Price Guide for 1802 Half Dime Variants
This guide presents price ranges for variants from three sources: eBay sales, third-party auctions, and PCGS guides. Values are shown for various conditions, allowing collectors to compare across different market segments. Price estimates may vary between sources, especially for rarer variants.
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3rd Party PriceCirculated: $472.50 – $456,000.00
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PCGS Price GuideCirculated: $80,000.00 – $550,000.00
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3rd Party PriceCirculated: $192,000.00
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PCGS Price GuideCirculated: $75,000.00 – $550,000.00
Design and Specifications of the 1802 Half Dime
The 1802 Half Dime is part of the Draped Bust, Small Eagle series, which was produced from 1796 to 1805. This coin is extremely rare and highly sought after by collectors due to its very low mintage and historical significance.
The year 1802 marks one of the lowest mintage years for early American coinage, making this half dime a key date in the series. Its rarity is further enhanced by the fact that many examples were likely melted or lost to time.
| Weight | 1.35 grams |
|---|---|
| Diameter | 16.5 mm |
| Mint Marks | None (Philadelphia only) |
| Composition | 89.24% silver, 10.76% copper |
| Obverse Design | Draped Bust design, featuring Liberty facing right, designed by Robert Scot |
| Reverse Design | Small Eagle design, with an eagle surrounded by a wreath, designed by Robert Scot |
Rarity Factors and Value Drivers
The condition of an 1802 Half Dime has a tremendous impact on its value. Due to its extreme rarity, even heavily circulated examples command high prices. Coins in Fine condition or better are exceptionally scarce.
Mint State examples are virtually non-existent, with only a handful known to exist. The presence of original mint luster and absence of significant contact marks can dramatically increase the value.
Toning can also play a role in desirability, with attractive, natural toning often enhancing the appeal to collectors.
Mintage: 3,060
Rarity Scale: Very Rare
Circulation Status: Limited Circulation
Preservation Rarity: Extremely rare in all grades, especially in Mint State condition
Varieties Errors: No significant varieties or errors known
Market Demand: High, due to extreme rarity and historical significance
Historical significance plays a major role in the value of the 1802 Half Dime. As one of the earliest coins minted by the United States, it represents a crucial period in American numismatic history.
The extreme rarity of this date means that any appearance at auction is a significant event, often drawing attention from serious collectors and investors.
Provenance can also greatly impact value. Coins with a documented history of ownership, especially those that have been part of famous collections, can command substantial premiums.
