1798 1C First Hair Style, BN (Regular Strike)

The 1798 1C First Hair Style, BN (Regular Strike) is a fascinating and historically significant coin in the large cent series, minted by the Philadelphia Mint. Understanding its rarity, mintage, and value, along with its numismatic significance, provides a comprehensive view of this particular coin. ### Mint and Mintage The 1798 large cents are part of the Draped Bust series that was produced from 1796 to 1807. The mintage for the 1798 1C is estimated at 1,841,745. However, only a fraction of these coins survive today, and even fewer in collectible condition. ### Rarity and Condition Within the 1798 large cents, the First Hair Style is noted for its rarity among collectors, primarily due to die varieties and the condition of surviving specimens. Grading plays a significant role in determining the coin's market value, as many coins from this era are found in lower grades due to extensive circulation. **PCGS** (Professional Coin Grading Service) provides coin identification with number 1457 for this particular coin. ### Value and Sales The value of the 1798 1C First Hair Style, BN can vary greatly based on its grade and condition. In lower grades, it might fetch a modest price, but in higher grades with clear detailing, values can surge. Auction records reflect this, with prices reaching into the thousands for coins in exceptional condition. Notable sales include examples sold for substantial sums because of their quality and the specific die variety they represent. ### Numismatic History and Significance From a numismatist's perspective, the 1798 1C is cherished not just for its age but for the intricacies of its design changes and die varieties. The Draped Bust design, attributed to designer Robert Scot, was the second major design change in the U.S. large cent series and was a marked departure from the earlier Liberty Cap cents. The "First Hair Style" refers to the design alterations in the curls of Liberty's hair depicted on the coin. Numismatists are particularly interested in studying the various die marriages and varieties. These varieties emerged due to the manual process of die creation in the 18th century, leading to distinct differences even within the same year's issues. Collectors often seek out these die varieties as they represent the historical minting practices and technological limitations of the time. ### Market Trends and Collectability Interest in the early U.S. copper cents, such as the 1798 large cent, is fueled by their historical importance and the challenge of obtaining high-quality examples. The enduring allure of these coins among collectors is partly due to their representation of early American coinage history, as well as their scarcity in fine grades. As the numismatic market continues to evolve, coins like the 1798 1C First Hair Style, BN remain highly sought after, not only as collectibles but as tangible pieces of American history.