1861 United States 1/2 Dollar Value

The 1861 United States 1/2 Dollar carries a current retail range of about $11.91 to $129 across circulated and Mint State grades, and its metal content alone is worth $11.91 as of 2026-06-01 Certified examples in top grades can run far higher.

Public domain image (struck or printed before 1926). Click to enlarge.

Melt estimated at the US 0.900 silver standard.

1861 United States 1/2 Dollar value by grade

1861 United States 1/2 Dollar value by grade
GradeEstimated value
Melt value floor(metal content, 2026-06-01)$11.91
Good (G-4)$11.91 to $14.30
Very Good (VG-8)$11.91 to $14.72
Fine (F-12)$11.91 to $15.44
Very Fine (VF-20)$11.91 to $16.44
Extremely Fine (XF-40)$13.16 to $18.58
About Uncirculated (AU-50)$16.20 to $22.87
Mint State (MS-60)$22.28 to $31.45
Choice Unc (MS-63)$35.44 to $50.04
Gem Unc (MS-65)$91.14 to $129

Estimated retail range, updated 2026-06-13. Estimates are modeled from mintage rarity and metal content, not auction records. Actual sale prices vary with certification, eye appeal and market timing.

What is a 1861 United States 1/2 Dollar worth right now?

In worn but collectible condition (Good-4), a 1861 United States 1/2 Dollar starts around $11.91. From there, value climbs with every grade step: a gem Mint State example (MS-65) can reach $129. Most coins found in old collections fall somewhere between Very Fine and About Uncirculated, the middle rows of the table above.

1861 United States 1/2 Dollar specifications

Series
United States Coinage
Year
1861
Mint mark
None (Philadelphia)
Mintage
Not recorded
Composition
Silver
Weight
11.28 g
Diameter
30 mm
Silver content
0.32639 troy oz

No mint mark? Here is why

Look for a letter and you will not find one. The 1861 United States 1/2 Dollar is a Philadelphia product, and the main mint did not sign its work at this time.

Why the 1861 United States 1/2 Dollar is worth money

The 90% silver composition gives a 1861 United States 1/2 Dollar 0.3264 oz of precious metal ($11.91 at current spot). Bullion demand alone supports the bottom of its price range.

The 1861 United States 1/2 Dollar lacks precise production records, so its value rests on demonstrated rarity: how often examples surface at auction and how they compare to documented specimens.

Context adds the final layer to the 1861 United States 1/2 Dollar. Documented United States coin types preserved in museum collections, with measured specifications for each date, denomination and mint. Owning this date means owning a piece of that story, and demand for the series as a whole sustains liquidity for every issue in it.

1861 United States 1/2 Dollar inscriptions & design

Obverse

************* (date)

Liberty seated

Reverse

UNITED STATES OF AMERICA; HALF DOL.

eagle, shield on breast, holding branch and arrows

Measured 1861 United States 1/2 Dollar specimens

12 physically measured 1861 United States 1/2 Dollar examples in our reference database. Real measured weights and die axes let you authenticate a coin against the 11.28 g, 30 mm minting standard.

Measured 1861 United States 1/2 Dollar specimens
SpecimenWeightDiameterDie axisReferences
1861 United States 1/2 Dollar #111.969 g30 mm-Breen.8002
1861 United States 1/2 Dollar #212.466 g30 mm-Breen.8000.1
1861 United States 1/2 Dollar #311.28 g31 mm-Judd.278, Adams.Woodin.348, Pollock.327
1861 United States 1/2 Dollar #412.434 g30 mm6 hBreen.Encyclopedia.4904, Beistle.2c
1861 United States 1/2 Dollar #5---Breen.4902
1861 United States 1/2 Dollar #6-30 mm-Breen.8003
1861 United States 1/2 Dollar #7---Breen.4904
1861 United States 1/2 Dollar #8---Breen.4908
1861 United States 1/2 Dollar #9---Breen.4906
1861 United States 1/2 Dollar #1010.05 g28.5 mm--
1861 United States 1/2 Dollar #119.151 g33 mm6 hBreen.4902.t
1861 United States 1/2 Dollar #12-30 mm-Breen.8003

Specifications compiled from documented museum specimens. See our data & methodology page.

Summary: the 1861 United States 1/2 Dollar is valued between $11.91 and $129 as of 2026-06-13. Estimates combine mintage rarity, key-date status and metal content; they are editorial guidance, not an offer to buy.