Coin Specifications

Category: Early Halves (1794-1839)
Mint: Philadelphia
Mintage: 3,546,000
Catalog: KM-65
Obverse Designer: Christian Gobrecht
Reverse Designer: Christian Gobrecht
Composition: Silver
Fineness: 0.9000
Weight: 13.3600g
ASW: 0.3866oz
Melt Value: $5.76 (8/1/2015)
Diameter: 30mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
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1838 50C MS obverse 1838 50C MS reverse

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Description & Analysis

While the coming of steam power to the Philadelphia mint doubtless explains the introduction of Christian Gobrecht's first Reeded Edge Half Dollar in 1836, numismatists are at a loss to explain why the designer changed the reverse of his coin in 1838. Breen (1988) speculates that the denomination was changed from 50 CENTS to HALF DOL for uniformity with the Quarter and Silver Dollar. The Philadelphia Mint produced 3.5 million Halves in 1838, the highest total for any issue of this brief two-year type.

Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.


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Price Guide

Last Updated: 3/12/2015

Click on a price to see historical prices, comparison charts and trends.

1838 50C MS
Base $ 68.00 83.00 100.00 150 250 425 465 625 975 1375 1800 3150 5850 20000 37500 110000 - - -
$ 275 - 500 675 1050 1525 2000 3850 6400 22500 42500 130000 -

The World Coin Price Guide is independently compiled by Krause Publications’ NumisMaster. NGC makes this information available to its website visitors as a free service, but in no way does the information provided represent NGC’s official opinion or policy. For example, varieties listed in the World Coin Price Guide may not necessarily be recognized by NGC. Please contact NGC Customer Service with any questions.

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Total Graded: 1089
Low Grade: G
Average Grade: 55
High Grade: 67

Upcoming Auctions

Auction Prices Realized

A random selection of coins is shown below.

Auction House
Sale / Lot
2/11/2001 PCGS XF 40   Teletrade Auction 1405, 1405/Lot# 1264 $109.00
6/26/2008 PCGS AU 50   Heritage Auctions 2008 June West Palm Beach, FL (Summer FUN) Signature Coin Auction #1110, 1110/Lot# 5878 $431.25
5/24/2009 NGC MS 64   Goldberg May 24-27, 2009 Pre-Long Beach Coin and Currency Auction, 53/Lot# 539 $3,910.00
9/5/2011 NGC AU 58   David Lawrence Rare Coins Monday - Internet Auction # 616, 623/Lot# 1147 $603.75
12/8/2011 PCGS XF 45   Heritage Auctions 2011 December 8-11 US Coins Signature Auction- New York Session(4), 1162/Lot# 8408 $253.00
3/25/2012 NGC Details XF Details  GreatCollections GreatCollections Coin Auctions 03/25/2012, 15/Lot# 42443 $91.30
2/24/2013 PCGS Genuine VF   GreatCollections GreatCollections Coin Auctions 02/24/2013, 63/Lot# 100598 $95.70
7/27/2013 PCGS MS 62   Stack's Bowers The August 2013 Chicago ANA World's Fair of Money , 192/Lot# 2161 $1,997.50
3/31/2015 PCGS   Stack's Bowers March 2015 Baltimore, 6065/Lot# 33125 $705.00

NGC Registry

NGC Registry Score 1838 50C MS
Registry Image Gallery
Grade: MS 67
Points: 12571
Owner: Heartland Collection
Grade: MS 62
Points: 3096
Owner: Half-collector
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Related Articles

From the NGC Archives: 1838 Capped Bust Half Dollar

9/20/2011  — In 1836, Christian Gobrecht updated John Reichs's vintage design of 1807 for use with the mint's new steam presses.
View full article >
USA Coin Album: The Coinage of 1837, Part Three

1/14/2010  — This month, David W. Lange continues recalling a pivotal year in the history of United States coinage, with part three in his series.
View full article >

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