1849 1/2C Small Date, Original, BN
The 1849 1/2 Cent Small Date, Original, Brown (BN) Proof is a fascinating and highly sought-after coin by collectors due to its rarity and historical significance. Minted in Philadelphia, this coin is a part of the Braided Hair series, which is the final design series for U.S. half cents. Designer Christian Gobrecht’s iconic artistry is present in this series, and the 1849 half cent represents a crucial point in mid-19th century numismatics.
Mintage and Rarity : The 1849 Small Date Proof has an extremely limited mintage, with just 12 known examples produced according to renowned numismatic sources. These pieces were likely struck for collectors or VIPs as part of a proof set that was not widely distributed. It is highly valued today for its rarity, making it a prized addition to any serious numismatic collection.
PCGS Certification : According to the PCGS CoinFacts, this coin holds the PCGS number 1302. The rarity and historical importance of this coin make it one of the most coveted proofs from this era, often appearing only in significant numismatic auctions or prestigious collections.
Historical Context and Significance : The year 1849 was a vibrant time in American history, with the Gold Rush drawing people to the West, bringing increased demand for various kinds of coinage. However, the half cent — primarily used for small transactions — saw sharply declining usage, making these proofs more about commemorating the era than serving any pragmatic economic function.
Value and Notable Sales : Due to its extreme rarity and collector interest, the 1849 Small Date Proof commands considerable prices at auction. Sales in recent years have brought notable sums, reflecting the strong interest in the half cent proofs among collectors. Millions of dollars have changed hands in acquiring this piece, and its value has shown upward trends, consistent with market interest in rare early American proofs. A notable sale includes a transaction where the coin fetched a price reaching into six figures, showcasing demand by collectors for this scarce piece. Its value appreciation over the years signifies its status as one of the most valuable coins in the half cent series.
Collecting and Investment Potential : For numismatists, owning this coin is often considered a pinnacle achievement given its rarity and the story it tells about mid-19th century America. It not only serves as a cherished item within prominent collections but is also viewed as a reliable investment given its historical significance and proven track record in appreciating value. The distinctive small date variety adds an additional layer of interest for collectors, as different die variations are a key component of numismatic collecting strategies. This makes the 1849 1/2 Cent Small Date Original Proof an exemplary candidate for those looking to expand their collection with pieces that have rich historical narratives and superb aesthetic qualities.
Conclusion : The 1849 1/2 Cent Small Date, Original, BN (Proof) is a testament to the artistry and history encapsulated in early American coinage. With exceedingly few known to exist, this coin remains a crown jewel for collectors, blending rarity with the romance of American history as it narrates a time of change and growth in the United States.
