1822 Bust Dime: Rarity-3 or Rarity-4 ?
SG58
Posts: 63 ✭✭✭
The "Dime Book" shows the 1822 bust dime as a R-3 coin with approximately 300 surviving coins. Some recent catalogs (notably Bowers sale of the Logan collection) show the 1822 bust dime as a R-4 coin (200 coins). What happened to the other 100 coins? And who out there owns an 1822 dime?
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dimes
1800 110 appearances
1801 127
1802 117
1803 117
1804 94
1822 143
1796 quarter 215 appearances!
1794 dollar 102
1793 lib cap cent 156
The underrated 1800-1804 dimes are in the R-4 range for the date, this is how they arrived at R-3 for 1822, although R-3+ would be justified if they had used + and - with the ratings. Note that the 1794 dollar, with a known population of at least 138 examples, has much less appearances than 1822 dimes, and you have to consider that a higher percentage of 1794 dollars would make it to auction because of higher prices. I would go with the study, unless someone can prove differently.
The 1827 dime has 13 varieties including two R-1's (more than 1000) and four R-2's (500-1000). As a date, 1827 would not be considered scarce. In the same EUSD study, 1827 had 330 auction appearances, but this is misleading because the G-XF grades will not make it to the big auctions unless they are a rare variety - however a low grade 1822 will make it to auction which allows a meaningful relative comparison with other rarities.
Another study in the EUSD book included frequency of appearance at auctions in mint state. Here is the same comparison to my earlier post for MS dimes in 419 different auctions:
dimes
1800 3 appearances in MS
1801 1
1802 2
1803 2
1804 0
1822 11
1827 71
1796 quarter 33 MS appearances!
1794 dollar 9
1793 lib cap cent 7
As the data shows, many of the 1827 dimes are higher grade that are worthy of a major auction. Those 1800-1804 dimes look even more rare.
The "Early United States Dimes" book is out of print but still available. Well worth the money.
<< <i>i have been looking off and on in the past year for an 1822 dime >>
I've seen at least a half dozen of these sell in the past 12 months.
<< <i>i have been looking off and on in the past year for an 1822 dime >>
Goose3 has them all.
<< <i>
<< <i>i have been looking off and on in the past year for an 1822 dime >>
Goose3 has them all. >>
LOL almost. All but 1 of the ones I was talking about actually.
<< <i>
<< <i>
<< <i>i have been looking off and on in the past year for an 1822 dime >>
Goose3 has them all. >>
LOL almost. All but 1 of the ones I was talking about actually. >>
yeah, he did send one back
Here are the rarity ratings as of Aug 2006 from the John Reich Journal Volume 17/Issue 2 for the 1827 varieties.
Date Variety Rarity Notes
1827 JR-1 R3
1827 JR-2 R5
1827 JR-3 R1
1827 JR-4 R2
1827 JR-5 R3
1827 JR-6 R2
1827 JR-7 R3
1827 JR-8 R4
1827 JR-9 R4+ Rarity dropped from R5
1827 JR-10 R6+ Rarity dropped from R7
1827 JR-11 R2
1827 JR-12 R1
1827 JR-13 R3
I hope this helps.
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John Reich Collectors Society
Capped Bust Dimes
and jr 5 bust dimes in unc??
K S
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John Reich Collectors Society
Capped Bust Dimes
122/123
John Reich Collectors Society
Capped Bust Dimes