The 1831 Half Dollar has one of the largest mintages of the entire Capped Bust series. This, coupled with the fact that there are no major varieties that compete with the regular date, makes the 1831 Half Dollar a plentiful, affordable choice for type collectors.
Hundreds of Mint State examples have been certified, including more than one hundred each at the MS63 and MS64 levels. Even Gem MS65 examples can be found with ease, though they are pricey at this level. Above MS65, the 1831 Half Dollar becomes very rare and the finest example is a single PCGS MS67.
The quality of the strike on an 1831 Half Dollar varies depending on the die variety -- some show weakness on the obverse stars; others appear to be struck from worn dies. With a little hunting, the collector should be able to find a high grade example with close to a full strike. Keep in mind that the PCGS Condition Census is filled with coins grading MS65 or better.
William H. Woodin Collection - John H. Clapp Collection, sold intact in 1942 - Louis E. Eliasberg, Sr. Collection - Bowers & Merena 4/1997:1873, $17,600 - Phil Kaufman Collection - Joseph C. Thomas Collection - Heritage 4/2009:2445, $19,550 - Bowers & Merena 1/2010:366, $19,550 - Stack’s/Bowers 3/2011:1931, $51,750 - High Desert Collection
Dr. Charles Link Collection
High Desert Collection - Heritage 4/2012:5119, $12,650
Louis E. Eliasberg, Sr. Collection - Bowers & Merena 4/1997:1875, $10,450 - Bowers & Merena 7/2003:1508, $??? - American Numismatic Rarities 6/2005:49, $14,950 - D. Brent Pogue Collection