1795 1/2C Plain Edge, Punctuated Date, BN

The 1795 1/2 Cent Plain Edge, Punctuated Date, BN is an intriguing numismatic treasure from early American coinage, sought after for its historical significance and distinctive characteristics. As part of the Liberty Cap Half Cent series, it takes its name from the obverse design featuring Liberty facing right, adorned with a Phrygian cap. This series was minted at the Philadelphia Mint, the first official mint facility of the United States.

Rarity and Mintage: The 1795 Half Cent is particularly rare, as it was produced at a time when striking techniques and mintage figures were considerably limited compared to later years. The mintage for this particular variety is believed to be low. The original mintage of all 1795 Liberty Cap Half Cents was 139,690 across various varieties and edge types, but the specific number for the Plain Edge, Punctuated Date variety remains uncertain.

Distinctive Features: The defining feature of this coin is its "Punctuated Date," which displays the date as 1,795, with a comma or dot between the “1” and “7.” This peculiarity is one of the key identifiers for collectors. Additionally, it has a plain edge, as opposed to the lettered edges found on other varieties, and is classified as BN, indicating its brown color in the copper coinage spectrum.

Value and Sales: The 1795 1/2 Cent Plain Edge, Punctuated Date, BN is highly coveted by collectors, often fetching impressive sums at auction. Its value can vary greatly based on its condition, provenance, and specific market interest at the time of sale. For example, high-grade specimens can command prices in the thousands to tens of thousands of dollars. Auction records indicate that a well-preserved piece has been sold for significant figures, reflecting its desirability and rarity in the numismatic community.

Historical Context: From a historical perspective, coins from this era carry immense significance as they were among the earliest expressions of American independence and identity. Produced just a few years after the establishment of the U.S. Mint, these coins are emblematic of the young nation’s burgeoning economy and political sovereignty.

PCGS Information: According to PCGS CoinFacts, which offers in-depth analysis and information on coins, the PCGS # for this variety is 1003. PCGS CoinFacts describes the rarity and historical importance of this coin within the Liberty Cap series, emphasizing its appeal to both historians and numismatists. Collecting early American coinage like the 1795 1/2 Cent Plain Edge, Punctuated Date, BN is not just about owning a piece of history but also understanding the nuanced artistry and economic circumstances of early America. The pursuit of such pieces is often driven by their unique stories and the palpable connection they offer to the past.