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SERIES: Liberty Cap Right Half Cents 1794-1797
LEVEL: Year, MintMark, & Major Variety

1795 1/2C LE Punctuated Date, BN (Regular Strike)

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PCGS MS65BN


PCGS MS64+BN
PCGS #:
1015
Diameter:
23.50 millimeters
Designer:
John Smith Gardner
Weight:
6.74 grams
Edge:
Lettered: TWO HUNDRED FOR A DOLLAR
Mintage:
139,690
Metal Content:
Copper
Auction Record:
$40,250 • PCGS MS62 • 8-15-2011 • Stack's/Bowers
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165
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650
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4,500
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150,000
1
65
Rarity and Survival Estimates (Explain)
Grades Survival
Estimate 
Numismatic
Rarity 
Relative Rarity
By Type 
Relative Rarity
By Series 
All Grades 400 R-6.2 10 / 11 10 / 14
60 or Better 2 R-9.9 1 / 11 TIE 1 / 14 TIE
65 or Better 2 R-9.9 1 / 11 TIE 1 / 14 TIE
Condition Census (Explain)
Pos Grade Thumbnail Pedigree and History
1 MS65BN PCGS grade

Anthony Terranova - R.E. “Ted” Naftzger, Jr. Collection - Superior 2/1992:432 - Jim McGuigan Collection

2 MS64+BN PCGS grade
Richard B. Winsor Collection - S. H. and H. Chapman 12/1895:1009 - F. R. Alvord Collection - S. H. Chapman 6/1924:44, $62 - John M. Clapp Collection - John H. Clapp Collection, sold intact in 1942 - Stack's, sold privately on 2/6/1942 - Louis E. Eliasberg, Sr. Collection - Bowers & Merena 5/1996:402, $15,950 - R. Tettenhorst Collection - Eric P. Newman Numismatic Education Society - Missouri Cabinet (Mocab 95.2a.6) - Goldbergs 1/2014:25, $115,000 - High Desert Collection
 
This pedigree differs from that in the Eliasberg catalog, which was listed as M.A. Brown Collection - S.H. & H. Chapman 4/1897 - John M. Clapp Collection - John H. Clapp Collection, sold intact in 1942 - Louis E. Eliasberg, Sr. Collection
3 MS62BN PCGS grade

Stack's/Bowers 8/2011:7213, $40,250

4 AU58+ PCGS grade
4 AU55 PCGS grade

Wilmington Collection of Half Cents - Stack's/Bowers 6/2012:2007, $9,200

Condition Census (Explain) Show fewer rows
Pos Grade Thumbnail Pedigree and History
1 MS65BN PCGS grade

Anthony Terranova - R.E. “Ted” Naftzger, Jr. Collection - Superior 2/1992:432 - Jim McGuigan Collection

2 MS64+BN PCGS grade
Richard B. Winsor Collection - S. H. and H. Chapman 12/1895:1009 - F. R. Alvord Collection - S. H. Chapman 6/1924:44, $62 - John M. Clapp Collection - John H. Clapp Collection, sold intact in 1942 - Stack's, sold privately on 2/6/1942 - Louis E. Eliasberg, Sr. Collection - Bowers & Merena 5/1996:402, $15,950 - R. Tettenhorst Collection - Eric P. Newman Numismatic Education Society - Missouri Cabinet (Mocab 95.2a.6) - Goldbergs 1/2014:25, $115,000 - High Desert Collection
 
This pedigree differs from that in the Eliasberg catalog, which was listed as M.A. Brown Collection - S.H. & H. Chapman 4/1897 - John M. Clapp Collection - John H. Clapp Collection, sold intact in 1942 - Louis E. Eliasberg, Sr. Collection
3 MS62BN PCGS grade

Stack's/Bowers 8/2011:7213, $40,250

4 AU58+ PCGS grade
4 AU55 PCGS grade

Wilmington Collection of Half Cents - Stack's/Bowers 6/2012:2007, $9,200

Ron Guth: The "punctuation" on Punctuated Date 1795 Half Cents looks like a long comma between the 1 and the 7 of the date.  While this seems like a perfectly normal place for punctuation, the "comma" was purely unintentional and is merely a die defect. The "comma" appears on the following 1795 die varieties:

Cohen 2a - Lettered Edge (the only variety that qualifies as the Punctuated Date, Lettered Edge)
Cohen 2b - Plain Edge
Cohen 3 - Plain Edge
Cohen 4 - Plain Edge

As can be seen above, the Cohen 2 variety bridged the transition from heavy weight (104 grains) to light weight (84 grains) planchets following a change in the law designed to reduce the cost of making Half Cents and Cents.  The light weight planchets were too thin to received edge lettering, so they were issued with plain edges.

Sources and/or recommended reading:
"American Half Cents (Second Edition" by Roger S. Cohen, Jr.