1793 1/2C C-1, BN MS(PCGS#35003)

1793 1/2C C-1, BN MS (PCGS#35003)

The Regency Auction 40

Lot Description: A pleasing C-1, B-1 housed in an old green tag holder and this handsome coin represents some of the earliest federal coinage struck for regular circulation. The first 7,000 were delivered on July 20, 1793 and in all, only 35,334 1793 half cents were produced. The commercial demand for coinage prompted the vast majority of them to enter into circulation. Between extensive use and poorly produced planchets, a great many of them have environmental damage or other issues that would preclude grading. The presently offered example shows generally smooth, problem free wear. A planchet flaw in the center of the reverse is noted for accuracy, but the surfaces are otherwise hard and free from corrosion. Aside from HALF CENT in the central portion of the reverse, all the details were well struck and have a great look. The eye appeal is really strong for the grade, and this is a very popular "blue chip" of American numismatics! PCGS 37, NGC 10. The most recent example sold for $9,000 in February 2020 and prior to that, one sold in January 2017 for $10,281. The current PCGS Price Guide value is listed at $13,000. This coin will see spirited bidding from the collector looking for a quality, mid-grade relic from the earliest U.S. mint issue. Cert. Number 4371126 PCGS # 1000.00