Last Updated on May 27, 2022
Also known as the Barber dime, the 1903 dime has a pretty decent value compared to its face value. Minted in three different states, every variant has its value in the market. Collectors love to get their hands on the 1903 dime, and the demand is just rising.
If you are looking to get your hands on the 1903 dime, there are many things that you should know. Here is a complete guide that is going to help you with it.
How Much Is A 1903 Dime Worth?
The 1903 Barber dime was produced in three different mints so that every variant would have its different value.
The 1903 dimes minted in Philadelphia have no mintmark present on them. They are worth around $5 in very good condition. For fine and very fine condition 1903 dime, you can get a value of $6 to $9. However, in extremely fine condition, the 1903 dime holds a value of $28.
But the uncirculated condition dime with an MS-6 grade is worth around $121 and $257 for MS-65.
The 1903 Barber dime minted in New Orleans with an O mintmark holds a value of $5 to $7 in very good condition. In fine and very fine condition, the dime can go for around $16 to $28. So if you are looking at an extremely fine condition 1903 dime, it is worth around $56.
In uncirculated conditions, the value rises at a big margin. For example, an MS-60 graded 1903 dime is worth about $314, and $608 for the MS-65 grade one.
The 1903 dimes minted in San Francisco have an S mintmark present. They hold a value of around $94 to 149 in good and very good condition. For the fine and very fine, the value ranges from $399 to $533. And the extremely fine 1903 dime is worth about $816.
With an MS-60 grade, the worth is around $1,389, and $1,981 for the MS-65 grade in uncirculated condition.
What Is The Barber Dime?
Many people are confused about why the 1903 dime is called the Barber dime. However, there is a reason behind why it is such.
Charles E Barber designed the 1903 dime, and due to his remarkable work, the dimes were named after him. He was the chief designer for the US mints for a while. Everyone well appreciated his work.
Why Do San Francisco Minted Dimes Have Higher Value Than Others?
Minted in the same country, with no design change, and produced in the same year. So then, why is there such a difference in the value of San Francisco minted 1903 dimes?
Everything may be the same, but the main difference that plays an important role in the value of the 1903 dime is the quantities they were minted in. Due to being minted in large numbers, the availability gets easier, and the value is normal.
However, the San Francisco mint produced the 1903 dimes in very few numbers compared to other mints. Therefore, it isn’t easy to find these dimes in mint condition. That is why the dimes with an S mintmark have a premium value compared to others.
Where Is The Mintmark Present on The 1903 Dime?
A mintmark is the official stamp of the mint in which the coin was produced. It is what differentiates the coins of various mints. However, if you are looking at 1903 with no mintmark, it is produced in the Philadelphia mint.
When present, the mintmark can be found on the reverse side of the coin under the wreath. The mintmark is engraved in a small font, so look closely to identify it. Without having a close look, it will get difficult for you to differentiate the dime.
What Are The Specifications Of The 1903 Dime?
Knowing the specifications of the 1903 dime will help you verify the coin’s originality. Starting with the metal composition, the 1903 dime comprises 90% silver and 10% copper, so it can also have a melt value.
The dime is 17.9 mm in diameter and around 2.5 grams in weight. Therefore, whenever you are going to deal in the 1903 dime, check everything is accurate; otherwise, you may get a fake coin.
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