DCMatt said:
Sweet half cent. Nice to see one you can read for a change...
We had a recent discussion as part of a large cent posting in Best Finds. My question was "Why so few half cents found compaired to Large cents?" Everyone agreed that MANY more large cents are found, but nobody had a good answer why. Someone suggested the half cents had so little value that they were used for other things like washers. If they had so little value, I'd think there would be more in the ground instead of less. It's a mystery...
DCMatt
Nice going Mr Magoo, Half Cents are always a pleasure to see coming out of the ground!
Matt, as far as Half Cents being hard to find, well, they were never popular to begin with for some reason, thus not much circulation, also not produced in the numbers(less mintage) or all the years that Large Cents were.
Very rough mintage figures were like
144 million Large Cents minted and only a little over
7 million Half Cents were minted, thus
Half Cents were only 5% of the total of the two demoninations, thus Half Cents will not be found in equal numbers by a long shot.........
Percentage wise for me
16% of my US coppers are Half Cents compared to 84% Large Cent and for my son, similar numbers, 18% Half Cents compared to 82% Large Cents.
So overall for us 17% of our large coppers are Half Cents.
BTW, I in general hate statistics but I think these numbers explain why Half Cents are not found as often as Large Cents.
Don
Disclaimer: My mintage figures are very rough ones, rather hard adding up the numbers in Red Book
