The value of a 1906 half dollar coin, also known as a Barber Half Dollar, can vary significantly depending on its condition and the mint where it was produced.
Here’s a breakdown of approximate values for 1906 Barber Half Dollars based on mintmark and condition:
- Good (G) condition: Around $37.50.
- Very Good (VG) condition: Around $50.
- Fine (F) condition: Around $100.
- Very Fine (VF) condition: Around $175.
- Extremely Fine (XF) condition: Around $250.
- Uncirculated (MS-60): Can range from $525 up to $15,000 for top-quality examples.
- Good (G) condition: Around $37.50.
- Very Good (VG) condition: Around $50.
- Fine (F) condition: Around $100.
- Very Fine (VF) condition: Around $175.
- Extremely Fine (XF) condition: Around $250.
- Uncirculated (MS-60): Can range from $525 up to $45,000 for top-quality examples.
- Good (G) condition: Around $37.50.
- Very Good (VG) condition: Around $50.
- Fine (F) condition: Around $100.
- Very Fine (VF) condition: Around $175.
- Extremely Fine (XF) condition: Around $275.
- Uncirculated (MS-60): Can range from $1,000 up to $52,000 for top-quality examples.
- Historically significant examples: A 1906-O recovered from a victim of the Titanic sold for $20,974.45 in an auction.
- Uncirculated (MS-67): One example was offered at $1,300 in an auction.
- Top quality uncirculated (MS): Can be worth up to $79,000.
Important factors to consider when determining value:
- Condition (Grade): This is the most crucial factor. Uncirculated (Mint State – MS) coins will command significantly higher prices than circulated coins (Good – G, Very Good – VG, Fine – F, Very Fine – VF, Extremely Fine – XF).
- Mintmark: The mint where the coin was struck (Philadelphia, Denver, New Orleans, San Francisco) influences its rarity and value.
- Mintage Figures: Lower mintage figures can sometimes correlate with higher values, but condition still plays a larger role for Barber Halves in lower grades.
- Rarity: Some mintmark and grade combinations are rarer than others, leading to higher values.
- Market Trends: Coin values can fluctuate based on market demand and current trends.
Note: The melt value of the silver in a 1906 Barber half dollar (which is 90% silver) is approximately $13.82 as of August 18, 2025. However, the numismatic value (collector’s value) typically far exceeds the melt value for anything above the lowest grades.
Recommendation: If you have a 1906 half dollar and are interested in its exact value, it’s best to consult with a reputable coin dealer or consider getting it professionally graded by a service like NGC or PCGS. They can provide an accurate assessment based on its specific condition and characteristics.
How can I tell if my half dollar is rare?
Although the standard coin itself can hold value, you can identify rarer versions of this coin by looking at the design. Coins with known and documented errors, like changes in the former president’s hair, can be worth even more.