1838 Capped Bust Half Dollar
Strike Type
Coin Details
Value Estimates
Values as of May 2026 — estimates reflect typical grades (G-4 through MS-63). Coins in lower or exceptional grades may fall outside this range.
Auction Record
$48,469 MS67 08-02-2012 Heritage Auctions
Description
The 1838 Capped Bust Half Dollar, struck at the Philadelphia Mint, is part of the Capped Bust Half Dollars 1807-1839 collection. The U.S. Mint produced 3.5 million examples, making this the highest mintage among 3 variants, accounting for 100% of the year's production. The obverse features Liberty facing left wearing a mob cap or turban, designed by John Reich who worked as an indentured servant at the Mint and the reverse displays a heraldic eagle with shield on breast, olive branch and arrows in talons, with a banner reading E PLURIBUS UNUM within a motto scroll. The 1838-O Half Dollar, with only about 20 examples known, is one of the most famous U.S. coin rarities — the first half dollar struck at the New Orleans Mint. The Philadelphia Mint, America's oldest coin-making facility, has struck coins continuously since 1792. Estimated market value ranges from $105 to $3.5K depending on grade and condition. Struck in 90% silver, 10% copper, weighing 13.36 grams, 30 mm in diameter, with a reeded edge. Cataloged as PCGS #6177.
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