1839 Capped Bust Half Dollars, Proof Values

The Greysheet Catalog (GSID) of the Capped Bust Half Dollars, Proof (1818–1839) series of Half Dollars in the U.S. Coins contains 2 distinct entries with CPG^® values between $105,000.00 and $264,000.00.

Bust half dollars, referring to all early half dollars made between 1794 and 1839, include various design types ranging from the Flowing Hair type, include the Draped Bust type, and wrap up with the Capped Bust design. Robert Scot is credited as the engraver for the Flowing Hair and Draped Bust types, while Gilbert Stuart is noted as the designer for the latter. John Reich designed the Capped Bust type.

The Capped Bust half dollar ran from 1807 through 1839, and there are at least two subtypes within this group: the larger-diameter lettered edge type that was struck from 1807 through 1836 and the smaller-diameter reeded-edge halves that were minted from 1836 through 1839. While Capped Bust halves are plentiful in the circulated grades for more issues, there are dozens of recognized minor and major varieties among the Capped Bust half dollars, thus meaning this series is a real challenge for enthusiasts to collect. One of the scarcest is the 1817 7 Over 4, which has just eight known specimens and has sold for $356,500 in a grade of AU50.