The 1846 Seated Liberty half dime holds a special place in numismatic history due to its low mintage of only 27,000, making it a rare and highly coveted coin among collectors.
Its rarity is most pronounced in Mint State condition, with only a few examples known and none graded higher than MS-62.
The coin is considered the key date in the pre-Civil War Seated Liberty half dimes series and is highly sought after in all conditions.
The Seated Liberty half dime series was designed by Christian Gobrecht, and the 1846 version is notable for its particularly low mintage.
This coin was produced at the Philadelphia Mint during a year of significant historical events, including the Mexican-American War and the discovery of Neptune.
Despite the turmoil and scientific achievements of the time, only 27,000 pieces of this coin were struck, contributing to its status as one of the rarest and most desirable coins in the series.
The obverse of the 1846 Seated Liberty half dime features Liberty seated on a rock, holding a staff topped with a liberty cap. The reverse design displays a wreath encircling the denomination "HALF DIME" in the center. The coin has a reeded edge and was composed of 90% silver and 10% copper. Its simple yet elegant design by Christian Gobrecht is iconic in U.S. coinage.
As of October 2024, the value of a circulated 1846 Seated Liberty half dime ranges from $1,100 to $10,500, according to the NGC Price Guide. Uncirculated examples can command prices up to $36,000, reflecting their rarity and demand among collectors.
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