1803 1C Large Date, Small Fraction, BN
The 1803 1C Large Date, Small Fraction, BN (Brown) is an intriguing piece from the early days of U.S. coinage, with its unique features and historical context captivating numismatists and collectors. This particular Large Cent variety is recognized for its "Large Date" and notably "Small Fraction" on the reverse, which provides a distinct characteristic making it a sought-after collectible. The 1803 large cent was minted in Philadelphia, the only mint operational at the time, with a total mintage of 3,131,691 coins for all varieties combined. From a numismatist's perspective, the 1803 Large Date, Small Fraction large cent is notable for its artistry and the slight variations that emerged from the minting processes of the early 19th century.
This coin is part of the Draped Bust series, designed by Robert Scot, and its features, like the fraction bar on the reverse displaying the fraction "1/100" in a smaller font than usual, are of particular interest for enthusiasts who focus on die varieties and mint errors. The rarity of the 1803 Large Date, Small Fraction, BN, lies in its specific die combination and relative scarcity compared to other varieties of the year. This variation contributes to its higher desirability among collectors, especially those assembling a complete type set or specializing in early American copper coins. According to PCGS CoinFacts, the coin is categorized under PCGS #1497, which is often used by collectors and dealers to identify it efficiently within the market.
In terms of market performance, this variety has seen significant interest in recent years, with auction results reflecting its status among collectors. Depending on the coin's condition, or grade, it can achieve notable prices. In circulated grades, it remains accessible, whereas higher grades, particularly those in XF (Extremely Fine) or AU (About Uncirculated) conditions, command premium prices. Noteworthy past sales include specimens fetching several thousand dollars at auction. For instance, a high-grade example might sell for anywhere from $5,000 to over $20,000, with pricing influenced by the coin's state, eye appeal, and provenance.
Such auction results underline the competitive nature of acquiring this coin in top condition and highlight its enduring appeal. From a historical viewpoint, the 1803 Large Cent offers a glimpse into the early U.S. minting operations and the challenges faced in producing consistent coinage during the nation's formative years. The differences in dimensions and design elements like those seen in the Small Fraction variety are part of what makes these coins an exciting area of study and collection. Collectors interested in the 1803 1C Large Date, Small Fraction, BN often seek to understand its background, identifying subtle differences in dies and examining historical auction records to guide their acquisitions. As a result, this piece remains a staple of early American numismatics, celebrated for its classical design and intriguing production nuances.
