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1803 Small 3

Half Dollars · Draped Bust Half Dollars · 1796–1807
Regular
Weight13.48 g
Diameter32.5 mm
MintPhiladelphia
StrikeCirculation strike
Mintage 188,234 Combined mintage for all 1803 varieties
EdgeLettered (FIFTY CENTS OR HALF A DOLLAR)
Alignment↑↓ Coin
Composition89.24% Silver, 10.76% Copper
DesignerRobert Scot
Collector's Key IDCK-3681

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About this coinHistory

The 1803 Small 3 is the less common of the two date-size punch varieties for the year, with the Large 3 carrying the majority share of the combined 188,234-piece mintage reported for 1803 Draped Bust half dollars. Distinguishing the Small 3 requires direct numeral comparison: the digit reads shorter and narrower than the Large 3 counterpart, with a slimmer upper loop and a less pronounced base, and the spacing relative to surrounding date digits is noticeably tighter under 5x magnification. The variety is identified on Heraldic Eagle reverse coinage carrying Robert Scot's design introduced in 1801, struck on planchets meeting the 1792 Coinage Act standard of 412.5 grains at .8924 fine silver and bearing the lettered edge FIFTY CENTS OR HALF A DOLLAR applied by Castaing machine before striking.

Strike characteristics on Small 3 dies follow the broader 1803 pattern: softness through Liberty's drapery folds, partial definition on upper obverse stars, and inconsistent shield-line detail on the Heraldic Eagle reverse. Adjustment marks, the file lines applied to overweight planchets to bring them onto the 13.48-gram weight tolerance before striking, appear regularly and are part of original Mint production rather than damage. The Small 3 typically draws a modest scarcity premium over the Large 3 in higher circulated and Mint State grades, although the spread is narrow compared with named overdate varieties such as the 1805 5/4. PCGS and NGC report Small 3 populations as a meaningful minority of total 1803 holdings, with the majority of survivors grading Very Good through Very Fine and Mint State examples representing a small fraction of certified pieces.

For variety-focused collectors building a complete Heraldic Eagle reverse run with date-size attributions, the 1803 Small 3 fills a recognized slot at moderate cost. Authentication via current PCGS or NGC encapsulation with the Small 3 attribution noted on the label is the working baseline, since raw coins frequently carry incorrect or absent variety identification. The lettered edge must remain intact and unaltered; reworked edges disqualify a coin regardless of other diagnostics. For the broader story of Robert Scot's design, the Small Eagle to Heraldic Eagle transition, and the series' production arc, see the Draped Bust Half Dollar series history.

Price guideReference

Reference data only — not an appraisal.

GradeDescriptionLowHigh
G-4 Good (G) $320 $370
VG-8 Very Good (VG) $415 $475
F-12 Fine (F) $530 $610
VF-20 Very Fine (VF) $890 $1,025
EF-40 Extremely Fine (EF) $2,375 $2,740
AU-50 About Uncirculated (AU) $3,670 $4,235
MS-60 Uncirculated (MS) $20,110 $23,205
MS-63 Choice Uncirculated (MS)
Frequently Asked QuestionsFAQ
How much is a 1803 Small 3 Draped Bust Half Dollar worth?
In Good condition it runs about $320–$370, rising to roughly $20,110–$23,205 in Uncirculated. These are reference values, not an appraisal.
How many 1803 Small 3 Draped Bust Half Dollars were minted?
188,234 were struck (Combined mintage for all 1803 varieties).
What is a 1803 Small 3 Draped Bust Half Dollar made of?
89.24% Silver, 10.76% Copper, weighing 13.48 g.
What is the melt value of a 1803 Small 3 Draped 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 1803 Small 3 Draped 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.