Though the mintages of 1796 and 1797 were virtually the same, coins from the second year tend to be more prized by collectors. That’s because mint officials couldn’t quite make up their minds about how many stars to place on the coin’s obverse.
The confusion was caused when Tennessee was granted statehood midway through 1796; for the first run of 1797 coins, the number of stars on the dime was increased by one. But cooler heads quickly realized that this practice was not, as they say today, scalable, so the number of stars on the second batch of 1797 dimes was reduced to 13, the number of original U.S. states.
Another star anomaly occurred in 1804, when the number of stars on the coin’s reverse varied from 13 to 14. That combined with a low mintage of a little more than 8,000 coins makes 1804 dimes some of the rarest around.
Dime production halted in 1806 and again in 1808 before a new Capped Bust, designed by mint engraver John Reich was released in 1809. Based on the design Reich created for the half dollar in 1807, this new version of Liberty faced left instead of right and sported a cap with the word “LIBERTY” across its brim. In addition, "10C" was stamped on the bottom of the coin’s reverse, above which perched yet another version of a heraldic eagle.
As with the Draped Bust dimes, Capped Bust dimes were not always produced in consecutive years. Missing are coins from 1810, 1812-1813, and 1815-1819. Perhaps the most noteworthy Capped Bust dime is the one minted in 1820, in which the words “STATESOFAMERICA” run together as one. Even so, 1822 dimes are generally considered more valuable, thanks in no small part to the low mintage that year, which was less than a tenth of 1821’s.
The Capped Bust dime’s design was modified somewhat in 1828, mostly due to the introduction of new equipment and mechanical procedures at the mint. And the dime’s design was replaced entirely in 1837 by Christian Gobrecht’s Liberty Seated dime, which was minted until 1891.

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rare morgans dollar
1787 colonial coin M-19-g.4


