1795 1/2C Punctuated Date, LE, BN FR2BN Certification #59034138, PCGS #1015

Owner's Comments

Behold, the rare Punctuated Date-Lettered Edge variety. Given the low grade (Fair-02), any remnant of a punctuated date [die mutation that appears as a comma in the date] has been lost to time. As a result, an observer must rely on other diagnostics to determine the variety. The main diagnostic (absent the die mutation) is the appearance of numeral 1 in 1795, with all three serifs present. By contrast, the other variety (Lettered Edge) oddly shows a capital letter I, with four serifs. This coin is part of my low ball registry set, all dated 1795. The population report shows two in Fair-02, none lower. Purchased September 1, 2025 from an eBay dealer in Kingwood, Texas. $465.

Expert Comments

Ron Guth

The "punctuation" on Punctuated Date 1795 Half Cents looks like a long comma between the 1 and the 7 of the date.  While this seems like a perfectly normal place for punctuation, the "comma" was purely unintentional and is merely a die defect. The "comma" appears on the following 1795 die varieties:

Cohen 2a - Lettered Edge (the only variety that qualifies as the Punctuated Date, Lettered Edge)
Cohen 2b - Plain Edge
Cohen 3 - Plain Edge
Cohen 4 - Plain Edge

As can be seen above, the Cohen 2 variety bridged the transition from heavy weight (104 grains) to light weight (84 grains) planchets following a change in the law designed to reduce the cost of making Half Cents and Cents.  The light weight planchets were too thin to received edge lettering, so they were issued with plain edges.

Sources and/or recommended reading:
"American Half Cents (Second Edition" by Roger S. Cohen, Jr.

PCGS #
1015
Designer
John Smith Gardner
Edge
Lettered: TWO HUNDRED FOR A DOLLAR
Diameter
23.50 millimeters
Weight
6.74 grams
Mintage
139690
Metal
Copper
Pop Higher
45
Pop Lower
0
Region
The United States of America
Price Guide
PCGS Population
Auctions - PCGS Graded
Auctions - NGC Graded

Rarity and Survival Estimates Learn More

Grades
65 or Better 400 R-6.2 10 / 11 10 / 14
All Grades 2 R-9.9 1 / 11 TIE 1 / 14 TIE
60 or Better 2 R-9.9 1 / 11 TIE 1 / 14 TIE
65 or Better 400
All Grades 2
60 or Better 2
65 or Better R-6.2
All Grades R-9.9
60 or Better R-9.9
65 or Better 10 / 11
All Grades 1 / 11 TIE
60 or Better 1 / 11 TIE
65 or Better 10 / 14
All Grades 1 / 14 TIE
60 or Better 1 / 14 TIE

Condition Census Learn More

Pos Grade Thumbnail Pedigree and History
1 MS65BN PCGS grade MS65BN PCGS grade

Anthony Terranova - R.E. “Ted” Naftzger, Jr. Collection - Superior 2/1992:432 - Jim McGuigan Collection

2 MS64+BN PCGS grade MS64+BN PCGS grade
Richard B. Winsor Collection - S. H. and H. Chapman 12/1895:1009 - F. R. Alvord Collection - S. H. Chapman 6/1924:44, $62 - John M. Clapp Collection - John H. Clapp Collection, sold intact in 1942 - Stack's, sold privately on 2/6/1942 - Louis E. Eliasberg, Sr. Collection - Bowers & Merena 5/1996:402, $15,950 - R. Tettenhorst Collection - Eric P. Newman Numismatic Education Society - Missouri Cabinet (Mocab 95.2a.6) - Goldbergs 1/2014:25, $115,000 - High Desert Collection
 
This pedigree differs from that in the Eliasberg catalog, which was listed as M.A. Brown Collection - S.H. & H. Chapman 4/1897 - John M. Clapp Collection - John H. Clapp Collection, sold intact in 1942 - Louis E. Eliasberg, Sr. Collection
3 MS62BN PCGS grade  
	PCGS #1015 (MS, Brown) 62

Stack's/Bowers 8/2011:7213, $40,250 - “ESM” Collection (PCGS Set Registry)

4 AU58+ PCGS grade  
	PCGS #35070 (MS, Brown) 58+

Davy Collection

5 AU58 PCGS grade

Stack's “Auction ‘90” 8/1990:6, $4,400 - Heritage 4/2016:4522, $16,450

MS65BN PCGS grade #1 MS65BN PCGS grade

Anthony Terranova - R.E. “Ted” Naftzger, Jr. Collection - Superior 2/1992:432 - Jim McGuigan Collection

MS64+BN PCGS grade #2 MS64+BN PCGS grade
Richard B. Winsor Collection - S. H. and H. Chapman 12/1895:1009 - F. R. Alvord Collection - S. H. Chapman 6/1924:44, $62 - John M. Clapp Collection - John H. Clapp Collection, sold intact in 1942 - Stack's, sold privately on 2/6/1942 - Louis E. Eliasberg, Sr. Collection - Bowers & Merena 5/1996:402, $15,950 - R. Tettenhorst Collection - Eric P. Newman Numismatic Education Society - Missouri Cabinet (Mocab 95.2a.6) - Goldbergs 1/2014:25, $115,000 - High Desert Collection
 
This pedigree differs from that in the Eliasberg catalog, which was listed as M.A. Brown Collection - S.H. & H. Chapman 4/1897 - John M. Clapp Collection - John H. Clapp Collection, sold intact in 1942 - Louis E. Eliasberg, Sr. Collection
 
	PCGS #1015 (MS, Brown) 62 
#3 MS62BN PCGS grade

Stack's/Bowers 8/2011:7213, $40,250 - “ESM” Collection (PCGS Set Registry)

 
	PCGS #35070 (MS, Brown) 58+ 
#4 AU58+ PCGS grade

Davy Collection

#5 AU58 PCGS grade

Stack's “Auction ‘90” 8/1990:6, $4,400 - Heritage 4/2016:4522, $16,450