Ten Cents

Notes: The 1894-S Barber dime is a dime produced in the United States Barber coinage. It is one of the rarest and most highly prized United States coins for collectors, along with the 1804 dollar and the 1913 Liberty Head nickel. One was sold in 2005 for 1.3 million dollars. Another was sold in 2007 for 1.9 million dollars. Only 24 were minted, and of those, only nine are known to survive; all nine (as was the entire mintage were proof coins; two) are heavily worn impaired proofs. In 1957, one of the latter was found in a junk coin box at Gimbels Department Store, and purchased for $2.40.

Designer: Charles E. Barber

Composition: 90% Silver - 10% Copper

History: The Barber coinage consisted of a dime, quarter, and half dollar designed by United States Bureau of the Mint Chief Engraver Charles E. Barber. They were minted between 1892 and 1916, though no half dollars were struck in the final year of the series.

By the late 1880s, there were increasing calls for the replacement of the Seated Liberty design, used since the 1830s on most denominations of silver coins. In 1891, Mint Director Edward O. Leech, having been authorized by Congress to approve coin redesigns, ordered a competition, seeking a new look for the silver coins. As only the winner would receive a cash prize, invited artists refused to participate and no entry from the general public proved suitable. Leech instructed Barber to prepare new designs for the dime, quarter, and half dollar, and after the chief engraver made changes to secure Leech's endorsement, they were approved by President Benjamin Harrison in November 1891. Striking of the new coins began the following January.

Public and artistic opinion of the new pieces was, and remains, mixed. In 1915, Mint officials began plans to replace them, after the design's minimum term expired in 1916. The Mint issued Barber dimes and quarters in 1916 to meet commercial demand, but before the end of the year, the Mercury dime, Standing Liberty quarter, and Walking Liberty half dollar had begun production. Most dates in the Barber coin series are not difficult to obtain, but the 1894 dime struck at the San Francisco Mint (1894-S), with a mintage of 24, is a great rarity.