United States of America 1831 N/A Capped Bust Lettered Edge Half Dollars 50¢

Coin / United States of America / 1831 / N/A / Capped Bust Lettered Edge Half Dollars / 50¢ (Fifty Cents)

The 1831 Capped Bust Lettered Edge Half Dollar is a notable silver coin, representing an intriguing part of United States numismatic history. Struck in 89.2% silver and 10.8% copper, this half dollar showcases the craftsmanship and artistry typical of the period, characterized by its iconic Capped Bust design. This coin has a diameter of 32.5 mm and is part of a mintage that reached 5,873,660 pieces, reflecting its relatively widespread issuance. However, due to various factors including attrition over the decades, surviving examples may vary significantly in rarity and condition. The lettered edge of the coin is a distinctive feature, intended both for aesthetic appeal and to deter counterfeiting. While there is no mint mark on this specific piece, the lack of a mint mark indicates that it was likely produced at the Philadelphia Mint, a common practice for coins of that era. In terms of its design, the obverse of the coin features a profile bust of Liberty, adorned with a classic cap, while the reverse displays an eagle with outstretched wings, intricately detailed to symbolize strength and freedom. As a coin issued in 1831, it holds historical significance, harking back to a time in American history when the nation was still in its early years of development. Today, the Capped Bust Lettered Edge Half Dollar appeals to both collectors and historians alike, as it encapsulates early American coinage artistry and reflects the economic conditions of the time. The current market value of an 1831 Capped Bust Half Dollar can vary widely based on its condition (grade), rarity, and collectors' demand, making it a fascinating item for numismatic enthusiasts and a valuable addition to any collection.