Price Guide for 1854 Half Dime Variants

This guide presents price ranges for variants from three sources: eBay sales, third-party auctions, and PCGS guides. Values are shown for various conditions, allowing collectors to compare across different market segments. Price estimates may vary between sources, especially for rarer variants.

1854 Half Dime Arrows (Regular Strike)
  • 3rd Party Price
    Circulated: $11.00 – $506.00
    Uncirculated: $1.75 – $20,700.00
  • eBay
    Circulated: $5.55 – $299.99
    Uncirculated: $83.00 – $1,599.99
  • PCGS Price Guide
    Circulated: $25.00 – $275.00
    Uncirculated: $300.00 – $18,500.00
1854-O Half Dime Arrows (Regular Strike)
  • 3rd Party Price
    Circulated: $1.60 – $440.63
    Uncirculated: $196.00 – $32,200.00
  • eBay
    Circulated: $15.50 – $199.99
    Uncirculated: $289.08 – $1,599.99
  • PCGS Price Guide
    Circulated: $30.00 – $550.00
    Uncirculated: $600.00 – $21,000.00
1854 Half Dime Arrows (Proof)
  • 3rd Party Price
    Circulated: $4,050.00
    Uncirculated: $4,250.00 – $38,500.00
  • eBay
    Circulated: $30.00
  • PCGS Price Guide
    Uncirculated: $7,500.00 – $27,500.00

Design and Specifications of the 1854 Half Dime

The 1854 Half Dime is part of the Seated Liberty series, which was minted from 1837 to 1873. This year is significant as it marks the last year of the ‘No Arrows’ variety before the weight reduction in 1853. The Half Dime played a crucial role in everyday commerce during this period, being the smallest silver denomination in circulation.

Weight 1.34 grams
Diameter 15.5 mm
Mint Marks New Orleans (O), Philadelphia (no mint mark)
Composition 90% silver, 10% copper
Obverse Design Seated Liberty, designed by Christian Gobrecht
Reverse Design Wreath of laurel leaves surrounding the words 'HALF DIME', designed by Christian Gobrecht

Rarity Factors and Value Drivers

The condition of 1854 Half Dimes significantly impacts their value. Due to their small size and extensive circulation, finding high-grade examples can be challenging. Coins in Mint State (MS) condition are particularly valuable, with premiums for those exhibiting strong strikes and minimal contact marks.

The New Orleans mint coins are generally more valuable in higher grades due to their lower mintage and typically weaker strikes. Coins with original luster and attractive toning can command significant premiums.

Philadelphia, No Mint Mark

Mintage: 5,740,000

Rarity Scale: Common

Circulation Status: Widely Circulated

Preservation Rarity: Scarce in grades MS65 and above

Varieties Errors: None significant

Market Demand: Moderate, higher for well-preserved specimens

New Orleans, O

Mintage: 1,560,000

Rarity Scale: Uncommon

Circulation Status: Moderate Circulation

Preservation Rarity: Rare in grades MS63 and above

Varieties Errors: None significant

Market Demand: High, especially for well-preserved examples

Strike quality is a crucial factor for 1854 Half Dimes. Well-struck examples with full details on Liberty’s head and hand, as well as sharp details on the wreath, are highly desirable. Die state can also affect value, with early die state coins often commanding premiums due to their sharper details.

For the New Orleans mint coins, the strength of the mint mark can impact value, with bold, clear mint marks being more desirable. Collectors also prize examples with original surfaces and natural toning, particularly those exhibiting attractive rainbow colors.

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