Large Cent (1793-1857) Values | JM Bullion™

Large Cents (1793-1857)

large cents have immediately come to be known as pennies, but when they were first produced this name was adenine alien as the mint itself. As one of the first styles of mint produced by the US Mint, the Large Cent was determined by Congress to have a face value of 1/100th of a Dollar. Unlike today ’ s pennies, these large single-cent coins were closer in size to a modern half-dollar .
Though these coins were inaugural put into production during the early 1790s, they continued rolling off the presses until the in-between of the nineteenth century. This means that every class from 1793 to 1857 ( with the exception of 1815 ) the Large Cent was one of the most heavily produced coins by the US Mint .
The War of 1812 played a major function in the absence of a Large Cent edition from 1815, as a wartime embargo prevented blank copper planchets from being shipped to the US. Though the Mint worked with the provision of planchets it already had on-hand, they had run completely out by the clock it came to produce the 1815 edition. fortunately, the war with Great Britain was put to a freeze in 1816, at which point the US Mint immediately ordered more copper blanks to be used to create large Cents. Another interesting aspect of the Large Cent is that they were lone produced by the Philadelphia Mint .

Large Cent Design History

american samoa far as the coin ’ south design is concerned, the Large Cent always kept things simple. With that said, however, the design of this single-cent coin changed many times throughout its long time in product. The initial design ( sulfur ), which can be found on large Cents minted in 1793, was identical simplistic in its design. The obverse side of the coin depicted a right-facing Lady Liberty with hair that seemed to be windblown. The coin ’ s reverse, however, was the subject of much controversy as it depicted a call of chains which many believed to be couturier Henry Voigt alluding to his back of bondage.

Though the inaugural blueprint was not warmly welcomed, it is of particular importance to numismatists because it was the first coinage produced by the US Mint by direction of the Mint ’ s own equipment and processes. only little more than 30,000 were minted .
Before moving to a new 1794 edition, the US Mint gave in to public opinion and altered the blueprint of both the mint ’ s reverse and obverse sides. The mint ’ s new reverse depicted an flowery wreath, which was much more accepted than the gang of chains. Though still rare, the Wreath reverse Large Cent had a mintage of more than 60,000 .
Despite Adam Eckfeldt ’ s redesign of the 1793 Large Cent, Mint Director David Rittenhouse hired Joseph Wright to wholly revamp the coin ’ mho design for the 1794 release. Wright ’ randomness invention besides depicted Lady Liberty on the obverse of the mint, but made her hair neat and added a phrygian hood, a historic symbol of freedom. The coin ’ sulfur reverse maintained a design which boasted a wreath, but the wreath on the 1794 edition was made to identically resemble a laurel wreath. More readily accepted by the general public, the design unveiled in 1794 continued in production for three years before being replaced by the Draped Bust design .
In 1796, a man by the name of Robert Scot wholly redesigned the United States coinage, including the large Cent. The modern obverse depicted a right-facing Lady Liberty, but she was more ornate-looking, with a ribbon in her hair and drapery near her broke. As opposed to the Laurel wreath design conceived a few years prior, the 1796 edition featured an olive wreath. This design seemed to be flush more accept than those previous to it as it was maintained up until 1808 .
In 1808, Robert Scot ’ randomness adjunct engraver John Reich was appointed as the person who was going to redesign Scot ’ second Draped Bust design. The new style of Large Cent has come to be known as the classical Head design as it nowadays featured a left-facing Lady Liberty with flowery headdress evocative of a crown. This headgear, known as a lemniscus, was said to resemble identical closely the headgear given to storied male athletes in Ancient Greece. The copper utilized to make these coins was of a higher choice than ever used before, and because of this the coins were softer and more prone to showing signs of wear and tear.

again, in 1816, Chief Engraver Scot was forced to redesign the mint once more. This time, the image of Lady Liberty was made to make her look more senesce, which is why this design has become known as the Matron Head design. In some numismatic circles, this particular Large Cent design is known as a Coronet Cent. These coins were minted up until 1839, when the design was forced to change yet again .
In 1835, the new Chief Engraver of the US Mint was christian Gobrecht, and he was tasked with redesigning the Large Cent for the last time. Gobrecht reverse-aged Lady Liberty to give her a younger look, and her hair was put into a braid. This was the last blueprint change the Large Cent went through, and this design was minted up until the late 1850s .
As you can clearly see, there are quite a few different possibilities when it comes to collecting the Large Cent. Being that the mint was in production for closely 100 years, it would follow that many have survived to nowadays, but such is not the case. particularly when it comes to the oldest mint versions, these coins are quite unmanageable to find, and even harder to find in pristine condition .

Large Cent Values

The Large Cent is arguably the most popular type of US Coin for collectors to get their hands on. Being that these were some of the first coins to have ever been the official neologism of the United States, each and every piece is a piece of US history .
For collectors, even large Cents in atrocious condition are a respect. many of these coins are 200 years old or more, so it is not in truth expected that they will be in bang-up shape. For this reason, it is easy to understand why collectors are bequeath to pay so much for a boastfully cent that is in above average condition.

All Market Updates are provided as a third gear party analysis and do not necessarily reflect the denotative views of JM Bullion Inc. and should not be construed as fiscal advice .

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Category : Coin collecting

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