Coin Specifications

Category: Seated Liberty Half Dollars (1839-1891)
Mint: Philadelphia
Mintage: 2,887,400
Obverse Designer: Christian Gobrecht
Reverse Designer: Christian Gobrecht
Composition: Silver
Fineness: 0.9000
Weight: 12.4400g
ASW: 0.3599oz
Melt Value: $8.44 (10/28/2020)
Diameter: 30.6mm
Edge: Reeded
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1861 50C MS obverse 1861 50C MS reverse
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Description & Analysis

The minting of half dollars in Philadelphia finally rebounded in 1861, after modest production during the two preceding years. this issue is very common across all grades through MS-64. The great availability of MS and AU coins is due mostly to widespread hoarding of all silver and gold coins following the onset of America's Civil War this same year. The nation's banks suspended specie payments (gold and silver coin) by the end of that year, as the newly-issued USA and CSA paper currency was not redeemable on demand. It quickly depreciated, driving all precious metal coinage from circulation. Since unworn 1861(P) half dollars are found sharply struck from unworn dies, this issue is a favorite with collectors seeking a high grade type coin.

Some 24 die marriages had been identified by Wiley and Bugert, these comprised of 24 obverses and a like number of reverse dies. An amazing total of four different collars were revealed. These have reed counts of 143, 145, 152 or 153. This is the first year in which all of the reverse dies used were taken from the new hub of 1858 with its shallow relief and long base to letter L in HALF.

A minor repunched date (RPD) is the only variety known, a remarkable situation given the large number of dies needed for this production.

GRADE SUMMARY

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Price Guide

Last Updated: 6/21/2019

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

1861 50C MS
  GVGFVFXF505355586061626364656667686970
Base $ 50.00 60.00 75.00 75.00 145 290 320 430 510 600 735 900 1180 1780 4850 12750 31000 - - -
$ - - - - - - - 1030 1400 2650 6200 15600 - -

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: 529
Low Grade: G
Average Grade: 58
High Grade: 67

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, 66 series, 67 series.
NGC CENSUS DETAIL Last Updated: 10/27/2020 1861 50C MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-148341948292661796254064562243---529
---------------1-1----2
-----------------------
-----------------------
Total-148341948292661796254064572253---531
 -0%1%2%6%4%9%5%5%11%15%1%5%8%12%11%4%1%1%--- 

NGC Registry

NGC Registry Score 1861 50C MS
 PrAgGVGFVF4045505355586061626364656667686970
Base1135201230288539586745838974110312061321155820292699390264008058122291924823521
46157211249372555639776883101711371244140017152252310047356953944814569206720
00000063977688310171137124414001715225231004735695394481456900
000000692807929106011721283147918722476350155677505108391690800
Registry Image Gallery
Grade: MS 67
Points: 8058
Owner: Malibu Collector
 
Grade: MS 63
Points: 2029
Owner: ddr70
 
View the Registry Image Gallery

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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.