The 1797 Liberty Cap Half Cent is an important piece of American history. Minted in the late 18th century, this coin is well-known for its unique varieties and limited availability. Collectors highly value this coin due to its rarity and historical significance. In this guide, we’ll take a closer look at the major varieties, notable specimens, and current market data of the 1797 Liberty Cap Half Cent.
Major Varieties of the 1797 Liberty Cap Half Cent
The 1797 Liberty Cap Half Cent comes in three main varieties, each with distinct features that make them stand out. These varieties are a key focus for collectors.
- Cohen-1 Above 1: This variety shows a clear “1” punched above another “1” in the date. It’s a Rarity-2 coin, meaning it is uncommon but not impossible to find.
- Notable Specimen: PCGS MS66RB, NGC MS65BN.
- Cohen-2 Centered Head: This type is identified by a wide date and longer, thinner denticles (the small raised bumps around the edge). It is a Rarity-3, making it a bit harder to come by.
- Notable Specimen: PCGS MS66BN.
- Cohen-3 Low Head: This variety has three subtypes, each defined by different edge styles. The overall rarity varies depending on the subtype.
- Notable Specimen: PCGS MS63BN, NGC XF40.
Market Data and Noteworthy Specimens
Over the years, the 1797 Liberty Cap Half Cent has been auctioned for impressive sums. Here’s a breakdown of some notable specimens and their selling prices:
| Specimen | Grade | Auction Details | Price |
|---|---|---|---|
| PCGS MS66RB | MS66RB | “The D. Brent Pogue Family Collection, Part III”, Stack’s Bowers / Sotheby’s, February 9, 2016 | $223,250 |
| PCGS MS65BN CAC | MS65BN | Legend Rare Coin Auctions, January 25, 2018 | $176,250 |
| NGC MS65*BN CAC | MS65*BN | “The Donald G. Partrick Collection”, Heritage Auctions, April 23, 2021 | $156,000 |
| PCGS AU55 | AU55 | “The Garrison Collection,” Heritage Auctions, January 10, 2024 | $36,000 |
| NGC VF20BN | VF20BN | “The Joseph Brobston Collection,” Stack’s Fixed Price List, January 1963 | $19,200 |
These prices show the increasing value of this rare coin, particularly for specimens in high grades.
Cohen-3 Subtypes Breakdown
The Cohen-3 variety of the 1797 Liberty Cap Half Cent is divided into three subtypes, each with its own characteristics:
- Cohen-3a (Plain Edge, Low Head): This subtype is overstruck on tokens, meaning details from the original token can sometimes be seen. Only a few exist in higher grades.
- Top Population: PCGS AU53 CAC.
- Cohen-3b (Lettered Edge, Low Head): This type features long, thin denticles, similar to Cohen-2 but with a lettered edge.
- Top Population: NGC XF40BN.
- Cohen-3c (Gripped Edge, Low Head): Known for its distinctive edge style, this subtype is extremely rare, with only around 15 known specimens.
- Top Population: PCGS G06.
Coin Specifications
Here are the basic details of the 1797 Liberty Cap Half Cent:
| Specification | Details |
|---|---|
| Country | United States |
| Year of Issue | 1797 |
| Denomination | Half Cent |
| Mintmark | None (Philadelphia) |
| Mintage | 127,840 |
| Alloy | Copper |
| Weight | 5.44 g |
| Diameter | 23.50 mm |
| Edge | Plain |
| Obverse Designer | Robert Scot |
| Reverse Designer | Robert Scot |
The 1797 Liberty Cap Half Cent is an exceptional coin that carries both historical and monetary value. With its various varieties and subtypes, collectors find it a fascinating and rewarding piece to study. Whether you’re a seasoned numismatist or new to coin collecting, understanding the intricacies of this coin, along with its market trends, can greatly enhance your appreciation for it. With the right knowledge, the 1797 Liberty Cap Half Cent could become a prized addition to your collection.
Why is the 1797 Liberty Cap Half Cent considered rare?
The coin was minted in limited quantities and features unique varieties, making it rare among collectors.
What are the main varieties of the 1797 Liberty Cap Half Cent?
The three major varieties are Cohen-1 Above 1, Cohen-2 Centered Head, and Cohen-3 Low Head, with different subtypes.
How much is a 1797 Liberty Cap Half Cent worth today?
Depending on its condition, the coin has sold for prices ranging from $19,200 to over $223,000 at auctions.
Who designed the 1797 Liberty Cap Half Cent?
The coin was designed by Robert Scot, the Chief Engraver of the U.S. Mint at the time.
What makes the Cohen-3 variety unique?
The Cohen-3 variety includes three subtypes, each with different edge styles, and is highly sought after by collectors for its rarity.