Video: Story Of The 1873 Carson City Dime With Arrows At The Date

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Author	Replies: 1 / Views: 910
CCFPress Press Manager United States 1420 Posts	Posted 06/25/2015 4:57 pm Joel Rettew, Numismatist, Interviewer: David Lisot, CoinWeek.com. In 1873 the United States was in a financial crisis. This affected the price of silver that affected some of the coins in circulation including the dimes minted at Carson City. Numismatist Joel Rettew tells the story of the dimes of 1873, why some were made "with arrows" at the date, and which ones are the most valuable. Ns5cvglp6rw Report this Post to the Staff

DoubleEagle20 Pillar of the Community United States 1748 Posts	Posted 06/28/2015 9:03 pm Ummm...Mr Rettew needs to check his RedBook. The 1873-CC without arrows dime is 2.49g. The 1873-CC with arrows dime was 2.50g in weight. The arrows in 1873 and 1874 signify an INCREASE in weight to bring our coins nearer to their European counterparts. It was also done to appease Nevada silver interests, as silver was actually falling in value in 1873, due to the glut from the Comstock Lode and the recent demonetization of silver. This appeasement was not sufficient for the silver mining interests, so in 1878 the Bland-Allison act was passed to make them truly happy and the result was our beloved Morgan dollar. The scenario he was explaining IS what happened in the 1852-1853 weight change where silver was increasing in value and the U.S. Govt reduced the weight to stop the exportation and melting of our silver coinage. Sorry to correct, but take a look at the RedBook and you will see. Edited by DoubleEagle20 06/28/2015 10:04 pm Report this Post to the Staff
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