Coin Specifications

Category: Seated Liberty Half Dollars (1839-1891)
Mint: San Francisco
Mintage: 1,352,000
Obverse Designer: Christian Gobrecht
Reverse Designer: Christian Gobrecht
Composition: Silver
Fineness: 0.9000
Weight: 12.4400g
ASW: 0.3599oz
Melt Value: $8.89 (10/24/2020)
Diameter: 30.6mm
Edge: Reeded
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1862 S 50C MS obverse 1862 S 50C MS reverse
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Description & Analysis

Silver coins circulated freely in the West, where paper money was shunned, so the production of half dollars at the San Francisco Mint went on without interruption. This issue is common in most circulated grades, becoming only slightly scarce at the XF and AU levels. Many of the latter pieces are from the so-called Guatemala Hoard, which came onto the market during the 1950s. These coins were all harshly cleaned and will not receive numeric grades, so they are not represented in the NGC Census. Certifiably Mint State coins are rare, with gems being especially so.

The San Francisco Mint received six obverse dies for 1862 half dollars, five of which have been identified by Wiley and Bugert. Only two reverses were shipped, and these feature the Type 2 hub and Small S mintmark, both of which debuted on S-Mint halves this year. Since five reverse dies have been observed on 1862-S half dollars, three of these were holdovers that may or may not have been used previously. Some six die marriages have been identified in all---three having the Large S first seen in 1855, one with the Medium S of 1857 vintage and two of the new hub and Small S. Despite being new, the latter mintmark punch was broken at its top.

The only varieties of note are these mintmark sizes. The Large S is the most common and the only one collectible in Mint State, while the other two are available in circulated grades but are exceedingly rare unworn. Two different collars have been identified, these having either 139 or 140 reeds.

GRADE SUMMARY

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Price Guide

Last Updated: 6/25/2019

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

1862 S 50C MS
  GVGFVFXF505355586061626364656667686970
Base $ 52.00 85.00 80.00 120 250 385 420 625 1150 1270 1580 1850 2600 6350 18000 40000 - - - -

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: 146
Low Grade: PrAg
Average Grade: 45
High Grade: 65

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.
NGC CENSUS DETAIL Last Updated: 10/20/2020 1862 S 50C MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base4386291723671311-16651-----146
-----------------------
-----------------------
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Total4386291723671311-16651-----146
 3%2%5%4%20%12%16%4%5%9%8%-1%4%4%3%1%----- 

NGC Registry

NGC Registry Score 1862 S 50C MS
 PrAgGVGFVF4045505355586061626364656667686970
Base1175230255381793838933100511591321145016582352286042175656754311584185082981035670
5919323829751880887095710561213136415191889252133124697628588901389222275317630
0000008709571056121313641519188925213312469762858890138922227500
00000090198111081267140715892121269137655176691410237162002604300
Registry Image Gallery
Grade: AU 53
Points: 1005
Owner: 123cents
 
Grade: AU 53
Points: 1005
Owner: Terri J.
 
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.