The 1818 large cent is an extremely important piece of American numismatic history. It was issued by the U.S. Mint in Philadelphia during the first decade of the 19th century, and it has become highly collectible due to its historical significance and relative scarcity.
This article will provide a comprehensive overview of this interesting coin, including its minting process, varieties available, pricing information, and more.
The 1818 large cent holds special appeal for coin collectors because it marks the end of what’s known as ‘the classic head design’ that had been used since 1793 until being replaced with the “Coronet” style in 1816-17.
These coins were made from pure copper and feature Lady Liberty on one side, surrounded by stars representing each state at that time; while on the other side is an eagle surrounded by a wreath holding flags and arrows signifying peace & war power respectively.
The large cent is a United States coin issued from 1793 to 1857. Its production and mintage process was quite complex, requiring the involvement of many people and components.
The first step in creating these coins started with the selecting of metal for casting into planchets, which would then become blanks used for coining. Copper was almost always chosen as it provided an excellent medium for striking clear impressions on both sides; however, other metals such as nickel were also sometimes incorporated.
Large cents were produced by a minting press that forced them under immense pressure between two opposing dies engraved with designs specific to each denomination or type of coin. These dies had been created earlier through engraving techniques carried out at the Philadelphia Mint’s engraving department by skilled artisans known as die-sinkers.
Once struck, the coins were placed in bags according to their value – usually 1 cent or half cent denominations – ready for circulation throughout the country. Inspection processes followed by minters ensured only flawless specimens made it out into public hands where they could be exchanged for goods and services, ensuring proper weight and ensuring no counterfeits slipped through undetected.
Large cents played an important role in commerce during this period until being replaced by smaller denominations beginning in 1856.
I’m really excited to talk about the varieties available in large cents.
Early American large cents are some of the most popular varieties due to their historical significance.
Colonial large cents are also a desirable variety for collectors, as they offer a unique look into the earliest days of the United States.
Both varieties are highly sought after and can be quite valuable to the right collector.
Early American large cents were a staple of the coin collecting world, and there was certainly no shortage of varieties to choose from.
The first large cent issued by the United States Mint was the Chain Cent in 1793, which featured Liberty on one side and an intertwined chain motif with 15 links on the other.
In 1816, the Coronet Head replaced it – this variant depicted Lady Liberty wearing a crown-like coronet headdress instead of a Phrygian cap.
Finally, in 1856 came the Flying Eagle design that featured an eagle in flight above rays of sunlight and stars – this remained until its replacement by Indian Head Cents in 1859.
As you can see, U.S Mint had quite a range for collectors to enjoy!
Of course, U.S Mint didn’t just begin issuing coins in 1793 – many of the colonies had their own coinage systems prior to that time. These colonial issues are some of the most sought-after and valuable items for collectors today.
While there were differences between each colony’s designs, they all featured a common theme of having an obverse portrait of Liberty surrounded by various inscriptions or symbols. On the reverse side could be found similar inscriptions but with denominations like ‘1/2’ or ‘3 pence’ being inscribed as well.
In addition to these copper coins, several Colonial American mints also struck silver and gold coins during this period which can fetch quite a pretty penny at auction nowadays!
The large cent has been a desirable coin among numismatists for centuries. So much so, that the price of these coins is often quite high – and for good reason! As mentioned in the previous section, there are many varieties available to collectors; each with its own unique backstory or rarity factor contributing to its cost.
It goes without saying then, that pricing on large cents can vary greatly depending on which variety you choose. Here’s a breakdown:
- 1793 Liberty Cap Large Cent – Pricing ranges from $1000 to over $1 million
- 1804 Draped Bust Large Cent – Prices start around $20k but can range up to as much as $400k
- Classic Head Large Cents (1809-1814) – Values begin at about $50 and rise into the thousands based on condition and design elements such as type of headdress.
For those looking for an investment opportunity, certain types of large cents may be worth more than others due to their historical value or exceptional quality. With all this said however, it always pays off to do your research first – understanding why one particular variety may cost more than another can help you make wise purchasing decisions when it comes time to buy.
The large cent, first minted in 1793 and produced until 1857, is an important part of American numismatic history. It was the first official coinage issued by the United States Mint, with a unique design that set it apart from other coins being circulated at the time.
The coin weighed twice as much as its modern counterpart, yet contained less than one-tenth the amount of silver. Its size made it both cumbersome to handle, but also difficult to counterfeit; this helped contribute to its popularity among merchants and citizens alike.
