1817 1C 15 Stars, BN (Regular Strike)
The 1817 1C 15 Stars Large Cent holds a unique place in numismatic history due to its distinct anomaly—the inclusion of 15 stars on the obverse. Typically, early American coinage showcased 13 stars representing the original colonies, but a die engraver error resulted in two additional stars. This variety stands out not only due to its extra stars but also as the only known large cent variety from 1817, as other cents from this year feature the standard 13 stars.
Mint and Mintage Details:
Mint Location : Philadelphia
Mintage : 3,948,400
PCGS Number : 1597
Rarity and Significance:
The 1817 15 Stars Large Cent is considered a key variety among large cents, primarily due to its unique obverse star count. Although the overall mintage for 1817 cents was nearly four million, the 15 Stars variety comprises only a small fraction of this number. As such, it holds rarity and intrigue for coin collectors and historians.
Historical Context:
This type of error reflects the craftsmanship and challenges of early 19th-century mint operations. Each die was hand-punched, allowing for human error such as this. Its scarcity increased as coin dies were replaced once errors were discovered, leaving fewer examples for collectors over time.
Value Trends and Auction Records:
The value of an 1817 15 Stars Large Cent can vary significantly depending on its condition. In lower grades like Good or Very Fine, prices generally range from $100 to $300. However, specimens in Mint State grade (MS) are rare and can achieve much higher prices at auction. For instance, a Mint State example may fetch several thousand dollars, while an exceptionally well-preserved MS65 Brown (BN) coin has been known to trade hands for figures rising beyond $20,000. Auction results provide insight into the market for these rare coins. For example, sales from prominent numismatic auctions have recorded prices that reflect not only the rarity and demand but also burgeoning interest in error coins and their historical significance.
Numismatic Insights:
From a numismatist's perspective, the 1817 15 Stars Large Cent garners interest not only as an error coin but also as a narrative of the minting culture of its time. Such coins highlight the manual and precise nature of early American coin production where small errors could lead to distinct varieties. Collectors value these coins not just as currency but as historical artifacts that provide a glimpse into the fledgling nation's development and its burgeoning numismatic identity. The peculiarities and historical intricacies surrounding the 1817 15 Stars Large Cent, coupled with its relative scarcity, make it a highly sought-after piece for collectors aiming for a comprehensive collection of early American coinage. It is a quintessential example of how minting mishaps from over two centuries ago still capture the fascination of numismatists today.
