Capped Bust Half Dollar · Half Dollars

1837 Capped Bust Half Dollar

Circulation strike struck at the Philadelphia Mint · 3,629,820 made

Silver
Mintage
3,629,820
Metal
90% silver, 10% copper
Weight
13.36 g
Diameter
32.5 mm (lettered edge); 30 mm (reeded edge)

Original illustration. Tap to flip. Not a photograph of the actual coin.

Pure silver0.3866troy oz
Value band: Metal value

Face value · Metal value · Small premium · Collector premium · Significant rarity. We use bands because prices change daily.

What is an 1837 Capped Bust Half Dollar worth?

In worn condition it trades for about its silver content, 0.3866 troy ounces. Uncirculated coins with full luster or attractive toning sell for more.

What would make yours worth more:

  • Uncirculated condition with full original luster
  • A die variety or minting error

For market prices, check recent sold results for certified coins in the same grade.

Quick answers

Is the 1837 Capped Bust Half Dollar rare?
Not by date: 3.6 million were struck. A sharp uncirculated coin or a known variety is what makes one special.
Is the 1837 Capped Bust Half Dollar silver?
Yes. It's 90% silver, 10% copper and holds 0.3866 troy ounces of pure silver.
Where is the mint mark on an 1837 Capped Bust Half Dollar?
No mint mark. Struck in Philadelphia.
Which Philadelphia dates near 1837 are scarcer?
The 1836, Reeded Edge at 1,200, the 1839 at 1,392,976, the 1838 at 3,546,000. So the 1837 is on the scarcer side for those years.
How many 1837 Capped Bust Half Dollar coins were made?
3,629,820.
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What to check on your 1837

  • There's no mint mark on this one, so the date and condition are what matter.
  • Don't clean it. Cleaning leaves fine scratches and an unnatural shine that collectors avoid.
  • Old coins pick up damage over a long life. Look for holes, bends, scratches or signs of cleaning before you judge the grade, because a damaged coin sells for a fraction of a problem-free one.
  • Judge the grade under good light. Look at the curls near the ear, the clasp at the shoulder and the eagle's neck and wings.

Circulated examples are usually traded for their silver content. Pick out the best ones: original luster and attractive toning lift a coin above melt, while cleaned coins lose most of their collector value.

The story of the 1837

Output at Philadelphia slipped to 3,629,820 in 1837, from 6.5 million the year before. In 1838 the figure was 3.5 million.

No other mint struck it for circulation that year, so every 1837 you find is from Philadelphia.

Across Philadelphia's 33 Capped Bust Half Dollar issues, the hardest to find is the 1836, Reeded Edge with 1,200 made. The 1837 is one of the easier ones. Within the 1830s it's 6th smallest of 13, between the 1838 (3.5 million) and the 1830 (4.8 million).

Steam press and reeded edge (1836 to 1839)

In late 1836 the Mint used its new steam-powered press to strike a redesigned half dollar modified by Christian Gobrecht. It was smaller, at about 30 mm, with a reeded edge in place of the lettered one. Only 1,200 reeded edge halves are dated 1836. Lettered edge halves were also struck that year, including an error with 50 over 00 in the denomination.

The 1837 reverse reads 50 CENTS, while 1838 and 1839 read HALF DOL. The 1837 coins were the first struck to the new standard of 90 percent silver and 13.36 grams. New Orleans struck about 20 halves in 1838. They are among the rarest of all American silver coins. The 1838-O and 1839-O carry their mint mark on the obverse above the date, an unusual position. The Seated Liberty half replaced the design later in 1839.

Elsewhere in US coinage in 1837

The Act of January 18, 1837 standardized US silver coins at 90% silver and 10% copper, the alloy used until 1964. The Liberty Seated design appeared on the dime and half dime.

How to recognize it

John Reich's Liberty faces left in a cloth cap with a band inscribed LIBERTY, surrounded by stars with the date below. The reverse shows an eagle with a shield on its breast and the value 50 C. (later 50 CENTS and HALF DOL.). Coins to 1836 have a lettered edge; later coins are reeded and slightly smaller. Hundreds of die marriages make this a favorite series for variety specialists.

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Mintage chart

Capped Bust Half Dollar mintages, 1837 highlightedLog scale · hover or tap a bar · 1807–1839
101001,00010K100K1M

Specifications

SeriesCapped Bust Half Dollar (1807–1839)
Year1837
MintPhiladelphia Mint
Mint markNone
Strike typeCirculation strike
Mintage3,629,820
Face value50¢
Composition90% silver, 10% copper
Weight13.36 grams
Diameter32.5 mm (lettered edge); 30 mm (reeded edge)
EdgeLettered to 1836, then reeded
Silver content0.3866 troy oz (12.024 g)
DesignerJohn Reich; reeded-edge version by Christian Gobrecht
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Mintage: United States half dollar mintage figures (Wikipedia, CC BY-SA 4.0), compiled from US Mint records and the Guide Book of United States Coins. How we build these pages.