Coin Specifications

Category: Seated Liberty Half Dollars (1839-1891)
Mint: Philadelphia
Mintage: 4,225,700
Obverse Designer: Christian Gobrecht
Reverse Designer: Christian Gobrecht
Composition: Silver
Fineness: 0.9000
Weight: 12.4400g
ASW: 0.3599oz
Melt Value: $8.37 (9/25/2020)
Diameter: 30.6mm
Edge: Reeded
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1858 50C MS obverse 1858 50C MS reverse
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Description & Analysis

The year 1858 witnessed a surge in the production of fractional silver coins across all denominations. This may be explained in part by Mint Director Snowden's policy of paying out silver coins in exchange for deposits of silver bullion. The law stated that they were to be exchanged only for gold coins to avoid a redundancy, but this is exactly what happened. The fractional silver, with its limited legal tender status, became a nuisance to merchants. Often refused by banks when presented in large numbers, the holders of these coins had to sell them at a discount to brokers and simply absorb the loss. The huge production figures for 1858 brought this problem to the forefront. Snowden was reminded of the law in no uncertain terms, and mintages dropped the following year.

An extremely common coin across all grades short of Mint State, the 1858(P) half dollar graces many a collector's type set. Wiley and Bugert have cataloged an amazing 42 die marriages, and these were the product of 39 obverse dies and 37 reverses.

Two different hubs were employed in the creation of the reverse dies. The first is that seen on 1842-57 halves. The overall relief is high, and letter L in HALF has a short base. The second debuted this year and continued until 1866. It is in noticeably lower relief, and the L in HALF has a longer base. The latter is scarce but not truly rare. Two reed counts are known, these being either 145 or 146, respectively.

This issue is extremely rich in both RPD and MPD varieties---too many, in fact, to list here. Please refer to the VarietyPlus website for more detailed information. Also found there is a pleasing DDO variety (VP-001, WB-102).

GRADE SUMMARY

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Price Guide

Last Updated: 4/24/2020

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

1858 50C MS
  GVGFVFXF505355586061626364656667686970
Base $ 55.00 65.00 82.00 110 205 260 290 350 450 550 625 815 1300 1700 5000 12400 25500 - - -
$ - - - - 475 - - - - - - - - -

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: 707
Low Grade: PrAg
Average Grade: 53
High Grade: 67

The chart showing PrAg series, 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, 66 series, 67 series.
NGC CENSUS DETAIL Last Updated: 9/22/2020 1858 50C MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base35596142894969881044425738281211---707
---------------1-1----2
-----------------------
-----------------------
Total35596142894969881044425738291221---709
 0%1%1%1%9%6%13%7%10%12%15%1%6%8%5%4%2%0%0%--- 

NGC Registry

NGC Registry Score 1858 50C MS
 PrAgGVGFVF4045505355586061626364656667686970
Base163220255311395631695745802908106612061303152119692268381756387487137642189826588
18223227433947465271276483796111131238137616702069278444246254957916475234610
0000007127648379611113123813761670206927844424625495791647500
000000728783873101311591271144818202168330150316871116721918700
Registry Image Gallery
Grade: MS 63
Points: 1969
Owner: Whidbey Island Collection
 
Grade: AU 58
Points: 1066
Owner: Coin123456789
 
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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.