1798 1C Reverse of 1795, BN (Regular Strike)

The 1798 1C Reverse of 1795, BN (Regular Strike) is a fascinating and storied coin in the realm of numismatics, capturing the interest of both seasoned collectors and historians. This particular variant of the 1798 Draped Bust Large Cent is known for its reverse design, which matches that of the 1795 cents, notably featuring the "Reverse of 1795" style. These coins were produced at the Philadelphia Mint, a significant mint for early American coinage, and they are cataloged under the PCGS number 1433. **Mintage and Rarity:** The 1798 Draped Bust Large Cent boasts a total mintage of approximately 1,841,745 pieces, though the exact number for the Reverse of 1795 variety remains uncertain due to the lack of detailed mint records from that era. Despite this obscurity, the variety is considered to be relatively scarce compared to other 1798 varieties, making it quite desirable among collectors. **Numismatic Significance and History:** From a numismatist's perspective, the 1798 1C Reverse of 1795, BN is significant due to both its reverse design and its historical context. Coins from the late 18th century reflect the fledgling United States' endeavor to establish a robust national coinage. This cent was part of a series that transitioned away from the simplistic Flowing Hair design and embraced the more symbolic Draped Bust motif, attributed to artist Gilbert Stuart and engraver Robert Scot. The "Reverse of 1795" designation denotes the presence of a reverse die style used three years prior, identified by distinctively spaced lettering and leaf arrangements. Such die varieties are an essential focus for variety collectors, and this crossover has spurred significant intrigue due to its historical linkage to earlier issues. **Market Value and Sales:** The market value for the 1798 1C Reverse of 1795 varies significantly based on condition, with higher grades fetching premiums due to their scarcity. In the lower circulated grades, they can be accessible to various collector budgets, typically ranging from a few hundred to several thousand dollars. However, exceptional specimens command much higher prices. For example, well-preserved examples have sold for impressive amounts at numismatic auctions. One notable sale featured a higher-grade piece (graded XF40 by a recognized grading entity), which achieved a sale price in the vicinity of $14,100 due to its excellent condition and the rarity of such high-grade specimens. **Collector Considerations and Investing:** Collectors seeking the 1798 1C Reverse of 1795 should be vigilant about authenticity and condition factors such as rim integrity, surface quality, and counterfeiting. It's advisable to consult grading reports and provenance details, especially for significant acquisitions. Auction records and dealer inventories can provide updated insights into pricing trends and availability, serving as a guide for potential investment opportunities. As one delves into the world of early American copper coinage, owning a piece like the 1798 1C Reverse of 1795 not only enriches a collection but connects the collector to a transformative period in American history, offering a tangible link to the nation's nascent economic narrative. This cent’s storied past and distinctive features ensure its continued appeal and prominent place within numismatic circles.