Coin Specifications

Category: Seated Liberty Half Dollars (1839-1891)
Mint: Philadelphia
Mintage: 580,000
Obverse Designer: Christian Gobrecht
Reverse Designer: Christian Gobrecht
Composition: Silver
Fineness: 0.9000
Weight: 13.3600g
ASW: 0.3866oz
Melt Value: $6.34 (7/22/2019)
Diameter: 30.6mm
Edge: Reeded
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1848 50C MS obverse 1848 50C MS reverse
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Description & Analysis

The Philadelphia Mint coined only about the number of half dollars as in 1847, and this is issue is noticeably scarcer than 1847(P). It is not, however, the rarity it's often touted as. The number of Mint State survivors is lower than for the two preceding years, but there appear to be enough to meet the needs of very advanced collectors. The higher circulated grades are also somewhat elusive and command premiums over those for common dates. 1848(P) halves typically are well struck from dies that reveal little or no erosion.

The lack of die wear may be explained by the large number of die marriages known for this modest mintage. A total of 17 pairings have been identified, these produced with 12 obverse and nine reverse dies. Two reeding counts have been found---144 and 145.

Several repunched date (RPD) varieties are known. One of these was designated as 1848/47 by Wiley and Bugert, but the numeral remnants underlying the second 8 are all but impossible to see. Therefore, NGC labels this die as simply 4/4 (VP-002, WB-102), and its overdate status is questionable.

GRADE SUMMARY

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Price Guide

Last Updated: 6/20/2019

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

1848 50C MS
  GVGFVFXF505355586061626364656667686970
Base $ 50.00 70.00 115 210 425 560 700 845 940 1150 1390 2000 3000 3750 14500 - - - - -
$ - - - - 950 - - - - 7500 - - - -

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Census

 
NGC GRADE SUMMARY

Total Graded: 75
Low Grade: G
Average Grade: 58
High Grade: 65

The chart showing G series, VG series, F series, VF series, 40 series, 45 series, 50 series, 53 series, 55 series, 58 series, 60 series, 61 series, 62 series, 63 series, 64 series, 65 series.
NGC CENSUS DETAIL Last Updated: 7/16/2019 1848 50C MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-1312-9255162181181-----75
-----------------------
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Total-1312-9255162181181-----75
 -1 %4 %1 %3 %-12 %3 %7 %7 %21 %3 %1 %11 %15 %11 %1 %----- 

Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
11/17/1999 NGC MS 64   Teletrade Auction 1237, 1237/Lot# 1490 $1,566.00
5/31/2004 PCGS MS 61   Goldberg May 31 - June 2, 2004 Pre-Long Beach Coin and Currency Auction, 25/Lot# 727 $1,092.50
6/18/2007 NGC XF 45   David Lawrence Rare Coins Internet Auction # 151, 156/Lot# 6242 $374.90
2/27/2014 NGC AU 58   Heritage Auctions 2014 February 27 - 28 & March 2 Mid-Winter ANA US Coins Signature Auction - Atlanta Session(5), 1203/Lot# 7682 $763.75
6/4/2014 NGC AU 58   Heritage Auctions 2014 June 4 - 8 US Coins Signature Auction - Long Beach Session(6), 1206/Lot# 8288 $1,175.00
10/12/2014 PCGS   GreatCollections GreatCollections Coin Auctions 10/12/2014, 190/Lot# 147891 $1,700.00
3/31/2015 PCGS AU 55   Stack's Bowers March 2015 Baltimore, 6065/Lot# 33132 $616.88
2/27/2018 PCGS XF 45   Heritage Auctions Internet Coin Auction Session(1), 131810/Lot# 21554 $360.00


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