1832 Capped Bust Half Dollar Small Letters

Lettered Edge

What This Coin Looks Like (Obverse, Reverse, Mint Mark Location, Special Features, etc.):

1832 Capped Bust Half Dollar - Small Letters
Mintage: N/A
Minted at: Philadelphia (No Mint Mark)
Designer – Engraver: John Reich
Metal Composition: 89% Silver - 11% Copper
Diameter: 32.5 mm
Mass / Weight: 13.48 grams
One major variety is the 1832 "Small Letters" Capped Bust Half Dollar. This variety features smaller letters in the words "UNITED STATES OF AMERICA" on the reverse of the coin.

It is often very difficult to distinguish the sizes of the lettering as there are 23 different varieties with varying letter sizing and orientation (only one of these varieties is a large letter variety - known as Overton 101 or O-101). Basically the small letters are slightly less than 2mm tall and the large letters are slightly greater than 2mm. One way to identify the variety is to view the letters "E" and "A" in the words. These will appear smaller relative to the other letters - whereas the letters will look equal in size in the large letter variety. The same is also true with the letter "O" in the word "OF".

Probably the easiest way to tell the difference between the small and large letter varieties is to realize that there is a massive die crack on the left-side wing of the eagle. Only the large letters variety (Overton O-101 and O-101a) has the crack - and the crack gets larger over time. These features are depicted below in the example comparison image of the 1832 large letters vs small letters half dollar varieties:

1832 Small Letters vs Large Letters Capped Bust Half Dollar - Difference and Comparison

Coin Value Chart

Typical retail values in USD based on grade/condition. Numismatic portion last updated February 2026; precious-metal portion updates live.

1832 Capped Bust Half Dollar Small Letters value chart – grades from Good-4 through Proof
G4 VG8 F12 VF20 EF40 AU50 MS60 MS63 PR63
$97 $117 $129 $164 $240 $484 $1,360 $2,644 –
USA Coin Book Estimated Value of 1832 Capped Bust Half Dollar Small Letters is Worth $97 in Average Condition and can be Worth $1,360 to $2,644 or more in Uncirculated (MS+) Mint Condition.

Learn How to use Coin Price Charts · Learn About Grading Coins · The melt value above is the bare-metal floor. See melt values for every US coin.
US Coin Metal Content Values

Marketplace listings for this coin

How to Use the Coin Value Tables

These tables show estimated retail values for each date, mint mark, and variety across the most commonly collected grades. Here’s how to read them.

Sample Table (Lincoln Wheat Cent)

G4 VG8 F12 VF20 EF40 AU50 MS60 MS65 PR65
378 652 943 1,213 1,325 1,507 2,755 11,565 –

Understanding Each Column

G4 → PR65 (Grade Columns)
Estimated retail values in the most commonly collected grades on the Sheldon scale:
  • G4 – Good
  • VG8 – Very Good
  • F12 – Fine
  • VF20 – Very Fine
  • EF40 – Extremely Fine
  • AU50 – About Uncirculated
  • MS60 / MS65 – Mint State (Uncirculated)
  • PR65 – Proof
A dash (–) means pricing data is unavailable, the grade is extremely rare/non-existent for that issue, or (on modern coins) the piece is worth face value in that grade.

About the Prices

Values are estimates of what a collector would typically pay a dealer or another collector. They are based on long-term tracking of catalogs, dealer lists, eBay and Heritage results, our own marketplace, and live precious-metal prices for silver, gold, and platinum issues.

For the most recent years we use running mintage totals from the U.S. Mint until sales of a product end. Once a product is discontinued, the final cumulative figure becomes the official mintage.