The value of an 1848 one-cent coin, known as the Braided Hair Large Cent, depends heavily on its condition or grade . Coins are graded on a 70-point scale, with higher numbers indicating better condition.
Based on recent data:
- Good (G-4) condition: An 1848 Braided Hair Large Cent in Good condition is typically valued at around $20.
- Fine (F-12) condition: This coin in Fine condition can be worth approximately $30.
- Extremely Fine (XF-40) condition: The value jumps to around $75 for an Extremely Fine example.
- Uncirculated (MS-60 or higher) condition: Uncirculated coins, meaning they show no signs of wear from circulation, are much more valuable. An uncirculated 1848 large cent could be worth $130 or more depending on its specific grade within the Mint State (MS) range (MS-60 to MS-70). Some rare uncirculated examples, particularly those designated as “Red” (indicating a high percentage of original copper color), can command values in the thousands of dollars, reaching as high as $19,500.
Besides the grade, other factors can influence the value of an 1848 large cent:
- Varieties: Some 1848 large cents have minor variations in their design, known as varieties (e.g., N-1, N-2, etc.). These variations can affect the value, making some varieties more desirable and expensive than others.
- Proof coins: 1848 Proof Large Cents, specially struck for collectors, are exceptionally rare and valuable, with some examples selling for tens of thousands of dollars.
- Eye appeal: Beyond the technical grade, a coin’s overall attractiveness, including its toning and strike quality, can also impact its market value.
If you have an 1848 one-cent coin and want to know its precise value, it’s recommended to have it professionally appraised by a reputable coin dealer or grading service such as PCGS or NGC.
What is a 1848 small date large cent?
Plain and simple, the 1848 Small Date Large Cent is a counterfeit, and probably a contemporary one. However, it has been accepted as a collectible coin by the copper community and brings strong prices whenever it appears at auction.
Which one cent coins are rare?
Thanks for asking. 1943-D Lincoln Bronze Wheat Penny — $2.3 million. …
1944-S Steel Wheat Penny — $1.1 million. …
1793 Strawberry Leaf Cent — $862,500. …
1943-S Lincoln Cent Struck on Bronze — $282,000. …
1909 VDB Matte Proof Lincoln Penny — $258,000. …
1958 Doubled Die Obverse Cent — $224,831. …
1856 Flying Eagle Cent — $172,500.
What is a 1 cent coin worth today?
I can help with that. Most Australian one cent coins are still only worth 1 cent, so a complete set of Australian 1 cent coins running from 1966 to 1990 is fairly easy to complete in circulated condition.