The world of coin collecting is fascinating, with each coin telling a unique story. One remarkable example is the 1809 Classic Head half cent, a coin that has captured the attention of collectors for years. This coin has an impressive history, changing hands several times and appearing in significant collections. In this article, we’ll explore the details of this specific coin, its unique features, and its journey through various auctions. We’ll also discuss its importance in numismatics and why collectors value it so highly.
| Section | Description |
|---|---|
| 1. Introduction | Overview of the 1809 Classic Head half cent and its significance in coin collecting. |
| 2. Overview of the 1809 Classic Head Half Cent | Detailed description of the coin, its features, and significance. |
| 3. Provenance of the Coin | Historical background and previous ownership of the coin. |
| 4. Auction History | Information on sales, prices, and auction results for the coin. |
| 5. Why Collectors Value This Coin | Insights into the historical significance, rarity, and investment potential of the coin. |
| 6. Conclusion | Summary of the coin’s importance and appeal in the world of numismatics. |
| 7. FAQs | Common questions and answers regarding the 1809 Classic Head half cent. |
Overview of the 1809 Classic Head Half Cent
What is a Classic Head Half Cent?
The Classic Head half cent was produced in the United States from 1809 to 1836. This coin features a portrait of Liberty on the front, representing freedom and democracy. The reverse side showcases a simple design with the words “ONE CENT” and a wreath, symbolizing unity.
Key Features of the 1809 Classic Head Half Cent
- Mint State Grade: The 1809 Classic Head half cent we are discussing is graded Mint State 62 by the Professional Coin Grading Service (PCGS). This means it is in excellent condition, showing minimal signs of wear.
- Varieties: This specific coin belongs to the Cohen-2 and Breen-3 varieties, which are specific classifications used by collectors and experts to identify unique features and characteristics of coins.
- Color: It has a beautiful red and brown color, which adds to its visual appeal.
Provenance of the Coin
Historical Background
The provenance, or history of ownership, of this coin is impressive. It has been part of several prestigious collections:
- Massachusetts Historical Society: Initially, this coin was housed in the Massachusetts Historical Society, which highlights its significance.
- William Sumner Appleton’s Cabinet: It is believed that the coin was part of the collection owned by William Sumner Appleton, a noted collector and historian.
- Missouri Cabinet Collection: The coin later became part of the Missouri Cabinet Collection, created by well-known collectors Eric P. Newman and R. Tettenhorst. This collection is famous for its quality and variety.
Auction History
Sales and Prices
The journey of this coin through auctions has been noteworthy:
- Stack’s Bowers Galleries and Sotheby’s (2017): On March 31, 2017, the coin sold for $10,575 at the Part V auction of the D. Brent Pogue collection.
- Goldberg Auctioneers (2014): Before that, it was auctioned in January 2014 for an impressive $17,825, highlighting its increasing value over time.
- Recent Sale (2023): In a more recent auction on June 20, 2023, the coin realized $15,750, falling between the prices from the previous auctions.
Expert Reviews
Each cataloger who reviewed the coin praised its warm color and bold luster. However, they also noted a light crack between certain stars on the design, which is important information for potential buyers and collectors.
Why Collectors Value This Coin
Historical Significance
Collectors are drawn to this coin not just for its beauty but also for its rich history. The connections to prominent collections and historical figures like William Sumner Appleton and Eric P. Newman enhance its allure.
Rarity and Condition
Coins like the 1809 Classic Head half cent are rare, especially in such high grades. The limited number of coins available and their condition make them sought-after items in the numismatic market.
Investment Potential
Coins are often seen as investment opportunities. The increasing sale prices of this half cent over time suggest that it could be a wise investment for collectors looking to build their portfolios.
Conclusion
The 1809 Classic Head half cent is much more than just a coin; it is a piece of history. With its impressive provenance, stunning design, and significant auction history, this coin embodies the passion and dedication of numismatics. Collectors appreciate not only its beauty but also the stories it tells about the past and the collectors who have valued it over the years. As the coin market continues to evolve, the Classic Head half cent will likely remain a treasure sought after by many. Whether you are a seasoned collector or just starting, understanding the significance of coins like this one enriches your experience and appreciation of this fascinating hobby.
FAQs
1. What is the 1809 Classic Head half cent?
The 1809 Classic Head half cent is a coin produced in the United States from 1809 to 1836. It features a portrait of Liberty on the front and “ONE CENT” on the reverse.
2. What makes the 1809 Classic Head half cent special?
This coin is special due to its historical significance, low mintage, and unique grading. It is also part of prestigious collections and has a rich provenance.
3. How is the coin graded?
The coin is graded by professional services like the Professional Coin Grading Service (PCGS). The 1809 Classic Head half cent discussed in this article is graded Mint State 62.
4. What is the auction history of the 1809 Classic Head half cent?
The coin has sold at various auctions, including for $10,575 in 2017 and $15,750 in 2023. Its value has fluctuated, reflecting its desirability among collectors.
5. Why do collectors invest in coins like the 1809 Classic Head half cent?
Collectors invest in such coins because of their historical significance, rarity, and potential for appreciation in value over time.