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1837

Dimes · Capped Bust Dimes · 1809–1837
Regular
Weight2.7 g
Diameter18.5 mm
MintPhiladelphia
StrikeCirculation strike
Mintage 359,500
EdgeReeded
Alignment↑↓ Coin
Composition89.24% Silver, 10.76% Copper
DesignerJohn Reich
Collector's Key IDCK-1723

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About this coinHistory

The 1837 Capped Bust dime closes a chapter in American coinage as the final issue of John Reich's portrait design on the denomination. After twenty-eight years of production that began in 1809, the Philadelphia Mint struck 359,500 dimes in this terminal year before retiring the type entirely. Two legislative and artistic shifts converged within the same calendar year. The Mint Act of January 18, 1837 reset the legal silver standard from .8924 fine to .900 fine, meaning the very last Capped Bust dimes were produced under the older alloy specification just before the higher-purity standard took effect. Later that same year, Christian Gobrecht's Seated Liberty composition debuted on the dime and pushed Reich's capped portrait permanently out of the working press. Collectors building a Capped Bust dime set therefore treat 1837 as a structural bookend rather than an ordinary date, because no later year exists to complete the run.

Authentication on a circulated 1837 begins with the weight standard. A genuine planchet should register 2.7 grams on a calibrated scale, and any meaningful deviation suggests either heavy wear with surface loss or, more concerning, a cast counterfeit using base metal. Cast fakes of early federal silver typically betray themselves through a grainy or pebbled texture in the protected areas around the stars and inside the wreath, where struck originals show smooth fields. The 18.5 millimeter diameter matches the small-type modification introduced earlier in the Reduced Size subgroup, and a slightly oversized or undersized example warrants immediate skepticism. Multiple John Reich die marriages are recorded for the year, identified by star placement, date spacing, and the relationship of the eagle's claws to the surrounding lettering. Because this issue sits at the seam between two design eras and two silver standards, third-party grading service attribution adds meaningful protection, particularly for examples claiming Mint State preservation, since survivors in uncirculated grades number in the low hundreds against a broader pool of perhaps a few thousand pieces in all conditions combined.

Strike quality across the run varies considerably, with central detail on the cap drapery and the eagle's breast feathers often softer than the rims would suggest. Collectors should expect moderate weakness rather than the crisp definition seen on some earlier dates in the series. For the broader arc of the design from inception through this closing year, see the Capped Bust Dime series history.

Price guideReference

Reference data only — not an appraisal.

GradeDescriptionLowHigh
G-4 Good (G) $35 $41
VG-8 Very Good (VG) $42 $49
F-12 Fine (F) $55 $64
VF-20 Very Fine (VF) $89 $103
EF-40 Extremely Fine (EF) $225 $260
AU-50 About Uncirculated (AU) $365 $420
MS-60 Uncirculated (MS) $810 $935
MS-63 Choice Uncirculated (MS) $1,995 $2,110
Frequently Asked QuestionsFAQ
How much is a 1837 Capped Bust Dime worth?
In Good condition it runs about $35–$41, rising to roughly $810–$935 in Uncirculated. These are reference values, not an appraisal.
How many 1837 Capped Bust Dimes were minted?
359,500 were struck.
What is a 1837 Capped Bust Dime made of?
89.24% Silver, 10.76% Copper, weighing 2.7 g.
What is the melt value of a 1837 Capped Bust Dime?
Its melt value is its metal content multiplied by the current spot price. See our melt calculator on the metals pages for a live figure.
Is the 1837 Capped Bust Dime a key date?
It's a more common date overall, though scarcer die varieties may carry a premium — see the varieties list.