Price Guide for 1881 Half Dollar 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.

1881 Half Dollar (Regular Strike)
  • 3rd Party Price
    Circulated: $89.00 – $1,320.00
    Uncirculated: $460.00 – $24,150.00
  • eBay
    Circulated: $227.00 – $1,087.50
    Uncirculated: $157.50 – $1,381.00
  • PCGS Price Guide
    Circulated: $300.00 – $1,500.00
    Uncirculated: $1,600.00 – $30,000.00
1881 Half Dollar (Proof)
  • 3rd Party Price
    Circulated: $299.00 – $5,875.00
    Uncirculated: $4.20 – $17,308.00
  • eBay
    Circulated: $405.00 – $1,150.00
    Uncirculated: $661.99 – $3,150.00
  • PCGS Price Guide
    Circulated: $300.00 – $850.00
    Uncirculated: $900.00 – $40,000.00
1881 Half Dollar, PL (Regular Strike)
  • 3rd Party Price
    Uncirculated: $2,232.50 – $3,090.00
  • PCGS Price Guide
    Uncirculated: $3,000.00 – $4,500.00
1881 Half Dollar Closed Bud WB-102 (Regular Strike)
  • 3rd Party Price
    Circulated: $312.00 – $1,800.00
    Uncirculated: $1,086.88 – $15,600.00
1881 Half Dollar, CAM (Proof)
  • 3rd Party Price
    Circulated: $1,293.00 – $6,612.50
    Uncirculated: $517.00 – $15,600.00
  • eBay
    Uncirculated: $770.00 – $21,000.00
  • PCGS Price Guide
    Uncirculated: $1,100.00 – $20,000.00
1881 Half Dollar, DCAM (Proof)
  • 3rd Party Price
    Uncirculated: $2,875.00 – $10,575.00
  • PCGS Price Guide
    Uncirculated: $2,000.00 – $15,000.00

Design and Specifications of the 1881 Half Dollar

The 1881 Half Dollar is part of the Seated Liberty series, which was produced from 1839 to 1891. This design, featuring Lady Liberty seated on a rock, was a significant departure from earlier coin designs and represented a more artistic approach to American coinage. The year 1881 saw relatively low mintages for this denomination, making it an interesting year for collectors.

Weight 12.5 grams
Diameter 30.6 mm
Mint Marks P (Philadelphia, no mint mark), S (San Francisco)
Composition 90% silver, 10% copper
Obverse Design Seated Liberty, designed by Christian Gobrecht
Reverse Design Eagle with shield, designed by Christian Gobrecht

Rarity Factors and Value Drivers

The condition of 1881 Half Dollars significantly impacts their value. Due to their age and circulation, finding high-grade examples is challenging. Uncirculated specimens are particularly valuable, with those grading MS65 or higher commanding substantial premiums.

For Philadelphia issues, even circulated examples in VF or XF condition are highly sought after due to the extremely low mintage. San Francisco issues are more common but still valuable in higher grades.

Philadelphia, No Mint Mark

Mintage: 10,000

Rarity Scale: Rare

Circulation Status: Limited Circulation

Preservation Rarity: Extremely rare in grades MS65 and above

Varieties Errors: None significant reported

Market Demand: High, especially for well-preserved specimens

San Francisco, S

Mintage: 1,497,000

Rarity Scale: Scarce

Circulation Status: Moderate Circulation

Preservation Rarity: Rare in grades MS65 and above

Varieties Errors: None significant reported

Market Demand: Moderate to High, depending on condition

Strike quality is crucial for 1881 Half Dollars. Well-struck coins with full details on Liberty’s head and the eagle’s feathers are more desirable. Original luster adds significant value, especially for uncirculated coins.

Toning can also play a role in valuation. Coins with attractive, natural toning are often preferred by collectors over bright white examples. However, any signs of cleaning or harsh treatment can severely diminish a coin’s value, regardless of its grade.

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