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  As the young American economy began to flourish in the early 19th century, deposits of silver bullion at the United States Mint increased. The hiatus of the silver dollar beginning in 1804 meant that the half dollar was the largest silver denomination available, and it was embraced as the backbone to commerce for the three decades to follow. From a start of just 750,000 Capped Bust half dollars struck in 1807, mintages quickly rose into seven figures. By 1825, mintages had twice surpassed two million and nearly three million would be struck for 1825. Even so, the vast majority of these pieces were placed into circulation, saw heavy use, and were melted over the following century.

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