1805 1/2C Small 5, Stems, BN
The 1805 1/2C Small 5, Stems, BN (Regular Strike) is a notable American coin that holds a special place in the early numismatic history of the United States. Minted by the Philadelphia Mint, this coin is part of the Draped Bust Half Cent series and is highly sought after by collectors due to its rarity and historical significance.
Rarity and Mintage The 1805 Draped Bust Half Cent is known for its limited mintage, which contributes to its rarity in today's market. According to PCGS Coin Facts, the mintage for this particular variant is 814,464 coins. However, the survival rate for this specific type—Small 5, Stems, BN—is low, making it a coveted piece for numismatists. Its rarity is heightened by the challenges of striking these coins accurately during the early 19th century, often leading to issues with details and quality in surviving specimens. The PCGS population report further indicates that only a limited number of these coins have been graded, underscoring their scarcity.
Historical Significance The 1805 1/2 Cent represents an era of burgeoning independence and economic growth in the United States. This series follows the original Liberty Cap Half Cents and reflects a nascent nation's efforts to establish a robust monetary system. The Draped Bust design by Robert Scot was inspired by the neoclassical ideals of beauty and was prominently featured on several coin denominations.
Value and Sales The value of the 1805 1/2C Small 5, Stems, BN can vary significantly based on its condition, provenance, and market demand. Auction records show that prices for this coin in lower grades such as Good to Very Good often start in the hundreds of dollars. In higher grades, such as Extremely Fine and Mint State, the value can soar into the thousands. Notable transactions have seen coins from this series fetch substantial sums, reflecting their desirability among collectors. For instance, a coin graded XF40 might sell for several thousand dollars depending on the market conditions and specific interest among bidders. Additionally, coins with impeccable provenance or those that have been part of prestigious collections can command even higher prices. Several sales through prominent auction houses have highlighted the competitive nature of acquiring high-grade examples of this coin.
Collector Insights For collectors, the 1805 1/2C Small 5, Stems, BN offers an intriguing blend of historical importance and numismatic challenge. Completing a Draped Bust Half Cent set with this rarity requires patience, dedication, and often significant financial investment. Owning an 1805 1/2C in high-grade condition provides not only a sense of accomplishment but also the potential for appreciation in value, given its limited availability and desirability among enthusiasts. As with many early American coins, those interested in acquiring this piece are advised to consider factors such as authenticity, grading, and eye appeal, while ensuring purchases come from reputable dealers or through reliable auction platforms.
Additional Information PCGS # is a unique identifier used to catalog the 1805 1/2C Small 5, Stems, BN, providing a reference for collectors and dealers. This coin represents a crucial piece of the Draped Bust series puzzles, appealing to both traditional enthusiasts and newer collectors fascinated by early American numismatic art. In sum, the 1805 1/2C Small 5, Stems, BN embodies a vivid chapter of early American history and numismatics, offering substantial allure and value to those fortunate enough to secure this rarity in their collections.