1894 United States 1/2 Dollar Value
A 1894 United States 1/2 Dollar is worth roughly $9.64 to $104 depending on its condition. Its intrinsic melt value stands at $9.64 based on spot prices from 2026-06-01 Exceptional, certified pieces regularly exceed the top of that range.
Public domain image (struck or printed before 1926). Click to enlarge.
Melt estimated at the US 0.900 silver standard.
1894 United States 1/2 Dollar value by grade
| Grade | Estimated value |
|---|---|
| Melt value floor(metal content, 2026-06-01) | $9.64 |
| Good (G-4) | $9.64 to $11.57 |
| Very Good (VG-8) | $9.64 to $11.91 |
| Fine (F-12) | $9.64 to $12.49 |
| Very Fine (VF-20) | $9.64 to $13.30 |
| Extremely Fine (XF-40) | $10.65 to $15.04 |
| About Uncirculated (AU-50) | $13.11 to $18.51 |
| Mint State (MS-60) | $18.02 to $25.45 |
| Choice Unc (MS-63) | $28.67 to $40.48 |
| Gem Unc (MS-65) | $73.73 to $104 |
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.
How much is a 1894 United States 1/2 Dollar worth today?
Start with $9.64 for a heavily circulated 1894 United States 1/2 Dollar and work upward. Lightly circulated 1894 examples occupy the middle of the range, while true gems approach $104. If your coin has no wear on the high points, it deserves a closer look or a professional opinion.
1894 United States 1/2 Dollar specifications
- Series
- United States Coinage
- Year
- 1894
- Mint mark
- None (Philadelphia)
- Mintage
- Not recorded
- Composition
- Silver
- Weight
- 9.126 g
- Diameter
- 30 mm
- Silver content
- 0.26407 troy oz
Why this coin has no mint mark
The 1894 United States 1/2 Dollar was struck at the Philadelphia Mint, which used no mint mark in this era. If you find no letter where branch-mint coins carry one (check the usual position for this series), you are holding a Philadelphia issue.
What makes the 1894 United States 1/2 Dollar valuable
Documented examples of the 1894 United States 1/2 Dollar in our reference database anchor what we know about this issue. Mintage records are incomplete, so collector demand and surviving population drive its market.
Silver content matters for the 1894 United States 1/2 Dollar: 0.2641 oz per coin, valued at $9.64 right now. The melt floor moves daily with the metals market and sets the minimum any dealer will pay.
Documented United States coin types preserved in museum collections, with measured specifications for each date, denomination and mint. For the 1894 United States 1/2 Dollar, the enduring popularity of the series translates directly into buyers in every grade and every market cycle.
1894 United States 1/2 Dollar inscriptions & design
Obverse
****** IN GOD WE TRUST ******* (date)
Liberty head r.
Reverse
UNITED STATES OF AMERICA; HALF DOLLAR
heraldic eagle, motto on ribbon and stars above
Measured 1894 United States 1/2 Dollar specimens
5 physically measured 1894 United States 1/2 Dollar examples in our reference database. Real measured weights and die axes let you authenticate a coin against the 9.126 g, 30 mm minting standard.
| Specimen | Weight | Diameter | Die axis | References |
|---|---|---|---|---|
| 1894 United States 1/2 Dollar #1 | - | - | - | Breen.5051 |
| 1894 United States 1/2 Dollar #2 | - | - | - | Breen.5053 |
| 1894 United States 1/2 Dollar #3 | - | - | - | Breen.5054 |
| 1894 United States 1/2 Dollar #4 | - | - | - | Breen.5051 |
| 1894 United States 1/2 Dollar #5 | 9.126 g | 30 mm | 6 h | - |
Specifications compiled from documented museum specimens. See our data & methodology page.
Summary: the 1894 United States 1/2 Dollar is valued between $9.64 and $104 as of 2026-06-13. Estimates combine mintage rarity, key-date status and metal content; they are editorial guidance, not an offer to buy.