Ron Guth: The 1811 Half Cent is the second rarest date of the Classic Head type as a business strike, exceeded only by the 1831 (some might argue that the 1831 is a Proof-only issue, which would then elevate the 1811 to the top position). High grade circulated examples are very scarce, especially on problem-free, glossy planchets. Some 1811 Half Cents show a cud on the left side of the coin, which begins as a "Two-Star Cud" and terminates as a "Four-Star Cud." Both are rare, but the Two-Star Cud is particularly rare (the best of which is the VF-30 illustrated above). Mint State 1811 Half Cents are extremely rare; PCGS has certified only two MS62BN's, and two or three uncertified examples are in private collections. 1811 Half Cents with even partial Mint Red are considered extreme rarities.