1797 1/2C Gripped Edge, BN

The 1797 1/2 Cent Gripped Edge, BN, Regular Strike is an intriguing piece rich in numismatic history. Struck at the Philadelphia Mint, this coin represents one of the earliest official issues from the United States Mint, making it a cornerstone for collectors of early American coinage. The gripped edge variant adds a distinctive characteristic that separates it from other 1797 half cent issues.

The mintage for this year was relatively low due in part to the limited demand and young economy of the burgeoning United States, with an estimated mintage of 127,840 pieces. From a rarity standpoint, the 1797 1/2 Cent Gripped Edge is significantly scarce. The variant is elusive, both for its age and the survival rate of early copper coins, which were prone to wear and environmental damage.

The gripped edge was a security measure intended to prevent counterfeiting and clipping, and it offers a unique collectible aspect for numismatists. This coin is cataloged under PCGS #1035. With its blend of historical significance and rarity, the coin has achieved notable sales at auctions. In recent sales, these coins have garnered considerable interest due to their scarcity and historical significance. High-grade examples, particularly those with exceptional eye appeal, have achieved auction results well into the thousands at major numismatic sales.

Factors influencing the value include grade rarity, surface preservation, and coloration, particularly attractive natural tones of brown (BN). For collectors and historians, the 1797 1/2 Cent Gripped Edge offers a window into the early workings of the U.S. Mint and the economic environment of the late 18th century. It stands as a testament to the nascent American republic’s first struggles with creating a stable and secure currency. This piece remains in high demand for its blend of unique characteristics and historical context, representing a solid investment and an important artifact from the nation's numismatic past.

For more detailed information, examining resources like detailed auction catalogs and specialized numismatic literature is recommended to gain insights into specific sales and price trends.