1802/0 Second Reverse, B-2, C-2, High R.2, VF30 PCGS. CAC. Our EAC Grade VF20....

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1802/0 B-2, C-2 Half Cent, VF30
Early Die State

1802/0 Second Reverse, B-2, C-2, High R.2, VF30 PCGS. CAC. Our EAC Grade VF20. Equivalents. Proskey 1: 1-A; Ross 1-B; Gilbert-1; Empire-27; Cohen-2; Breen-2; Bowers-Whitman 2; Eckberg 1-A.
Rarity. High R.2. For many years the 1802/0 Second Reverse was rated R.3, suggesting a population of 300 to 400 coins in all grades. Today, the High R.2 rating places the surviving population at nearly double that figure. The Bowers-Whitman Guide Book estimates 500 to 800 examples are known, and Eckberg suggests that there are 600 of these to satisfy collector demand.
Obverse 1 appears on Breen-1 and 2. It is a die that was created for 1800 half cents but remained unused that year. Remnants of the final 0 are clearly visible along the left side of the 2. The upper serif of the 1 in the date nearly touches the lowest hair curl. The top of the 2 is closer to the drapery than the border, and is higher than the adjacent 0. The left base of the T in LIBERTY is missing, as on the 1800-dated obverse die.
Reverse B is unique to Breen-2 and reappears on the 1811 Mickley Restrike. A new wreath layout was introduced with a leaf pair at the top of the right branch of the wreath. The new layout continued for the rest of the Draped Bust series through 1808. The left branch has 16 leaves and five berries. The right branch has 19 leaves and six berries. A berry located outside the right branch between the lowest leaf pair and the stem is a unique feature of this die. The left base of each T in the legend and in the denomination is missing. The denominator is well spaced beneath a rather short fraction bar.
Edge. Plain.
Surfaces. Smooth and glossy chocolate-brown surfaces show grade-consistent circulation marks with a few old scratches that blend with the surroundings. A small rim bruise at the N of UNITED has pushed up the reverse border that has the appearance of a rim break.
Die State. Manley Die State 2.0. The hair curl is closed and minor die lumps are visible between the I and B of LIBERTY. Manley's die states 1.0, 2.0, and 3.0 were struck before the 1802/0 B-1 half cents, while die states 4.0 and 5.0 were coined after the 1802/0 Reverse of 1800 pieces.
Appearances. None.
PCGS Population (5/2002). Although more than 200 submissions of 1802/0 Second Reverse half cents have traversed the PCGS grading room, few are finer than this piece. PCGS has certified eight examples as VF30, four as VF35, one XF40, and one XF45.
Commentary. A few examples of the 1802/0 B-2 half cents exist with a high level of sharpness, but with problems (usually corrosion or scratches) that reduce the net grade. Condition Census level coins include the Missouri Cabinet XF45 PCGS coin, an example in the present sale that grades VF35 PCGS, this VF30 PCGS coin, and a few others in the VF25 to VF30 grade range including the Partrick example.
McGuigan Commentary. Superb glossy medium brown planchet. Early die state (M1.0) with the hair curl to the left of the date complete and HALF CENT well struck.
Provenance. Ex: Jess Peters (11/1973).
Personality. Jess Peters was born as George Edward Peters at Decatur, Illinois on October 4, 1919, and he died on April 15, 2016. Peters was the president of the Professional Numismatists Guild from 1971 to 1973. He conducted more than 100 auction sales from 1964 to 1981 when he sold the firm to Steve Eyer and Stuart Rubenfeld.
From The James R. McGuigan Half Cent Collection.

Coin Index Numbers: (NGC ID# 222D, Variety PCGS# 35125, Base PCGS# 1057, Greysheet# 80872)

Weight: 5.44 grams

Metal: 100% Copper

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