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Bedrock of the Community
United States
94367 Posts |
Good grief!  |
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Valued Member
United States
450 Posts |
Inflation is an enemy for all, even numismatists. I try to stick to Keys like this one, I was born in 1960. We were able to buy 6 Hershey bars for 25 cents plus 1 cent tax. (They were what is marketed now as King Size). In the seventies we still saw 90% silver in the circulating coinage, and I hoarded all of it, including the 40% Kennedy's from 65 to 69.
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Valued Member
United States
202 Posts |
Not my series, but in the last 130 years has there ever even been a documented example of one in any grade below uncirculated condition?
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Bedrock of the Community
 United States
25614 Posts |
All 24 1894-S dimes were Proofs.
Inordinately fascinated by bits of metal with strange markings and figures
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Moderator
United States
15530 Posts |
I say that is simply a made up value because they had to print something. Would have been more accurate to say N/A.
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Pillar of the Community
United States
3848 Posts |
Suffering from bust half fever. Want to learn how to attribute early half dollars by die variety? Click Here: http://goccf.com/t/434955Shoot me a PM if you are looking to sell bust halves. |
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Moderator
United States
189767 Posts |
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All 24 1894-S dimes were Proofs. I did not realize that (not my series). I should have checked my Red Book first.  Now I wonder why Numismedia lists values for all circulation grades for it.  Quote:
I say that is simply a made up value because they had to print something. Would have been more accurate to say N/A. Seems that I have to agree. |
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Pillar of the Community
 United States
2216 Posts |
Quote:
All 24 1894-S dimes were Proofs. While the coins may exhibit proof-like qualities, technically they are not proof coins. "Proof" refers to the way the coin was manufactured and not its condition. Many first-run coins exhibit proof-like qualities because the dies are new. The dimes should thus be properly referred to as "proof-like." There is no evidence that the dies were prepared as proofs. It's likely that people referred to them as proofs in order to make the seem more valuable. In any event, they are first business strikes, not proofs. |
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Pillar of the Community
United States
2216 Posts |
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I say that is simply a made up value because they had to print something. Would have been more accurate to say N/A. I agree. In 1946, these coins were only 52 years old and the numismatic world knew a lot less about them than it does today. I can see the editors scratching their heads and thinking, "How do we assign a value to a coin with such a small mintage?", with the answer being, "I got an idea. Let's just say $50 and $150 and be done with it. That's a lot of money and people will be impressed." |
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Pillar of the Community
United States
2216 Posts |
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Not my series, but in the last 130 years has there ever even been a documented example of one in any grade below uncirculated condition? Out of 24 coins minted, ten are known. Eight are graded as proofs (though technically they're not proofs, only proof-like). The ninth specimen--found in a Gimbel's department store junk cash box in 1957 and purchased for $2.40--is graded G4. The tenth coin is graded AG4. Edited by jpsned
07/06/2023 12:37 pm
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Moderator
United States
189767 Posts |
Quote:
Out of 24 coins minted, ten are known. Eight are graded as proofs (though technically they're not proofs, only proof-like). The ninth specimen--found in a Gimbel's department store junk cash box in 1957 and purchased for $2.40--is graded G4. The tenth coin is graded AG4. Thank you for the rundown! So it is correct to offer the full range of prices. One of the 14 remaining coins could theoretically turn up in any condition. I will not be holding my breath though. |
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Pillar of the Community
United States
2216 Posts |
You're welcome!
Here's another interesting tidbit: According to Mint authorities, out of the 24 minted, 10 were melted and 14 went into circulation. So, minus these known 10, four dimes are still unaccounted for. Check your change!
Edited by jpsned
07/06/2023 6:27 pm
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Pillar of the Community
United States
4233 Posts |
Barber dimes circulated a lot. It's possible an 1894-S is sitting in someone's collection with the mint mark area completely worn off.
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Bedrock of the Community
United States
94367 Posts |
Interesting to speculate!
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Moderator
United States
189767 Posts |
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...four dimes are still unaccounted for. Check your change! Quote:
It's possible an 1894-S is sitting in someone's collection with the mint mark area completely worn off.   |
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Posted 07/05/2023 5:38 pm
