1857 1/2C Restrike, BN
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The 1857 1/2C Restrike, BN (Proof) is a fascinating piece of numismatic history renowned for its rarity and storied past. Minted during a transitional period for the United States coinage system, this particular coin holds significant interest for collectors, historians, and numismatists alike.
Mint and Mintage Produced at the Philadelphia Mint, the 1857 Half Cent Restrike is part of the C-1 variety. The half cent series ceased its regular mintage in 1857, making this restrike an intriguing footnote from the end of the era. The term "Restrike" identifies coins struck years after the original mintage halted, often using original dies. The mintage for this proof coin is incredibly low, with only an estimated few dozen existing, leading to its high demand and collectible status.
PCGS and Coin Details According to PCGS CoinFacts, the Proof 1857 1/2C Restrike owns a PCGS designation number of 35429. This reference is vital for collectors seeking to verify the coin’s authenticity and trace its grading history. As a Brown (BN) proof, the coin is noted for its deep brown toning, a characteristic of interest among collectors of classic proofs.
Rarity and Market Performance The 1857 1/2C Restrike, BN (Proof) is considered a rarity, appealing to collectors due to its unique production story and low mintage. The scarce availability and exquisite craftsmanship of the dies used in its creation elevate its status in the numismatic community. Auctions have reflected its desirability, with past sales demonstrating consistent appreciation in value. - Notable auction data shows that these coins have fetched prices ranging into several tens of thousands of dollars, often being a showpiece in any substantial collection of US cents. - Sales records indicate instances where the coin has reached extraordinary heights at auction, especially in high grades, solidifying its standing as a trophy asset for serious collectors.
Historical Context From a numismatist's perspective, the 1857 1/2C Restrike represents an era of experimentation and transition. 1857 marked the termination of the half cent denomination, coinciding with the introduction of the small-sized one-cent piece, hence it occupies a critical junction in US coinage evolution. The restrikes were presumably crafted under the direction of Mint officials like James Ross Snowden, who was known for creating proof restrikes for collectors during this period. These coins served as historical commemorations rather than circulating currency, highlighting the intricate artistry and minting techniques of the time.
A Numismatist's View To the discerning numismatist, the 1857 1/2C Restrike, BN, not only reflects exquisite artistry but also narrates a story of economic evolution and the intricate workings of the U.S. Mint. The combination of its historical context, striking beauty, and undeniable rarity provides both a challenge and a delight in collecting, fueling scholarly discussion and persistent demand. This compelling blend of history and rarity continues to make the 1857 1/2C Restrike, BN a highly sought-after gem within the numismatic community, holding a permanent place in the annals of collectible American coinage. Collectors are often captivated by its exceptional background and the opportunity to possess a piece of 19th-century mint mastery.
