1832 1/2C, BN
The 1832 1/2 Cent, BN (Proof) is a highly prized specimen within numismatic circles, primarily due to its extreme rarity and historical significance. As the production of half cents dwindled in the early 19th century, these coins became more scarce, especially in proof condition. For collectors, the 1832 Proof half cent stands out not only for its exceptional rarity but also for its aesthetic appeal, often showcasing reflective mirror-like fields and sharp details.
Mint & Mintage : The 1832 half cent was produced at the Philadelphia Mint. The mintage for business strikes is documented at around 51,000 pieces, but the exact number of proof specimens struck is unknown. Estimates suggest that fewer than two dozen proof examples exist today, enhancing their allure among collectors.
PCGS Information : According to PCGS CoinFacts, the 1832 1/2 Cent, BN (Proof) holds the PCGS #1195, and is classified among the early American copper coins that serious numismatists seek. Its designation as “BN” refers to its "Brown" color tone that results from the aging process of the copper, offering a unique patina that collectors appreciate.
Value and Auction Sales : The value of the 1832 Proof half cent can vary widely based on its condition and provenance. Recent sales data has shown that these coins can command impressive prices at auction. For example, 1832 Proof half cents in high-grade conditions have fetched upwards of $75,000 to $100,000. Such notable sales underscore the coin's status as a coveted piece for advanced numismatists.
Historical Context and Numismatic Insights : From a historical standpoint, the 1832 half cent represents an era of transition in American coinage. The early 1830s was a period when the U.S. Mint was experimenting with coin designs and denominations. As a result, half cents were produced in limited numbers, and the proofs were likely struck for collectors or dignitaries, explaining their rarity. This piece stands as a testament to early American craftsmanship in coinage. Collectors are particularly drawn to the 1832 1/2 Cent, BN (Proof) not just because of its rarity, but also due to its beauty and the detailed classical design by John Reich, featuring the head of Liberty with a cap. The reverse displays a simple yet elegant wreath encircling the denomination, which holds a charm that resonates with lovers of early American numismatics. For those interested in acquiring an 1832 Proof half cent, patience and vigilance are key, as these coins surface at major auctions sporadically. The combination of historical significance, rarity, and visual appeal make it a treasured acquisition, elevating any esteemed collection of U.S. coins. Enthusiasts and historians alike appreciate its rarity, and when such pieces become available, they spark significant attention and competitive bidding among collectors.