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1861

Half Dollars · Seated Liberty Half Dollars · 1839–1891
Regular
Weight12.44 g
Diameter30.6 mm
MintPhiladelphia
StrikeCirculation strike
Mintage 2,888,400
EdgeReeded
Alignment↑↓ Coin
Composition90% Silver, 10% Copper
DesignerChristian Gobrecht
Collector's Key IDCK-3889

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About this coinHistory

The 1861 half dollar was struck in the months bracketing the outbreak of the Civil War, and the year's 2,888,400 production total at Philadelphia ranks among the larger figures of the late No Motto era. Fort Sumter fell in April, and the Mint responded by pushing silver and gold coinage out the door at an accelerated pace through the spring and into early summer. By mid-1862, public confidence in paper currency had collapsed enough that silver and gold disappeared from daily commerce, hoarded for their intrinsic value. The 1861 half dollar therefore belongs to a narrow window, the last full year that a freshly struck No Motto half could be expected to enter ordinary circulation across the country before the doors of trade slammed shut on hard money.

Survival is broad across grades, and the date is among the easier No Motto issues to locate in mid-circulated condition. Strike quality on the Philadelphia coinage of this year tends to be sharp on the shield lines and the eagle's neck feathers, with the head of Liberty showing the usual softness on the upper hair strands when dies were late in their life. Authentication on circulated pieces rests on the standard 12.44-gram weight, 30.6-millimeter diameter, and reeded edge, though collectors should note that four distinct collar dies were used during 1861, producing reed counts of 143, 145, 152, or 153, all of which are legitimate. The Wiley-Bugert reference identifies twenty-four documented die marriages for the year, including verifiable repunched dates at WB-11 and WB-102 and doubled-die reverses at WB-13 and WB-16; these attributions require side-by-side comparison with published photo plates rather than a glance.

For collectors building a date set, the 1861 Philadelphia is a workhorse acquisition that rewards patience on eye appeal rather than the chase of rarity. For broader context on the design's evolution and the wartime suspensions that bracket this issue, 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) $465 $535
MS-63 Choice Uncirculated (MS) $1,245 $1,320
Frequently Asked QuestionsFAQ
How much is a 1861 Seated Liberty Half Dollar worth?
In Good condition it runs about $54–$62, rising to roughly $465–$535 in Uncirculated. These are reference values, not an appraisal.
How many 1861 Seated Liberty Half Dollars were minted?
2,888,400 were struck.
What is a 1861 Seated Liberty Half Dollar made of?
90% Silver, 10% Copper, weighing 12.44 g.
What is the melt value of a 1861 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 1861 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.