Demand for eye-appealing and premium quality coins pushes Heritage Auctions' July 20 event over $237,000.
This coin is a very intriguing and desirable first year type issue for what is a unique and somewhat overlooked series. The original version variety of the 1840 Proof Half Cent is of the Braided Hair design on the obverse and large round berries on the reverse. The original mintage in 1840 was just 18 coins in total of which it is estimated that all have survived. Overall, this is quite a rare coin worth anywhere between five thousand to over forty thousand dollars depending on the grade.
Obverse Description
Lady Liberty is portrayed with hair tied in a bun, facing left, in what is referred to as the so-called braided hair style. The word LIBERTY appearing on her headband. 13 stars appear continuously around the periphery with the date at the bottom.
Reverse Description
The words UNITED STATES OF AMERICA around the periphery surround a wreath framing the words HALF CENT. The wreath is tied by a bow at the bottom.
Catalog Information
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1861-S Paquet Double Eagle, rare 1930-S Indian Eagle and early U.S. gold also rank among July 16-18 event highlights.
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