Introduction
The 1828 Capped Bust Half Dollar, specifically the O-123a variety, is a rare and coveted piece among collectors. This coin is part of the popular Capped Bust series, which was minted from 1807 to 1839. The O-123a variety is particularly rare and holds a special place in the hearts of numismatists due to its unique attributes and historical significance.
Historical Background
Minting History The Capped Bust Half Dollar series was designed by John Reich and later modified by William Kneass. The 1828 edition is part of the later years of the series, featuring the modifications introduced by Kneass in 1829, which included a smaller diameter and a raised rim.
Significance of the Year 1828 The year 1828 falls within a period of significant growth and development in the United States. The Capped Bust series itself reflects the young nation’s evolving identity and its burgeoning economy.
Design and Features
Obverse The obverse of the 1828 Capped Bust Half Dollar features a portrait of Liberty facing left, wearing a cap inscribed with the word “LIBERTY.” Thirteen stars surround her, representing the original thirteen colonies, and the date “1828” is prominently displayed below.
Reverse The reverse design showcases an eagle with a shield on its chest, clutching arrows in its right talon and an olive branch in its left. The inscription “UNITED STATES OF AMERICA” arcs above, and the denomination “50 C.” appears below.
O-123a Variety Characteristics The O-123a variety is distinguished by specific die characteristics, including unique positioning of certain design elements and distinct die cracks. These subtle differences make the O-123a variety identifiable and highly sought after by specialists in the series.
Grading and Condition
Rarity and Condition The rarity of the O-123a variety makes it a prized find, especially in higher grades. Coins in well-preserved conditions exhibit detailed design elements, minimal wear, and, in some cases, even original mint luster.
Eye Appeal Collectors highly value the eye appeal of the 1828 Capped Bust Half Dollar O-123a. Coins with clear, sharp details and attractive toning command premium prices in the numismatic market.
Market Value and Collectibility
Numismatic Value The 1828 Capped Bust Half Dollar O-123a is a significant numismatic piece, often commanding high prices at auctions and in private sales. Its rarity, combined with its historical and artistic value, makes it a treasured addition to any collection.
Investment Potential Rare varieties like the O-123a have strong investment potential due to their scarcity and demand among collectors. As the numismatic market grows, coins like the 1828 O-123a are likely to appreciate in value.
Historical and Artistic Appeal The Capped Bust series, and specifically the 1828 O-123a variety, offers a glimpse into early American coinage and artistry. The intricate designs and historical context of these coins make them fascinating pieces of Americana.
Conclusion
The 1828 Capped Bust Half Dollar O-123a variety is a rare and highly sought-after coin that embodies a significant period in American numismatic history. Its unique design features, rarity, and historical importance make it a standout piece for collectors and investors alike. Whether you’re a seasoned numismatist or a new enthusiast, the 1828 O-123a variety offers an exceptional blend of history, art, and value that is truly captivating.
