The Barber Dime is a classical piece of American coinage that was produced during the late 19th, early 20th century. Nowadays, these coins are particularly popular amongst collectors and are constantly sought after. Something interesting about the 1907 Barber Dime is that it was produced in four different varieties, each with their own appeal and value.
For collectors, no matter what variety of 1907 Barber Dime you acquire, it goes without saying that you desire a coin that is in excellent condition. Because these coins were produced about a century ago, not many have survived the years in great shape, which is why collectors are willing to pay top-dollar for a Dime that has been well-preserved.
Grading the 1907 Barber Dime
Coins that are as old as the 1907 Barber Dime are always having their condition analyzed. The reason is due to the fact that collectors will only want to purchase the coins that have been well-preserved. By closely analyzing the condition a coin is in, you are really giving the coin a grade of sorts.
Typically, grading is performed by a professional company that utilizes expert opinion, but by using the specifications below you can gain a better idea as to what qualities a coin of a specific grade will possess.
Uncirculated: An Uncirculated Barber Dime will have no signs of wear because the coin itself was never circulated. With all of its texture, coins of this grade will feel as though they were just minted. Adding to the appeal, the piece will have retained all of its original luster.
Extremely Fine: An Extremely Fine Barber Dime is one that was in circulation for a period of time, but not a very long one. This type of coin will show some wear and some small scratches, but for the most part will be in pretty good condition. Even some of the mint’s original luster will be preserved on pieces receiving this grade.
Fine: Fine is a grade given to coins that show ample signs of wear, but not so much that it takes away from the coin’s overall appeal. The coin will have none of its original shine left and will be home to some smoothing. At the end of the day, all of the imagery and inscriptions will be able to be made out without too much trouble at all.
Good: A coin that is graded to be Good is one that saw heavy circulation. These coins will show the most wear and, in some cases, will be very beaten up. Heavy scratching, chipping, and bending are all associated with this grade. Despite its poor condition, Good 1907 Barber Dimes are still a prize to a good amount of collectors.
Pricing the 1907 Barber Dime
For coins as old as the Barber Dime, pricing the piece becomes as important as giving it its grade. Beyond that, collectors are concerned about what type of Dime it is. Seeing as four different types were minted in 1907, each coin will first be judged on type, then condition. To better understand the pricing scheme of this year’s Dime, refer to the chart below.
Barber Dimes
| DATE | GOOD | FINE | EXTREMELY FINE | UNCIRCULATED |
|---|---|---|---|---|
| 1907 Barber Dime | $4 | $6 | $25 | $75 |
| 1907 Barber Dime (D) | $4 | $10 | $45 | $110 |
| 1907 Barber Dime (O) | $4 | $30 | $70 | $110 |
| 1907 Barber Dime (S) | $4 | $15 | $75 | $150 | Source: Red Book |
All Market Updates are provided as a third party analysis and do not necessarily reflect the explicit views of JM Bullion Inc. and should not be construed as financial advice.
