1800-08 HALF CENT DRAPED BUST LIBERTY 
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. The half cent was
America's unwanted coin from its introduction in 1793 until its
official demise in 1857.Over this 60-year span, few of the coins
circulated freely, and then mainly in the larger cities of the rapidly
expanding nation. Coin collectors long neglected the denomination.
Little sought and studied even less, the coins were aptly characterized
by numismatist Dr. Warren A. Lapp as the stepchildren of U.S. coinage,
the "little half sisters."
First issued in 1793 with the Flowing Hair design, they
were replaced the following year by Engraver Robert Scot's Liberty Cap
motif. They went through design, weight and edge-marking changes much
like those of contemporary cents. The last Liberty Cap and Pole half
cents bore the date 1797 but were probably struck through 1799.
Half Cents dated 1800 were the first to bear Scot's
Draped Bust design. This amply proportioned Liberty was based on a
drawing by the great artist Gilbert Stuart and portrayed a ranking
Philadelphia society leader and beauty, Mrs. William Bingham. Stuart,
perhaps the most famous American portrait painter of his time, finished
his sketch in 1795. Determined to eliminate the existing Flowing Hair
designs, Mint Director Henry William DeSaussure promptly ordered John
Eckstein to make bas-relief models from Stuart's drawing. In Eckstein's
hands, what started out as a beauty emerged as a distinctly dowdy
matron. The new Liberty appeared on the 1795 dollar and on minor silver
coins and large cents in 1796. Typically, it was placed on the half
cents last in 1800, with LIBERTY above and the date below. The new
coins of 1800 continued the existing wreath reverse already in use, and
plain edges were standard for the design. The laurel wreath is a close
copy of that appearing on 1797 cents, showing 16 leaves on the left
branch and 19 on the right. Branches and leaves were impressed into the
dies with a single, prepared punch, with berries and stem ends added by
hand. Sometimes the stems were accidentally omitted by overworked Mint
coiners. With UNITED STATES OF AMERICA at the border, HALF CENT at
center and fraction 1/200 below, the design was complete.
Like the large cents, Draped Bust half cents boast many
minor varieties. The general collector following popular guide books
will be satisfied with the major "naked eye'' varieties. Coins of
1800 are uncomplicated, though about 10% were struck on stock made from
cut-down large cents rolled out by the Mint's horse-powered mill, with
the balance made from England's Boulton and Watt Co. planchets. Demand
for this denomination was light, and no half cents were struck dated
1801.
Between 14,000 and 20,000 coins were struck after the
1800 obverse die was overdated to 1802 and combined with two different
reverse dies. A very small number show the 1797 reverse with its single
leaves at top. A far larger number show one leaf at left top, two at
right. All 1802/0 half cents were struck from rolled-down, spoiled
cents.
The coins of 1803 show minor varieties of the fraction.
1804 is a far busier date with either plain or crosslet 4's in the date
and reverses with or without stem ends. The infant U.S. Mint was still
suffering from a crippling shortage of high quality die steel, and half
cents dated 1804 continued to be struck through 1806. Many of these
backdated coins display the boldly visible "Spiked Chin" with
its sharp projections into the field from chin and lips, the result of
damage to the die. Half cents of 1805 include the medium 5 obverse
combined with a stemless reverse and large or small 5 obverses with
stems. Coins of 1806 show a small 6 with or without stems and a large 6
with stems only. Just one variety exists for 1807, distinguished by a
very tall 7 apparently intended for cent coinage.
In April, 1807, German-born John Reich joined the Mint
staff after escaping from indentured service with the generous aid of a
Mint official. He began work at once on wholly new designs for several
denominations, but the Scot Draped Bust half cent was inexplicably
continued, with three varieties dated 1808. Some 400,000 were struck,
although there were 167,000 half cents already sitting idly in storage.
Coinage of this final date began with a bold 1808/7 overdate. Later
coins were struck from a die in storage bearing only the digits 180 and
to which the final 8 was added by overlapping two small `o' punches to
create the Tall 8 variety.
The hard-driving Reich worked his way around to half
cents late in 1808, and his Classic Head made its first appearance on
the denomination in 1809. By then a total of 3,416,950 Draped Bust half
cents had been struck, all at the Philadelphia Mint. No proofs or
presentation strikes were made.
All dates of the Draped Bust series are rare in full,
mint red. Type collectors will most often find spotty, red examples of
the 1800 and 1806 issues. Hoards surfaced of these two dates, the 1800s
from one found in Boston in the 1930s and the 1806s from dealer Henry
Chapman's discovery around 1906. Generally the most attractive pieces
available today display an even, glossy brown. Striking quality varies
with die states, and dies were often used far beyond their prime. Many
surviving coins show varying degrees of wear, and both mechanical
damage and active corrosion readily attack the soft copper. Wear first
appears on the hair behind Liberty's ear and on the drapery at her
shoulder. On the reverse, check the leaves near the S and the second T
in STATES.
While large cents were heavily researched even in the
19th century, the number of meaningful studies of half cents can be
counted on the fingers of one hand. The slow development of collector
interest is mirrored by the long years of service seen by Ebenezer
Gilbert's 1916 handbook, The United States Half Cents. Only in
1971 did a modern work appear, Roger S. Cohen's
American Half Cents, the Little Half Sisters. Walter Breen
published his Encyclopedia of U.S. Half Cents in 1983, the most
thorough treatment of this long-neglected series to date.
One positive result of this neglect is that Draped Bust
half cents are comparatively undervalued today, an interesting contrast
to large cents or early silver coins of the same era. The coins provide
a window through which today's collector can catch a glimpse of the
country's exciting years of early growth and development.
SPECIFICATIONS:
Diameter: 23.5 millimeters Weight: 5.44 grams Composition:
Copper Edge: Plain
BIBLIOGRAPHY:
Alexander, David T., DeLorey, Thomas K. and Reed, P. Bradley,
Coin World Comprehensive Catalog and Encyclopedia of United States
Coins, World Almanac-Pharos Books, New York, 1990.
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.
Taxay, Don, The U.S. Mint and Coinage, Arco Publishing
Co., New York, 1966.
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