In a remarkable turn of events, a forgotten tin discovered in a dusty attic has unveiled a numismatic treasure: the elusive 1894-S Barber Dime, one of the rarest coins in American history.
This particular specimen, preserved in exceptional condition, has been appraised at an astonishing $1.9 million, reigniting interest among collectors and historians alike.
The 1894-S Barber Dime: A Numismatic Rarity
Minted in San Francisco in 1894, the Barber Dime series is renowned for its scarcity. Only 24 proof dimes were produced that year, and today, merely nine are known to exist.
The reasons behind such a limited mintage remain speculative, with theories ranging from accounting adjustments to special gifts for dignitaries.
Coin Specifications
| Feature | Details |
|---|---|
| Denomination | 10 cents (Dime) |
| Mint | San Francisco (S) |
| Year | 1894 |
| Mintage | 24 (all proofs) |
| Known Survivors | 9 |
| Composition | 90% Silver, 10% Copper |
| Weight | 2.50 grams |
| Diameter | 17.9 mm |
| Designer | Charles E. Barber |
The Legendary “Ice Cream Dime” Tale
Adding to its mystique is the anecdote of the “Ice Cream Dime.” According to lore, the San Francisco Mint’s superintendent gifted three of these dimes to his daughter, advising her to save them.
However, she reportedly spent one on ice cream, making it the only known circulated example. This coin, later dubbed the “Ice Cream Specimen,” was purchased for $2.40 in 1957 and has since become a symbol of the coin’s storied past.
Recent Valuations and Sales
The 1894-S Barber Dime has consistently fetched impressive sums at auctions:
- 2005: Sold for $1.3 million
- 2007: Achieved a price of $1.9 million
- 2016: The finest known specimen, graded Proof-66, sold for $1,997,500
- 2025: A recent sale reached $2.16 million, setting a new record
These figures underscore the coin’s enduring allure and investment potential.
Identifying an Authentic 1894-S Barber Dime
Given its value, authenticating an 1894-S Barber Dime is crucial:
- Obverse: Features Lady Liberty with a laurel wreath, the word “LIBERTY” inscribed on her headband, and the date “1894” below.
- Reverse: Displays a wreath encircling the words “ONE DIME,” with the mint mark “S” beneath the bow.
- Edge: Reeded
If you suspect you possess such a coin, consult a reputable numismatist or grading service for verification.
The unexpected discovery of an 1894-S Barber Dime in a forgotten attic tin serves as a poignant reminder of the hidden treasures that may lie unnoticed.
With its rich history, extreme rarity, and substantial value, this coin continues to captivate the imaginations of collectors and enthusiasts worldwide.
FAQs
Why were only 24 of the 1894-S Barber Dimes minted?
The exact reason remains unclear, but theories suggest they were produced for special presentations or to balance mint accounts.
How can I verify if I have an authentic 1894-S Barber Dime?
Consult with professional coin grading services like PCGS or NGC, who can authenticate and grade the coin.
What should I do if I find a rare coin like this?
Avoid cleaning the coin, store it safely, and seek expert appraisal to determine its authenticity and value.