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Liberty Cap Half Cent Values (1793-1797)

How Much Is My Liberty Cap Half Cent Worth?

By , About.com Guide

liberty cap half cent
Image Courtesy of: Heritage Auction Galleries, Ha.com

This guide is intended to give you an idea of how much your Liberty Cap half cents minted between 1793 and 1797 are worth.  The table below offers average coin values based upon the condition of the coin.  Many of the coins from this period show evidence of wear on them due to being used in commerce for long time. These coins are considered "circulated." If the coin was never used, then it is classified as "uncirculated." The pictures below illustrate examples of each condition.  Most of these coins are very valuable even in well worn condition. Remember, you cannot increase a coin's value by cleaning it. In fact, cleaned coins are worth considerable less and coin dealers can spot a cleaned coin immediately.  Therefore, never clean your coins.

Introduction to Coin Values

There are many factors that go into determining the value of your coins. If a coin dealer runs out of 1797 Liberty Cap half cents, he cannot just call the mint and order more of them. This is because the mint does not make coins dated 1797 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 1797 half cent from the coin dealer, that is known as the "retail price" or "price."

Market Analysis

Most Liberty Cap half cents are very valuable even in well-worn condition. Therefore, many of them have been counterfeited over the years. The coin dealer may require that your coin has to be certified that it is authentic by a third party grading service before she makes you an offer to buy it.

Condition or Grade Examples

Liberty Cap - Head Facing Left (1793)

Liberty Cap - Head Facing Left (1793) Average Circulated Condition Circulated Liberty Cap - Head Facing Left (1793)  Average Uncirculated Condition Uncirculated


Liberty Cap - Large Head Right Facing (1794)

Liberty Cap - Large Head Right Facing (1794)  Half Cent Average Circulated Condition Circulated Liberty Cap - Large Head Right Facing (1794) Average Uncirculated Condition Uncirculated


Liberty Cap - Sm. Head Right Facing (1795-1797)

Liberty Cap - Sm. Head Right Facing (1795-1797) Average Circulated Condition Circulated Liberty Cap - Sm. Head Right Facing (1795-1797) Average Uncirculated Condition Uncirculated
Click on the photos above for a larger image.
Image Courtesy of: Heritage Auction Galleries, Ha.com

Mint Marks

All Liberty Cap half cents were produced in Philadelphia and do not have a mint mark.

Liberty Cap Half Cents Average Values

The following table lists the value (what you can expect a dealer to pay you) for your Liberty Cap half cents. The first column lists the date followed by the value of an average circulated coin and the average value for an uncirculated one. These are approximate values and the actual offer that you will receive from a particular dealer will vary depending on the actual grade of the coin and a number of other factors. Uncirculated coins that have some of their original red copper color will have a premium value well above what is listed here.

Date Avg. Circ. Avg. Unc.
Liberty Cap - Head Facing Left (1793)
1793 $4,100.00 $49,000.00
Liberty Cap - Large Head Right Facing (1794)
1794 $700.00 $15,000.00
Liberty Cap - Sm. Head Right Facing (1795-1797)
1795 Ltr. Edg. w/Pole $500.00 $11,000.00
1795 Ltr. Edg. Punct. Dt. $800.00 $16,000.00
1795 Pln. Edg. Punct. Dt. $700.00 $20,000.00
1795 Pln. Edg. No Pole $600.00 $11,000.00
1796 With Pole $18,000.00 -
1796 No Pole $37,000.00 -
1797 Lettered Edge $2,000.00 $55,000.00
1797 Plain Edge $600.00 $11,000.00
1797 Gripped Edge $23,000.00 -
1797 1 Abv. 1, Pln. Edg. $500.00 $14,000.00

- = Columns with a dash indicate that not enough data is available to give an estimated value.

These values have been compiled through my personal analysis of the coin market, referencing publications such as Numismatic News, Coin World, "The Official Blue Book; Handbook of U.S. Coins," The Coin Dealer Newsletter, published auction results and consulting with various coin dealers.

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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.

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