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The Coinage of 1842: Part Two
NGC NewsLetter - By David W. Lange

Of all the various denominations bearing Christian Gobrecht's familiar Seated Liberty design, it was the half dollar alone that remained true to his original rendering of the figure. For reasons now lost to history, it did not receive the revised treatment prepared by Robert B. Hughes in 1840. The sole concession was the addition of a shallow, extra bit of drapery at Liberty's elbow during 1839 and a reduction to the size of the rock upon which she sits.
An extreme rarity is the Small Date obverse with Small Letters reverse


The half dollars of 1842 feature either the Small Date used 1839-41 or the Medium Date seen on coins dated 1843-46. In addition, the size the letters in the reverse legends was increased substantially during midyear. The mixing of these various dies resulted in several popular varieties.

Most commonly seen of the Philadelphia Mint issues is the Medium Date/Large Letters combination, followed in scarcity by the Small Date/Large Letters variety. Both are sufficiently available that examples remain affordable through the lower mint state grades. One reverse die of the SD/LL combination is distinctly doubled, and this variety is quite scarce.

An extreme rarity is the Small Date obverse with Small Letters reverse, just two pieces being known. The first example, a moderately worn coin, was discovered in 1998. An unattributed mint state example then appeared at auction during 2005, with several alert specialists bidding it up to a very high price.