Coin Specifications

Category: Early Halves (1794-1839)
Mint: Philadelphia
Mintage: 750,500
Obverse Designer: John Reich
Reverse Designer: John Reich
Composition: Silver
Fineness: 0.8920
Weight: 13.4800g
ASW: 0.3866oz
Melt Value: $6.58 (9/24/2017)
Diameter: 32.5mm
Edge: Lettered
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1807 CAPPED 50C MS obverse 1807 CAPPED 50C MS reverse

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Description & Analysis

The mintage of this coin type is merely a reconstruction, as no one can be certain when the Draped Bust type ended and the Capped Bust Half Dollar began. It's likely that the number coined of the new type is lower than shown in popular guides, based on the survival ratio of the two coin types.

The new portrait of Liberty and perched eagle are the work of German-American engraver John Reich. He was hired as Second Engraver to Robert Scot, but his superior talent over the elder man became immediately apparent. These same devices were quickly adapted to other denominations, though they always seemed to be in better proportion on the half dollar.

Four obverse dies were paired with three reverses to create the four known die marriages. Three feature Large Stars, while O-113 is the sole entry having Small Stars. Varieties O-111 and O-112 share a common reverse on which numeral 5 in the value was first punched inverted and then corrected. This error has come to be known as 50 over 20, since the underlying numeral appears at first glance to be a 2. O-111 is also notable for a progressive die break from Liberty's chin to bust, the latest die state being the scarce and popular "Bearded Goddess" (O-111b).

Mint State coins are scarce for this issue, but several gems and near gems have been certified. The remaining pieces are found across a broad range of grades. Due to the fact that half dollars were often stored as backing for bank notes, lightly worn coins are found in greater number than for the smaller denominations.


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Price Guide

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Total Graded: 535
Low Grade: PrAg
Average Grade: 45
High Grade: 65

Upcoming Auctions

Auction Prices Realized

A random selection of coins is shown below.

Auction House
Sale / Lot
2/20/2005 NGC AU 50   Goldberg February 20-23, 2005 Pre-Long Beach Coin Auction, 28/Lot# 1193 $1,380.00
11/27/2006 NGC AU 53   David Lawrence Rare Coins Internet Auction # 115: The Eagle One Sale, 120/Lot# 4213 $2,300.00
10/14/2007 NGC VF 25   Teletrade Auction 2435, 2435/Lot# 1626 $532.00
1/5/2011 NGC AU 55   Heritage Auctions 2011 January Tampa FUN Signature & Platinum Night US Coin Auction Session(1), 1151/Lot# 3577 $1,955.00
1/3/2012 PCGS Genuine Genuine   Heritage Auctions 2012 January 4-8 US Coins & Platinum Night FUN Signature Auction- Orlando Session(10), 1166/Lot# 11080 $218.50
10/12/2014 PCGS XF 40   GreatCollections GreatCollections Coin Auctions 10/12/2014, 190/Lot# 223353 $1,750.00
12/19/2014 NGC   Stack's Bowers iAuction 3513, 6082/Lot# 22104 $258.50
7/9/2015 PCGS VF 30   Heritage Auctions 2015 July 9 - 12 Summer FUN US Coins Signature Auction - Orlando Summer FUN Session(2), 1222/Lot# 3924 $646.25
8/2/2017 NGC Details XF Details  Heritage Auctions 2017 August 2 - 6 ANA US Coins Signature Auction - Denver Session(6), 1258/Lot# 7519 $881.25

NGC Registry

NGC Registry Score 1807 CAPPED 50C MS
Registry Image Gallery
Grade: MS 65
Points: 15143
Owner: Heartland Collection
Grade: MS 63
Points: 6248
Owner: Heartland Collection
View the Registry Image Gallery

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