The value of an 1846 one-cent coin, known as a Braided Hair Large Cent, varies significantly based on its condition and the specific “date” variety (small, medium, or tall).
In general, these coins can be worth anywhere from $15 in lower grades up to $33,000 or more for exceptionally well-preserved examples (Mint State).
Here’s a breakdown of factors influencing value
- Condition (Grade): Coins in better condition (higher grades) are more valuable. A Very Good (VG) grade for an 1846 Small Date might be around $28, while an Extremely Fine (XF) could fetch $75. Uncirculated (Mint State) coins are significantly more valuable, reaching into the thousands. You can learn more about grading coins [on the NGC website] and [YouTube].
- Date Variety: 1846 Large Cents come in Small, Medium, and Tall Date varieties.
– Small Date: This is the most common variety.
– Medium Date: This is the rarest variety.
– Tall Date: This variety is in the middle of the rarity spectrum.
– The specific variety can impact the price, with Medium and Tall Dates generally commanding higher values, especially in higher grades. You can find detailed value ranges for each variety [on the Greysheet website].
- Color: The color of the coin, especially for copper coins like the 1846 Large Cent, affects its value. Red (RD) coins are the most valuable, followed by Red and Brown (RB), then Brown (BN).
- Die Marriages: There were 26 die marriages for the 1846 Large Cent, according to the NGC. Some are rarer and can carry premiums, particularly for varieties like the Tall Date.
- Identify the date variety: Carefully examine the date on your coin to determine if it’s a Small, Medium, or Tall Date.
- Assess the condition (grade): Compare your coin to grading guides and images of coins in different grades to estimate its condition. You can also consult online resources like [the NGC website] for further information.
- Consult price guides and reputable sources: Use resources like the Greysheet and the NGC price guides, available online, to get a better understanding of current market values.
- Consider professional appraisal: If you believe your coin is valuable or you are uncertain about its grade and variety, consider getting it appraised by a professional coin dealer or appraiser.
Note: The prices listed in the search results are a general guide. The actual value can fluctuate based on market demand, dealer premiums, and the specific characteristics of your coin.
What are the different types of 1846 large cents?
In 1846 the U.S. Mint struck the 1846 Large Cents with three different style dates. There was a Small Date, Medium Date and the 1846 Tall Date. The Tall Date variety appears to be in the middle, as far as rarity from the other two varities.
Which American 1 cent coins are valuable?
From my experience, 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.