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The Certified Bust Half Dollar 1824 MS61 is a significant example of early American coinage, minted during a pivotal time in the nation’s history. The Bust Half Dollar series, struck between 1807 and 1839, represents a key period in U.S. numismatic development, bridging the gap between the early years of the Republic and the more modern coinage of the mid-19th century. The 1824 issue is especially important as it reflects the nation’s growing economy and the increasing demand for circulating coinage as the country expanded westward and experienced industrial growth.
The Bust Half Dollar series is distinguished by its bold, classical design, which was the work of famed engraver John Reich. Introduced in 1807, the design featured the iconic bust of Liberty on the obverse and an eagle on the reverse, both of which became enduring symbols of American freedom and strength. The Bust Half Dollar was issued in response to the need for coins that were denominated in half dollar units, a necessity as the country’s economy evolved and larger transactions became more common. The 1824 Bust Half Dollar was part of a broader mintage of coins struck at the Philadelphia Mint, which was the only U.S. Mint facility in operation at the time.
The obverse of the 1824 Bust Half Dollar features the portrait of Liberty facing left, surrounded by the inscription “LIBERTY.” The design showcases Liberty wearing a phrygian cap, a symbol of freedom, while her hair is tied in a loose bun, giving the coin an elegant and timeless appearance. The date “1824” appears directly below the bust, indicating the year the coin was struck. This design was consistent across many issues of the Bust series and became one of the most iconic representations of Liberty on U.S. coinage. The placement of the word “LIBERTY” at the top of the coin emphasizes the central theme of the coin, which is freedom and independence, values that were foundational to the nation’s identity.
The reverse of the 1824 Bust Half Dollar features a powerful depiction of a heraldic eagle, with its wings spread wide and its head turned to the left. The eagle is clutching a ribbon that reads “E PLURIBUS UNUM,” the national motto of the United States, and arrows in one talon and an olive branch in the other, symbolizing the nation’s readiness for war and its desire for peace. Above the eagle, the inscription “UNITED STATES OF AMERICA” is displayed, reinforcing the coin’s identity as part of the national currency system. The reverse also includes the denomination “HALF DOLLAR,” ensuring that the coin’s value is clearly indicated. The eagle’s impressive size and the intricate details of its feathers and claws highlight the quality of U.S. Mint engraving at the time.
The 1824 Bust Half Dollar was struck in 89.24% silver, which was the standard for U.S. coinage of the time. This silver content, combined with copper alloy, ensured that the coin was durable enough for circulation, as well as maintaining a strong luster and attractive appearance. Over the years, silver half dollars like the 1824 were integral to everyday commerce, circulating widely in the early decades of the United States. The coin’s composition also gave it intrinsic value, as it could be melted down for its silver content during times of economic crisis. The use of silver in coins continued for many years and remains a characteristic feature of U.S. coinage up to the present day.
The mintage of the 1824 Bust Half Dollar was relatively high for its time, with a total of 4,464,000 coins produced. However, because the coin was widely circulated and saw extensive use in everyday transactions, high-grade examples have become rare. The fact that so many of these coins were in circulation means that examples in pristine condition, such as the MS61, are much more difficult to find. Many of the 1824 Bust Half Dollars were heavily worn, damaged, or lost over time, making well-preserved examples of this coin highly sought after by collectors and investors.
The Certified 1824 Bust Half Dollar MS61 is a coin that has been graded by the Numismatic Guaranty Corporation (NGC), receiving the designation of Mint State 61. This means the coin is in high-quality condition, with a strong strike and well-preserved design elements. Coins graded MS61 exhibit only minor imperfections, such as light abrasions or small contact marks, which are expected for coins that have been handled or stored over time. Despite these minor flaws, an MS61 coin retains its original luster and sharp details, making it an attractive piece for numismatic collectors.
The obverse of the MS61 specimen should display a sharply struck portrait of Liberty, with her features, including her face, hair, and cap, clearly defined. The date “1824” should be well struck, with no significant wear or fading. The coin’s fields should still exhibit good luster, although they may show some signs of light contact or handling. The inscription “LIBERTY” should be legible, though it may show some wear at the high points. The overall appearance of the coin should be pleasing, with a good balance between wear and preservation.
The reverse of an MS61 specimen should feature a well-defined eagle, with the feathers and other intricate details of the bird’s wings and body still visible. The motto “E PLURIBUS UNUM” and the inscription “UNITED STATES OF AMERICA” should be bold and legible. The arrows and olive branch in the eagle’s talons should retain their distinct details. The fields of the reverse may exhibit light abrasions, but the overall appearance of the design should remain strong. The coin’s rim should also be intact, with minimal contact marks, further emphasizing its good preservation.
One of the key characteristics of an MS61 specimen is its balance between preservation and affordability. While not a perfect coin, an MS61 Bust Half Dollar offers an excellent example of early American coinage that retains much of its original charm and beauty. The relatively minor imperfections present in MS61 specimens do not detract from the overall appeal of the coin and only serve to reinforce its history as a widely circulated currency piece. For collectors interested in acquiring a piece of U.S. history, the 1824 Bust Half Dollar in MS61 condition represents a great option, offering both beauty and historical value at a more accessible price than higher-grade specimens.
The Certified Bust Half Dollar 1824 MS61 is a valuable piece for collectors of early U.S. coinage, particularly those focused on the Bust series or American silver coins. The historical significance of the coin, combined with its attractive design, makes it an excellent addition to any collection. Coins like the 1824 Bust Half Dollar also offer insight into the growth and development of U.S. currency during a time of national expansion, making it a meaningful piece for those interested in American history.
For those seeking to acquire a Certified Bust Half Dollar 1824 MS61, reputable dealers, online auction platforms, and specialized numismatic shops offer the best opportunities. Collectors should look for coins that maintain strong detail, luster, and well-defined design elements. Authentication and certification through a reputable grading service like NGC ensure that the coin is genuine and has been professionally graded, providing peace of mind for both collectors and investors alike.
The Certified Bust Half Dollar 1824 MS61 is a testament to the craftsmanship of early American coinage. With its bold design, historical context, and solid preservation, this coin offers a unique glimpse into the past. As a key piece in the Bust series, it continues to be highly valued by collectors and stands as a symbol of the enduring legacy of U.S. coinage during the early 19th century.