1807 Capped Bust Half Dollar
Small Stars
Distinctive in appearance and very rare in Mint State grades, the Small Stars obverse of 1807 is underappreciated compared to other varieties of the year such as the 50/20C Reverse or the so-called "Bearded Goddess." The "Small Stars" moniker perhaps requires refinement, as overlays of the stars on this variety and others from 1807 reveal that the same punch set was used on this variety as on its Large Stars brethren. The stars appear slightly smaller by virtue of either lapping, a polishing of the die, or the depth of the initial strike of the star punch into the die face. Their relative size may be an optical illusion created by the smaller and more refined denticles and the greater distance between those smaller denticles and the stars themselves. Used only in the Overton-113 die marriage, the Small Stars obverse has been recognized as a major variety in the Guide Book for decades, and in Wayte Raymond’s Standard Catalogue for decades before that.
The example to the left was sold by Stack's Bowers Galleries in the July 2015 Baltimore Auction, where it realized $129,250.