1855 Half Dime Arrows NGC MS61

Description

1855 Half Dime Arrows NGC MS61

• Mint: Philadelphia
• Mintage: 1,750,000
• Obverse Designer: Christian Gobrecht and Robert B. Hughes
• Reverse Designer: Christian Gobrecht
• Composition: Silver
• Fineness: 0.9
• Weight: 1.24g
• ASW: 0.0359oz
• Diameter: 15.5mm
• Edge: Reeded

This is a photo of the exact coin you will receive.

Overview:

The 1855 Half Dime with Arrows is an exquisite example of American silver coinage from a pivotal era in U.S. numismatic history. Introduced during a time of change in weight standards for silver coins, this coin is distinguished by the presence of arrows at the date, signifying this alteration. It’s a must-have for collectors interested in transitional periods of U.S. coinage or those seeking to own a piece of pre-Civil War Americana.

Design Elements:

Obverse: The obverse features a seated Liberty, holding a shield with a ribbon inscribed “LIBERTY” and a staff topped with a Liberty cap. She is surrounded by thirteen stars, symbolizing the original colonies. This design, by Christian Gobrecht, personifies the allegorical figure of Liberty in a serene yet strong pose.
Reverse: The reverse displays a wreath of laurel leaves (sometimes mixed with corn, wheat, and other agricultural produce), tying into America’s agrarian roots. Inside the wreath, “HALF DIME” is clearly stated, and around the outside, “UNITED STATES OF AMERICA” encircles the design. Notably, arrows are placed on either side of the date “1855,” indicating a reduction in the coin’s silver content.

Metal Composition and Specifications:

Material: Made from 90% silver and 10% copper, the 1855 Half Dime with Arrows reflects the standard alloy used for U.S. silver coinage at the time, although its weight was slightly reduced to 1.24 grams from previous issues, which is why the arrows were added.
Dimensions: The coin has a diameter of approximately 15.5 mm, making it a small but significant piece in terms of its numismatic value.

Historical Context:

Weight Change: The arrows at the date were added to signify a weight reduction, a response to the fluctuating silver prices and a way to discourage the hoarding or melting of silver coins. This change was temporary, lasting only from 1853 to 1855, making coins from these years particularly notable.
Rarity: Given the relatively short period of minting with arrows, the 1855 Half Dime has become somewhat scarce, especially in higher grades. Its rarity is compounded by the fact that many were melted down when silver prices rose or were worn heavily through circulation.

Collectibility and Investment:

Condition: Due to its age and the nature of its use, finding an 1855 Half Dime with Arrows in pristine condition can be challenging. Coins graded by reputable services like PCGS or NGC are especially prized for their verified condition.
Investment Potential: This coin not only serves as a collector’s piece but also holds investment potential due to its silver content, historical significance, and the limited number of specimens available in good condition.

Conclusion:

The 1855 Half Dime with Arrows stands as a testament to the adaptability of U.S. coinage in response to economic factors. It’s an artifact from a time when America was still defining its monetary system, offering both historical insight and a tangible connection to the mid-19th century. For numismatists, historians, or investors in precious metals, this coin represents a unique opportunity to acquire a piece of American history that is both rare and intrinsically valuable.

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