Coin Specifications

Category: Seated Liberty Half Dollars (1839-1891)
Mint: Philadelphia
Mintage: 2,359,600
Obverse Designer: Christian Gobrecht
Reverse Designer: Christian Gobrecht
Composition: Silver
Fineness: 0.9000
Weight: 12.5000g
ASW: 0.3617oz
Melt Value: $6.26 (10/16/2019)
Diameter: 30.6mm
Edge: Reeded
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1874 ARROWS 50C MS obverse 1874 ARROWS 50C MS reverse
Images Courtesy of Heritage Auctions (HA.com)
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Description & Analysis

The arrowheads at either side of the date were continued through 1874, though they really were unnecessary. The half dollars made 1853-72 were so close in weight to this issue that no one would have cared about the minute difference in bullion value.

The Philadelphia Mint's coinage of half dollars in 1874 was the highest since 1861, the last year that silver coins had circulated in most of the nation. The price of silver was falling, and it was expected that paper money was about to achieve value parity with silver coins. The moved proved to be a bit premature, as this balance did not go into effect until 1876. In the mean time, Americans mostly made do with fractional paper currency.

The 1874(P) half dollar is a common issue in all grades. Even Mint State survivors are more plentiful than in earlier years, with a pleasing number of choice and gem examples. These coins are highly sought as two-year-only type coins, keeping values higher than would be the case otherwise.

Wiley and Bugert identified eight obverse dies and seven reverses, for a total of nine die marriages. This will almost certainly go up with the publication of Bill Bugert's die registry book, still pending as this is written. Varieties for this date include one obverse die having Small Arrows (this is normal for proofs but rare for currency pieces) and another with Large over Small Arrows. The remainder all feature the common Large Arrows. 1874(P) half dollars are seen with either 145 or 154 reeds.

GRADE SUMMARY

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Price Guide

Last Updated: 6/28/2019

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

1874 ARROWS 50C MS
  GVGFVFXF505355586061626364656667686970
Base $ 45.00 70.00 81.00 140 305 420 470 520 715 940 1250 1500 2100 3650 16300 33500 70000 - - -
$ - - - 600 - - - 1650 - 6000 18000 - - -

NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 391
Low Grade: PrAg
Average Grade: 55
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: 10/8/2019 1874 ARROWS 50C MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base1854362031142246547203225511031---390
---------------1------1
-------------111------3
-----------------------
Total1854362031142246547203326531031---394
 0 %2 %1 %1 %9 %5 %8 %4 %6 %12 %14 %2 %5 %8 %7 %13 %3 %1 %0 %--- 
1874 ARROWS 50C MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970Total
Base------------1---------1
-----------------------
-----------------------
-----------------------
Total------------1---------1
 ------------100 %--------- 

Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
2/20/2005 PCGS MS 62   Goldberg February 20-23, 2005 Pre-Long Beach Coin Auction, 28/Lot# 1271 $1,437.50
4/28/2010 NGC MS 62   Heritage Auctions 2010 April-May Milwaukee, WI CSNS US Coin Auction #1139, 1139/Lot# 920 $862.50
5/31/2010 NGC MS 62   David Lawrence Rare Coins Monday - Internet Auction # 484, 490/Lot# 339 $1,115.50
8/2/2010 NGC VF 30   Teletrade Auction 2899, 2899/Lot# 1357 $126.50
6/5/2013 PCGS MS 62   Heritage Auctions 2013 June 5 - 9 US Coin Signature Auction - Long Beach Session(1), 1186/Lot# 3491 $1,410.00
9/7/2014 PCGS VG 8   GreatCollections GreatCollections Coin Auctions 09/07/2014, 191/Lot# 183557 $62.00
3/31/2015 PCGS AU 55   Stack's Bowers March 2015 Baltimore, 6065/Lot# 33161 $399.50
8/15/2018 PCGS F 15   Heritage Auctions Internet Coin Auction Session(1), 131834/Lot# 25378 $61.00


NGC Registry

NGC Registry Score 1874 50C MS ARROWS
 PrAgGVGFVF4045505355586061626364656667686970
Base14716323714637748201051111713031450168318862197272734676437884213855219243500641587
1521882371555677898971073117913521528175119902374297444577239105131654526285372000
000000897107311791352152817511990237429744457723910513165452628500
000000974109512411401160518182093255032205447804012184192343064500
Registry Image Gallery
Grade: AU 55
Points: 1303
Owner: 123cents
 
Grade: AU 53
Points: 1117
Owner: El Zorro
 
View the Registry Image Gallery

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