Price Guide for 1823 Half Dollar 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: $1.50 – $19,975.00Uncirculated: $1.85 – $94,000.00
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eBayCirculated: $44.97 – $1,737.00Uncirculated: $90.95 – $2,057.00
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PCGS Price GuideCirculated: $60.00 – $1,750.00Uncirculated: $2,000.00 – $75,000.00
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3rd Party PriceCirculated: $7.00 – $5,170.00Uncirculated: $2,185.00 – $51,750.00
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eBayCirculated: $130.00 – $2,821.00
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PCGS Price GuideCirculated: $100.00 – $7,500.00Uncirculated: $10,000.00 – $85,000.00
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3rd Party PriceCirculated: $3.00 – $7,500.00Uncirculated: $403.00 – $40,250.00
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eBayCirculated: $110.00 – $1,903.00
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PCGS Price GuideCirculated: $125.00 – $6,250.00Uncirculated: $6,500.00 – $50,000.00
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3rd Party PriceCirculated: $59.00 – $7,994.00Uncirculated: $2.40 – $12,075.00
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eBayCirculated: $81.00 – $6,950.00
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PCGS Price GuideCirculated: $80.00 – $10,000.00Uncirculated: $11,000.00 – $45,000.00
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3rd Party PriceCirculated: $2,860.00Uncirculated: $7,040.00 – $80,500.00
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PCGS Price GuideUncirculated: $100,000.00 – $110,000.00
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3rd Party PriceCirculated: $82.00 – $1,001.00Uncirculated: $1,320.00 – $11,750.00
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eBayCirculated: $129.95 – $695.00Uncirculated: $1,950.00
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PCGS Price GuideCirculated: $85.00 – $1,600.00Uncirculated: $1,800.00 – $10,500.00
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3rd Party PriceCirculated: $70.00 – $1,292.50Uncirculated: $368.00 – $1,175.00
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eBayCirculated: $63.88 – $320.00Uncirculated: $650.00
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PCGS Price GuideCirculated: $85.00 – $1,600.00Uncirculated: $1,800.00 – $5,250.00
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3rd Party PriceCirculated: $69.00 – $2,640.00Uncirculated: $990.00 – $5,760.00
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eBayCirculated: $110.00 – $725.00
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PCGS Price GuideCirculated: $65.00 – $1,600.00Uncirculated: $1,800.00 – $3,500.00
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3rd Party PriceCirculated: $84.00 – $1,320.00Uncirculated: $1,560.00 – $2,056.25
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eBayCirculated: $69.00 – $496.00
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PCGS Price GuideCirculated: $85.00 – $1,600.00Uncirculated: $1,800.00 – $3,500.00
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3rd Party PriceCirculated: $124.00 – $3,055.00Uncirculated: $504.00 – $3,100.00
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eBayCirculated: $120.00 – $899.99
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PCGS Price GuideCirculated: $85.00 – $1,600.00Uncirculated: $1,800.00 – $6,250.00
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3rd Party PriceCirculated: $100.00 – $1,651.00Uncirculated: $1,645.00 – $15,862.50
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eBayCirculated: $167.50 – $595.85
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PCGS Price GuideCirculated: $85.00 – $1,600.00Uncirculated: $1,800.00 – $30,000.00
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3rd Party PriceCirculated: $69.00 – $630.00Uncirculated: $3,172.50 – $102,000.00
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eBayCirculated: $212.50 – $234.50
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PCGS Price GuideCirculated: $85.00 – $1,600.00Uncirculated: $1,800.00 – $29,000.00
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3rd Party PriceCirculated: $99.00 – $2,232.50Uncirculated: $11,162.50
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eBayCirculated: $190.00
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PCGS Price GuideCirculated: $85.00 – $1,900.00Uncirculated: $2,150.00 – $5,500.00
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3rd Party PriceCirculated: $144.00 – $4,290.00
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eBayCirculated: $37.00 – $1,509.99
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PCGS Price GuideCirculated: $600.00 – $12,500.00Uncirculated: $12,500.00 – $25,000.00
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3rd Party PriceCirculated: $50.00 – $940.00Uncirculated: $2,880.00 – $16,450.00
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eBayCirculated: $120.38 – $230.00
