1810/09 1C, BN
The 1810/09 1C, BN (Regular Strike) is a fascinating example for coin collectors. This overdate large cent is highly sought after due to its unique history and rarity. Minted in the early 19th century, these coins were part of an era that saw numerous design and production changes in U.S. coinage.
Historical Context & Numismatic Significance : In 1810, the United States Mint, located in Philadelphia, produced this variety of the large cent. The overdate ‘1810/09’ represents a transitional phase, where dies from the previous year (1809) were repurposed by over-punching the last digit with a '10'. This practice was relatively common during that period due to the costs associated with producing new dies. As a result, such coins are prime targets for collectors who have an interest in historical minting practices.
Mintage and Rarity : While exact mintage figures for the 1810/09 variety are not distinctly documented, the general mintage for 1810 large cents was approximately 1,458,500. However, the number of overdate coins was likely much fewer, making this model especially rare. The PCGS (Professional Coin Grading Service) assigns the 1810/09 1C the number 1552, highlighting its recognized place in numismatic catalogs.
Market Value and Auction Insights : The value of an 1810/09 1C can vary significantly based on its condition and grade. Coins graded with higher conditions, especially those with clear overdate features, reach impressive prices at auction. The PCGS has recorded sales where this coin fetched prices in the thousands, showing its worth in the collector's market. Collectors must note that prices dramatically increase for coins above Fine condition, peaking for those in Extremely Fine condition or higher. The BN (Brown) designation refers to the color and surface condition of the coin, adding another layer of specificity to its evaluation.
Analysis from Experts and CoinFacts : CoinFacts notes the distinct characteristics and desirability of the 1810/09 1C due to the clarity of its overdate and preservation state. Mickey Mantle comparisons, used in numismatic circles, reflect the unique nature and desirability of such coins against popular culture icons. Extensive reports show well-documented sales in prominent auction houses, underscoring their appeal. From a numismatist point of view, the coin is not only an artifact of monetary history but an emblem of the minting practices of the time. The appeal lies in both its rarity and educational value, enlightening collectors about the practicalities of early U.S. coin production. Overall, the 1810/09 1C, BN is more than a mere collector's piece; it is a tangible connection to America's numismatic history. Its rarity and significance capture the attention of enthusiasts aiming to own a piece of a pivotal era. As interest in historical U.S. coinage continues to gain momentum, the intrigue and value of this overdate cent are poised to rise.
