1848 1/2C Original, BN
The 1848 1/2 Cent Original, BN (Proof) is a captivating piece of numismatic history, celebrated for its rarity and historical significance. Struck at the Philadelphia Mint, this proof coin is one of the most elusive pieces in the half-cent series. As one of the rarest proofs of the Braided Hair design, its allure stems not only from its scarcity but also from its exquisite craftsmanship and impeccable detail.
The 1848 1/2 Cent BN Proof is recognized by collectors and historians as one of the defining coins of mid-19th century America. The proof's rarity is accentuated by its limited mintage, which is believed to be in the low double digits. According to PCGS CoinFacts, the mintage for this particular issue is a mere handful, marking it as a scarce artifact for collectors striving to complete their collections of early American coinage. It is estimated that fewer than 15 pieces exist today, making it an exceptional find for collectors. PCGS (Professional Coin Grading Service) has cataloged this enchanting coin under the coin number 1296. The surviving examples of the 1848 1/2 Cent Original, BN (Proof) are primarily in collections that focus on high-quality specimens, given its unique status and the value attached to such coins.
From a numismatist point of view, the 1848 1/2 Cent Original, BN (Proof) holds significant historic importance. It is a symbol of the era's economic conditions and the methodical nature of minting processes of the time. The Braided Hair design, which features Liberty with braided locks and the inscription "LIBERTY" on the obverse, along with the denomination and laurel wreath on the reverse, is revered for its artistic beauty. The auction history for the 1848 1/2 Cent Original, BN (Proof) reflects its desirability and value among enthusiasts and investors. Sales data indicate that whenever this coin appears at auction, it commands impressive prices, often reaching tens of thousands.
Previous sales have seen this coin achieve remarkable figures, illustrating its status as a coveted piece. For example, past auctions have showcased this coin fetching in the range of $40,000 to $50,000, attributable to its near-pristine condition and rarity. Enthusiasts who study its history find that the 1848 1/2 Cent Proof represents more than just currency; it embodies the artistry and meticulous mint practices of its time. It remains a focal point of American numismatic collections and continues to be a target for seasoned collectors eager to own a piece of history. In conclusion, the 1848 1/2 Cent Original, BN (Proof) is a rare gem in the world of numismatics. Its captivating historical significance, artistic allure, and scarcity make it a remarkable addition for collectors. The coin’s presence in auctions and its premium value further cement its position as an extraordinary specimen in American numismatic circles.
