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    1893 Barber Dime

    In 1892, the United States Mint replaced the Liberty Seated Dimes with the Barber Dime ten cent piece. The Barber Dime was produced for two decades. While a dime may not seem valuable to collectors, certain types of Barber Dimes have significant value above and beyond their face value.

    That being said, a collector will likely only be interested in obtaining Barber Dimes that are in excellent condition. These coins are not only the most valuable, but are also the most beautiful to look at.

    Grading the 1893 Barber Dime

    When collectors think about purchasing a coin such as the 1893 Barber Dime, the first thing they will concern themselves with is the condition in which the coin is in. Condition not only affects value, but it also affect the general appeal of a collection, so collectors would like to buy those coins that haven’t been too heavily damaged.

    Normally, judging the condition of a coin is something best left to the professionals, but not everyone has the time and money to send their coins away for grading. Understanding this, we have provided below a listing of the different characteristics of graded Barber Dimes as to give you a better idea of what graded pieces might look like.

    Uncirculated: An Uncirculated Barber Dime is one that never was released into the open exchange market. Instead of changing hands over and over for decades like most Dimes did, these pieces were kept under lock and key and avoided most any damage. Even the mint’s original luster is still present on the coin’s faces.

    Extremely Fine: A coin receiving this grade is one that was only put into circulation for a short period of time. During that time, the coin in question will have suffered some damage, but not enough to really take away from its appeal. Apart from some light scratching that is only visible under close inspection, these coins appear to be well-preserved.

    Fine: If a coin is graded to be Fine, the coin in question is one that has spent a good bit of time being circulated. These coins will show a good bit of damage, but not so much that you cannot make out major identifying features such as the images and inscriptions.

    Good: This is the grade given to coins that are in poor condition. These pieces, during their lives, were circulated for decades upon decades and have incurred a lot of damage during that time. For collectors, these are not the most desirable pieces, as seen by their relatively inexpensive asking prices.

    Pricing the 1893 Barber Dime

    For coins like the Barber Dime, the price you are going to pay is dependent on a few different factors. For one, the type of Dime it is will play very heavily into how much the asking price is. Because different types of Dimes were minted every year, their individual scarcities play into the asking price. In addition, you will need to pay attention to the coin’s condition. Dimes that are in excellent condition are the ones going for the highest prices.

    Barber Dimes

    DATE GOOD FINE EXTREMELY FINE UNCIRCULATED
    1893 Barber Dime $140 $160 $200 $300
    1893 Barber Dime (O) $30 $120 $190 $230
    1893 Barber Dime (S) $15 $37 $85 $150
    Source: Red Book

    All Market Updates are provided as a third party analysis and do not necessarily reflect the explicit views of JM Bullion Inc. and should not be construed as financial advice.