The 1856 Seated Liberty half dollars have value as numismatic coins. Keep reading to learn more about these silver coins.
Specifications
Type: Seated Liberty Half Dollar
Year: 1856
Face Value: $0.50
Composition: 90% silver, 10% copper
Silver Weight: .3599 oz.
Total Weight: 12.44 grams
Current Silver Bullion Value: $11.27
The US minted the 1856 half dollar with no mint mark and also the 1856 O half dollar and 1856 S half dollar. The mint mark, when present, can be found on the reverse side of the coin below the eagle.
| Series | Location | Quantity Minted |
|---|---|---|
| 1856 | Philadelphia | 938,000 |
| 1856 O | New Orleans | 2,658,000 |
| 1856 S | San Francisco | 211,000 |
Value
This coin in circulated condition is worth at least its weight in silver. The silver melt value for this coin is $11.27. This melt value is calculated from the current silver spot price of $31.32 per ounce.
The 1856 half dollar with no mint mark is worth around $55 in good condition. In very fine condition the value is around $135. In extremely fine condition the value is around $200. In uncirculated condition the price is around $675 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $1,500.
The 1856 O half dollar is worth around $55 in good condition. In very fine condition the value is around $135. In extremely fine condition the value is around $200. In uncirculated condition the price is around $675 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $1,250.
The 1856 S half dollar is worth around $175 in good condition. In very fine condition the value is around $650. In extremely fine condition the value is around $1,350. In uncirculated condition the price is around $6,000 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $13,000.
A small number of proof coins with no mint mark were minted and they are each valued at around $8,500 in PR 63 condition.
Grading System
Good- The word "LIBERTY" on the shield is not readable. The letters and the date are readable.
Very fine- The word "LIBERTY" on the shield is mostly sharp.
Extremely fine- The word "LIBERTY" on the shield is completely sharp. The edges on the scroll are distinct.
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.
PR 63 proof- This coin has reflective surfaces and only a few blemishes away from the major focal points. There are no major flaws.
Sources:
The Red Book
See also: