Coin Specifications

Category: Early Halves (1794-1839)
Mint: Philadelphia
Mintage: 23,464
Obverse Designer: Robert Scot
Reverse Designer: Robert Scot
Composition: Silver
Fineness: 0.8920
Weight: 13.4800g
ASW: 0.3866oz
Melt Value: $6.73 (5/27/2017)
Diameter: 32.5mm
Edge: Lettered
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1794 50C MS obverse 1794 50C MS reverse


  
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Description & Analysis

Though the U. S. Mint was up and running early in 1793 the coining of precious metals could not commence until the chief coiner and the assayer had posted their surety bonds of $10,000 each. This was such an enormous sum of money at the time as to preclude their compliance. When the bonds were cut in half by a revised law passed March 3, 1794 wealthy sponsors having an interest in the Mint's progress were found to post bonds on the officers' behalf. Silver dollars came first, followed by a delivery of 5,300 half dollars on October 15. Another 18,164 were delivered February 4, 1795 from dies dated 1794, and these two batches comprise the total mintage of 1794 half dollars.

The Mint was still learning how to harden its die steel, and premature failure of dies was a recurring problem. The 1794-dated production therefore required the use of at least six obverse and seven reverse dies presently known to numismatists. While none of the 11 resulting die marriages may be considered common, the standout rarities include Overton Numbers 108 through 111, each having no more than a dozen specimens known.

GRADE SUMMARY

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Price Guide

Last Updated: 9/11/2015

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

1794 50C MS
  GVGFVFXF505355586061626364656667686970
Base $ 5700 8750 12250 25500 39750 72500 80000 110000 227500 260000 300000 360000 500000 1000000 - - - - - -
$ - - - - - - - - - - - - - -

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Census

 
NGC GRADE SUMMARY

Total Graded: 338
Low Grade: PrAg
Average Grade: F
High Grade: 63


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
5/31/2004 NGC VF 35   Goldberg May 31 - June 2, 2004 Pre-Long Beach Coin and Currency Auction, 25/Lot# 705 $13,800.00
9/12/2005 PCGS G 6   Teletrade Auction 2091, 2091/Lot# 1621 $4,032.00
7/26/2012 NGC Details F Details  Stack's Bowers The August 2012 Philadelphia ANA World's Fair of Money Auction, 140/Lot# 9001 $4,916.25
9/7/2014 NGC   GreatCollections GreatCollections Coin Auctions 09/07/2014, 191/Lot# 218787 $3,275.00
10/12/2014 NGC   GreatCollections GreatCollections Coin Auctions 10/12/2014, 190/Lot# 218787 $3,275.00
1/29/2015 NGC VG 8   Heritage Auctions 2015 January 29 - February 1 Long Beach Expo US Coins Signature Auction - Long Beach Session(1), 1217/Lot# 3118 $5,876.18
8/10/2016 NGC Details VG Details  Heritage Auctions 2016 August 10 - 14 ANA US Coins Signature Auction - Anaheim Session(3), 1238/Lot# 4442 $4,714.10
8/10/2016 PCGS VF 25   Heritage Auctions 2016 August 10 - 14 ANA US Coins Signature Auction - Anaheim Session(2), 1238/Lot# 4067 $18,800.00


NGC Registry

NGC Registry Score 1794 50C MS
 PrAgGVGFVF4045505355586061626364656667686970
Base40484141494257137638882493071018811141128931494415962163531695818289193752068835014483026783196903110679
4079440851996354803389859600105051172513576152831609216554174011865119812254633944354811775211014950
00000096001050511725135761528316092165541740118651198122546339443548117752100
00000098941082312309142601562216222167561784519013202503023843872613218721200
1794 50C MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base42234319514459387917913496291053311509133021540016442168421746018819199282126935870493886922598718112681
4255459454086597832292999930108581210614001157471657517048179131918820375261364037656000790561033720
00000099301085812106140011574716575170481791319188203752613640376560007905600
000000102311118312704147001609416708172541836619558208223100344882626128888700
Registry Image Gallery

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