1828 Square 2, Small 8s, Small Letters

The 1828 Capped Bust Half Dollar with Square Base 2, Small 8s, and Small Letters reverse combines three features that together identify one of the scarcer variety groups of the year. The Square Base 2 shows the flat block-bottomed digit punch, the Small 8s appear visibly reduced compared to the Large 8 dies, and the Small Letters reverse uses a finer, more compact lettering style for UNITED STATES OF AMERICA around the eagle. Within the year's overall mintage of 3,075,200 half dollars, this configuration represents a specific subgroup that Al Overton cataloged through careful comparison of the obverse and reverse die pairings. Collectors seeking the complete 1828 representation treat the Small Letters reverse as a distinct target separate from the more common Large Letters dies.

John Reich's Capped Bust Half Dollar carried the established specifications through 1828, including 89.24 percent silver, a weight of 13.48 grams, a diameter of 32.5 millimeters, and the lettered edge inscription FIFTY CENTS OR HALF A DOLLAR. Authentication begins by confirming the Square Base 2 with its flat block foot, then verifying both 8s are smaller than those found on the Large 8 dies, and finally checking the reverse to confirm the Small Letters legend around the eagle. All three features must be present together on the same coin for proper Overton attribution, since the combination is what defines the variety rather than any single diagnostic. Heritage Auctions catalogers routinely photograph the date and reverse legend side by side with reference plates when offering examples of this variety.

Population data from Professional Coin Grading Service (PCGS) and Numismatic Guaranty Company (NGC) show this variety is less common than the Large Letters counterpart, with circulated examples appearing in the market periodically rather than consistently. Mint state survivors are genuinely scarce, and high-grade specimens at auction can attract spirited bidding from variety specialists. Collectors working through the 1828 Overton listings find this group essential for a complete year set and challenging enough to provide a meaningful pursuit. For more on the design history, Philadelphia Mint operations, and the broader run of this denomination, read the Capped Bust Half Dollar series history.