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1854 Arrows

Half Dollars · Seated Liberty Half Dollars · 1839–1891
Regular
Weight12.44 g
Diameter30.6 mm
MintPhiladelphia
StrikeCirculation strike
Mintage 2,982,000
EdgeReeded
Alignment↑↓ Coin
Composition90% Silver, 10% Copper
DesignerChristian Gobrecht
Collector's Key IDCK-3859

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About this coinHistory

The 1854 half dollar opens the Arrows-Without-Rays subtype, the corrective design the Mint settled on after one year of the busier Arrows and Rays format. Congress had cut the half dollar's weight from 206.25 grains to 192 grains in February 1853 (12.44 grams, the figure on the info card), and arrows flanking the date were the visual signal that a coin met the new lighter standard. Rays radiating around the eagle joined the arrows in 1853 to drive the point home, but the rays chewed through dies and slowed production, so the Mint dropped them at year-end. Arrows alone carried the weight notation through 1854 and 1855, after which the design returned to its plain Seated form. The 1854 Philadelphia issue, at a reported 2,982,000 pieces, is the workhorse date of this two-year subtype.

Strike quality on the 1854 Philadelphia runs noticeably better than on the 1853 Arrows and Rays counterpart, and the reason is plain: removing the rays simplified the reverse die and reduced the metal flow obstacles that had caused early die failures. Wiley-Bugert reference dies show clean foot support, full drapery, and limited cracking on this date, with one cataloged reverse die carrying a heavy cud connecting UNITE to the rim. The authentication diagnostic for the subtype is straightforward: arrows on either side of the date with a plain field around the eagle (no rays) place the coin in the Type 3 No Motto Arrows window, which only covers 1854 and 1855. Grade distribution skews to circulated pieces, with VF through AU forming the bulk of certified examples on PCGS and NGC census reports. Mint State coins are available through MS64, with MS65 and finer thinning quickly; original luster on a date this heavily produced is the constraint, not strike.

In today's market the 1854 functions as the standard type representative for the Arrows-Without-Rays slot. Problem-free circulated coins trade through specialist dealers at predictable levels, and a choice XF or AU stays within reach for type-set builders. Mint State examples through MS63 are plentiful enough that buyers should hold out for original surfaces and unbroken luster rather than settle for dipped pieces. The 1854-O serves the same role from New Orleans, while 1855 and 1855-O close out the subtype. For the full arc of weight changes, die experiments, and motto additions that shaped this series, see the Seated Liberty Half Dollar series history.

Price guideReference

Reference data only — not an appraisal.

GradeDescriptionLowHigh
G-4 Good (G) $54 $62
VG-8 Very Good (VG) $74 $86
F-12 Fine (F) $94 $109
VF-20 Very Fine (VF) $155 $179
EF-40 Extremely Fine (EF) $220 $250
AU-50 About Uncirculated (AU) $300 $345
MS-60 Uncirculated (MS) $505 $585
MS-63 Choice Uncirculated (MS) $1,615 $1,710
Frequently Asked QuestionsFAQ
How much is a 1854 Arrows Seated Liberty Half Dollar worth?
In Good condition it runs about $54–$62, rising to roughly $505–$585 in Uncirculated. These are reference values, not an appraisal.
How many 1854 Arrows Seated Liberty Half Dollars were minted?
2,982,000 were struck.
What is a 1854 Arrows Seated Liberty Half Dollar made of?
90% Silver, 10% Copper, weighing 12.44 g.
What is the melt value of a 1854 Arrows Seated Liberty 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 1854 Arrows Seated Liberty Half Dollar a key date?
It's a more common date overall, though scarcer die varieties may carry a premium — see the varieties list.