The 1817 Large Cent is a sought-after piece of American numismatic history. It’s an iconic part of the early 19th century U.S. Coin Series, and was minted from 1816 to 1839 by the Philadelphia Mint during this time period.
Its design features Lady Liberty in profile on one side, with a wreath encircling her head, while the other side depicts a heraldic eagle within a shield surrounded by thirteen stars.
This coin remains popular among collectors today due its rarity and historical significance as it marked the transition of our nation into modernity.
Design And Features
The large cent, a beautiful and historic coin of the United States, is like an ancient relic from another time. Its design features not only its iconic Liberty head but also intricate details such as stars and laurel wreaths that are emblematic of early American numismatics. For any numismatist it’s an essential piece to add to their collection.
This unique currency was minted in two separate sizes during different decades; the first being the Draped Bust variety produced between 1796-1807 and the later Classic Head type issued from 1808-1814.
The obverse displays Lady Liberty with her hair tied up in a ribbon while wearing a Phrygian cap adorned with a patriotic star on its top. On the reverse side is found thirteen five pointed stars surrounded by a laurel wreath which symbolizes peace and prosperity in America during this period.
A very popular collectible among historians, these coins have been praised for their elegant designs since they were originally struck by hand over 200 years ago. They provide us valuable insight into our nation’s past through tangible evidence of what financial systems looked like back then – something no textbook can truly explain.
The large cent is a highly interesting topic for any numismatist, and its design and features are immediately striking. The coin itself is much larger than other coins of the period; while it may not be as ornate or decorated as more modern cents, its unique size is an attention-grabber in itself.
Minting history surrounding the large cent is just as intriguing. It was first produced by the United States Mint from 1793 to 1857:
- Over 400 million were minted during that time frame
- They have been found with over 20 different designs
- Some collectors specialize specifically in them due to their variety and rarity
- A few varieties can bring thousands at auction!
The large cent has become a global symbol of American monetary history and provides insight into our country’s past economy. Its production ended nearly two centuries ago yet still continues to captivate both experienced and novice numismatists alike. Collectors everywhere appreciate its story and value, making it one of the most sought after coins among those who pursue this hobby with enthusiasm.
Rarity And Value
Determining the grade of a large cent is important when determining its value; the higher the grade, the higher the value.
Auction prices can also give an indication of rarity and value; however, they are not always consistent.
It’s important to preserve large cents properly in order to maintain their value; storing them in a climate-controlled environment is ideal.
Additionally, cleaning or polishing coins can significantly reduce their value, so it’s important to be careful when handling them.
Numismatists should be aware of the various techniques used to detect counterfeit coins; this can help to avoid purchasing counterfeit coins and ensure they get the most value for their money.
Ultimately, with accurate grade determination, auction price analysis, and proper preservation techniques, numismatists can maximize the value of their large cent collections.
In numismatics, the rarity and value of a large cent is determined according to its grade. Generally speaking, higher grades are worth more than lower grades thanks to their superior condition; however this isn’t always the case.
Factors such as mintage numbers, minting errors, historical events and public demand can also affect a coin’s price significantly. For example, coins with low mintage figures usually carry a premium regardless of their grade because they are rarer than other issues – even if they’re in rough shape.
On the flip side, an undamaged but heavily circulated issue can still fetch high prices due to its popularity among collectors or investors. Ultimately it’s important for any collector or investor to familiarize themselves with the nuances of grading when assessing the rarity and value of a large cent.
When it comes to determining the rarity and value of a large cent, auction prices are often another factor to consider.
A coin’s worth may be affected by how much collectors or investors pay for it at an auction.
For example, if two coins have similar grades but one sells for significantly more than the other, this could indicate that there was greater demand for that particular issue.
It’s also possible that special features such as minting errors can push up the price of a coin due to its uniqueness – even if it isn’t in perfect condition.
So when appraising a large cent, you should take note of recent auctions and compare them with your own findings on grade and mintage numbers.
That way, you’ll get a better sense of what the market is willing to pay for any given issue.
Ultimately though, since auction prices can vary greatly from day-to-day depending on supply and demand, they shouldn’t be used as the only indicator when assessing a coin’s true value.
Once you’ve determined the rarity and value of a large cent, it’s important to make sure that it is properly preserved. If not, its condition could quickly deteriorate over time due to oxidation or other environmental factors.
Fortunately, there are many ways to ensure that your coins stay in mint condition for years to come. For starters, storing them away from direct sunlight can help reduce their exposure to harmful UV rays which can cause discoloration. Additionally, keeping them in an airtight container will keep out dust and moisture – both of which can have damaging effects on metals like copper. Another option is encapsulation which involves placing the coin inside a special holder made of inert plastic or acrylic that blocks out any external elements while also protecting against handling damage.
Being mindful about preservation techniques is essential if you want your collection to retain its original quality and monetary worth.
