1835 1/2C, BN
The 1835 Classic Head Half Cent, identified as 1/2C BN (Brown) in proof condition, embodies a distinct period in American coinage. Produced by the Philadelphia Mint, this rare coin is part of a unique series known for its historical significance and distinct design, crafted by Chief Engraver William Kneass. This piece not only stands out due to its intricate artistry but also due to the extremely limited number struck, making it highly coveted among collectors.
Production and Rarity The 1835 1/2C Proof is listed with a notably low mintage that contributes significantly to its rarity and subsequent desirability. Historically, its production was extremely limited—estimated at fewer than 20 pieces, specifically crafted for collectors and VIP presentations rather than for general circulation. This limited mintage reflects the minting practices of the early 19th century, where proofs were often struck in minimal numbers for special purposes.
PCGS Information According to PCGS CoinFacts, the 1835 1/2C Proof is cataloged under the PCGS #1204. Its rarity is underlined by the fact that few have been graded by leading institutions, attesting to the coin's scarcity in the numismatic market. The survival rate of such coins is minimal, explaining the high demand and interest from numismatists.
Market Value and Sales History The value of the 1835 1/2C Proof, BN, varies depending on condition and certification. High-grade examples can command significant premiums at auction houses. Recent sales have indicated that this coin can achieve values in the mid to high five-figure range, depending on its eye appeal and provenance. These coins often appear in renowned auctions, where they are eagerly pursued by collectors seeking to complete their classic half-cent series or enhance their numismatic collections with such a coveted rarity.
Historical Context From a numismatic point of view, the 1835 Classic Head Half Cent stands as a testament to the economic and political climates of its time. Designed during a tumultuous period in American history, it reflects the aesthetic preferences and technical capabilities of early 19th century America. Collectors appreciate these pieces not only for their physical characteristics but also for the story they tell about the era of their creation.
Investing and Collecting For collectors, the 1835 1/2C Proof is an investment not just in a physical object, but in a piece of history. Its rarity, coupled with the historical narrative intrinsic to its creation and circulation, makes it a cornerstone piece for serious numismatists. As with many collectible coins, its value is likely to appreciate given its scarcity and historical importance. In conclusion, the 1835 Classic Head Half Cent Proof BN epitomizes a unique blend of rarity, artistry, and historical significance. Its limited mintage, backed by data from PCGS CoinFacts, cements its status as a sought-after numismatic treasure. Through auction records and verified sales, its enduring value within the coin collecting community is continually affirmed, making it a must-have for distinguished collectors.