Coin Specifications

Category: Capped Bust Reeded Edge Half Dollars (1836-1839)
Mint: Philadelphia
Obverse Designer: Christian Gobrecht
Reverse Designer: Christian Gobrecht
Composition: Silver
Fineness: 0.9000
Weight: 13.3600g
ASW: 0.3866oz
Melt Value: $9.31 (12/1/2020)
Diameter: 30mm
Edge: Reeded
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1839 SM LET CAPPED GR-1 50C MS obverse 1839 SM LET CAPPED GR-1 50C MS reverse
Images courtesy of Heritage Auctions (HA.com)
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Description & Analysis

Graham/Reiver-1 is a great rarity which saw the normal obverse paired with a Small Eagle/Small Letters reverse die which is similar but not identical to that of the later Seated Liberty Half Dollar. Though it would seem logical that this was the last variety coined, Graham placed it as his Number 1 for reasons that were not made completely clear in the book.

Only ten examples had been confirmed at the time his book was published, but the variety is still largely unknown to most collectors, and it's likely that more pieces will surface. Its inclusion and pricing in popular catalogs is a strong inducement to examine every 1839 Capped Bust Half carefully.

GRADE SUMMARY

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Price Guide

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NGC Price and Value Guides Disclaimer

Disclaimer: The prices listed in the various NGC Price and Value Guides are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. Prices provided are averages, not specific prices for individual coins. Further, because these prices are only updated from time to time, they do not reflect short term pricing trends, which are quite common and are often quite dramatic, given the volatile nature of the collectible coin marketplace. This is especially true for rare coins, where there are fewer sales and greater variations in sale prices. For all of these reasons, the prices in these guides are designed to serve merely as one of many measures and factors that coin buyers and sellers can use in determining coin values. These prices are not intended, and should not be relied upon, to replace the due diligence and — when appropriate — expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Guides. By using the NGC Guides, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the Guides.

Census

 
NGC GRADE SUMMARY

Total Graded: 2
Low Grade: 50
Average Grade: 53
High Grade: 55

The chart showing 50 series, 53 series, 55 series.
NGC CENSUS DETAIL Last Updated: 12/1/2020 1839 SM LET CAPPED 50C GR-1 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-------1-1------------2
-----------------------
-----------------------
-----------------------
Total-------1-1------------2
 -------50%-50%------------ 

NGC Registry

NGC Registry Score 1839 SM LET CAPPED 50C GR-1 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base602737811931129617381939217022992470334538223988448554416898127511349118994202882164623071
6477618511052144318052016221323562761350438774153480359268849129971532519425207402212124225
00000020162213235627613504387741534803592688491299715325194252074000
000000209322562413305336633932431951226412108001324417159198562119300
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NGC Auction Central Disclaimer

NGC Auction Central Disclaimer

Disclaimer: The auction prices realized listed in the NGC Auction Central are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. The auction data listed by NGC may occasionally contain typographical or input errors that can result in incorrect prices realized appearing on the NGC website. Therefore, the prices realized listed in NGC Auction Central are designed to serve merely as one of many measures and facts that coin buyers and sellers can use in determining coin values. These prices are not intended, and should not be relied upon, to replace the due diligence and – when appropriate – expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Auction Central. By using the NGC Auction Central, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the NGC Auction Central.