1825 O-103 R4- Capped Bust Half Dollar

Obverse: 2 (Third Marriage)
Reverse: C (Third Marriage, Rev O from 1824, O-116, and 1825 O-118)

This die marriage is said to have somewhere around 200 survivors, with many making appearances in higher grade. The obverse strike is typically weak, with a well struck example being the exception (an NGC MS66 fitting that description).

NGC Graded XF45. Nice original example with plentiful toned luster. This one has claims to AU, but the strike and rich toning hold it back.
1825, O-103, Capped Bust, Half Dollar
1825, O-103, Capped Bust, Half Dollar
1825, O-103, Capped Bust, Half Dollar
1825, O-103, Capped Bust, Half Dollar
Variety Attribution: Obverse-Stars 1, 8, 13 all about 1/2 mm. from drapery, cap and curl. Date is 8 mm., and evenly spaced.

Reverse- 50C is 1 3/4 mm.  Arrow to A is 3/4 mm. I is centered under left side of T. No center dot but a vertical like at left end of the upper five crossbars. In addition to the joined ED and AM, ME are very close and M is higher. This same reverse used in 1824 (O-116).

1825 Leaman-Gunnet Emission Sequence Number for O-103: 6
Overall Number: 189

Top five condition census coins from last 10 years of auction and sale records:
10/11 Heritage (Pittsburgh)                    NGC MS66
08/15 Heritage (ANA-Chicago)               PCGS MS64+ CAC (former PCGS MS63 CAC)
08/16 Heritage (ANA-Anaheim)              NGC MS63 CAC
05/08 Heritage (Long Beach)                 PCGS MS63
08/16 Downey MBS 43 (ANA-Anahem)   PCGS MS62+