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.
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.
| Specifications | |
|---|---|
| Size | 30 millimeters |
| Denomination | 0.5 USD |
| Gross Weight | 13.36 grams |
| Actual Silver Weight | 0.3866 troy ounces of silver |
| Fineness/Composition | 90% silver, 10% copper |
| Diameter | 30 millimeters |
| Thickness | 2.15 millimeters |
| Specific Gravity | 10.3–10.4 |
| Numismatic Price Range | $10000 - $632500 |
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.
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.
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.
Frequently Asked Questions
At Coinfully, we pride ourselves on transparency. Our appraisals are based on the current market value of your dimes, including their silver content (for pre-1965 dimes) and their 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.
Yes, we provide full insurance coverage for your shipment. Whether you’re sending Draped Bust dimes, Mercury dimes, or Roosevelt dimes, your coins are insured throughout the entire shipping process, ensuring that your valuable items are protected and safe.
We buy all types of U.S. dimes, including Draped Bust, Liberty Seated, Barber, Mercury, and Roosevelt dimes, and other collectible dimes. Whether your dimes are valuable for their silver content or their collectibility, we’re interested in making you a competitive offer.
There’s no obligation to sell your dimes 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.
View our key services
Get a Coin Appraisal
Think you’re onto something big with your coin collection? Let’s talk.
401 Hawthorne Ln, Ste 110-323 - Charlotte, NC 28204
Having issues with this submission form? You can send us pictures by email as well.