Rarity: Very Rare

Notes:
The finest Proof "Restrike" Brown example graded by PCGS is a single PR-65BN.  

The finest Proof "Restrike" Red-Brown examples graded by PCGS are 2 PR-66RB's. 

 The finest Proof "Restrike" Red example graded by PCGS is a single PR-64RD.

The finest Proof "Restrike, Large Berries" Red example graded by PCGS is a single PR-67RD.

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Images courtesy of Superior Stamp and Coin

Recent appearances:
NGC Proof-65 Brown (illustrated above).  Ex - Superior Stamp and Coin's "Pre-Long Beach" Sale, February 7-8, 2000, Lot 1553, "1848 Breen 1-B First Restrike...NGC graded Proof-65 Brown...The only marks are a small spot of darker toning on the temple, a thin struck-through line (as minted, caused by a thread or fine wire stuck on the die) on the cheek right of the nostril, and a few fine pin scratches between the tops of the 4 & 8 in the date...EAC graded Proof-60", sold for $4,600.00

"Proof-55" (illustrated below).  Ex - Superior February 1987, Lot 40 - J.R. Frankenfield - Superior Galleries' sale of the J.R. Frankenfield collection, February 17, 2001, Lot 166, "Breen 1-B...Proof-55.  First Restrike.  Cleaned...thin crease (looks like a very thin, light nick) in the field before the lips and a spot of microscopic pitting at the leaf over LF in HALF" at $2,990

Sources and/or recommended reading:
"American Half Cents" by Roger S. Cohen, Jr.

"Walter Breen's Complete Encyclopedia Of U.S. And Colonial Coins" by Walter Breen

"The PCGS Population Report, July 2003" by The Professional Coin Grading Service

Relevant collector organizations:
Early American Coppers Club