1843 1/2C Restrike, BN
The 1843 1/2C Restrike, known for its Brown (BN) Proof appearance, is an intriguing piece within the U.S. half-cent series that captures the attention of numismatists and collectors alike. These restrikes are particularly fascinating due to their historical relevance and rarity. Collectors cherish them for their connection to a bygone era, making them a quintessential addition to any comprehensive collection of U.S. coinage.
Mint and Mintage : The 1843 half-cent restrikes were produced at the Philadelphia Mint, which has a long legacy of minting exceptional coins throughout American history. As restrikes, these were not part of the original 1843 mintage intended for circulation; rather, they were struck later for collectors. The exact mintage of the 1843 1/2C Restrike is unknown, but estimates suggest that only a limited number were produced, further enhancing their scarcity and desirability.
Rarity and Value : The rarity of the 1843 1/2C Restrike, BN (Proof) is enhanced by their limited availability, which combined with their historical novelty, makes them a prized target for collectors. Their scarcity in the numismatic market creates a competitive environment, often driving auction prices higher than anticipated. The demand for such restrikes has been consistent, and they often appear as standout pieces in significant auctions. According to recent observations of sales, these coins have fetched robust prices at auction, frequently exceeding the expectations of pre-sale estimates. For instance, a notable transaction saw an 1843 1/2C Restrike, BN in proof condition sold for over $50,000, reflecting both its rarity and the fervent interest it generates among collectors. Actual sales have recently ranged widely depending on the condition and provenance of individual coins.
PCGS Details : The PCGS CoinFacts catalog, which is an authoritative source for information on these coins, lists the 1843 1/2C Restrike, BN under its catalog number 1269. Collectors often refer to this number when discussing the coin's specifications or searching for it in databases.
Collectible Appeal and Historical Insight : From a numismatist's standpoint, the historical significance of the 1843 1/2C Restrike adds to its collectible appeal. These coins were struck during a period when the half-cent denomination was becoming obsolete, yet their production offers insight into the practices of the U.S. Mint during the mid-19th century. Collectors value these pieces for their connection to history, craftsmanship, and the narrative they encapsulate about numismatic practices. The blend of rarity, historical intrigue, and stunning craftsmanship make the 1843 1/2C Restrike, BN (Proof) a sought-after gem in American numismatics. Its history enriches the narrative of U.S. coinage, while its tangible presence continues to captivate the imagination of collectors and historians alike.
