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: $8.70 (12/2/2020)
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: 6/26/2019

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

1874 ARROWS 50C MS
  GVGFVFXF505355586061626364656667686970
Base $ 45.00 70.00 80.00 135 285 440 470 550 750 940 1250 1500 2100 3650 16250 33500 70000 - - -
$ - - - 600 - - - 1650 - 6000 18000 - - -

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: 395
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: 12/1/2020 1874 ARROWS 50C MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base2864382031142344557203224521031---394
---------------1------1
-------------123------6
-----------------------
Total2864382031142344557203326561031---401
 0%2%1%1%9%5%8%3%6%11%14%2%5%8%6%14%2%1%0%--- 
1874 ARROWS 50C MS PL
 PrAgGVGFVF4045505355586061626364656667686970Total
Base------------1---------1
-----------------------
-----------------------
-----------------------
Total------------1---------1
 ------------100%--------- 

NGC Registry

NGC Registry Score 1874 ARROWS 50C MS
 PrAgGVGFVF4045505355586061626364656667686970
Base14716323714637748201051111713031450168318862197272734676437884213855219243500641587
15218823715556778989710731179135215281751199023742974445772391051316545262853720043666
000000897107311791352152817511990237429744457723910513165452628500
000000974109512411401160518182093255032205447804012184192343064500
Registry Image Gallery
Grade: AU 55
Points: 1303
Owner: 123cents
 
Grade: AU 55
Points: 1303
Owner: vpitman
 
View the Registry Image Gallery

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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.