Liberty Cap Half Cent Prices (1793-1797)
How Much Should I Pay For a Liberty Cap Half Cent?
By James Bucki, About.com Guide
Image Courtesy of:
Heritage Auction Galleries, Ha.com
This guide is intended to give you an idea of how much you should pay to acquire a Liberty Cap Half Cent minted from 1793 to 1797 from a coin dealer or auction house. The catalog below provides average coin prices based upon the condition of the coin. If the coin has wear on it from being used in commerce, it considered "circulated." If it was never used, then it is classified as "uncirculated." The pictures below illustrate examples of each condition.
Introduction to Coin Prices
There are many factors that go into determining the price that a dealer charges for coins. An understanding of how the coin market works will help you. If the coin dealer Does not have an 1794 Liberty Cap half cent, he cannot just call the mint and order more of them because the mint does not make coins dated 1794 anymore. The coin dealer must replenish his supply by buying coins from other dealers or people off the street. What he pays you for that coin is known as the "wholesale price" or "value." If you want to buy that 1794 half cent from the coin dealer, that is known as the "retail price" or "price."
Condition or Grade Examples
Liberty Cap - Head Facing Left (1793)
Click on the photos above for a larger image.
Image Courtesy of: Heritage Auction Galleries, Ha.com
All Liberty Cap half cents were produced at the Philadelphia and do not have mint marks.
Liberty Cap Half Cent Average Prices
The following table lists the prices (what you can expect to pay a dealer or at auction) for you to obtain a Liberty Cap Half Cent. The first column lists the date followed by the price of an average circulated ("Avg Circ") coin and the average price for an uncirculated ("Avg Unc") one. These are approximate values and the actual price that a particular dealer charges will vary depending on the actual grade of the coin and a number of other factors. For some issues insufficient pricing data prohibited me from estimating an average price. This is indicated by a dash ("-") in that particular column. Uncirculated coins that have some or all of their original red copper color will sell for a premium price well above what is listed here.
|Date & Type||Avg Circ||Avg Unc|
|Liberty Cap - Head Facing Left (1793)|
|Liberty Cap - Large Head Right Facing (1794)|
|Liberty Cap - Sm. Head Right Facing (1795-1797)|
|1795 Ltr. Edg. w/Pole||$800.00||$17,000.00|
|1795 Ltr. Edg. Punct. Dt.||$1,200.00||$21,000.00|
|1795 Pln. Edg. Punct. Dt.||$1,000.00||$26,000.00|
|1795 Pln. Edg. No Pole||$900.00||$16,000.00|
|1796 With Pole||$27,000.00||-|
|1796 No Pole||$54,000.00||-|
|1797 Lettered Edge||$3,300.00||-|
|1797 Plain Edge||$900.00||$15,000.00|
|1797 Gripped Edge||$37,000.00||-|
|1797 1 Abv. 1, Pln. Edg.||$800.00||$17,000.00|
These prices have been compiled through my personal analysis of the coin market, referencing publications such as Numismatic News, Coin World, "The Official Red Book; A Guide Book of U.S. Coins," published auction results and consulting with various coin dealers.
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Read More About Liberty Cap Half Cents:
Read About How to Buy Coins
Read About How to Preserve and Protect Your Coins
Disclaimer: The information on this site and all subsequent communications are provided for discussion purposes only, and should not be misconstrued as investment advice. All information, including valuations, on this website has been compiled from reliable sources and every effort has been made to eliminate errors and questionable data. However, the possibility of an error in a work of this magnitude always exists. Additionally, further analysis, research and/or discoveries may challenge the beliefs presented in this article. The author and About.com will not be responsible for any losses that may occur in the purchase, sale, or other transaction of coins and other items because of the information that is contained on this website. Visitors who feel they may have discovered an error or inconsistency are asked to please contact the guide so that the situation may be investigated and/or corrected. Under no circumstances does this information contained on this website represent a recommendation to buy or sell coins, precious metals, exonumia or paper currency.