The 1892 Barber Dime was the first year of the series which followed the Liberty Seated Dimes. Since this was the year a new design was unveiled, it is especially important for collectors who are striving to assemble a complete collection of Barber Dimes. The good news for collectors is that many of these dimes were saved as a novelty so high grade examples are bountiful.
Of course, as is true of most coins as old as the Barber Dime, the condition of the coin in question means everything to collectors. This is why you will see collectors paying top-dollar for those Dimes in excellent condition. In addition, multiple different types of Barber Dimes were produced every year, so that also plays a role in determining how much you will pay for one of these coins.
For collectors, the condition of a coin is everything because it is never the goal to add a tarnished coin to a collection. When it comes to those people who are attempting to put a Barber Dime collection together, you will find that even the smallest imperfections can mean the difference between someone buying the coin and bypassing it.
Under normal circumstances, the process of judging the condition of a coin is known as grading and is completed by certified companies, of which many exist. Knowing that grading coins is a timely and expensive process, we have provided below some specifications attached to the different coin grades.
Uncirculated: An Uncirculated 1892 Barber Dime is one that never saw any time exchanging hands on the open market. These coins have been well-preserved through the years and show no signs of damage. The texture, wreath remains robust with a solid texture and no signs of wear or discoloration, is still wholly intact, and so too is most of the coin’s shine.
Extremely Fine: In this condition, the coin in question will have been subjected to a decent bit of damage during it short time in circulation. Though any and all wear is only really visible under close inspection, it becomes quite easy to tell that these coins were circulated and not simply kept in a safe their entire lives.
Fine: A coin that is graded to be Fine is one that was circulated for a moderate amount of time, but was pulled out of circulation before it incurred much damage. While there may not be any major signs of wear and tear present on the faces of the coin, you will notice that the coin itself will have lost much of its texture, giving it a smoother feel than anything else.
Good: A coin that is receiving of a Good grade is one that really and truly shows its age. These coins were the most heavily circulated of them all and will have things like major scratches, chips, and might even be bent. These are, as you might have guessed, also some of the most affordable Barber Dimes around.
Pricing the 1892 Barber Dime
When it comes to giving coins as old as the Barber Dime an accurate price, there are two major factors to consider. First, you must take into consideration the type of coin that it is. Barber Dimes were produced in 2 to 3 different types every year, and with each type comes a new level of scarcity, so this is the first thing to consider when pricing these coins. Secondly, the condition of the coin will play a major role in determining price. Below, there exists a chart aimed at giving you a better idea of what you might pay for a 1892 Barber Dime that has been graded.
|1892 Barber Dime||$7||$18||$30||$80|
|1892 Barber Dime (O)||$12||$35||$75||$95|
|1892 Barber Dime (S)||$65||$190||$280||$330||Source: Red Book|