1853 1/2C, BN
The 1853 1/2 Cent, BN (Regular Strike) is a part of the Braided Hair design series that was minted from 1840 to 1857. This particular coin, struck in the Philadelphia Mint, holds considerable appeal for collectors due to its historical context and limited availability.
Minting Details
Mint : Philadelphia
Mintage : 129,694 pieces
PCGS Number : 1227
Historical Context and Design : The 1853 Braided Hair Half Cent holds historical significance as part of the last series of half cents struck by the U.S. Mint. This era marked the phasing out of copper half cents, with the Braided Hair design being the final series. The design, created by Chief Engraver Christian Gobrecht, features a classic depiction of Liberty with braided hair, a design revered for its elegance and simplicity.
Rarity and Market Value : The 1853 1/2 Cent, BN, is considered a relatively scarce coin, particularly in higher grades. Factors contributing to its rarity include its limited mintage and age, preserving fewer coins in mint condition over time. Collectors often seek well-preserved examples with attractive surfaces and minimal detracting marks. The value of the 1853 1/2 Cent, BN, varies significantly based on its condition and eye appeal. This coin can range from modest values for well-circulated grades to substantial premiums for those in uncirculated conditions. Recent sales have showcased the premium collectors are willing to pay for specimens possessing strong visual appeal and problem-free surfaces.
Auction Records and Collector Interest : The 1853 1/2 Cent has fetched notable prices in auctions, reflecting keen collector interest. The scarcity in choice conditions makes it periodically seen at major auction houses, where examples with rich brown toning and minimal wear attract competitive bidding. Experienced numismatists find unique characteristics in each coin, considering strike quality, color, and luster while evaluating such pieces. The original mint luster, when present, significantly influences desirability and price.
Investment and Collecting : Investing in the 1853 1/2 Cent, BN could appeal to those interested in mid-19th-century American coinage, offering a tangible link to U.S. economic history. The limited availability in higher grades makes it a compelling choice for collectors focusing on obtaining coins from this intricate series. Dedicated collectors might use high-grade acquisitions of the 1853 1/2 Cent, BN to anchor a thematic collection around U.S. Mint copper coins or to round off a broader series of Braided Hair Half Cents. As always, due diligence, including study and consultation with numismatic experts, can guide the acquisition of authentic and high-quality examples of this historic coin.