1847 Second Restrike (Reverse of 1840), B-3, C-SR24, Low R.6, PR65 Red and Brown PCGS. Our EAC Grade PR64. CAC. ...

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Description

1847 B-3 Half Cent, PR65 Red and Brown
Second Restrike, Reverse of 1840

1847 Second Restrike (Reverse of 1840), B-3, C-SR24, Low R.6, PR65 Red and Brown PCGS. Our EAC Grade PR64. CAC. Equivalents. Gilbert-2; Empire-109; Cohen-SR24; Breen-3, BW-3.
Rarity. Nearly breaking into the High R.5 range, Richard T. Coleman, Jr. lists 30 proofs of this variety. The Breen-Hanson Condition Census suggests a population of 25 coins, and the Bowers-Whitman Guide Book estimates that 30 to 40 proofs survive.
Obverse 1. Christian Gobrecht's Braided Hair design of 1840 (now dated 1847) is described at lot 3129.

Reverse C. This reverse die, described above at lot 3121, appears on all of the proofs that are labeled "Second Restrikes."
Edge. Plain.
Surfaces. An impressive Gem proof, the mirrored surfaces retain nearly full orange mint color with delicate splashes of blue and violet toning.
Die State (Sholley). Obverse has obvious rust patches in front of face and neck, and behind head, with lapping lines in all fields. This is the initial, and apparently the only, use of reverse C with the 1847 obverse. The lapping lines above STA have faded, but the strong lines from lower left to upper right across die, through wreath and HALF CENT re still clearly visible. Lapping and wear has reduced the rust around ED STA, HA and the heavy rust pits around LF, EN are much lighter. A later strike, likely from 1868 to 1869.

Appearances. Illustrated at the PCGS Set Registry record of the McGuigan Collection.
PCGS Population (6/2022). Although 32 submissions of 1847 half cents are labeled Restrikes, just four of those are identified as Second Restrikes, one each graded PR65+ Brown, PR66 Brown, PR65 Red and Brown, and PR66 Red and Brown.
Commentary. The 1847 Second Restrike half cents survive in considerable numbers, including at least a dozen Gem proof or finer examples. Like the present example, several of those high grade pieces retain varying amounts of orange mint color.
McGuigan Commentary. Superb red and brown mirror surfaces.
Provenance. Ex: Tangible Investments of America (7/1991).
From The James R. McGuigan Half Cent Collection.

Coin Index Numbers: (Variety PCGS# 35388, Base PCGS# 1294, Greysheet# 213412)

Weight: 5.44 grams

Metal: 100% Copper

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