Recently, studies of high-order harmonic generation (HHG) from atoms driven by bichromatic counter-rotating circularly polarized laser fields have received considerable attention for this process could be a potential source of coherent circularly polarized extreme ultraviolet (XUV) and soft-x-ray beams in a tabletop-scale setup. In this paper, we address the problem with molecular targets and perform a detailed quantum study of the ${\mathrm{H}}_{2}{}^{+}$ molecule in bichromatic (${\ensuremath{\omega}}_{0}, 2{\ensuremath{\omega}}_{0}$) counter-rotating circular polarized laser fields where we adopt wavelengths (790 and 395 nm) and intensities ($2\ifmmode\times\else\texttimes\fi{}{10}^{14}\phantom{\rule{0.28em}{0ex}}\mathrm{W}/{\mathrm{cm}}^{2}$) reported in a recent experiment [K. M. Dorney et al., Phys. Rev. Lett. 119, 063201 (2017)]. Here, we demonstrate appropriate conditions to produce perfectly circular polarized harmonics. The calculated radiation spectrum contains doublets of left and right circularly polarized harmonics which display perfect circular polarization with use of the trapezoidal pulse shape, and substantial deviations from perfect circular polarization with use of the sine-squared pulse shape. We also study in detail short- and long-cycle counter-rotating circularly polarized driving pulses with a time delay between the two driving fields, ${\ensuremath{\omega}}_{0}$ and $2{\ensuremath{\omega}}_{0}$. These time delayed circularly polarized driving pulses are applied to H atoms and ${\mathrm{H}}_{2}{}^{+}$ molecules, and in both atomic and molecular cases we conclude a zero time delay corresponds to the highest HHG intensity for short pulses. For longer pulses there are no distinct differences in HHG intensities between the zero and nonzero time delays if the latter are within a few optical cycles of the fundamental frequency.