1849 1/2C, BN (Regular Strike)
The 1849 1/2C, BN (Braided Hair Half Cent) is a noteworthy coin for collectors, representing the penultimate year of issue for half cents, with its series ending in 1857. Minted in Philadelphia, this coin is part of the Braided Hair series which began in 1840. The design features the classic Liberty Head with braided hair, an iconic representation of 19th-century American coinage. In terms of rarity, the 1849 half cent is relatively common within the series, but still holds significant allure for collectors due to its age and historical context.
The mintage for this year was 39,864, which is considered fairly substantial for the series, though survival rates do influence current availability. This coin’s value is generally dependent on its condition and grade. In lower grades, the coin might not command significant premiums. However, in higher states, especially in Mint State (MS) conditions, it can fetch hundreds to thousands of dollars. For example, at an auction, a superior graded MS coin can sell notably higher than its counterparts in lesser conditions.
Close inspection of past sales reflects that beautifully preserved specimens attract considerable bidder attention, reflecting the keen interest in rare, high-grade examples among numismatists. Historically, from a numismatist's perspective, the Braided Hair half cents encapsulate a period in U.S. monetary history when smaller denominations were still a vital part of American commerce. The 1849 edition further gains intrigue from being produced during an era of significant growth and change in the United States, just as the Gold Rush was beginning. For enhanced recognition, collectors often seek coins that display strong detail with clearly visible features, even coloration, and minimal signs of wear.
The coins graded as Brown (BN) have a classic appeal due to their aged patina, which many collectors find desirable. The PCGS (Professional Coin Grading Service) identification number for this coin is #1218, per the PCGS CoinFacts database. Market trends from prominent auctions indicate that the 1849 1/2C is a sought-after piece due to its historical significance and the completion opportunities it offers for type or date mint sets. Its presence in renowned auctions signifies its steady demand, locking it as a staple for collectors seeking to showcase a comprehensive collection of American coin history. This historical, yet accessible coin remains a focus for both seasoned numismatists and new collectors intrigued by the tangible link to America's financial past during a transformative mid-19th century era.