Popularity Among Collectors
The large cent has become a symbol of Americana, representing the spirit of our nation and its proud history. It is no surprise that numismatists consider it to be one of the most sought-after coins for collection purposes.
Its rich design and historical significance make it an attractive item for coin collectors all across the world. Collecting coins can provide hours of entertainment as well as enjoyment in learning about the past. Large cents are highly desired due to their impressive size and intricate details which vary with each minting year.
From 1793 until 1857, these copper coins were produced by various mints throughout the United States, making them interesting pieces of art from America’s early years. Numismatists love collecting large cents not only because they represent a piece of American culture but also because they stand out among other collectible items.
They showcase immense detail and craftsmanship; some even feature images or symbols on both sides that capture moments in time such as Lady Liberty or Revolutionary War battles. Despite being more than 150 years old, many examples have survived through time in great condition and remain popular among experienced and novice collectors alike.
The large cent has become increasingly popular among collectors, but its historical significance should not be overlooked. It is a reminder of how coinage has changed over time and the impact it had on the nation’s economy.
In 1816, after the American Revolution had ended, Congress approved an act that created a new currency system for U.S. coins which included the large cent denomination. This began a period of rapid expansion in both production and circulation of these coins throughout the country. The large cents were minted from copper-nickel alloys to ensure their durability and strength during transportation and trade.
From 1817 until around 1840, this became known as the ‘Classic Head’ series due to the portrait of Lady Liberty featured prominently on one side of each coin with other designs varying by year or region. These coins also served as legal tender up until 1857 when smaller denominations such as half cents and pennies replaced them in common usage.
Here are five interesting facts about large cents:
- The average weight was approximately 12 grams, much heavier than modern day pennies!
- They were often referred to as “hard money” because they were made out of durable metal alloy instead of paper notes like today’s dollar bills.
- In some cases older varieties can fetch high prices at auction – sometimes even thousands or tens of thousands per piece depending on condition and age!
- Many early 19th century merchants accepted only silver & gold coins but would accept large cents at face value just like any other denomination despite them being worth more than 1¢ in precious metals content alone!
- Over 200 million have been produced since 1793 making it one of America’s longest running series ever issued by US Mints!
This makes collecting large cents an enjoyable activity for numismatists who appreciate history and economics alike, allowing them to own unique pieces that represent an important part of our country’s past while also gaining insight into how monetary systems evolved over time.
Frequently Asked Questions
What Is The Diameter Of An 1817 Large Cent?
The awe-inspiring 1817 Large Cent is a remarkable piece of history. Measuring at 27 millimeters in diameter, it is considered the largest copper coin ever struck by the United States Mint.
This impressive specimen stands out among all other coins from its era due to its size and weight – a true testament to our nation’s early monetary system.
It’s easy to see why numismatists are so interested in this incredible artifact; an object that has survived centuries since its inception!
How Much Does An 1817 Large Cent Weigh?
Large cents, also known as Coronets or Braided Hair Cents, were issued from 1793 to 1857 by the United States Mint.
These coins generally weigh between 10 and 11 grams, depending on their composition.
The 1817 Large Cent is composed of copper and therefore weighs in at a hefty 10.89 grams.
This makes it one of the heavier large cents produced during this time period.
How Many 1817 Large Cents Were Minted?
The 1817 large cent is a symbol of the American colonial era, representing an important period in our nation’s history.
As numismatists are well aware, these coins were minted by the United States Mint for circulation between 1793 and 1857 – with specific varieties struck in 1817.
That year saw over 2 million specimens created from copper alloy; a testament to the enduring legacy of this iconic coin series.
What Metal Is The 1817 Large Cent Made From?
Large cents are composed of copper, so it is likely that the 1817 large cent will also be made from this metal.
This is a common feature among many of these coins as they were produced between 1793 and 1857 in the United States.
They have a diameter of around 26mm and weigh 10.89g – making them significantly larger than other contemporary coins.
Numismatists often collect large cents for their historic value due to its long production period, though some may do so simply because they appreciate the design or rarity of certain pieces.
What Is The Average Price Of An 1817 Large Cent?
It is interesting to investigate the average price of a large cent.
Numismatists have long speculated that the value of such coins can vary greatly, depending on their condition and rarity.
As such, it can be difficult to determine an exact monetary worth for a specific large cent.
However, after some research, we have found that 1817 large cents are generally priced between $100 and $1,000 USD in circulated grades, with mint state specimens often selling for much more.
Overall, the 1817 Large Cent is an interesting coin to collect.
As a numismatist, I’m always looking for unique pieces that make my collection stand out and this one certainly fits the bill!
Weighing 10.89 grams with a diameter of 28-29mm, these coins are made from copper and produced by the United States Mint.
With only 140,000 minted in 1817, they can be hard to come by but it’s worth the effort – especially when you consider how much their value has increased since then!
The average price of an 1817 Large Cent today? A cool $1,200 bucks or so – talk about a modern day ‘investment’ paying off!