1822 Bust Dime: Rarity-3 or Rarity-4 ?

SG58 · February 16, 2005 6:14AM

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?

Barry · February 16, 2005 8:25AM

I have one. I believe it's a VG8 or 10 (still at work, and don't have my inventory here...) I'm looking for a better one, if you know of any. These are HARD to find.

mozin · February 17, 2005 4:12AM

According to the latest John Reich Journal census dated April 2003 the 1822 dime is listed as R4. I am still waiting for a nice 1822 to come my way.

Barndog · September 21, 2006 10:41PM

Just for Goose3

Nysoto · October 14, 2006 4:45AM

One of the best indicators of rarity is auction frequency. In the EUSD reference book, a study was done examining 419 auction catalogs covering different time periods for frequency of appearance with bust dimes and other denominations:

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.

Nysoto · October 14, 2006 6:56AM

Realone,

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.

mcheath · October 14, 2006 7:05AM

i have been looking off and on in the past year for an 1822 dime

Cladiator · October 14, 2006 7:10AM

<< 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.

Barndog · October 14, 2006 7:10AM

<< i have been looking off and on in the past year for an 1822 dime >>

Goose3 has them all.

Cladiator · October 14, 2006 7:17AM

<< 

<< 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.

Barndog · October 14, 2006 7:18AM

<< 

<< 

<< 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

JustBustDimes · October 15, 2006 2:07PM

Hi,

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.

michael · October 15, 2006 2:21PM

how about 1825 bust dimes in unc??

and jr 5 bust dimes in unc??

dorkkarl · October 16, 2006 5:45AM

i personally think it's only about a r3 coin.

K S

goose3 · October 16, 2006 5:46AM

I don't have a clue what you guys are talking about.

JustBustDimes · October 16, 2006 6:27AM

All 5 of the 1825 varieties are available in mint state. The JR-3 is the most difficult one to find of the 5 in mint state. Certainly, most of the mint state examples are in type sets and not die variety collectors.

michael · October 16, 2006 7:52AM

in any grade with average+ eye appeal r-5

JustBustDimes · October 16, 2006 11:57AM

I agree with Michael. Maybe R6 with nice eye appeal. Some fart seems to always mess with a dime to squeeze out anotther buck.

1822 Bust Dime: Rarity-3 or Rarity-4 ?

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