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1842 1/2c Restrike PR RB

1842 1/2c Restrike PR RB

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Greysheet Catalog Details (GSID: 598)

The 1842 Half Cent is part of a series of Braided Hair coins struck from 1840-1857. The specific variety is Restrike. Struck in Philadelphia and designated as a Proof (PR) strike, this coin is made of Copper from a mintage of 27 struck.
This restrike issue is certainly few and far between but is not quite as scarce as its original issue counterpart. The restrike version variety of the 1842 Proof Half Cent is of the Braided Hair design on the obverse and far smaller berries on the reverse. There are also some other reverse diagnostics to tell it apart from the original. The mintage was composed of just 27 coins in total of which it is estimated that all have survived. Overall, this is just a very scarce type worth anywhere between four thousand to over thirty thousand dollars depending on the grade.
Obverse: 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: 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 Details    Dealers Only

Catalog Detail

GSID: 598
Coin Date: 1842
Denomination: 1/2c / Half Cent
Designation: PR
Mint Mark: P
Mint Location: Philadelphia
Mintage: 27
Coinage Type: Braided Hair
Coinage Years: 1840-1857
Composition: Copper
Variety: Restrike
Strike Type: Proof
Diameter: 23.5 mm
Weight: 5.44 gr
Coin Shape: Round
Designer: Christian Gobrecht
Obverse Lettering: LIBERTY, 1842
Obverse Designer: Christian Gobrecht
Reverse Lettering: UNITED STATES OF AMERICA, HALF, CENT
Reverse Designer: Christian Gobrecht
PCGS #: 1264
NGC ID: 26Z8
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