The value of an 1850 one-cent coin (also known as a Large Cent) depends heavily on its condition or grade.
Here’s a general overview of the value range based on condition:
- Circulated Condition: Large Cents in average circulated condition (such as Very Good or Fine) can typically be found in the range of $15 to $125.
- Uncirculated Condition: Uncirculated examples, especially those with original mint luster (often referred to as MS BN – Mint State Brown) will have a significantly higher value, ranging from $15 to $6,000.
- Proof Coins: Proof examples of the 1850 Large Cent are extremely rare and highly sought after by collectors, with some realizing prices of over $80,000 at auction.
- Condition/Grade: The primary driver of value is the coin’s condition, with higher grades commanding significantly higher prices.
- Varieties: While the 1850 Large Cent doesn’t have many widely known or valuable varieties, dedicated collectors might seek out specific die marriages identified by Newcomb numbers.
- Color: Uncirculated coins with full red (RD) or red-brown (RB) coloration can be more valuable than brown (BN) examples.
- Online Coin Price Guides: Reputable sources like Greysheet ([Link: Greysheet https://www.greysheet.com/prices/sp/united-states-braided-hair-large-cents/9678/1850]) and NGC Coin Explorer ([Link: NGC https://www.ngccoin.com/coin-explorer/united-states/cents/braided-hair-cents-1839-1857/11889/1850-1c-ms/]) provide detailed price information and population reports for various grades and varieties.
- Auction Records: Auction houses like Stack’s Bowers Galleries provide realized prices for coins sold at past auctions, which can be useful for gauging the market value.
- Coin Dealers & Collectors: Consulting with experienced coin dealers or collectors can offer insights into the specific market value of your coin and help you understand its unique characteristics.
Note: It’s important to have your coin professionally graded by a reputable third-party grading service like PCGS or NGC for an accurate assessment of its condition and authenticity. This will help determine its true market value and protect you from potential scams when buying or selling.
Which one cent coins are rare?
From my experience, 1856 Flying Eagle Cent. …
1864 Indian Head Penny – “L” on Ribbon. …
1909-P and 1909-S VDB Lincoln Pennies. …
1943 Lincoln Cent Struck on Bronze Alloy. …
1944-S Lincoln Steel Penny. …
1969-S Lincoln Penny – Doubled Die Obverse. …
1958 Doubled Die Obverse Cent.
How rare is a 1851 penny?
Good point! Experts estimate that only about 7,000 coins survive in all grades, and far fewer exist in this attractive yet affordable Fine condition with an entirely clear and bold design. Add one of these pre-Civil War collector favorites to your collection today!