The 1861 Seated Liberty half dimes have value as numismatic coins. Keep reading to learn more about these silver coins.

1861 Half Dime

Specifications

Type: Seated Liberty Half Dime
Year: 1861
Face Value: $0.05
Composition: 90% silver, 10% copper
Silver Weight: .03936 oz.
Total Weight: 1.24 grams
Current Silver Bullion Value: $0.65

Half dimes minted from 1860-1873 are Seated Liberty variety 4 coins. For this variety there is a legend on the front of the coin.

The US minted the 1861 half dime with no mint mark. No other half dime series were minted for this year.

Series Location Quantity Minted
1861 Philadelphia 3,360,000

Value

This coin in circulated condition will be worth more than its weight in silver. But for reference, the silver melt value for this coin is $0.65 as of December 08, 2019. This melt value is calculated from the current silver spot price of $16.57 per ounce.

The 1861 half dime is worth around $20 in good condition. In very fine condition the value is around $40. In extremely fine condition the value is around $70. In uncirculated condition the price is around $160 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $275.

Proof coins with no mint mark are available and they are valued at around $550 each in PR 63 condition. There were 1,000 proof coins minted.

1 Over 0 Error Coins

There is a notable error variety called the 1 over 0 error. On these coins the number 1 is minted over the number 0.

The 1861 half dime 1 over 0 error error coin is worth around $35 in good condition. In very fine condition the value is around $90. In extremely fine condition the value is around $200. In uncirculated condition the price is around $525 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $800.

Grading System

Good- The date and letters are readable. The word "LIBERTY" on the shield is smooth.

Very fine- The word "LIBERTY" is even and strong.

Extremely fine- Both the word "LIBERTY" and the scroll have distinct edges.

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