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Capped Bust Half Dollar Value

1807–1839 · 50¢ · 89.24% silver, 10.76% copper

Value by Grade

GradeEst. Value
Poor (P-1)$50.00
Good (G-4)$80.00
Fine (F-12)$200.00
Uncirculated (MS-63)$800.00
Gem (MS-65)$2,400
Perfect (MS-70)$12,000

Key Dates & Rare Varieties

Date/VarietyWhy It's SpecialValue Range
1815/2Overdate — only 47,150 struck, key to the series$200–$10,000
1817/4Overdate variety, very scarce$2,000–$25,000
1836 Reeded EdgeFirst year of new edge style with only 1,200 struck$1,500–$20,000
1807First year of type — collector favorite$100–$3,000
1838-OFirst New Orleans Mint half dollar, only 20 known$10,000–$200,000

Coin Specifications

Designer
John Reich
Years
1807–1839
Denomination
50¢
Composition
89.24% silver, 10.76% copper
Diameter
32.5 mm
Weight
13.48 g

Quick Value

$200.00
Average circulated (Fine grade)

Capped Bust Half Dollar: History & Background

The Capped Bust Half Dollar was designed by German immigrant John Reich, who was hired as an assistant engraver at the US Mint. The obverse features Liberty wearing a mobcap or Phrygian cap with flowing hair, while the reverse shows a heraldic eagle. Two major subtypes exist: the Lettered Edge variety (1807–1836) and the Reeded Edge variety (1836–1839). The series is famous for its many die varieties, cataloged extensively in the Overton reference guide, making it a favorite among variety collectors. These coins circulated heavily as the primary large silver denomination of the early republic.

How to Grade a Capped Bust Half Dollar

Accurate grading is the single most important factor in determining a coin's value. A difference of just a few grade points can mean 10× or more in value. Examine the highest points of the design first — these are where wear appears earliest. For the finest grades, luster, strike quality, and surface preservation all matter. Professional grading by PCGS or NGC adds certainty and typically increases resale value. Read our complete grading guide →

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