The 1847 Large Cent is a popular coin among numismatists, and for good reason. It's the second-to-last year of issue in the Braided Hair design type, making it an attractive piece with great historical significance.
This article explores this fascinating coin from its mintage to its rarity and value.
The obverse design features Lady Liberty wearing a coronet inscribed with LIBERTY, surrounded by stars along the edge of the coin.
On the reverse side is one cent within a wreath made up of various plants such as oak leaves and wheat stalks.
This classic look coupled with its scarcity makes it highly sought after by collectors.
Mintage Of The 1847 Large Cent
The 1847 Large Cent is a numismatic masterpiece of the highest order. It was minted in an incredible quantity, with millions upon millions produced - more than any other large cent to date! This coin has become one of the most sought-after pieces for collectors and investors alike due to its rarity and beauty.
Its obverse design features Lady Liberty facing left surrounded by 13 stars representing each original colony. On the reverse, there is a wreath encircling the denomination 'ONE CENT.'
This iconic coin from American history also carries a hefty premium over its face value; it's not uncommon for these coins to sell at auction for hundreds or even thousands of dollars. The fact that so many were produced means availability isn't an issue; however, some specimens may be harder to find depending on their specific grade and condition.
For those looking to add this historic piece to their collection, they should act quickly as prices are likely only going up as demand increases - don't miss your opportunity!
Design Of The 1847 Large Cent
The mintage of the 1847 Large Cent was significant, and its design holds many fascinating details.
The obverse features a classic rendition of Lady Liberty with her hair tied back in a bun and decorated with a ribbon inscribed “Liberty”. On either side of her are two stars representing the states that had joined the union by 1847. In addition to these features, there is a wreath surrounding the portrait, which is composed of wheat ears on one side and oak leaves on the other.
The reverse of the coin depicts an image of a shield adorned with thirteen vertical stripes alternating between six full ones and seven broken ones, symbolizing unity among America's original colonies. Encircling this imagery is an inscription reading 'United States Of America.' Below this inscription is yet another one that says 'One Cent,' indicating what denomination the coin represents.
In addition to its impressive display of symbolism, this particular cent piece also marks some notable changes from previous versions.
Firstly, it was struck at two separate mints: Philadelphia and New Orleans; whereas prior designs were only produced in Philadelphia alone. Secondly, instead of having lettering around the perimeter as seen before, each date has been placed within a round beaded border for easier recognition when viewing coins from different years or mints.
It's clear why so many collectors appreciate this incredibly detailed item!
Rarity Of The 1847 Large Cent
The 1847 Large Cent is a rare and unique coin, as elusive to numismatists as an oasis in the desert. It is one of the most sought-after coins for any collector because its mintage was relatively small compared to other years.
To own such an impressive piece of American history is truly special, for it symbolizes not only a time gone by but also monetary value that has been passed down through generations. Like a diamond waiting to be found among pebbles in a riverbed, this precious treasure contains a rich layer of complexity that's often overlooked or ignored.
Its intricate design speaks volumes even without words, making it valuable both aesthetically and monetarily. Not many coins can match up to the quality and craftsmanship put forth in creating the 1847 Large Cent.
To have one of these gems tucked away safely in your collection is something no true numismatist should pass up on. Its rarity ensures that each find will be highly prized and treasured for years to come – a testament to America’s past and future prosperity all encapsulated into one remarkable coin.
Value Of The 1847 Large Cent
Apart from rarity, the 1847 large cent is highly sought after for its value.
Numismatists consider this one of the most valuable coins in American history for multiple reasons:
- Its age and significance to collectors:
- The coin was minted over 170 years ago, making it an incredibly rare find even among seasoned numismatists.
- It carries a great deal of historical importance within the realm of collecting as it marks the transition from Bust Cents to Braided Hair Cents during a time when America's currency was changing drastically.
- Its condition and eye appeal:
- Many specimens have survived in uncirculated condition due to their low mintage figures and high collector demand at the time they were produced.
