Entries from February 2013 ↓

An Exceptional Half Dime

One of the favorite coins in my collection is one of tiniest. The half dime was authorized under the Coinage Act of 1792 as the smallest silver denomination. The weight of the coin was just 1.35 grams, which was later reduced to 1.34 grams. The diameter was a 15.5 mm, making it both smaller and thinner than the dime.

half-dime

I came across this 1829 half dime, which was graded NGC AU 53 in an old holder. While the scan above does not convey completely, the coin is covered in colorful, original toning. Furthermore, the coin displays much greater detail and minimal wear than the grade level would suggest. As a premium example for the given grade, I decided to mark the purchase. I sent the coin to CAC and it received their gold sticker, indicating that the coin exceeded their standards for the given grade level.

Slowly but surely I will attempt to build a collection of the Capped Bust Half Dimes in similar grade and quality. The series is relatively short lived, running from 1829 to 1837. This makes for only nine different dates to acquire. There are no significant key dates for the series so all coins carry a modest price tag for about uncirculated coins.

It’s not the most popular series, so not every dealer has a lot of examples available. However, I am sure I will be able to pick up an outstanding coin or two in the coming years.