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The Seated Liberty design was first seen
on the silver
dollar in 1836, joined soon thereafter on all other silver
coinage. The half dollar was the last denomination to bear the
design, starting in late 1839.
The Seated Liberty look was sculpted by Mint Engraver Christian
Gobrecht, featuring the figure of Lady Liberty seated upon a rock,
holding a shield with her right hand, as a sign of national
readiness. In her left, she grasped a pole topped off by a liberty
cap. In an era when much of the world was subjected to tyranny,
this was a sign that most Americans lived in freedom.
Seated Liberty coinage remained in active production for many years,
during which time the United States matured from a post-colonial
mentality to a mighty nation spanning from coast to coast, even while
enduring a horrific
civil war in the 1860's. The final Seated Liberty coins were
minted in 1891.
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| Seated Liberty Half Dollar
Specifications |
| Diameter: |
Weight: |
Minted: |
Composition: |
Designer |
Edge: |
| 30.6 mm |
13.36 g |
1839-1853 |
.100 Cu .900 Ag |
Christian Gobrecht |
Reeded |
| 30.6 mm |
12.44 g |
1853-1873 |
.100 Cu .900 Ag |
Christian Gobrecht |
Reeded |
| 30.6 mm |
12.50 g |
1873-1891 |
.100 Cu .900 Ag |
Christian Gobrecht |
Reeded |
| Coin Photos courtesy of Ira & Larry
Goldberg Coins & Collectibles, Inc., Beverly Hills, CA |
While This Coin Was Minted...
A view of the Coining Room at the Philadelphia Mint in
1861. A passageway in the middle of the room is separated from
the machines on both sides by a neat iron fence. Visitors can see
every thing from this passageway. There are eight presses, all
turned by a steam engine at the further end of the room. These
machines produced millions of Seated Liberty coins. This image
appeared in a feature article on coin making in the Dec 1861 edition of
Harpers Magazine.
Public domain image.
There are a few legendary rarities in the Seated
Liberty Half Dollar series. Fewer than five of the 1853-O No Arrow or Rays variety are known to
exist. One example came onto the October 2006 marketplace in
VF-35 and sold for $368,000. A single example of the 1866 No
Motto half dollar was minted, and has a similar
history to the No Motto quarter and silver dollar. The 1878-S
is another virtually unobtainable Seated Liberty Half Dollar.
Uncirculated specimens can bring about $100,000. Finally, there
is the lone 1861-O "Proof" half dollar, a Civil War relic with a unique
history. We have the its story here.
One Seated Liberty Half Dollar has long held the fascination of
numismatists, but for different reasons. Strangely, Mint records
show that 5000 of the 1873-S No Arrows half dollars were coined, but no
examples are known. Their fate remains a mystery to this
very day.
For the Seated Half Dollar collector searching for affordable key dates
of exceptional potential, there are some options to consider:
We could have listed perhaps a few more worthy
dates (all of the Carson
City dates are tempting), but we settled on these because of their
superior records of value increases. Not many half dollars
were minted at Philadelphia from 1878 to 1890, because the law
requiring vast numbers of Morgan
Silver Dollars diverted much of the Mint's resources away
from smaller silver coin production. All of them are rare and
evoke passion from collectors.
Key date Seated Liberty Half Dollars are offered for sale below, via
links to eBay U.S. coin auctions. The left hand side of each
"Sales Box" is value trend data over a very long period of time for a
coin of that date in Good-4 condition. The percent annual
increase is computed for comparative purposes. The 1878-90
box brings up all half dollar auctions within this date range.
The date 1886 was chosen for the trend analysis as a representative
sample of the group. The coin pictured for sale in the right
hand side, if any, is not necessarily the same condition coin as that
represented in the value trend analysis on left hand side.
1870-CC
Seat Liberty Half
Condition: G-4 |
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1874-CC
Seat Liberty Half
Condition: G-4 |
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Value Trends
1950: $10.00
1980: $150
1995: $450
2003: $475
2010: $900
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Value Trends
1950: $7.00
1980: $45.00
1995: $250
2003: $400
2010: $500
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% Annual Increase Since
1950 =
7.79%
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% Annual Increase Since
1950 =
7.37%
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1878-90
Seat Liberty Half
Condition: G-4 |
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1886 Trends
1950: $2.75
1980: $90.00
1995: $275
2003: $275
2010: $450
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% Annual Increase Since
1950 =
8.87%
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