Value of 1838 Reeded Edge Capped Bust Half Dollar

Value of 1838 Reeded Edge Capped Bust Half Dollar

Guidelines for Collecting: The year 1838 again saw a good number of Reeded Edge half dollars minted, and examples are readily obtainable today. For collectors wanting an example of the type with the denomination expressed as HALF DOL., both 1838 and 1839 are good choices, with 1838 slightly more available. Similar to 1837, strike quality varies, so collectors should be patient before adding coins to their collection. Areas to look out for include the obverse stars, Liberty’s hair and drapery, the eagle’s feathers and the dentils. Sixteen obverse and reverse die pairs are known, of which only one (GR-5) is particularly difficult to find. Again, only a few dedicated specialists collect by die varieties.
Availability: Like the 1837, circulated and Mint State pieces are easily obtainable, with the majority of pieces found today in the mid circulated grades. Uncirculated coins are scarcer, and in MS-65 or finer, the issue is considered somewhat rare. In high-grades, the 1838 is more difficult to come by than the 1837, but more obtainable than the 1839. All Proofs are exceedingly rare, and virtually unobtainable.

Capped Bust Half Dollars are typically a sought after coin. While they might not always bring a large premium, they are valuable to collectors. If you have one of these rare silver coins that you are interested in having appraised, please contact our rare coin experts today! We are always happy to tell you what your rare coin is worth, and make you an offer. We are the trusted coin buyers!