1831 Capped Bust Dime Value Guide

1870 three cent nickel | eBay
1831 Capped Bust Dime
Estimated Value
$40 – $44
Period
1831
Origin
United States
Materials
89.2% Silver, 10.8% Copper

The 1831 Capped Bust Dime is a significant piece of American numismatic history, representing the 'Reduced Size' variety produced with a closed collar for uniform thickness. Designed by William Kneass, this 89.2% silver coin marks the technological transition from manual striking toward industrialized minting processes.

What Is 1831 Capped Bust Dime Worth?

The typical price range for 1831 Capped Bust Dime is $40 - $44 based on recent sales. However, values can vary depending on the item's condition, rarity, and other factors such as:

  • Overall strike quality and the preservation of fine details on Liberty's cap and the eagle's feathers.
  • The presence of original mint luster or attractive natural toning on the 89.2% silver surface.
  • Surface condition, including the absence of scratches, cleaning marks, or significant circulation wear.
  • Market demand for the 1831 date within the Capped Bust series, typically ranging from $40 to $44 for common grades.

How to Identify 1831 Capped Bust Dime?

  • Verify the 18.8mm diameter characteristic of the 'Reduced Size' variety introduced in 1828.
  • Check for the presence of the closed collar, which creates a distinct, uniform edge compared to earlier issues.
  • Examine the obverse for Liberty wearing a Phrygian cap with the date 1831 clearly struck at the bottom.
  • Look for the '10 C.' denomination on the reverse, flanked by an eagle and olive branch.

History of 1831 Capped Bust Dime

Designed by William Kneass, the Capped Bust Dime was minted from 1809 to 1837. The 1831 issue is part of the 'Reduced Size' variety, which utilized a closed collar to produce more uniform, thicker coins with a standard diameter. This era of coinage represents the transition from manual striking to more industrialized steam-powered minting processes.

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