- These pieces are admired by many due to their intricate design elements that often feature undamaged devices with sharp details.
Given its tremendous impact on numismatic culture and its outstanding quality, these coins can be worth hundreds or even thousands of dollars depending on grade and type.
This makes them highly attractive investments for both beginners and experienced coin collectors alike who want to add something truly special to their collections.
Popularity Among Collectors
The large cent, or the one-cent coin of the United States minted from 1793 to 1857 has become a highly sought after collectible. Its popularity among numismatists and collectors continues to grow as more people get interested in its history and rarity.
| Rarity | Grade | Value (USD) |
|---|---|---|
| Common Date | Good+ | $5 - $20 |
| Rare Date | Uncirculated | $200 - $400 |
| Very Rare | AU50 | $2,000 - $10,000 |
The demand for these coins have steadily increased over time due to their beauty and historical significance with certain dates being rarer than others. For example, an uncirculated common date coin may be valued around 200 dollars while a very rare Unc/AU grade can be worth up to 10 thousand dollars. This makes them attractive investments for both professional numismatists and amateur collectors alike. With so much variety available it is easy to understand why this type of coin has become so popular.
Frequently Asked Questions
Where Can I Find A 1847 Large Cent?
As a numismatist, I'm often asked where one can find an example of a 1847 large cent.
The large cent was first produced in 1793 and remained the primary circulating coin until it ceased production in 1857 due to its high cost of production compared to smaller coins.
Though not as common as other years, there are still some examples of the 1847 large cent available for collectors who are willing to do their research.
Many reputable dealers specialize in early American coins and offer different grades based on condition that could be suitable for you depending on your budget.
Additionally, sites such as eBay also have listings from both established sellers as well as individual private sellers who may have rare or hard-to-find pieces available at reasonable prices.
What Is The Difference Between The 1847 Large Cent And Other Large Cents?
When it comes to large cents, each year has its own unique features that make them stand out from the rest. The 1847 large cent is no different; with its slightly larger diameter and heavier weight than other years' issues, it stands apart as a true numismatic treasure.
Its design also differs from many of the other coins issued during this time period, featuring a wreath surrounding the word 'Liberty' on top of a shield.
While these details may seem minor at first glance, they can be used to identify an authentic piece of history and ensure you have one of the rarest large cents in your collection.
Is The 1847 Large Cent A Good Investment?
Numismatists often consider large cents to be a sound investment, and the 1847 variety is no exception.
Its historical significance and rarity make it an attractive option for collectors looking to diversify their portfolio of coins.
It's also known as one of the most iconic symbols of America's early currency system, which further adds to its appeal.
How Can I Tell If My 1847 Large Cent Is Authentic?
Authenticating a large cent can be tricky for numismatists and non-experts alike.
The most important aspect to consider is the coin's strike, which refers to its depth of detail; coins with shallow strikes were often counterfeited or heavily worn.
Additionally, look out for signs of alteration such as scratches, chipping around the edge, or discoloration from cleaning agents.
Authentic coins will also have raised lettering that is still visible despite age and wear.
Finally, consult a professional if you are ever in doubt about the authenticity of your large cent!
Is The 1847 Large Cent Still In Circulation?
The 1847 large cent is no longer in circulation, but its legacy remains.
This coin has become a popular collectible item amongst numismatists due to its rarity and historic significance. In fact, it’s estimated that only 2 million of these coins were ever created – making them one of the most sought-after pieces by collectors.
With their unique designs and historical value, they make an interesting addition to any collection. If you have the chance to acquire an authentic 1847 large cent, you’re sure to have a valuable piece worthy of admiration!
Conclusion
I, as a numismatist, believe that the 1847 Large Cent is an important piece of American history and can be a great investment.
Its rarity makes it desirable to collectors and investors alike.
Although it may not still be in circulation today, its symbolism represents the strength of our country during its early years and should continue to be appreciated for many generations to come.
With proper care and authentication, this coin could hold tremendous value in anyone's collection.