Certified Capped Bust Half Dollar 1836 PCGS VF20- Lettered Edge

This 1836 Capped Bust Half Dollar, graded VF20 (Very Fine) by PCGS, features the lettered edge design, which is a notable attribute of early U.S. coinage. Designed by John Reich, the obverse showcases Liberty wearing a Phrygian cap, with her hair flowing and surrounded by thirteen stars representing the original colonies. The reverse displays a heraldic eagle clutching an olive branch and arrows, symbolizing the nation's readiness for both peace and defense. The lettered edge, inscribed with "FIFTY CENTS OR HALF A DOLLAR," was a unique feature of this era, later replaced by a reeded edge in subsequent designs. The VF20 grade reflects moderate wear on high points while retaining visible details, adding historical and collectible value to this coin.