1817/3 50C Capped Bust NGC VF Details Plugged

Overview

• Obverse Design: The obverse features a classic Capped Bust design, which was created by the engraver John Reich. The image depicts Liberty with a flowing cap and a band inscribed with the word “Liberty.”
• Reverse Design: The reverse displays an eagle with a shield, clutching arrows and an olive branch, which symbolizes strength and peace.

Grade: NGC VF Details Plugged

• Grade: The coin is graded VF (Very Fine) by NGC (Numismatic Guaranty Corporation), indicating it has clear details, with some wear on the high points but still retains much of its design.
• Details: The “Details” designation suggests that while the coin is still collectible and has preserved a fair amount of detail, there are conditions affecting its overall aesthetic.
• Plugged: This term means the coin has been repaired. Specifically, it had a hole or defect that was filled in, likely to restore its appearance or prevent further damage. While this can make the coin look better, it also reduces its value significantly because it indicates tampering with the original coin.

Historical Context

• Mintage and Rarity: The Capped Bust series was produced from 1807 to 1839, and the 1817/3 variety is especially noteworthy because it represents an overdate, meaning the die was repurposed from the previous year (1817) to strike new coins. This makes it more desirable among collectors.
• Pre-1933 Gold: While this particular coin is a silver half dollar and not gold, the pre-1933 gold coins were produced before the Gold Reserve Act of 1934, which effectively removed gold coins from circulation. The pre-1933 era is often associated with historical gold coins, including Indian Head and Liberty Head designs. Collectors often focus on these coins for their historical value, artistry, and investment potential.

Conclusion

The 1817/3 Capped Bust Half Dollar is a fascinating piece of American coinage, with its unique overdate and design features. The NGC VF Details Plugged grade highlights its condition and the effects of repair, influencing its market value and desirability among collectors.