1809 1/2C Circle in 0, BN
The 1809 1/2 Cent, also known as the Classic Head Half Cent, is an intriguing piece for numismatists and collectors due to its historical significance and rarity. Minted in 1809 in the first Philadelphia Mint, this coin represents the early years of American coinage when the nation was solidifying its monetary system.
Rarity and Mintage This half cent coin is considered rare, particularly in high grades. Mintage numbers for the 1809 1/2 Cent were relatively low compared to modern mintages, with approximately 1,154,572 pieces struck. As one of the early issues of the Classic Head design, it was crafted from copper and designed by John Reich, who is well-known for his artistry in American coinage design.
Historical Context The Classic Head series, to which the 1809 1/2 Cent belongs, was minted between 1809 and 1836. This series is significant as it reflects a period of experimentation and transition in U.S. coinage design. The production of copper half cents was essential during this time due to the lack of small denomination coinage necessary for everyday transactions, especially in a burgeoning economy.
Value and Market Performance The value of the 1809 1/2 Cent varies significantly based on its condition. Coins of this year in Good (G-4) condition typically sell for around $100 to $200, while those in higher grades like Extremely Fine (EF-40) can reach values of $1,000 or more. Mint State examples can command even higher prices, often exceeding several thousand dollars, especially if they are among the finest known specimens. Recent sales data underscore this value disparity. At a 2022 auction, an 1809 1/2 Cent in PCGS-graded Mint State 63 sold for $7,500, highlighting the investment potential and desirability of these coins in superior conditions. Among collectors, the "BN" designation, indicating a Brown color grade, affects the coin's value alongside its technical grade and eye appeal.
Numismatist Perspective From a numismatist point of view, the 1809 1/2 Cent is a captivating piece, not only due to its historical ties but also because of the craftsmanship and aesthetic appeal. The Classic Head design features a youthful representation of Liberty, facing left, surrounded by 13 stars, symbolizing the original colonies. This coin is also part of the widely studied era of early 19th-century American coinage, which attracts collectors interested in the early U.S. Mint's operations and the nuances of coin production technologies of the time. The issues of circulation, where many coins were lost or suffered significant wear, contribute to the allure and rarity of high-grade examples today.
Mint and PCGS Certification According to PCGS Coin Facts, the 1809 1/2 Cent carries the PCGS #1129. The coin's specifications include an edge that is plain, which was typical of half cents produced during this era. Its certification by PCGS adds credibility and helps ensure the coin's authenticity and condition, which is crucial for collectors and investors seeking reliable assessments of their numismatic investments. As resources like CoinFacts.com suggest, having a well-documented provenance and certification significantly enhances a coin's appeal in the competitive market of numismatic collectibles.