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1865 is about an average date in rarity for a Liberty Seated half dollar.Look on the back of the coin to see if there's a small mint mark letter below the eagle. It may be blank or there may be an S.

Numismedia lists the following approximate retail values as of 04/2014:

No mint mark (Philadelphia):

Very worn condition - $40

Moderately worn - $71

Slightly worn - $138

Almost no wear - $402

Uncirculated - $660 to $30,550 depending on quality

"S" mint mark (San Francisco):

Very worn - $35

Moderately worn - $72

Slightly worn - $198

Almost no wear - $594

Uncirculated - $1,080 to $87,500

DISCLAIMER: The retail values quoted are the best available as of the date shown, but may vary significantly due to changes in the precious metals market. Also the wholesale (buying) price of a coin will be less than the selling (retail) price. A reputable coin dealer will be able to give a more accurate valuation based on inspection of the coin.

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Q: What is the value of an 1865 US half dollar?
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