The 1857 Braided Hair Half Cent stands as a significant piece in U.S. numismatic history, not only as one of the last half cents ever struck but also as a symbol of a changing economy. The half cent denomination, first minted in 1793, played an essential role in early American commerce. By 1857, however, its utility had diminished, and its production ceased as the nation transitioned toward a more modern monetary system. For collectors today, the 1857 Braided Hair Half Cent represents both an endpoint and an opportunity to own a coin of historical importance.
Historical Background
The half cent denomination was introduced in 1793 to facilitate small transactions in an economy where even a penny held significant purchasing power. Over the years, the half cent underwent several design changes, with the Braided Hair variety debuting in 1840. Designed by Christian Gobrecht, this version featured an elegant Liberty profile surrounded by 13 stars on the obverse, with a wreath encircling the denomination on the reverse.
By the mid-19th century, inflation and the expansion of the U.S. economy rendered the half cent obsolete. Its value was too small to be practical for everyday transactions, and public demand for the denomination waned. In 1857, the U.S. Mint ceased production of the half cent altogether, making the 1857 Braided Hair Half Cent the last of its kind.
Key Characteristics
The 1857 Braided Hair Half Cent is made of copper, weighs 5.44 grams, and measures 23.5 mm in diameter. Its obverse features Liberty wearing a coronet inscribed with “LIBERTY,” her hair styled in long braids. The reverse shows a wreath encircling the words “HALF CENT” and “UNITED STATES OF AMERICA,” with the year 1857 appearing on the obverse below Liberty.
The coin has a relatively low mintage of just 35,180, adding to its appeal for collectors. Because it was the final year of issue, many examples were preserved by individuals who recognized its significance, resulting in a relatively high number of surviving specimens in good condition.
Collectibility and Value
The 1857 Braided Hair Half Cent is an accessible coin for collectors, with prices varying depending on condition. Well-circulated examples can often be acquired for under $100, while higher-grade coins with minimal wear may range from a few hundred to over $1,000. Mint-state examples are rare but not unattainable, making them a desirable addition to any advanced collection.
For collectors, the 1857 Half Cent is an essential piece of numismatic history. As the last year of a long-running denomination, it bridges the gap between early American coinage and the modern era. Its attractive design, low mintage, and historical significance make it a must-have for those interested in 19th-century U.S. coins.
Conclusion
The 1857 Braided Hair Half Cent offers a tangible connection to a bygone era in American history. Whether you’re a seasoned numismatist or a novice collector, this coin represents a rewarding and historically rich addition to any collection. Its status as the final issue of the half cent series ensures its enduring appeal and significance.
FAQs
Why is the 1857 Braided Hair Half Cent significant?
It marks the final year of production for the half cent denomination, making it a historic coin for collectors.
What is the mintage of the 1857 Braided Hair Half Cent?
The U.S. Mint produced 35,180 coins, a relatively low number compared to other denominations of the time.
How can I determine the value of an 1857 Braided Hair Half Cent?
Value depends on condition. Circulated examples can range from $50 to $200, while mint-state coins can exceed $1,000.