1804 1/2C Plain 4, No Stems, BN
1804 1/2¢ Plain 4, No Stems, BN (Regular Strike): An In-Depth Look at Rarity, Mintage, and Value
The 1804 1/2 Cent Plain 4, No Stems, BN is a significant piece for collectors and numismatists. Produced as part of the Early American Copper Coin series, it is distinguished by its unique features and scarcity. Struck at the Philadelphia Mint, the coin lacks stems in the wreath on the reverse, differentiating it from other varieties.
Mint and Mintage
Mint : Philadelphia
Mintage : Approximately 1,055,312 Despite a decent mintage number, finding this coin in pristine condition is quite challenging, adding to its rarity and desirability among collectors. The production process during this era often resulted in coins with strikes that vary in quality, and well-preserved examples are in great demand.
PCGS CoinFacts Insights
PCGS Number : 1063
Classification : Draped Bust Half Cent
Composition : 100% copper
Diameter : Approximately 23.5 mm -
Edge : Plain
Rarity and Collectibility : The 1804 1/2 cent with the Plain 4 and No Stems is particularly prized for its rarity in high-grade conditions and its historical significance. Since the early copper coins were heavily circulated, finding one with minimal wear is rare. From a numismatist's perspective, the absence of stems on the reverse wreath, combined with the "Plain 4" in the date, distinguishes it within the 1804 varieties. Additionally, the coin's rarity is compounded by its place in the Draped Bust series, which is known for its complex history and variations.
Market Value and Historical Sales : The market value of the 1804 1/2C Plain 4, No Stems is influenced by its condition, provenance, and demand among collectors. Auction results show a range of sales figures depending on the coin's grade. High-grade examples, especially those graded Mint State, have fetched significant premiums at auction. Recent sales have demonstrated the demand for coins with exceptional surfaces and minimal blemishes. For instance, coins graded MS63 or higher have commanded prices upwards of $12,000. Lower-grade coins in the AU category may realize between $1,000 to $3,000, reflecting their rarity and collector interest.
Historical Context : The 1804 half cent encapsulates a crucial period in early American numismatics. This coin not only represents everyday transactions of the early 1800s but also reflects the technical and artistic transitions happening within the U.S. Mint during that era. Collectors highly value the 1804 issue for its beauty and historical context, as well as its numerous varieties. It is a testament to the evolving craftsmanship of the period, and its survival over more than two centuries speaks to its importance and enduring appeal. In conclusion, the 1804 1/2C Plain 4, No Stems, BN stands out for its unique characteristics and historical importance. Its position within the numismatic world is solidified by its scarcity and appeal to collectors of early American copper.