1802/0 1/2C Reverse of 1802, BN
1802/0 1/2C Reverse of 1802, BN (Regular Strike) The 1802/0 1/2 Cent Reverse of 1802, BN is a fascinating coin within the United States half cent series. From a numismatist's perspective, this coin carries significant historical and rarity value due to its distinctive overdate and low mintage.
Mint and Mintage
Mint Location : Philadelphia
Total Mintage : Estimated at 20,266 pieces
PCGS Number : 1059
The 1802/0 half cent was struck at the Philadelphia Mint, the nation’s sole mint at the time. The overdate feature, where the "2" in 1802 is punched over an "0," adds a layer of intrigue. These coins are known for their distinctive "Reverse of 1802" die, featuring bold and recognizable design characteristics different from other reverses used in that period.
Rarity and Collectibility The 1802/0 1/2C is exceedingly rare, as most of the relatively small mintage did not survive the passage of time. The rarity is compounded by the high demand among collectors seeking to complete their early U.S. type sets. The BN (Brown) designation refers to the coin's natural patina after years of oxidation, which is highly appreciated among collectors.
Historical Significance From a historical standpoint, the 1802/0 1/2C reflects the early experimental years of U.S. minting and the struggles faced with coinage consistency and design. The overdate exemplifies early mint practices where dies were repurposed. Each surviving piece offers a glimpse into these foundational years.
Value and Sales The market value of the 1802/0 1/2C varies greatly depending on the condition of the coin. Here are some notable sales that highlight its prominence: - **In a recent auction, an example graded Fine Details by PCGS realized over $20,000**, emphasizing the intense interest and competition for this coveted issue. - **An About Uncirculated (AU) specimen, with superior detail and eye appeal, fetched more than $100,000.** These figures illustrate the substantial premiums paid for well-preserved examples and underscore the coin's status as a prize among numismatists.
Detailed Characteristics The coin's obverse features the classic Draped Bust design, with Liberty facing right, her hair tied with a ribbon. The reverse typically shows a wreath encircling the denomination. The 1802/0 half cent is part of the Draped Bust series, spanning from 1800 to 1808, and is often pursued for its historical and production context. The combination of its rarity, historical context, and coveted overdate feature make the 1802/0 1/2C Reverse of 1802 a centerpiece in any numismatic collection. Its allure continues to captivate coin enthusiasts, making it a perpetual subject of study and admiration.