1794-97 HALF CENT LIBERTY WITH CAP BUST RIGHT 
Image courtesy of Heritage Numismatic Auctions
This historical information is provided
complements of NGC (Numismatic Guarantee Corporation). NGC is the
"grading service of choice" of the ANA (American Numismatic
Association), the largest collector oriented organization in the United
States. NGC is one of the two largest independent grading services.
NGC has been grading coins since 1987, and have graded in excess of two
and one half million coins. In August of 1794, at the
battle of Fallen Timbers in Ohio, the English were finally driven from
the western forts they had maintained since the Revolution. Although
America's struggle with the British Empire had ended, revolutionary
France was still embroiled in external wars and internal chaos. While
French soldiers streamed into the Low Countries, the Reign of Terror
raged, and some 40,000 royalists were executed, many by guillotine.
Just as France had been a staunch supporter of America
in its struggle for independence, American interest in the French
Revolution had initially been highly sympathetic. But the primary
difference between foreign support for each country's revolution was
that France had a great deal to gain by helping America wrest its
freedom from its arch rival, England. America, on the other hand, had
virtually nothing to gain by supporting the French armies in their war
against Great Britain. In fact, it had a great deal to lose: Customs
duties and other taxes levied on British imports amounted to roughly 80%
of the money used to operate the federal government in the 1790s.
With America's focus shifting from revolution to nation
building, its alliance with France was further strained by that
nation's continuing societal violence, which frightened and horrified
many on this side of the Atlantic. Against this background of
deteriorating American sentiment toward France, it was ironic that the
central design of a French medal was used to represent the concept of
Liberty for the U.S. half cent. The
Libertas Americana medal that inspired the 1793 half cent was
designed by French medalist Augustin Dupre as a celebration of American
victories in the Revolutionary War. Intricately detailed and highly
expressive, the medal made an excellent model for a coin. But the
original adaptation of the design lasted only one year. In 1794, Chief
Engraver Robert Scot modified the design by enlarging the bust of
Liberty and having her face right rather than left. He also greatly
increased the size of the Phrygian cap set on top of Liberty's pole. An
innovative mechanical experiment was tried with the reverse. Rather
than using individual device punches to make up the die, Scot created a
complete reverse hub that included the wreath, all lettering, and
dentils around the border. The wreath was similar to the one from the
previous year but without the sprays of berries. The entire design was
prepared in higher relief than the half cents of subsequent years.
Actually, the half cents of 1794 represent a distinct type, quite
different from the half cents of 1795-97 but traditionally included
with the later years. The dies for the half cents of 1795 through 1797
were cut by Assistant Engraver John Smith Gardner, who lowered the
relief, reduced the size of Liberty and hand-punched the wreath
elements.
While the series has only two major design types, it
includes numerous varieties. Among these is the so-called "punctuated"
date of 1795, created by a slip of an engraver's tool, which resulted in
the date reading 1,795. Varieties with the pole missing in front of the
bust of Liberty exist for both 1795 and 1796, in both cases an
unintentional flaw, but caused in 1795 by excessive lapping of the die
and in the following year by the die sinker apparently forgetting to
punch in the device. Some half cents from 1795 and 1797 were struck
from cut-down Talbot, Allum & Lee tokens, necessitated by the
Philadelphia Mint's frequent shortages of copper planchet stock during
the 1790s. Occasionally, remnants of the host token can be seen with
traces of the ship's sails or the peripheral lettering apparent on the
finished half cent. Plain edge and lettered edge varieties are known
for 1797. Lettered edge examples are very rare and seldom seen above
Fine condition. One of the most prominent varieties in the series is
from 1797 and shows a numeral 1 directly above the 1 in the date. This
error was created when the numeral was first punched into the die much
too high and close to the bottom of the bust. Rather than effacing the
error by polishing the die, the date was simply punched in the working
die in the correct position with the first, higher-positioned numeral
remaining clearly evident on the struck coins.
During the four years Liberty Cap half cents were struck, a
total of 359,529 pieces were produced. No true proofs are known. As
with all early coppers, planchet quality varied greatly, and there is
considerable variation in striking characteristics from one year to the
next. The coins from 1794 are invariably deep brown or black in color,
while those from 1795 are usually light brown. Half cents of 1796 are
once again dark brown or even black, and many exhibit porosity and
planchet flaws. Planchet quality for 1797 is above average for the
series, most likely because of the large number of coins struck from
Talbot, Allum & Lee tokens, which had been manufactured from high
quality, English copper blanks.
Electrotype counterfeits are known of all four dates, and there
are a number of recognizable struck copies of the 1796 with Pole. These
pieces were produced in the mid-19th century by a British coiner named
Singleton and sold by Dr. Francis Edwards, an English physician who
immigrated to New York and died there in 1865. They differ noticeably
from genuine coins in the style of the head and larger sized letters.
Because of the rarity of genuine examples, Edwards' copies have become
collectible in their own right, and surprisingly high prices are often
commanded by these non-authentic "coins."
Grading this design can be somewhat of a challenge because of
the variation in planchet and striking quality from year to year. On
high grade pieces, wear begins to show on the obverse at the forehead,
above the ear and on the highest point of the shoulder. Friction on the
reverse is first seen on the leaves beside the H in HALF, on the bow
knot and the on ribbon ends.
Liberty Cap half cents possess undeniable appeal for both novice
and advanced numismatists and enjoy strong demand from date, die
variety and type collectors. Although half cents have always seemed to
have second class status in relation to large cents, both as a
circulating medium and among collectors, die variety collecting of this
denomination has gained many new adherents as more research is
published. Cohen's 1982
American Half Cents and Breen's 1983 Encyclopedia of United
States Half Cents have added much to the body of information
available today.
The Liberty Cap half cent was last struck in 1797 when
production of the denomination was suspended. The half cent would not
appear again until 1800, this time with Scot's adaptation of Gilbert
Stuart's Draped Bust design.
SPECIFICATIONS:
Diameter: 23.5 millimeters Weight: Thick planchets,
6.74 grams; Thin planchets, 5.44 grams Composition: Copper
Edge: Lettered, Plain, or Gripped
BIBLIOGRAPHY:
Bailyn, Bernard, The Ideological Origins of the American
Revolution, The Belknap Press of Harvard University Press,
Cambridge, MA, 1972.
Bowers, Q. David, United States Copper Coins, An Action
Guide for the Collector & Investor, Bowers and Merena
Galleries, Wolfeboro, NH, 1984.
Breen, Walter, Walter Breen's Complete Encyclopedia of U.S.
and Colonial Coins, F.C.I. Press/Doubleday, New York, 1988.
Breen, Walter, Walter Breen's Encyclopedia of United States
Half Cents 1793-1857, American Institute of Numismatic Research,
South Gate, CA, 1983.
Cohen, Roger S. Jr., American Half Cents, the "Little
Half Sisters", 2nd Edition, Wigglesworth & Ghatt,
Arlington, VA, 1982
|