1812-P (Philadelphia) Capped Bust Lettered Edge Half Dollars

Coin / United States of America / 1812 / Philadelphia / Capped Bust Lettered Edge Half Dollars / 50¢ (Fifty Cents)

The coin described is a Capped Bust Lettered Edge Half Dollar, issued in 1812 by the Philadelphia Mint. This particular coin represents a denomination of 50 cents (or half a dollar) and is composed of silver, a metal that adds significant value due to its intrinsic properties. The coin has a standard diameter of 32.5 mm and weighs approximately 13.48 grams. This piece is noteworthy for its lettered edge, a feature that enhances its aesthetic and historical significance. The total mintage for this series in 1812 reached 1,628,059 coins, which is relatively substantial, but the condition, rarity, and specific grading of any given example can greatly influence its market value. As part of the United States currency system, this coin not only serves as a collector's item but also stands as a testament to early American coinage. The Capped Bust design is a classic motif, featuring a profile of Liberty, which is emblematic of the era's artistry and craftsmanship. Its production type is a Mint Strike, indicating it was produced for circulation. In summary, this 1812 Capped Bust Lettered Edge Half Dollar is a valuable historical artifact, representing an important period in American numismatic history. Its silver composition, distinctive design, and status as a coin from the early 19th century contribute to its desirability among collectors.