1847 1/2C Restrike, BN
The 1847 1/2 cent restrike, BN (Brown) in proof condition is a fascinating piece of numismatic history, notable for its rarity and historical significance. These half cents are an intriguing product of the mid-19th century, produced as restrikes rather than regular circulation coins. From a numismatic perspective, the 1847 Proof Braided Hair Half Cent represents an era where coin collecting was just gaining popularity in America. The original strikes of 1847 saw a relatively large mintage for half cents, but the proof restrikes are much rarer and were likely made for collectors during the 1850s or even later. The restrikes were crafted at the Philadelphia Mint, known for producing exquisite proof coinage during this period.
The rarity of this coin in proof condition makes it highly desirable among collectors. With a low mintage of approximately 27 restrikes, as estimated by numismatic experts, their appearance at auction is an event keenly watched by enthusiasts. The coin’s desirability is amplified by its status as a restrike, adding a layer of historical intrigue. Over the years, these coins have seen significant interest at auctions, with prices reflecting their rarity and condition.
For instance, an 1847 1/2C restrike has been sold for prices ranging substantially based on grade and eye appeal, with some high-grade specimens selling for upwards of $10,000. The proof condition, particularly with a BN (Brown) designation, highlights the natural toning and original mint luster, characteristics that are prized by purists in the numismatic community. From a historical standpoint, these coins offer insights into mint practices of the era, specifically their policy on restrikes and the catering to collectors.
This aspect is particularly alluring, as it showcases a time when the line between official mint issues and private collector pieces was more fluid. According to PCGS CoinFacts, which is an authoritative source in the numismatic world, the PCGS number for the 1847 1/2C restrike, BN, is #1293. This identifier helps in cataloging and authenticating the coin in collections and auctions. These proof restrikes are more than just collectibles; they are tangible pieces of history that connect modern collectors with the early days of American numismatics. Their limited mintage, combined with a rich backdrop of 19th-century minting practices, ensures that they will continue to be coveted by collectors for generations to come.
