design | Seated Lady Liberty on the front, wreath on the back |
| Mint Mark | O (New Orleans) |
| Composition | 90% Silver, 10% Copper |
| Diameter | 17.9 mm |
| Weight | 2.67 grams |
| Value Range | $50 to over $5,000, depending on condition |
Why the 1843-O Seated Liberty Dime is Special
The 1843-O Seated Liberty Dime is special because it’s one of the rare coins from the New Orleans Mint. Its low production and the significance of the mint location make it a valuable find for collectors. The coin’s design, featuring Lady Liberty seated and a reverse with a simple wreath, is a reflection of the artistry of the period.
Value of the 1843-O Seated Liberty Dime
The value of the 1843-O Seated Liberty Dime depends on its condition, with better-preserved coins commanding higher prices. Below is a breakdown of estimated values for different grades:
| Coin Condition | Estimated Value Range |
|---|---|
| Good (G-4) | $50 – $100 |
| Very Fine (VF-20) | $500 – $1,000 |
| Extremely Fine (XF-40) | $1,200 – $2,500 |
| Uncirculated (MS-60) | $3,500 – $5,000 |
How to Identify the 1843-O Seated Liberty Dime
Identifying the 1843-O Seated Liberty Dime is simple once you know what to look for:
- Mintmark: The “O” mintmark is on the reverse side below the wreath.
- Design: The front of the coin displays Lady Liberty seated with a shield, while the reverse has a simple wreath.
- Composition: The dime is made of 90% silver and 10% copper, giving it its characteristic silver color and weight.
Collecting the 1843-O Seated Liberty Dime
Because of its historical significance and scarcity, this coin is highly collectible. If you’re interested in adding an 1843-O Seated Liberty Dime to your collection, be sure to buy from a reputable dealer, as the coin’s value can fluctuate based on its condition and authenticity. Coins with less wear and better detail will always fetch higher prices, especially those in uncirculated condition.
Conclusion
The 1843-O Seated Liberty Dime is a rare and valuable piece of American history, particularly because of its New Orleans Mint origin. Its unique design, low mintage, and historical significance make it a treasure for coin collectors. With its value ranging from a modest $50 to over $5,000 for high-grade examples, the 1843-O Seated Liberty Dime remains a coveted coin for collectors. Whether you’re a seasoned numismatist or just starting your collection, this coin is a noteworthy piece worth exploring.
FAQ’s
Q1: Why is the 1843-O Seated Liberty Dime valuable?
A1: Its value stems from its limited production, historical significance, and the New Orleans Mintmark.
Q2: How can I identify an 1843-O Seated Liberty Dime?
A2: Look for the “O” mintmark on the reverse side below the wreath and the seated Lady Liberty on the front.
Q3: What is the composition of the 1843-O Seated Liberty Dime?
A3: It is composed of 90% silver and 10% copper.
Q4: How much is an 1843-O Seated Liberty Dime worth today?
A4: Depending on its condition, it can be worth between $50 and over $5,000.
Q5: Where was the 1843-O Seated Liberty Dime minted?
A5: It was minted in New Orleans, as indicated by the “O” mintmark on the coin.