Half Dollar and Dollar coins have long been a staple of American coinage, representing both everyday currency and historical milestones. From silver classics to rare minting errors, these coins have captured the imagination of collectors for generations. While many examples are common, certain rare dates and varieties can be worth thousands or even millions. In 2026, the market for Half Dollar and Dollar coins remains strong, with collectors eager to uncover hidden treasures in their collections.
Origins of Half Dollar and Dollar Coins
The Half Dollar has been part of U.S. coinage since 1794, with designs ranging from the Flowing Hair to the modern Kennedy Half Dollar. Dollar coins also have a rich history, beginning with the early silver dollars of the late 18th century and continuing through Peace, Eisenhower, and modern commemorative issues. Each series reflects the artistry and history of its time, making them highly collectible.
Composition and Design
- Half Dollars: Typically 90% silver until 1970, later copper‑nickel clad
- Dollar Coins: 90% silver until 1935, later copper‑nickel clad or special collector issues
- Weight: Half Dollar 12.5 grams (silver), Dollar 26.73 grams (silver)
- Diameter: Half Dollar 30.6 mm, Dollar 38.1 mm
Chart of 15 Most Valuable Half Dollar and Dollar Coins
| Coin | Notable Feature | Estimated Value (2026) |
|---|---|---|
| 1794 Flowing Hair Dollar | First U.S. silver dollar | $500,000–$5,000,000 |
| 1804 Draped Bust Dollar | Famous rarity | $1,000,000–$7,000,000 |
| 1870-S Seated Liberty Dollar | Extremely rare | $500,000–$2,000,000 |
| 1921 Peace Dollar High Relief | First year issue | $500–$20,000 |
| 1928 Peace Dollar | Lowest mintage | $400–$15,000 |
| 1934-S Peace Dollar | Scarce San Francisco issue | $500–$10,000 |
| 1964-D Peace Dollar | Extremely rare, never released | $1,000,000+ |
| 1972 Eisenhower Dollar Type 2 | Rare reverse variety | $500–$5,000 |
| 1976 Eisenhower Dollar Silver Proof | Bicentennial issue | $200–$3,000 |
| 1796 Draped Bust Half Dollar | Early rarity | $10,000–$500,000 |
| 1838-O Capped Bust Half Dollar | First New Orleans mint coin | $100,000–$500,000 |
| 1916 Walking Liberty Half Dollar | First year issue | $500–$10,000 |
| 1942 Walking Liberty Proof | Scarce proof issue | $5,000–$50,000 |
| 1964 Kennedy Half Dollar Accented Hair | Rare variety | $100–$5,000 |
| 1970-D Kennedy Half Dollar | Scarce mint set issue | $50–$1,500 |
The Legendary Dollar Coins
The 1794 Flowing Hair Dollar is considered the first U.S. silver dollar and is among the most valuable coins in American history. The 1804 Draped Bust Dollar, known as the “King of American Coins,” is another legendary rarity, with only a handful known to exist. The 1870-S Seated Liberty Dollar is equally scarce, making it a prized possession for advanced collectors.
The Peace Dollar Series
The Peace Dollar, minted from 1921 to 1935, remains a favorite among collectors. The 1921 high relief issue is especially prized for its striking design, while the 1928 Philadelphia issue is the lowest mintage of the series. The 1934-S is another key date, and the elusive 1964-D Peace Dollar, never officially released, is one of the rarest coins in existence.
The Eisenhower Dollar Series
The Eisenhower Dollar, minted from 1971 to 1978, includes several rare varieties. The 1972 Type 2 reverse is one of the most famous, while the 1976 Bicentennial silver proof coins are highly collectible. These coins commemorate both President Eisenhower and America’s space achievements.
The Half Dollar Series
Half Dollars also boast several rarities. The 1796 Draped Bust Half Dollar is an early classic, while the 1838-O Capped Bust Half Dollar is notable as the first coin struck at the New Orleans Mint. The Walking Liberty Half Dollar series includes the scarce 1916 first year issue and the rare 1942 proof coins. The Kennedy Half Dollar series features the 1964 Accented Hair variety and the 1970-D issue, both prized by collectors.
Market Trends in 2026
The Half Dollar and Dollar coin markets remain strong in 2026. Rising silver prices provide a solid base value, while rare dates and varieties continue to set record prices at auction. Collectors are particularly drawn to legendary rarities such as the 1794 Flowing Hair Dollar and the 1804 Draped Bust Dollar. Online platforms have expanded access to trading, making it easier for enthusiasts to buy and sell these coins.
Collecting Tips for Enthusiasts
- Learn to recognize key dates and varieties across both series
- Preserve coins in protective holders to prevent wear
- Verify authenticity through professional grading services
- Focus on condition, as higher grades significantly increase value
- Watch for rare varieties and proof issues that command strong premiums
Historical Significance
Half Dollar and Dollar coins are more than just currency; they are symbols of American history. From the early Flowing Hair Dollar to the modern Kennedy Half Dollar, these coins reflect the nation’s growth, artistry, and heritage. Their enduring designs and rare varieties remind us that even everyday coins can become extraordinary treasures.
Key Highlights
- Half Dollar and Dollar coins have been minted since the late 18th century
- Rare Dollar coins include the 1794 Flowing Hair, 1804 Draped Bust, and 1928 Peace Dollar
- Rare Half Dollar coins include the 1796 Draped Bust, 1838-O Capped Bust, and 1916 Walking Liberty
- Values range from hundreds to millions, depending on rarity and condition
- In 2026, collector demand remains strong, with auctions setting record prices
Final Words
The Half Dollar and Dollar coins stand as two of America’s most beloved coin series, cherished for their design, history, and symbolism. In 2026, collectors have the opportunity to explore a wide range of issues, from affordable silver pieces to rare and valuable treasures worth millions. Whether building a complete set or searching for a single standout piece, these coins offer a journey through history and a chance to hold one of the greatest numismatic treasures of modern times.