Feedback

X

Leave Comment

SERIES: Liberty Cap Right Half Cents 1794-1797
LEVEL: Minor Variety or Die Variety

1797 1/2C C-1 1 Above 1, BN (Regular Strike)

View All Coin Images

PCGS MS66BN

PCGS MS64BN

PCGS MS62BN
PCGS #:
35101
Diameter:
23.50 millimeters
Designer:
John Smith Gardner
Weight:
5.44 grams
Edge:
Plain
Mintage:
127,840
Metal Content:
Copper
Auction Record:
$299,000 • PCGS MS66 • 1-26-2014 • Ira & Larry Goldberg
Go To Grade
  • 1
  • 2
  • 3
  • 4
  • 6
  • 8
  • 10
  • 12
  • 15
  • 20
  • 25
  • 30
  • 35
  • 40
  • 45
  • 45+
  • 50
  • 50+
  • 53
  • 53+
  • 55
  • 55+
  • 58
  • 58+
  • 60
  • 61
  • 62
  • 62+
  • 63
  • 63+
  • 64
  • 66
1
100
1
2
145
2
2
3
275
3
3
6
700
1
6
10
1,100
10
12
1,425
12
20
2,200
20
25
2,600
25
35
3,750
35
40
4,900
2
40
45
5,850
1
45
45+
6,100
45+
50
7,500
1
50
50+
8,000
50+
53
9,000
53
53+
9,500
53+
55
11,500
55
55+
12,000
55+
58
13,250
58
58+
14,000
1
58+
60
16,500
1
60
61
18,000
61
62
22,000
1
62
62+
23,000
62+
63
45,000
63
63+
52,500
63+
64
72,500
1
64
66
300,000
1
66
Condition Census (Explain) Show more rows
Pos Grade Thumbnail Pedigree and History
1 MS66BN PCGS grade

Emil Cauffman Collection - Edward D. Cogan 5/1871:878, $9.00 - Virgil M. Brand Collection - purchased by St. Louis Stamp and Coin Company (Burdette G. Johnson) on 10/30/1935 for $50.00, sold 4/17/1944 for $80.00 - Celina Coin Co. (T. C. Brandts) - Rodney T. Grove - Superior Galleries 6/1981:4, $12,500 - Ronald J. Guth, sold privately 10/1982 for $8,500 - Garry F. Fitzgerald - MARCA 1/1987:57 - Julian M. Leidman - R. Tettenhorst - Eric P. Newman Education Society/Missouri Cabinet (Mocab 97.1.9) - Goldbergs 1/2014:41, $299,000

2 MS64BN PCGS grade
2 MS64BN PCGS grade

Philip Showers Collection - Stack’s, sold privately in 1969 - Willis H. Dupont Collection - F.S. Werner, sold privately in 2/1976 - Superior, sold privately in 2/1976 - Joe Flynn, sold privately in 4/1976 - R. Tettenhorst Collection, sold privately in 10/1987 - Jim McGuigan Collection

2 MS64BN estimated grade  

Harlan P. Smith Collection - S.H. & Henry Chapman 5/1906:1195 - J.M. Clapp Collection - John H. Clapp Collection, sold privately in 1942 - Louis E. Eliasberg, Sr. Collection - Bowers & Merena 5/1996:409, $19,800 - Heritage 8/2006:5019, $115,000

2 MS64BN PCGS grade  
Condition Census (Explain) Show fewer rows
Pos Grade Thumbnail Pedigree and History
1 MS66BN PCGS grade

Emil Cauffman Collection - Edward D. Cogan 5/1871:878, $9.00 - Virgil M. Brand Collection - purchased by St. Louis Stamp and Coin Company (Burdette G. Johnson) on 10/30/1935 for $50.00, sold 4/17/1944 for $80.00 - Celina Coin Co. (T. C. Brandts) - Rodney T. Grove - Superior Galleries 6/1981:4, $12,500 - Ronald J. Guth, sold privately 10/1982 for $8,500 - Garry F. Fitzgerald - MARCA 1/1987:57 - Julian M. Leidman - R. Tettenhorst - Eric P. Newman Education Society/Missouri Cabinet (Mocab 97.1.9) - Goldbergs 1/2014:41, $299,000

2 MS64BN PCGS grade
2 MS64BN PCGS grade

Philip Showers Collection - Stack’s, sold privately in 1969 - Willis H. Dupont Collection - F.S. Werner, sold privately in 2/1976 - Superior, sold privately in 2/1976 - Joe Flynn, sold privately in 4/1976 - R. Tettenhorst Collection, sold privately in 10/1987 - Jim McGuigan Collection

2 MS64BN estimated grade  

Harlan P. Smith Collection - S.H. & Henry Chapman 5/1906:1195 - J.M. Clapp Collection - John H. Clapp Collection, sold privately in 1942 - Louis E. Eliasberg, Sr. Collection - Bowers & Merena 5/1996:409, $19,800 - Heritage 8/2006:5019, $115,000

2 MS64BN PCGS grade  
2 MS64BN PCGS grade  
7 MS63BN PCGS grade  
8 MS62BN PCGS grade

Lloyd Whiteneck, sold privately on 5/10/1973 - R. Tettenhorst Collection - Missouri Cabinet (Mocab 97.1.3) - Goldbergs 1/2014:42, $18,975

9 AU58+ PCGS grade
10 MS60BN PCGS grade

Heritage 5/2009:32 - Jim McGuigan Collection

Ron Guth: The 1797 C-1 Half Cent shows one of the various goofs made by engravers in the early days of the U.S. Mint.  On this variety, the engraver picked up his numeral 1 punch, then stamped the 1 into the die by hitting the punch with a hammer.  Upon inspection, the engraver realized he had punched the 1 too high in the die, so he simply left it where it was, then created the date in the normal position.  Today, an engraver would simplt discard a defective die, but, back in 1797, the cost of die steel was so high and the labor was so intensive that discarding a perfectly good die was out of the question.  The result is one of the more interesting major varieties in the Half Cent series.

I once owned the finest known example of this date (the PCGS MS66BN example illustrated above).  I purchased it in a 1981 Superior Auction for $12,500.  Unfortunately, the coin market was quite weak in 1981 and I had a big tax bill from the previous year that had to be paid, so I sold the coin for a fairly hefty loss (Iet's say, it hurt).  The coin went through a couple of dealers and ended up in what is now known as the Missouri Cabinet (back then, we knew it as Tett's collection), where it has resided ever since.  Today, the coin is worth into six figures, so, naturally, I wish I had it back, but I'm proud to have my name attached to the pedigree of at least one coin from this remarkable collection.