1796 1/2C With Pole, BN
The 1796 1/2 Cent With Pole, BN (Brown) is a highly sought-after coin in the numismatic community. This coin, minted in the early years of the United States Mint, holds significant historical value as well as rarity, making it a captivating piece for collectors. It is part of the larger series of Liberty Cap Half Cents, specifically recognized for the pole that appears behind Liberty's head, distinct from the "No Pole" variant from the same year.
Mint and Mintage Details
Mint: Philadelphia - Mintage: 1,390 -
PCGS Number: 1034
Rarity and Historical Significance: The 1796 With Pole variety is particularly notable for its limited mintage, with only 1,390 coins struck. This low mintage is a primary factor contributing to its rarity and high desirability among collectors. The survival rate of these coins is significantly low, making each piece, especially in well-preserved conditions, extremely valuable. Historically, 1796 was a year of transition and experimentation at the Philadelphia Mint, which was the only minting facility operating at that time. The introduction of the pole behind Liberty’s head in the design is thought to mimic European motifs, rendering the coin an interesting study of early American numismatic artistry.
Value and Auction Records: Due to its scarcity and historical context, the 1796 1/2 Cent With Pole commands high prices at auction. The value of these coins can range widely based on their condition, with even well-worn examples fetching significant sums. Prices for specimens in good condition often reach into the tens of thousands of dollars. In recent auctions, particularly well-preserved examples have sold for over $100,000, underscoring the coin's prestigious standing among collectors. Numismatists and collectors value these coins not just for their rarity but also for their glimpse into early American crafting techniques and economic history. The appeal of the 1796 1/2 Cent With Pole extends beyond mere aesthetics; it embodies a tangible connection to the early years of the American republic.
Details from a Numismatist's Perspective: From a numismatist's standpoint, the 1796 1/2 Cent With Pole is a piece that combines rarity with intricate design details. The coin’s obverse features the Liberty Cap design by Robert Scot, which is emblematic of liberty and freedom, reflective of the new nation's ideals. The inclusion of the pole adds a distinct characteristic that makes it easily distinguishable from its counterpart, the "No Pole" variety, heightening its collectible significance. Moreover, the coin's surface often provides insights into the environmental conditions and handling it has endured over the centuries. For numismatists, studying these coins offers clues into the minting processes of the 18th century, where inconsistencies and variations further add layers of intrigue. The 1796 1/2 Cent With Pole BN is more than just a coin; it is a piece of American history encapsulated in copper, offering a narrative of a nation in its infancy and the artistic and technical endeavors of its mint. Its rare status and historical significance ensure its status as a treasured asset for collectors worldwide.
