1849 1/2C Small Date, Restrike, BN
The 1849 1/2C Small Date, Restrike, BN (Proof) is a fascinating piece that holds notable importance in the realm of numismatics. Minted at the Philadelphia Mint, this coin is classified under an interesting category due to its unique production history and its significance to collectors of early American coinage.
Historical Overview : The mid-19th century was a period of transition and experimentation for the United States Mint. During this time, they produced several restrike coins with a focus on catering to numismatic collectors emerging prominently during the latter half of the century. The 1849 half-cent, specifically the Small Date variety, is a restrike that highlights these developments. These coins were not intended for general circulation; instead, they were struck as proofs to appease the burgeoning collector’s market.
Mintage and Rarity : The 1849 Small Date half-cent restrikes were produced in extremely limited numbers. According to PCGS Coin Facts, the mintage is estimated at only a handful of pieces, although exact numbers were not documented, adding an air of mystery and allure to the coin. The precise number remains speculative among numismatists, contributing to its rarity and desirability. PCGS assigns this coin the catalog number #1305.
Characteristics and Valuation : This particular half-cent displays distinct characteristics. The "Small Date" refers to the font size of the numerals in the date, which is smaller compared to other varieties; this subtle distinction significantly impacts the coin's appeal among specialized collectors. The "BN" designation stands for Brown, indicating the coin's natural and untouched copper patina over time. From a historical sales perspective, the 1849 1/2C Small Date, Restrike, BN (Proof) has fetched impressive prices at auction. Its value is heavily influenced by its rarity, condition, and the specific demand among collectors at the time of sale. For example, it has realized substantial figures in past transactions, with prices often reaching into the tens of thousands for specimens in pristine condition.
Collector’s Insight : Collectors highly prize the 1849 Small Date half-cent restrike for several reasons, including its rarity and the high-quality craftsmanship typical of proof issues of the time. Coin enthusiasts often view it not merely as a coin but as a piece of American history and numismatic art. These restrike proofs offer insights into mid-19th-century minting practices and reflect early American innovation within the coining process. From a numismatist's viewpoint, the coin is not only valued for its scarcity but also for its story. The restrikes tell a narrative about the evolving American minting industry, the rise of coin collecting as a serious hobby, and the Philadelphia Mint's role in shaping early numismatic interests. In terms of SEO, information seekers may look for terms related to 1849 half-cent restrikes, coin rarity, proof coins, and 19th-century American coinage, all of which point them toward understanding this unique numismatic piece. Consequently, this coin continues to be a focal point not only for its monetary value but also as a representation of America’s rich minting heritage.
