The 1817 Capped Bust Half Dollar with the "7 Over 4" overdate variety is a fascinating and highly collectible coin in American numismatics.
This variety is characterized by the underlying digit "4" being partially visible beneath the "7" in the date "1817" on the obverse (front) of the coin.
Designed by John Reich, the Capped Bust Half Dollar features Liberty facing left, wearing a Phrygian cap and a drapery adorned with stars.
The reverse depicts an eagle with outstretched wings, clutching arrows and an olive branch, with a shield at its breast. The denomination "50 C." is inscribed below the eagle.
The overdate varieties, such as the "7 Over 4" on the 1817 Capped Bust Half Dollar, are a result of the Mint's practice of reusing dies from previous years by modifying the date.
In this case, the engraver attempted to correct the original die with a new numeral, resulting in the distinctive overdate variety.
Because of its rarity and historical significance, the 1817 Capped Bust Half Dollar with the "7 Over 4" overdate variety is highly prized by collectors. Its value is influenced by factors such as its condition, scarcity, and demand among collectors.
Owning a coin like the 1817 Capped Bust Half Dollar with the "7 Over 4" overdate variety allows collectors to own a piece of American numismatic history and appreciate the artistry and craftsmanship of these early coins.