The value of a US Large Cent, minted between 1793 and 1857, can vary significantly depending on several key factors: year of mintage, condition, and variety.
Here’s a breakdown of factors influencing a Large Cent’s value
- Year of mintage: Earlier Large Cents (those minted between 1793 and 1814) are generally more valuable due to their age and historical significance. Later issues, such as those from the 1840s and 1850s, can be found for prices between $20 and $150, [according to Coinfully] . For instance, an 1850 Large Cent in circulated condition costs around $39.95 USD from Collectors Alliance. You can also find an 1850 Braided Hair Large Cent on eBay for $25. A circulated 1808-1857 Large Cent can be purchased for around $44 from Bullion Shark.
- Condition: The better the coin’s condition, the higher its value. Well-preserved examples with strong details are more desirable to collectors. For example, a circulated 1850 Large Cent is valued at $39.95, while an 1819 Large Cent in circulated condition is priced around $49.95.
- Variety: There are five types of US Large Cents: Flowing Hair (1793), Liberty Cap (1793-1796), Draped Bust (1796-1807), Classic Head (1808-1814), and Coronet (1815-1857). The Flowing Hair and Liberty Cap types are generally the most valuable.
- Key Dates: Certain dates are considered “key dates” due to their rarity and high demand among collectors . The 1793 Flowing Hair, 1799 Draped Bust , and 1804 Draped Bust are among the rarest Large Cents . The 1793 Chain Reverse variety, in particular, can be worth between $8,000 and $1,000,000, depending on its condition and specific variety. An example of a key date is an 1804 Large Cent in Very Fine condition certified by PCGS that sold for $6499 on eBay . Another example is an 1812 Large Cent with a large date in semi-key status that sold for $221.75 on eBay.
Note: To get an accurate appraisal of your specific coin, it’s highly recommended to consult with a professional numismatist. They can assess the coin’s condition, variety, and any unique features that might affect its value.
Are any 1 cent US coins valuable?
Thanks for asking. Valuable pennies include rare key dates, error coins, and those with high silver or copper content. The 1909-S VDB Lincoln cent is one of the most valuable, often worth thousands of dollars due to its low mintage.