Large cents were designed differently depending on the era they were released in. During their initial release period (1793-1796), the obverse featured Lady Liberty wearing a traditional Phrygian cap while facing left; she held a pole topped with a liberty cap in her right hand and a shield inscribed “LIBERTY’in her left. The reverse had fifteen stars representing each state along with an inscription of ‘UNITED STATES OF AMERICA’. Later designs featured more ornate details such as eagles, wreaths, and even cornucopias.
This piece of early American currency saw many changes throughout its production run – including denominations and compositions – before it eventually gave way to smaller coins like today’s penny. Nevertheless, these coins remain highly collectible due to their historical significance and status as some of America’s earliest coinage symbols.
With so many varieties available for collectors looking for something special, these pieces continue to fascinate hobbyists everywhere.
The large cent has been a source of fascination for numismatists since its introduction in the late 18th century. Its design and size are an impressive reminder of our nation’s history, making them highly sought-after by collectors all over the world. With years of study and research, coin collectors have developed an appreciation for this classic piece of Americana:
Collecting large cents can be both rewarding and challenging. It is important to understand the many varieties available, as well as their value depending on condition.
Here are some key facts about collecting these coins:
- Year minted – The year each coin was struck determines its rarity and therefore its worth.
- Quality/Condition – Coins that are in good condition with minimal wear will generally fetch higher prices than those heavily worn or damaged.
- Variety – There were several different designs used throughout the production period, so it is essential to recognize variations between coins from different eras.
- Prices – Large cents typically range anywhere from $30 to thousands of dollars depending on age, variety, condition, and more.
For serious numismatists looking for rare pieces, researching market values before investing in any given coin is recommended; however, there are plenty of affordable options out there too!
If you’re just getting started with your collection, consider starting small — even if it means buying lower-grade specimens at first — until you gain enough experience to make wiser investments down the line.
Frequently Asked Questions
How Do I Determine The Authenticity Of An 1818 Large Cent?
Determining the authenticity of a large cent is an important part of numismatics. It requires knowledge about both the design and composition of the coin, as well as its condition.
The 1818 large cent was made from 100% copper and features a reeded edge. To ensure it’s authentic, look for signs of wear on the surfaces that indicate circulation or mishandling, such as scratches or discoloration. Additionally, inspect any lettering to make sure it’s clear and unaltered.
If you’re still unsure after examining your piece, consider having it certified by a third-party grader like PCGS or NGC.
Where Can I Find Reliable Information About 1818 Large Cent Varieties?
Numismatists looking for reliable information about large cent varieties should consider using the Large Cent Varieties: 1793-1814 guide.
This comprehensive publication provides an in-depth look at over two hundred varieties within this series, giving readers plenty of insight into the variety they’re researching.
With clear illustrations and detailed descriptions, it’s a must have resource for anyone interested in 18th century American coins.
Are 1818 Large Cents Suitable For Beginner Collectors?
It’s a piece of cake for novice numismatists to begin collecting 1818 large cents. They’re well known coins and the market is flush with them, so even beginner collectors will find it easy to pick up one or two without breaking the bank.
As far as variety goes, there are countless options available; from rare specimens that command higher prices to more common varieties that fit better within a budget.
So if you’re looking for an exciting way to break into coin collecting, 1818 large cents should be at the top of your list!
How Much Does An 1818 Large Cent Typically Sell For?
As a numismatist, I can tell you that large cents typically sell for varying amounts depending on the condition of the coin.
An 1818 large cent, in particular, may fetch anywhere from $30 to several hundred dollars if it is well-preserved and graded by a professional.
This makes them an ideal collectible for beginner collectors who are looking for coins with some historical significance but don’t want to spend too much money upfront.
Are There Any Special Care Instructions For Storing 1818 Large Cents?
As a numismatist, it’s essential to know that the proper storage of coins is key to preserving their condition.
With an 1818 large cent being such an exquisite piece from history, you’ll want to make sure you store it correctly – otherwise, its monetary and historical value could be reduced significantly over time.
To prevent this from happening, I’d recommend taking extra care when dealing with your coin; for example, only handling them by the edges and avoiding exposing them to extreme temperatures or humidity levels.
Taking these precautions can help keep your precious 1818 large cent in minty-fresh condition!
As a numismatist, I can attest to the extreme value of 1818 large cents. They are an incredible investment for beginner collectors, as well as those with decades of experience in collecting coins.
Their rarity and historical importance make them some of the most sought-after coins on the market today. Owning one of these magnificent pieces is like having a piece of history in your hands – it’s truly priceless!
With proper care and storage instructions, you can ensure that your 1818 large cent collection remains as stunningly valuable as when you first acquired it. Investing in quality examples will be sure to have you feeling like a millionaire in no time!