1845 1/2C Original, BN
The 1845 1/2 cent Original, BN (Proof) is a fascinating piece for numismatists and coin aficionados. Struck during a period when proof coinage was not commonly produced by the U.S. Mint, this particular half-cent holds historical significance and rarity that captivate collectors today.
Historical Context and Mint Details : Produced at the Philadelphia Mint, the 1845 half-cent is part of the Braided Hair series, which ran from 1840 to 1857. It features the iconic portrait of Liberty on the obverse, designed by Chief Engraver Christian Gobrecht, wearing a coronet inscribed with "LIBERTY." The reverse showcases the denomination within a wreath, surrounded by "UNITED STATES OF AMERICA."
Mintage and Rarity : The official mintage of proof half-cents in 1845 is not well-documented, largely due to the mint's sporadic production of proofs during this time. Estimates suggest that fewer than 20 specimens may have been struck, highlighting the extreme rarity of this coin. The limited mintage caters to the demands of collectors and numismatists who cherish early American coinage, making it one of the most sought-after proofs.
PCGS Classification and Rarity : The Professional Coin Grading Service (PCGS) recognizes the 1845 1/2C Original, BN (Proof) under the PCGS #1278. Its rarity is underscored by its listing in the PCGS CoinFacts, which stresses that only a handful of these coins are known to exist in any grade.
Valuation and Notable Sales : The value of the 1845 1/2 cent proof can vary significantly, influenced by factors like condition and market demand. Historically, auction records have shown impressive figures; examples in higher grades often sell for tens of thousands of dollars. Individual sales have showcased the coin's value, with some fetching between $30,000 and $70,000 at auction, depending on the grade and specific attributes such as toning and overall eye appeal. The proof designation further enhances the coin's desirability, as proof coins from the mid-19th-century U.S. Mint operations are exceedingly rare. Collectors regard the 1845 half-cent proof as a unique specimen, often competing fervently in auctions to acquire this splendid piece.
Numismatic Significance : The numismatic interest in the 1845 1/2C Original, BN (Proof) lies not only in its rarity and exquisite production quality but also in its representation of the early proof minting process. It is a testament to the craft and evolving techniques of the U.S. Mint, providing a tangible connection to the minting practices of the mid-19th century. This coin holds a revered place within collections, appealing to those who value both numismatic rarity and American history. For professional numismatists and collectors alike, the 1845 half-cent proof remains a prized acquisition, a true gem amid early American coinage.
