1800/79 1C, BN (Regular Strike)

The 1800/79 Draped Bust Cent, 1C, BN (Regular Strike) is a fascinating piece for numismatists and collectors due to its rich history and unique overdate feature. This coin, bearing the 1800 date with an overdate inscription from the previous year, 1799, is a part of the Draped Bust series and showcases a fascinating intersection of American history and numismatic artistry. ### Mint and Mintage The 1800/79 cent was minted at the Philadelphia Mint, which was the first official United States mint established in 1792. The exact mintage figures for this overdate variety are not available as they were grouped together with the total mintage of the 1800 cents, which stood at approximately 2,822,175 coins. This makes the 1800/79 overdate a scarce find, particularly in higher grades. ### Rarity and Collectibility Rarity plays a significant role in determining the value of this coin. The 1800/79 overdate is considered quite rare, especially in well-preserved conditions. The overdate feature, where the last two digits of the date are visibly altered from "79" to "00", adds a layer of intrigue for collectors. This minting error offers hints of the technological and resource constraints of the early U.S. Mint operations. ### Value and Auction History The value of the 1800/79 Draped Bust Cent can vary drastically based on its condition. A coin classified as Good (G-4) to Very Good (VG-8) may fetch prices ranging from hundreds to thousands of dollars, depending on the demand and specific characteristics of the coin. In higher grades such as Extremely Fine (XF) or About Uncirculated (AU), prices can escalate dramatically, sometimes fetching tens of thousands of dollars at auction due to their scarcity in these conditions. As a reference, coins of this variety have achieved considerable amounts at prestigious auctions. Sales of specimens graded by PCGS have seen prices soaring significantly, with the finest known examples setting benchmarks for future trades. The unique appeal and historical connotations of the overdate error make such coins prime targets for auction bidders and private sales. ### PCGS Information According to the Professional Coin Grading Service (PCGS), the 1800/79 1C, BN, is designated with the PCGS number 1465. This number is crucial for numismatists and collectors seeking authentication and verification from a recognized grading service. Coins graded by PCGS are often preferred in the market due to their verified authenticity and grading standards. ### Historical Context The Draped Bust design, introduced in 1796, was created by artist Robert Scot and depicts Liberty with flowing hair, a symbolization of freedom and the youthful spirit of the nation. The reverse showcases an agricultural theme with a wreath, representing prosperity and unity. The 1800/79 cent embodies the U.S.'s formative years at the dawn of the new century, echoing the growing pains of a young nation finding its identity. ### Conclusion The 1800/79 Draped Bust Cent, 1C, BN, holds a special place in the annals of numismatics due to its rarity, historical significance, and the intriguing overdate feature. With its historical charm and scarcity, it captures the essence of early American coinage, making it a coveted item for collectors and historians alike. Whether discovered in a dusty attic, inherited, or acquired through auction, this piece represents an enduring connection to the past that enriches any numismatic collection.