1811 1/2C, BN
The 1811 Classic Head Half Cent is a fascinating coin with a particularly intriguing background that attracts the attention of collectors and numismatists alike. Known for its distinct design and relative rarity, this coin is a celebrated piece of early American numismatics.
Mint and Mintage : The 1811 Half Cent was minted at the Philadelphia Mint, which was the only mint in operation in the United States at the time. The mintage for this year was quite low, with only 63,140 coins produced. This limited production contributes significantly to its rarity, making it a coveted piece for collectors.
PCGS Information According to PCGS CoinFacts, the PCGS coin number for the 1811 1/2C Classic Head Half Cent is 1135. The PCGS grading system evaluates these coins with recognition for their scarcity in higher grades, prioritizing such aspects for collectors who take pride in obtaining high-grade antique coins.
Design and Features The 1811 Half Cent, classified under the "Classic Head" design, which ran from 1809 to 1836, stands out for its appeal. Designed by John Reich, the obverse features a left-facing profile of Liberty, adorned with curly hair, and the word "LIBERTY" inscribed on her headband. Thirteen stars encircle the edge, representing the original thirteen colonies, with the date placed below. The reverse illustrates an intricate wreath encircling the denomination "HALF CENT," with the phrase "UNITED STATES OF AMERICA" around the perimeter. Its distinctive style and historical significance place this coin among the highlights of early American currency.
Rarity and Market Value The 1811 Half Cent is quite rare, especially in higher grades. Its scarcity is accentuated by the fact that many coins have not survived the passage of time in well-preserved conditions. Collectors have a particular interest in specimens with clear dates and less wear, which are notably scarce. Prices for the 1811 Half Cent dramatically vary based on the condition and grade. Lower-grade pieces may fetch values in the hundreds of dollars, while mint state examples can command prices in the thousands. For instance, coins graded MS62 by PCGS have been known to sell at substantial premiums due to their condition rarity.
Notable Sales In the market, certain sales highlight the coin's numismatic value. An auction by a reputed numismatic firm recorded an auction price of several thousand dollars for a near-mint state 1811 Half Cent, showcasing the high demand and interest from collectors. Additionally, historical auctions of similar pieces reach significant sums, adding allure to the coin’s already impressive pedigree.
Historical Context From a historical perspective, this coin came at an era of expansion and development in the young United States. Amidst the War of 1812 and the burgeoning industrialization, the 1811 Half Cent serves as a numismatic window to a dynamic period in American history, reflecting not just economic conditions but the artistic and cultural currents of its time. The 1811 Half Cent is an essential piece for those invested in early U.S. coins, treasured for its rarity, condition-sensitive market, and historical narrative. Whether you are a seasoned collector or an enthusiastic numismatist, acquiring this coin in any condition provides insight into an evocative chapter from America's past, where liberty and growth were earnestly coined into existence.