The 1895-O Barber Dime is one of the most sought-after coins among collectors due to its rarity and historical significance. Minted at the New Orleans Mint, this coin is a key date in the Barber Dime series, which was produced from 1892 to 1916. The 1895-O Barber Dime is unique for its low mintage, making it a standout for numismatists and coin enthusiasts alike.
In this guide, we will explore the history, market data, coin specifications, and why the 1895-O Barber Dime is so special.
History of the 1895-O Barber Dime
The Barber Dime was designed by Charles E. Barber, the Chief Engraver of the U.S. Mint, and was part of a series that included the Barber Quarter and Barber Half Dollar. The Barber Dime was in circulation from 1892 until 1916, when it was replaced by the Mercury Dime.
The 1895-O Barber Dime was struck at the New Orleans Mint, a facility that produced coins during the 19th and early 20th centuries. The New Orleans Mint produced coins with the “O” mintmark, which helps collectors identify the origin of the coin.
In 1895, the U.S. Mint at New Orleans struck just 440,000 dimes, which is incredibly low compared to other years in the series. The small mintage of the 1895-O Barber Dime, combined with the fact that many of the coins were worn down or damaged through circulation, contributes to its rarity today.
Market Data and Noteworthy Specimens
The 1895-O Barber Dime’s low mintage has made it one of the most valuable coins in the Barber Dime series. The coin is highly sought after by collectors in various grades, especially in higher-quality conditions such as MS64 or MS65.
In recent years, the price of the 1895-O Barber Dime has been on the rise. Coins in Mint State (MS) condition can fetch thousands of dollars at auction. The value of the coin increases with its grade. For example, a circulated 1895-O Barber Dime might sell for around $100-$200, while higher-quality specimens in MS64 or MS65 condition can easily surpass $10,000.
One particularly noteworthy example of an 1895-O Barber Dime was sold at Heritage Auctions in 2022 for over $50,000. This coin was graded MS66, showcasing the immense value of this rare coin in premium condition.
1895-O Barber Dime Varieties
Over the years, collectors have identified a few varieties of the 1895-O Barber Dime, including subtle differences in the design and characteristics of the coin. Some varieties are more difficult to find, which makes them even more valuable to collectors.
One of the most popular varieties is the “Double Die Obverse” variety, where the coin’s obverse (front) shows signs of doubling on certain letters, which makes the coin even more desirable among collectors. This variety is more rare than the standard 1895-O Barber Dime and can bring higher prices at auction.
Coin Specifications
Here are the essential details about the 1895-O Barber Dime:
| Specification | Details |
|---|---|
| Country | United States of America |
| Year of Issue | 1895 |
| Mintmark | O (New Orleans) |
| Denomination | 10 Cents |
| Mintage | 440,000 |
| Alloy | 90% Silver, 10% Copper |
| Weight | 2.50 grams |
| Diameter | 17.9 mm |
| Edge | Reeded |
| Designer (Obverse) | Charles E. Barber |
| Designer (Reverse) | Charles E. Barber |
Design and Appearance
The design of the 1895-O Barber Dime features a profile image of Liberty on the obverse. Liberty is shown wearing a cap with a laurel wreath, representing freedom and victory. Surrounding Liberty are the words “LIBERTY” and the date of issue, 1895. On the reverse, the coin features an eagle with outstretched wings, clutching an olive branch and arrows, symbolizing peace and strength. Above the eagle is the phrase “UNITED STATES OF AMERICA”, and the coin’s denomination of “ONE DIME” is displayed at the bottom.
The design is very classic, representing a period in American history that marked the transition from the 19th to the 20th century. The Barber Dime, along with other coins from this series, was made to be durable enough for circulation but has since become a collector’s item due to its historical and artistic value.
Why the 1895-O Barber Dime is Special
The 1895-O Barber Dime stands out in the world of numismatics because of its low mintage, rarity, and the fact that it is part of a popular series designed by Charles E. Barber. Only a small number of these coins were ever produced, and even fewer have survived in good condition.
The coin has become especially attractive to collectors due to its association with the New Orleans Mint, which no longer exists as a minting facility. Over the years, the value of the 1895-O Barber Dime has steadily increased, making it an excellent investment for numismatic enthusiasts.
If you are a collector or investor in rare coins, the 1895-O Barber Dime is a must-have for your collection. Whether you are interested in its historical significance, its connection to the New Orleans Mint, or its rising market value, this coin is an exciting addition to any collection.
Conclusion
The 1895-O Barber Dime is more than just a coin; it’s a piece of American history. With its low mintage and iconic design, it holds a special place in the world of numismatics. Whether you are a seasoned collector or a newcomer to the hobby, the 1895-O Barber Dime offers both an investment opportunity and a glimpse into the past. As its value continues to rise, it remains one of the most coveted coins in the Barber Dime series.
FAQ’s
Why is the 1895-O Barber Dime so valuable?
The 1895-O Barber Dime is valuable because of its low mintage of just 440,000 coins, making it rare and difficult to find in good condition. Additionally, its historical significance and connection to the New Orleans Mint add to its appeal.
How much is an 1895-O Barber Dime worth?
The value of the 1895-O Barber Dime varies based on its condition. In circulated condition, it may be worth around $100 to $200. However, higher-quality coins in Mint State (MS64 or MS65) can fetch thousands of dollars at auction, with some examples selling for over $50,000.
Are there any special varieties of the 1895-O Barber Dime?
Yes, one notable variety of the 1895-O Barber Dime is the “Double Die Obverse,” where the coin’s obverse shows doubled lettering, making it more desirable and valuable to collectors.