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Braided Hair Half Cents Values (1840-1857)

How Much Is My Braided Hair Half Cent Worth?

By , About.com Guide

Braided Hair (Coronet) Half Cents Values (1840-1857) ObverseBraided Hair (Coronet) Half Cents Values (1840-1857) Reverse
Image Courtesy of: Heritage Auction Galleries, Ha.com

This coin value guide will give you an idea of how much your Braided Hair half cents minted from 1840 to 1857 are worth. This series of coins is also known as Coronet Half Cents. The table below gives average coin values based upon the condition or grade of the coin.  If the coin shows signs of wear on it due to it  being used in business transactions, it is considered "circulated." If it never circulated, then it is classified as "uncirculated." The pictures below show examples of each condition.  Some examples of these coins are very valuable even in well worn condition. Please note that you cannot increase a coin's value by cleaning it. In fact, cleaned coins are worth considerably less and coin dealers can recognize a cleaned coin immediately.  Therefore, never clean your coins.

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Introduction to Coin Values

There are many elements that go into determining the value of your coins. First of all, an understanding of how the coin market operates will be useful. If your coin dealer sells all of his 1855 Braided Hair half cents, he cannot just order more of them because the mint does not make coins dated 1855 anymore. The coin dealer must replenish his supply by buying coins from other dealers or people off the street. What he pays you for that coin is known as the "wholesale price" or "value." If you want to buy that 1855 half cent from the coin dealer, that is known as the "retail price" or "price."

Market Analysis

Most circulated Braided Hair half cents are reasonably priced for the beginner or intermediate collector. Most uncirculated coins will be worth at least $30. From 1840 to 1848, only proof coins were produced for collectors. Additional examples of these coins were also restruck from original mint dies in the later 1800s. These are known as "Restrike" examples. Regardless of being either original or restrikes, all of these proof coins are very valuable.

Condition or Grade Examples

Braided Hair (Coronet) half cents Average Circulated Condition Circulated Braided Hair (Coronet) half cents Uncirculated Condition Uncirculated
Click on the photos above for a larger image.
Images Courtesy of: Heritage Auction Galleries, Ha.com

Mint Marks

All Braided Hair half cents were produced in Philadelphia and do not have a mint mark.

Braided Hair (Coronet) Half Cents Average Values

The following table lists the value (what you can expect a dealer to pay you) for your Braided Hair half cents. The first column lists the date and variety (if any) followed by the value of an average circulated coin and the average value for an uncirculated one. These are approximate values and the actual offer that you will receive from a particular dealer will vary depending on the actual grade of the coin and a number of other factors. Uncirculated coins that have some of their original red copper color will have a premium value well above what is listed here.

Date Avg Circ Avg Unc
1840 Proof - $2,900.00
1840 Restrike Proof - $4,100.00
1841 Proof - $3,200.00
1841 Restrike Proof - -
1842 Proof - -
1842 Restrike Proof - -
1843 Proof - $3,600.00
1843 Restrike Proof - -
1844 Proof - $3,900.00
1844 Restrike Proof - $2,900.00
1845 Proof - $3,900.00
1845 Restrike Proof - $3,000.00
1846 Proof - -
1846 Restrike Proof - $3,600.00
1847 Proof - -
1847 Restrike Proof - $3,400.00
1848 Proof - $3,200.00
1848 Restrike Proof - $3,500.00
1849 Sm. Date Proof - -
1849 Sm. Date Restrike Proof - $2,900.00
1849 Lg. Date $37.00 $300.00
1849 Lg. Date Proof - -
1850 $40.00 $400.00
1850 Proof - $2,700.00
1851 $37.00 $200.00
1852 Restrike Proof - $2,300.00
1853 $37.00 $200.00
1854 $38.00 $200.00
1855 $38.00 $200.00
1855 Proof - $2,500.00
1856 $41.00 $200.00
1856 Proof - $1,900.00
1857 $44.00 $300.00
1857 Proof - $2,500.00

- = Columns with a dash indicate that not enough data is available to give an estimated value. This does not necessarily mean that the coin is rare or expensive.

These values have been compiled through my personal analysis of the coin market, referencing publications such as Numismatic News, Coin World, "The Official Blue Book; Handbook of U.S. Coins," The Coin Dealer Newsletter, published auction results and consulting with various coin dealers.

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Disclaimer: The information on this site and all subsequent communications are provided for discussion purposes only, and should not be misconstrued as investment advice. All information, including valuations, on this website has been compiled from reliable sources and every effort has been made to eliminate errors and questionable data. However, the possibility of an error in a work of this magnitude always exists. Additionally, further analysis, research and/or discoveries may challenge the beliefs presented in this article. The author and About.com will not be responsible for any losses that may occur in the purchase, sale, or other transaction of coins and other items because of the information that is contained on this website. Visitors who feel they may have discovered an error or inconsistency are asked to please contact the guide so that the situation may be investigated and/or corrected. Under no circumstances does this information contained on this website represent a recommendation to buy or sell coins, precious metals, exonumia or paper currency.

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