DistantNews
Support us
Rare 1796 US coin with distinctive 'pole' detail could fetch $625,000
๐Ÿ‡ฆ๐Ÿ‡ท Argentina /Culture & Society

Rare 1796 US coin with distinctive 'pole' detail could fetch $625,000

From La Naciรณn · () Spanish

Translated from Spanish, summarized and contextualized by DistantNews.

At a glance

News Sources not specified Context piece
  • A 1796 U.S. half-cent coin, specifically the "With Pole" variant of the Liberty Cap Right series, can be worth up to $625,000.
  • This high value is attributed to its rarity and the presence of a small pole behind the Liberty figure on the obverse side.
  • The coin's condition significantly impacts its market value, with uncirculated specimens commanding the highest prices.

A rare 1796 U.S. half-cent coin, known as the "Liberty Cap Right" series, has become a highly sought-after piece in the numismatic market, with its "With Pole" variant potentially fetching up to $625,000.

The key distinguishing feature of this valuable variant is a small pole extending behind the Liberty figure on the coin's obverse. This detail differentiates it from the scarcer "Without Pole" emissions, where the engraver omitted the pole supporting the Liberty cap.

According to the Professional Coin Grading Service (PCGS), both 1795 and 1796 "With Pole" versions are considered scarce. The series represents some of the earliest copper coins minted by the U.S. Mint in the 1790s, a period that saw various technical modifications in coin production.

Beyond the "With Pole" detail, the coin's condition is paramount in determining its value. Specimens in Mint State (MS) condition, meaning they have seen little to no circulation, are the most prized by collectors and achieve record prices at international auctions.

DistantNews Editorial

Originally published by La Naciรณn in Spanish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.