1838-O Capped Bust Half Dollar

The 1838-O Capped Bust half dollar is one of the most significant and rare coins in U.S. numismatic history.

Struck at the New Orleans Mint, it was the first half dollar produced outside the Philadelphia Mint, making it a landmark piece in early American coinage.

This coin is highly coveted by collectors due to its historical importance and limited mintage.

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Historical Context

This coin was minted in 1838 at the New Orleans Mint, the first branch Mint of the United States. It represents the final year of the Capped Bust half dollar series and features a reeded edge, a design change implemented to prevent clipping.

With only 20 known surviving specimens, it is considered one of the classic American rarities, frequently featured in prominent auctions and collections.

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Specifications:

Size: N/A
Denomination: 50 cents
Gross Weight: 13.48 grams
Actual Gold Weight: N/A (silver coin)
Fineness/Composition: 89.24% silver, 10.76% copper
Diameter: 30 millimeters
Thickness: N/A
Specific Gravity: N/A

Coin Description:

The obverse features Liberty wearing a Phrygian cap, a symbol of freedom, with the word "LIBERTY" inscribed on the headband. Thirteen stars representing the original colonies surround her, with the date "1838" below. The reverse shows an eagle with outstretched wings clutching arrows and an olive branch, with the inscription "UNITED STATES OF AMERICA" above and the denomination "HALF DOL." below. The "O" mintmark signifies the New Orleans Mint.

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Cultural and Numismatic Significance:

The 1838-O Capped Bust half dollar holds immense significance in both American history and numismatics. As the first half dollar minted at the New Orleans Mint, it reflects the nation's expanding coinage system. Its low survival rate and reeded edge design make it a prized piece for collectors. Frequently appearing in major auctions, the 1838-O half dollar is considered a key date in U.S. numismatics.

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Numismatic Value:

The value of the 1838-O Capped Bust half dollar depends largely on condition, with specimens commanding extremely high prices. In auctions, it has fetched as much as $632,500, cementing its status as one of the most valuable coins from the U.S. Mint.

Free Appraisal With No Obligation To Sell

Take the first step toward selling your silver coins by getting a free appraisal today. Our process is designed to be transparent, convenient, and stress-free, giving you the confidence to sell your coins when you’re ready.

At Coinfully, we’re committed to helping you get the most for your silver coins—all from the comfort of your home.

Frequently Asked Questions (FAQs)

How do I know I’m getting a fair price for my half dollars?

At Coinfully, we pride ourselves on transparency. Our appraisals are based on the current market value of your half dollars, including their silver content and numismatic value. We provide a detailed breakdown of how we determine your offer so that you can be fully informed and confident in the price you receive.

Is my shipment insured when I send my half dollars to Coinfully?

Yes, we provide full insurance coverage for your shipment. Whether you’re sending Flowing Hair half dollars, Walking Liberty half dollars, or Kennedy half dollars, your coins are insured throughout the entire shipping process, ensuring that your valuable items are protected and safe.

What types of half dollars does Coinfully buy?

We buy all types of U.S. half dollars, including Flowing Hair, Draped Bust, Capped Bust, Seated Liberty, Barber, Walking Liberty, Franklin, and Kennedy half dollars, and other collectible half dollars. Whether your half dollars are valuable for their silver content or their collectibility, we’re interested in making you a competitive offer.

What if I’m not ready to sell after receiving an appraisal?

There’s no obligation to sell your half dollars after receiving an appraisal from Coinfully. We provide a free, no-pressure appraisal service to help you understand the value of your coins. You can choose to sell when you’re ready, with no pressure from us.

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