David Lawrence Rare Coins Auction Highlights: The 1831 Classic Head Half Cent Shines

The 1831 Classic Head half cent is a unique and valuable coin that collectors prize. It’s known for its interesting history and beauty. This article will explain what makes this coin special, the differences between the original and restrike versions, and what it sold for at a recent auction. Whether you’re new to coin collecting or just curious, you’ll learn a lot about this fascinating piece of history.

FeatureDetails
Coin Name1831 Classic Head Half Cent
DesignerRobert Aitken
Obverse DesignA seated figure of Liberty (Minerva) alongside a bear
Reverse DesignWreath with the word “STATES”
Original StrikesApproximately 26 total; only about a dozen believed to exist today
Auction DateJune 20, 2023
Auction HouseDavid Lawrence Rare Coins
Sale Price of Original Strike$76,300
Sale Price of Second Restrike$44,225
GradingOriginal: PCGS Proof 61; Second Restrike: PCGS Proof 66 brown
Color ToningOriginal: Mahogany tones with rose, lavender, and sea-green iridescence
Key Identification FeatureThe right side of the second “S” in “STATES” aligns with the tip of the wreath’s leaf
Type of CoinCommemorative coin, classic American numismatic item

What is the 1831 Classic Head Half Cent?

The 1831 Classic Head half cent is a small coin that was minted in the United States. It features a design known as “Classic Head,” which shows a young woman’s profile on one side and the word “STATES” along with a wreath on the other side. This coin is part of a larger series that collectors often seek out because of its historical significance and beautiful design.

The Importance of the Original Strike

The original strike of the 1831 half cent is particularly valuable. Only about a dozen of these coins are known to exist from the original 26 proof strikes. This means they are quite rare and sought after by collectors. One of the key features that identify the original piece is the position of the second “S” in “STATES,” which lines up with a leaf in the design.

Auction Highlights

Recently, at the David Lawrence Rare Coins auction on June 20, a Professional Coin Grading Service (PCGS) Proof 61 red and brown 1831 Classic Head half cent led the auction. It sold for an impressive $76,300. This coin stood out not only because of its rarity but also because it was described as “an exciting survivor and as affordable of an example as one will find.” The coin’s rich mahogany tones, combined with hints of rose, lavender, and sea-green iridescence, made it even more appealing to collectors.

What is a Restrike?

In the world of coin collecting, a restrike is a coin that is struck after the original minting period but is made to look like an original coin. For the 1831 Classic Head half cent, restrikes were also produced. These coins used the reverse design of the later Braided Hair half cent type and were not made at the same time as the originals.

In the same auction, an 1831 “Second Restrike” was sold, graded PCGS Proof 66 brown. This coin sold for $44,225. Even though it is a restrike, it is still valued highly among collectors.

Why Collect Coins?

Coin collecting is a hobby enjoyed by many people. It combines history, art, and finance. Collectors appreciate the stories behind each coin and how they fit into larger historical events. Coins like the 1831 Classic Head half cent not only represent monetary value but also connect us to our past.

Conclusion

The 1831 Classic Head half cent is more than just a piece of currency; it is a slice of American history. With only a few original strikes remaining, its rarity makes it highly desirable among collectors. The recent auction prices reflect the coin’s significance and beauty, showcasing the passion that drives numismatics. Whether you’re just starting or have been collecting for years, understanding coins like this one can deepen your appreciation for the art and history they represent.

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FAQs

1. What is the 1831 Classic Head Half Cent?

The 1831 Classic Head Half Cent is a rare U.S. coin featuring a design known as “Classic Head.” It has a profile of Liberty and is part of the classic commemorative series.

2. How many original strikes of the 1831 Classic Head Half Cent exist?

Out of the original 26 proof strikes, only about a dozen are believed to survive today, making them very rare and sought after by collectors.

3. What distinguishes the original strikes from the restrikes?

The original strikes are identified by the alignment of the second “S” in “STATES” with the tip of a leaf on the wreath. Restrikes were made later and use a different reverse design.

4. How much did the 1831 Classic Head Half Cent sell for at the recent auction?

The original strike sold for $76,300, while a second restrike sold for $44,225.

5. What are the grading systems for coins?

Coins are graded based on their condition, with systems like PCGS (Professional Coin Grading Service) providing a score. For example, the original strike was graded PCGS Proof 61, while the second restrike was graded PCGS Proof 66 brown.

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