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1803

Dimes · Draped Bust Dimes · 1796–1807
Key date
Weight2.7 g
Diameter19 mm
MintPhiladelphia
StrikeCirculation strike
Mintage 33,040
EdgeReeded
Alignment↑↓ Coin
Composition89.24% Silver, 10.76% Copper
DesignerRobert Scot
Collector's Key IDCK-1665

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About this coinHistory

The 1803 Draped Bust dime saw a modest production bump to 33,040 pieces, comparable to 1801 but still a tiny figure by any standard. The Philadelphia Mint continued operating with limited staff and hand-operated screw presses, producing dimes as bullion depositors authorized and as die supplies allowed. By 1803, the United States Mint had been operating for roughly a decade, and engraving and striking quality had improved noticeably from the earliest 1796 issues. Even so, weak strikes and adjustment marks, the parallel file lines applied to overweight planchets before striking to bring them to weight standard, remain a common production characteristic on 1803 dimes and should not necessarily be considered post-mint damage.

Robert Scot's draped Liberty obverse, based on Gilbert Stuart's portrait of Anne Willing Bingham, pairs with the Heraldic Eagle reverse showing the heraldic eagle with shield, arrows, olive branch, and E PLURIBUS UNUM banner. Specifications follow the series standard of 89.24% silver, 2.70 grams in weight, near 19 mm in diameter, and a reeded edge. Authentication starts with verified weight, since cast counterfeits commonly run light. Edge reeding must be uniform, and the John Reich (JR) die marriages cataloged in Davis-Logan provide essential references for confirming die pairings. Surface tooling and altered-date deceptions are the primary risks, so collectors should consult published plates and examine the date position against the bust carefully every single time.

Date collectors building Draped Bust dime sets actively pursue the 1803 because of its low mintage and relative scarcity. Heritage Auctions and Stack's Bowers regularly handle quality offerings, with Professional Coin Grading Service and Numismatic Guaranty Company certification standard at this price point. Adjustment marks from overweight planchets are a routine production feature of the period and do not affect the grade or value when verified by the major services. For more on early Mint production practices, see the Draped Bust Dime series history.

Price guideReference

Reference data only — not an appraisal.

GradeDescriptionLowHigh
G-4 Good (G) $875 $1,010
VG-8 Very Good (VG) $1,375 $1,585
F-12 Fine (F) $1,470 $1,695
VF-20 Very Fine (VF) $2,365 $2,730
EF-40 Extremely Fine (EF) $4,995 $5,765
AU-50 About Uncirculated (AU) $9,350 $10,790
MS-60 Uncirculated (MS) $60,225 $69,490
MS-63 Choice Uncirculated (MS) $89,975 $95,270
Frequently Asked QuestionsFAQ
How much is a 1803 Draped Bust Dime worth?
In Good condition it runs about $875–$1,010, rising to roughly $60,225–$69,490 in Uncirculated. These are reference values, not an appraisal.
How many 1803 Draped Bust Dimes were minted?
33,040 were struck.
What is a 1803 Draped Bust Dime made of?
89.24% Silver, 10.76% Copper, weighing 2.7 g.
What is the melt value of a 1803 Draped 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 1803 Draped Bust Dime a key date?
Yes — the 1803 Draped Bust Dime is considered a key date in the Draped Bust Dimes series and commands a strong premium.