1808 1/2C, BN
The 1808 1/2C (Half Cent) with the “BN” designation stands for “Brown,” indicating the coin's specific color characterization in terms of condition or patina. This particular coin, minted at the Philadelphia Mint, represents a fascinating piece of early American numismatic history. The small variety of the 1808 half cent makes it particularly noteworthy among collectors, as this was the only year the small 8 variety was struck, adding an element of uniqueness and scarcity.
Mint and Mintage Information
Mint : Philadelphia
Mintage : Approximately 400,000
PCGS Number : 1119
Rarity and Collectibility The rarity of the 1808 1/2C, BN, is attributed to its limited mintage and its age, reflecting over two centuries of circulation and environmental exposure. Due to these factors, the availability of examples in higher grades, especially those with well-preserved details, is somewhat limited. Collectors particularly seek the varieties that came out during the early 19th century, making this coin quite desirable.
Historical Significance From a numismatic perspective, the 1808 half cent is significant because it represents an era when the United States was still in its numismatic infancy. This year marked one of the many releases of the Classic Head series, showcasing Liberty facing left with a headband inscribed with the word "LIBERTY." The reverse features a simple yet elegant wreath design encircling the denomination.
Market Value and Recent Sales The 1808 1/2C, BN, can vary significantly in value based on its condition. Prices can range from a few hundred dollars for coins in good condition to several thousand for coins in mint state or those with exceptional eye appeal. Sales at major coin auctions often highlight these values, with certain high-grade coins achieving significant premiums. One exceptionally preserved example might have fetched upwards of $5,000 or more at auction. For instance, coins in MS65 condition have been known to reach impressive heights within the numismatic community, underscoring their role as centerpieces within a collection.
Collecting the 1808 1/2C Investing in and collecting the 1808 1/2C, BN, involves considering both historical resonance and the potential for appreciation. As such, collectors often seek coins authenticated and graded by reputable services such as PCGS, which not only confirm the coin's authenticity but also provide valuable insights into its condition and value tiering. Overall, the 1808 1/2C, BN, stands as a testament to early American minting prowess. It remains a revered artifact, bridging the temporal gap between colonial America and today's diverse numismatic landscape. Collectors view this coin not only as an investment but as a tangible connection to the past.