The 1829 Capped Bust half dollars have value as numismatic coins. Keep reading to learn more about these silver coins.
Specifications
Type: Capped Bust Half Dollar
Year: 1829
Face Value: $0.50
Composition: 89.24% silver, 10.76% copper
Silver Weight: .3866 oz.
Total Weight: 13.48 grams
Current Silver Bullion Value: $12.09
The US minted the 1829 half dollar with no mint mark. Each coin was minted in Philadelphia.
Three different varieties exist for this coin. There is the normal date variety, the 9 over 7 date variety, and the large letters variety. See the images below for reference.
Note: The large letter variety has much narrower spacing between the words "UNITED" and "STATES".
| Series | Location | Quantity Minted |
|---|---|---|
| 1829 | Philadelphia | 3,712,156 |
Value
This coin in circulated condition is worth a lot more than its weight in silver. But just for reference, the silver melt value for this coin is $12.09. This melt value is calculated from the current silver spot price of $31.26 per ounce.
The 1829 half dollar is worth around $75 in good condition. In very fine condition the value is around $140. In extremely fine condition the value is around $225. In uncirculated condition the price is around $1,150 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $1,850.
The 1829 half dollar with the 9 over 7 in the date is worth around $80 in good condition. In very fine condition the value is around $225. In extremely fine condition the value is around $425. In uncirculated condition the price is around $1,500 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $3,500.
The 1829 half dollar with the large letters is worth around $80 in good condition. In very fine condition the value is around $175. In extremely fine condition the value is around $300. In uncirculated condition the price is around $1,200 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $2,250.
Grading System
Good- The date and letters are readable. Liberty's bust is worn smooth with her outline distinct.
Very fine- Liberty's shoulder clasp is clear. Wear is shown on the highest point of Liberty's curls. The hair on Liberty's brow is distinguishable.
Extremely fine- Liberty's shoulder clasp and adjacent curl are fairly sharp. Liberty's brow and the hair above it are distinct. Liberty's curls are well defined.
MS 60 uncirculated- There are no signs of wear. The coin has luster, but there may be a few stains, abrasions, or surface marks.
MS 63 choice uncirculated- In the major focal areas there are some blemishes or contact marks. The coin's luster might not be as prominent.
Sources:
The Red Book