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PCGS Price GuideCirculated: $85.00 – $1,600.00Uncirculated: $1,800.00 – $10,500.00
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3rd Party PriceCirculated: $76.00 – $1,440.00Uncirculated: $6,000.00 – $6,462.50
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eBayCirculated: $82.00 – $550.00
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PCGS Price GuideCirculated: $85.00 – $1,600.00Uncirculated: $1,800.00 – $12,500.00
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3rd Party PriceCirculated: $111.63 – $1,336.00Uncirculated: $1,140.00 – $70,500.00
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eBayCirculated: $93.00 – $500.00
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PCGS Price GuideCirculated: $85.00 – $1,600.00Uncirculated: $1,800.00 – $25,000.00
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3rd Party PriceCirculated: $65.00 – $1,057.50Uncirculated: $1,020.00 – $21,600.00
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eBayCirculated: $295.00 – $540.00
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PCGS Price GuideCirculated: $85.00 – $1,600.00Uncirculated: $1,800.00 – $13,500.00
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3rd Party PriceCirculated: $4,560.00 – $45,320.00
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PCGS Price GuideCirculated: $10,000.00 – $37,500.00
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3rd Party PriceCirculated: $180.00 – $7,637.50Uncirculated: $6,900.00 – $64,625.00
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eBayCirculated: $106.00 – $925.00
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PCGS Price GuideCirculated: $150.00 – $8,500.00Uncirculated: $9,500.00 – $75,000.00
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3rd Party PriceCirculated: $84.00 – $7,800.00Uncirculated: $3,120.00 – $36,425.00
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eBayCirculated: $67.69 – $1,175.00
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PCGS Price GuideCirculated: $125.00 – $5,250.00Uncirculated: $5,500.00 – $37,500.00
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3rd Party PriceCirculated: $104.00 – $8,470.00Uncirculated: $748.00
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eBayCirculated: $455.00 – $550.00
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PCGS Price GuideCirculated: $135.00 – $5,750.00Uncirculated: $6,000.00 – $11,000.00
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3rd Party PriceCirculated: $144.00 – $8,250.00Uncirculated: $4,440.00 – $35,250.00
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eBayCirculated: $459.00 – $910.00
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PCGS Price GuideCirculated: $125.00 – $8,500.00Uncirculated: $9,000.00 – $37,500.00
Design and Specifications of the 1823 Half Dollar
The 1823 Capped Bust Half Dollar is part of the Capped Bust series, which was minted from 1807 to 1839. This coin was produced during a period when the United States was expanding westward and experiencing economic growth. The Capped Bust design was created by German-born engraver John Reich, who was hired by the U.S. Mint to improve coin designs.
| Weight | 13.48 grams |
|---|---|
| Diameter | 32.5 mm |
| Mint Marks | No mint mark (Philadelphia) |
| Composition | 89.24% silver, 10.76% copper |
| Obverse Design | Capped Bust of Liberty facing left, designed by John Reich |
| Reverse Design | Heraldic Eagle with shield, designed by John Reich |
Rarity Factors and Value Drivers
The condition of an 1823 Half Dollar significantly impacts its value. Coins in higher grades (AU and above) are particularly desirable and command substantial premiums. The scarcity of high-grade specimens is due to the long circulation period and the lack of numismatic interest at the time of minting.
Key factors affecting condition include:
1. Strike quality: Well-struck coins with full details are more valuable.
2. Luster: Original mint luster is highly prized in uncirculated specimens.
3. Surface preservation: Fewer marks, scratches, and abrasions increase value.
4. Toning: Natural, attractive toning can enhance appeal and value.
Mintage: 1,694,200
Rarity Scale: Scarce
Circulation Status: Limited Circulation
Preservation Rarity: Very rare in grades MS65 and above
Varieties Errors: 1823 Broken 3, 1823 Patched 3
Market Demand: High, due to its scarcity and historical significance
The 1823 Half Dollar has some notable varieties that can significantly affect its value:
1. Broken 3 variety: This variety shows a break in the lower part of the 3 in the date. It’s scarcer and more valuable than the normal date.
2. Patched 3 variety: This variety shows evidence of the broken 3 being repaired. It’s also more valuable than the normal date.
Die state can also impact value, with early die state examples often commanding a premium. Additionally, the historical significance of the Capped Bust series and the general scarcity of early 19th-century U.S. coinage contribute to the strong demand for this issue among collectors and investors.
