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1827 Square Base 2

Half Dollars · Capped Bust Half Dollars · 1807–1839
Regular
Weight13.48 g
Diameter32.5 mm
MintPhiladelphia
StrikeCirculation strike
Mintage 5,493,400 Combined mintage for all 1827 varieties
EdgeLettered (FIFTY CENTS OR HALF A DOLLAR)
Alignment↑↓ Coin
Composition89.24% Silver, 10.76% Copper
DesignerJohn Reich
Collector's Key IDCK-3756

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About this coinHistory

The 1827 Capped Bust Half Dollar with Square Base 2 in the date is the more common of the two principal die-punch styles used during a year that saw 5,493,400 half dollars produced at the Philadelphia Mint. Where the Curl Base style features a softly looped foot on the digit 2, the Square Base shows a flat, block-like bottom terminal that gives the numeral a more rigid appearance under magnification. This punch style was used on a larger proportion of working dies that year, leading to its abundance across surviving populations cataloged by Al Overton. The variety appears in numerous Overton numbers within the 1827 listings, with each individual die marriage carrying its own combination of obverse and reverse diagnostics.

Capped Bust Half Dollars from this period maintained the specifications established under John Reich's 1807 design, including 89.24 percent silver content, a weight of 13.48 grams, a diameter of 32.5 millimeters, and the edge inscription FIFTY CENTS OR HALF A DOLLAR applied before the striking operation. Authentication of a Square Base 2 example requires careful examination of the lower terminal of the 2 in the date, where the flat block foot should sit squarely on the baseline without the curved sweep of the Curl Base variety. Additional Overton diagnostics include die crack progression, the exact spacing between stars, and the position of the period following the denomination on the reverse. The lettered edge inscription should appear crisp on well-preserved examples, with the letters running counterclockwise when viewed with the obverse facing up.

Professional Coin Grading Service (PCGS) and Numismatic Guaranty Company (NGC) data show Square Base 2 examples appear regularly in the marketplace across all circulated grades, with mint state pieces appearing at major Heritage Auctions sales throughout each year. The variety is accessible to type collectors seeking a representative 1827 half dollar, while specialists hunting individual Overton marriages will encounter both common and scarce die pairings within the Square Base group. For background on the design origins, the early Philadelphia Mint operations, and how this issue connects to the broader run of bust coinage, read the Capped Bust Half Dollar series history.

Price guideReference

Reference data only — not an appraisal.

GradeDescriptionLowHigh
G-4 Good (G) $75 $86
VG-8 Very Good (VG) $82 $95
F-12 Fine (F) $95 $110
VF-20 Very Fine (VF) $109 $125
EF-40 Extremely Fine (EF) $157 $181
AU-50 About Uncirculated (AU) $340 $390
MS-60 Uncirculated (MS) $1,105 $1,275
MS-63 Choice Uncirculated (MS) $2,640 $2,795
Frequently Asked QuestionsFAQ
How much is a 1827 Square Base 2 Capped Bust Half Dollar worth?
In Good condition it runs about $75–$86, rising to roughly $1,105–$1,275 in Uncirculated. These are reference values, not an appraisal.
How many 1827 Square Base 2 Capped Bust Half Dollars were minted?
5,493,400 were struck (Combined mintage for all 1827 varieties).
What is a 1827 Square Base 2 Capped Bust Half Dollar made of?
89.24% Silver, 10.76% Copper, weighing 13.48 g.
What is the melt value of a 1827 Square Base 2 Capped Bust Half Dollar?
Its melt value is its metal content multiplied by the current spot price. See our melt calculator on the metals pages for a live figure.
Is the 1827 Square Base 2 Capped Bust Half Dollar a key date?
It's a more common date overall, though scarcer die varieties may carry a premium — see the varieties list.