Happy Sunday Steemians!
Yesterday I posted about my new silver Thaler coin... what I didn't mention was that, in the same antiques cave I also bought an 1853 Dime.
Now, I know that I was overcharged for this one a bit (the one on the left) but I was so excited to add to my collection, I couldn't leave it behind. The other dime in the photo is a really worn little thing from 1873 that was hiding in the lot that my other half gave me... but silver is silver, right?!
So the interesting things about the 1853 dime are the arrows either side of the date. In 1853, the silver content of fractional coins was reduced by 6.9% to try to combat the hoarding of these coins. New production began in April 1853, so in order to differentiate between the higher silver content coins and the lower, the latter had these arrows added. This was because the higher silver content coins were being rounded up and removed from circulation.
The arrows were only on a series of 5 of these dime released between 1853 and 1855 - but they are far from rare due to the high volumes struck! Makes a nice little short collecting run though.
If you want to read more about this change in precious metal content and the reasons behind it, check out this link... https://coinsite.com/1853-55-dime-seated-liberty-with-arrows/
Evie x
