The 1863 Seated Liberty half dimes have value as numismatic coins. Keep reading to learn more about these silver coins.
Specifications
Type: Seated Liberty Half Dime
Year: 1863
Face Value: $0.05
Composition: 90% silver, 10% copper
Silver Weight: .0359 oz.
Total Weight: 1.24 grams
Current Silver Bullion Value: $1.00
The US minted the 1863 half dime with no mint mark and also the 1863 S half dime. The mint mark, when present, can be found on the reverse side of the coin below the bow.
| Series | Location | Quantity Minted |
|---|---|---|
| 1863 | Philadelphia | 18,000 |
| 1863 S | San Francisco | 100,000 |
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 $1.00. This melt value is calculated from the current silver spot price of $27.94 per ounce.
The 1863 half dime with no mint mark is worth around $200 in good condition. In very fine condition the value is around $450. In extremely fine condition the value is around $600. In uncirculated condition the price is around $835 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $975.
The 1863 S half dime is worth around $45 in good condition. In very fine condition the value is around $200. In extremely fine condition the value is around $300. In uncirculated condition the price is around $850 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $1,100.
Proof coins with no mint mark are available and they are valued at around $550 each in PR 63 condition. There were only 460 proof coins minted.
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