Demand for eye-appealing and premium quality coins pushes Heritage Auctions' July 20 event over $237,000.
The 1856 Proof Half Cent is of the Braided Hair design. The mintage in 1856 was a very high total with around 225 coins struck in which 50-60 are estimated to survive. The Reverse of 1856 variety is an ideal type coin for the series as there are quite a few to choose from. The 1856 and 1857 round out this denomination with large mintages ready for a fine collection.
According to numismatic researcher, Mark Borckhardt, there are two known reverse dies for the 1856 half cent: reverse of 1854, and reverse of 1856. The reverse of 1854 features a die chip on I, a left-over from 1854. The reverse of 1856 has berries below first A of AMERICA disconnected or nearly so. The branch stem loop right of T in CENT is nearly gone. These features are due to the progressive failure of the working hub.
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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Values
| Grade | CAC | CPG Value (Retail) | Greysheet Price (Wholesale) |
|---|---|---|---|
| PR67 |
|
$20,000 | $1,234 |
| PR67 | - | $17,000 | $1,234 |
| PR66 |
|
$1,234 | $1,234 |
| PR66 | - | $1,234 | $1,234 |
| PR65 |
|
$1,234 | $1,234 |
| PR65 | - | $1,234 | $1,234 |
| PR64 |
|
$1,234 | $1,234 |
| PR64 | - | $1,234 | $1,234 |
| PR63 |
|
$1,234 | $1,234 |
| PR63 | - | $1,234 | $1,234 |
| PR62 |
|
$1,234 | $1,234 |
| PR62 | - | $1,234 | $1,234 |
| PR61 |
|
$1,234 | $1,234 |
| PR61 | - | $1,234 | $1,234 |
| PR60 |
|
$1,234 | $1,234 |
| PR60 | - | $1,234 | $1,234 |
| AU58 |
|
$1,234 | $1,234 |
| AU58 | - | $1,234 | $1,234 |
Greysheet News
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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