The 1898 Barber half dollars have value as both numismatic coins and as silver bullion. Keep reading to learn more about these silver coins.

1898 Half Dollar

Specifications

Type: Barber Half Dollar
Year: 1898
Face Value: $0.50
Composition: 90% silver, 10% copper
Silver Weight: .36169 oz.
Total Weight: 12.50 grams
Current Silver Bullion Value: $6.01

The US minted the 1898 half dollar with no mint mark and also the 1898 O half dollar and 1898 S half dollar. The mint mark, when present, can be found on the reverse side of the coin below the eagle.

Series Location Quantity Minted
1898 Philadelphia 2,956,000
1898 O New Orleans 874,000
1898 S San Francisco 2,358,550

Value

This coin in circulated condition is worth at least its weight in silver. The silver melt value for this coin is $6.01 as of December 10, 2019. This melt value is calculated from the current silver spot price of $16.63 per ounce.

The 1898 half dollar with no mint mark is worth around $18 in good condition. In very fine condition the value is around $95. In extremely fine condition the value is around $200. In uncirculated condition the price is around $600 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $900.

The 1898 O half dollar is the most rare and valuable series. This coin is worth around $38 in good condition. In very fine condition the value is around $400 and in extremely fine condition the value is around $540. In uncirculated condition the price is around $1,500 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $2,600.

Lastly the 1898 S half dollar is worth around $30 in good condition. In very fine condition the value is around $185 and in extremely fine condition the value is around $340. In uncirculated condition the price is around $1,500 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $3,600.

Proof coins with no mint mark are available and they are each valued at around $1,100 in PR 63 condition. There were only 735 proof coins minted.

Grading System

Good- The date and the inscriptions are readable. The word "LIBERTY" on Liberty's headband has been completely worn off.

Very fine- The word "LIBERTY" on Liberty's headband is visible but plain.

Extremely fine- The word "LIBERTY" on Liberty's headband is sharp. The edges on Liberty's headband are distinct.

MS 60 uncirculated- There are no signs of wear. The coin has luster, but there may be a few stains, abrasions, or surface marks.

MS 63 choice uncirculated- In the major focal areas there are some blemishes or contact marks. The coin's luster might not be as prominent.

PR 63 proof- This coin has reflective surfaces and only a few blemishes away from the major focal points. There are no major flaws.

 

Sources:

The Red Book


See also:

1899 Half Dollar
1897 Half Dollar
1896 Half Dollar