1793 1/2c PCGS/CAC AU53
Rare One-Year Type Coin
Why we love it
This well-struck first-year half cent is an American treasure in every respect, being among the very first United States coins the ever produced at the young Philadelphia Mint for circulation. The US Mint struck only 35,334 Liberty Cap (Left) half cents in 1793, the very first half cent design ever struck in mass for circulation and a one-year-only type. Of those 35,334 half cents, it's estimated fewer than 1,100 survive in any grade today. And this piece, certified by PCGS and boasting a CAC seal of quality approval, is one of but a handful in its condition. According to numismatic experts, there are fewer than 50 survivors in uncirculated condition, and this piece is only a few delicately toned rubs away from Mint State. This is the only 1793 Liberty Cap Left half cent CAC has stickered in a grade of AU53, making it a one-of-a-kind numismatic relic suitable for any collection of great and historic American coins.
The PCGS Price Guide value comes in at $41,500, with the CPG Value following at $38,700. While several non-CAC approved pieces of lesser but varying quality have sold for a bit less, the last CAC-approved example realized $41,125 in what was considered a weaker auction. That being said, this piece is available for just $39,500 via Make Offer, which makes it an excellent purchase price as well as a nice long-term value for the discriminating collector who appreciates quality.
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