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Does Anyone Know The Mintage Of 1893 Rt Dimes

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artdio's Avatar
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 Posted 12/29/2012  11:25 am Show Profile   Bookmark this topic Add artdio to your friends list Get a Link to this Message Number of Subscribers
Hey guys& gals, I know how many 1893 dimes were minted , but am trying to get a more accurate amount on the 93 rt...

I am selling one and am being questioned on how many...The person thinks they minted 500K of them while I am trying to tell them no..That was total mintage..

I need help.. what doe the POP say
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Canada
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 Posted 12/29/2012  11:53 am  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
There is no record of the number minted.By their rarity they were likely the product of one reverse die.Somewhere online there is an estimate of average number coins produced per reverse die for 1893 ten cents,that's about as close as you'll get.You can't estimate mintage from POP reports,you can only approximate scarcity.
"Dipping" is not considered cleaning...
-from PCGS website
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artdio's Avatar
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 Posted 12/29/2012  11:58 am  Show Profile   Bookmark this reply Add artdio to your friends list Get a Link to this Reply
well we all know they are very scarce , oh well back to the guesstimating....
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glenzy1's Avatar
Canada
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 Posted 12/29/2012  3:19 pm  Show Profile   Bookmark this reply Add glenzy1 to your friends list Get a Link to this Reply
We all know that The Charlton Catalogue states the TOTAL mintage of the 1893 Canada dime is mere 500,000 between two four varieties:
>1893, Flat Top, Obverse #5
>1893, Flat Top, Obverse #6
>1893, Round Top,Obverse #5
>1893, Round Top,Obverse #6
The 2012 I.C.C.S. Population Report states there are a TOTAL of 288 Flat Top 3's and a TOTAL of 167 Round Top 3's. (these are all from G-4 to MS-66 grades combined)
With a known ratio of almost 2:1 Flat Top's to Round Top's slabbed by I.C.C.S. and a known mintage of 500K, one can almost assume that the TOTAL mintage of the Round Top's might well be 150,000.

Glenn
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doubleeagle59's Avatar
Canada
2495 Posts
 Posted 12/29/2012  3:35 pm  Show Profile   Bookmark this reply Add doubleeagle59 to your friends list Get a Link to this Reply
I think it's even less than Glenzy computed number of 150,000.

Take the ICCS pop report numbers of EF40 and higher ONLY.

Why? because of the rarity of the round tops, more are graded. It's very similar to the 1948 dollars. If you took the pop report numbers on the '48 dollars, you'd think they were a lot more common than they actually are.

Anyways, back to the 1893 round tops in ef40 and higher.

Flat top 3's have 71 graded.
Round top 3's have only 10 graded.

This gives what I believe is a more realistic 'rarity' figure of the total minted 12% are round tops and 88% are flat tops.

Which equates to 60,000 round tops and 440,000 flat tops.
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artdio's Avatar
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 Posted 12/29/2012  3:42 pm  Show Profile   Bookmark this reply Add artdio to your friends list Get a Link to this Reply
well I think I like doubleeagle's numbers more lol...I figured around 10% maybe but of course just a guess... How many have survived is another thing
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cameron93's Avatar
Canada
190 Posts
 Posted 12/29/2012  4:03 pm  Show Profile   Bookmark this reply Add cameron93 to your friends list Get a Link to this Reply

Here's another way to analyze it...

Using Canadain Coin News "Trends" list prices...

The 3 different varieties of Flat Top 3's average at $40 bucks listed value in VG condition... fairly common price when compared with other dates for dimes in Victoria vintage series...

Round Top "obv 6" variety lists at $1400 in VG grade... 35 times the value of flat tops... of all Canada dimes minted only one other date lists this high a value in VG grade...

Round Top "obv 5" variety lists at $4000 in VG... 100 times the value of flat tops... no other date comes close to listing this high of all dates / varieties of Canada dimes minted...

The value this coin holds attests to its scarcity... it may not be possible to determine the actual amount that were produced, but it is one of the rarer date / varieties out there...

Take care, and Best Wishes for a Happy & Prosperous New Year!

cameron93

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glenzy1's Avatar
Canada
1554 Posts
 Posted 12/29/2012  7:14 pm  Show Profile   Bookmark this reply Add glenzy1 to your friends list Get a Link to this Reply
Maybe we can come to a General consensus for a mintage between 60K-150k, or split the difference and settle on 100K mintage?

Glenn
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artdio's Avatar
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 Posted 12/29/2012  8:15 pm  Show Profile   Bookmark this reply Add artdio to your friends list Get a Link to this Reply
im thinking much less than 60,k if you factor in the just the loss,and the melting that would account for another 50 to 75% of this figure ..So in reality there might be less than 30 k still around... But if there are so many why do they rarely surface ?

You see much more Newf gold with way less mintages surface vs the 93 RT
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glenzy1's Avatar
Canada
1554 Posts
 Posted 12/30/2012  02:41 am  Show Profile   Bookmark this reply Add glenzy1 to your friends list Get a Link to this Reply
Artdio, you have me mildly confused? The initial thread's question asked how many Round Top's were "minted", and now you are wondering how many are in existence World wide.
If for argument's sake, let's go with 50,000 minted for the R.T. The residual rate (survival of a 120+ year old coin) is usually 1 to 2% of total mintage, which means there would be somewhere around 2,000 in existence in all grades combined!

Glenn
Edited by glenzy1
12/30/2012 02:42 am
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