The 1812 Over 1 Capped Bust Silver Half Dollar, Small 8 variety, is a very rare and collectible coin cherished by enthusiasts for its historical value and fascinating overdate feature. This coin was hand-engraved with an “8” punched over a previous “1,” making it a sought-after rarity among early US silver issues. The Small 8 design—as opposed to its Large 8 counterpart—adds another layer of desirability and challenge for collectors completing type or variety sets.

Struck in Philadelphia, it features the classic Capped Bust portrait of Liberty on the obverse, encircled by thirteen stars. The reverse displays a naturalistic heraldic eagle with a shield on its breast, clutching arrows and an olive branch, all under a “50 C.” denomination. The edge bears a lettered inscription: “FIFTY CENTS OR HALF A DOLLAR,” emphasizing its historical minting methods and early American artistry.

Examples in Very Good (VG) condition are hard to find and fetch substantial premiums compared to other dates. According to current coin guides, its value in circulated conditions ranges from about $90 to $2,450, with rare varieties and higher grades commanding much more—exceptional specimens have sold for over $25,000 or even higher for top condition coins.

The 1812/1 Small 8 Capped Bust Half Dollar stands out for its rarity, vintage craftsmanship, and connection to the early 19th-century US Mint. Any well-preserved example with clear overdate and visible details is a center-stage item for display or investment within classic American numismatics.