1804 1/2C Crosslet 4, No Stems, BN
The 1804 1/2 Cent Crosslet 4, No Stems, BN (Regular Strike) is a fascinating numismatic treasure, highly valued by coin collectors and historians alike. This coin belongs to the Draped Bust half cent series, minted between 1800 and 1808, and is distinguished by a unique combination of features making it a prized collectible.
Rarity and Mintage : The 1804 half cent is particularly rare due to its limited mintage. Although exact figures are scarce, the total mintage for 1804 half cents (including all varieties) is estimated at approximately 1,055,312. However, the Crosslet 4, No Stems variety constitutes a much smaller fraction of this number, contributing significantly to its rarity. The “Crosslet 4” in the date refers to the unique crosslet design of the numeral "4," and the term “No Stems” indicates the absence of stems on the wreath on the reverse side of the coin. The combination of these features sets this variety apart from other mintage runs in 1804, further contributing to its collectibility and scarcity.
Value and Market Performance : The value of the 1804 1/2 Cent Crosslet 4, No Stems can vary significantly based on its condition and historical significance. In recent auctions, this variety has fetched prices that reflect its rarity. High-grade examples, particularly those graded by the Professional Coin Grading Service (PCGS), can command premiums. For instance, in auctions known for handling rare coins, examples have sold for several thousand dollars, with some high-grade pieces reaching five-figure sums. On the market, the value is often influenced by its grade, rarity, and provenance. The rarity of this coin can cause a dramatic increase in price, particularly for those in exceptional condition or possessing a well-documented history. Collectors highly covet pieces graded by leading services such as PCGS, lending authenticity and assurance of quality.
Numismatic Significance : From a numismatist's viewpoint, the 1804 1/2 Cent Crosslet 4, No Stems captures a fascinating chapter in early American coinage, produced amidst the budding years of the U.S. Mint's growth and operational challenges. The coin represents the changes and variations in minting techniques and designs of the early 19th century. The early 1800s were marked by experimentation and development in minting processes, which led to various die states and varieties in coinage, such as the 1804 1/2 cent. These varieties provide insights into the technological advancements and challenges faced by the U.S. Mint during this period.
PCGS Coin Certification and Details : According to PCGS CoinFacts, which provides detailed insights into coin grading and historical significance, the 1804 1/2 Cent Crosslet 4, No Stems is cataloged under PCGS #1063. Collectors seeking to add this rare piece to their collection highly rely on such certification due to its assessment of a coin's grade, rarity, and market value potential. In sum, the 1804 1/2 Cent Crosslet 4, No Stems stands as a symbol of early American numismatic artistry and historical intrigue. Its rarity and distinctive features make it a distinguished piece for collectors and historians, representing the complexities and evolution of U.S. minting history.