1819 1C, BN (Proof)
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The 1819 1C BN (Proof) is a highly regarded and exceedingly rare coin within the numismatic community. Struck at the Philadelphia Mint, this coin is a testament to early 19th-century American coinage, offering collectors a glimpse into the era's craftsmanship and artistic merit.
Mintage and Rarity
The mintage of the 1819 1C BN (Proof) is not precisely documented, but it is estimated to be extremely low, often suggested to be fewer than a dozen pieces. This scarcity makes it one of the more elusive coins for collectors of early American proofs. The rarity of the 1819 Proof Large Cent arises from the minting process during this period, where Proof coins were produced sparingly, often as presentation pieces or for collectors directly connected to the Mint or government.
Numismatic Significance and History
From a numismatist's perspective, the 1819 1C BN (Proof) is notable for its historic context and the technical prowess it represents. These coins were struck during a transitional time in American coinage, reflecting changes in technology and aesthetic sensibilities. The satin-like surfaces and sharpness of detail are characteristic of early American proofs, making this coin highly desirable for its visual appeal and historical significance. The Philadelphia Mint, in the early 19th century, was the sole producer of American coinage, and the proof pieces from this era often served as important records of the Mint's work and intentions. The copper used during this period results in the distinctive "BN" or "Brown" categorization, as the coins typically develop a rich, brown patina over time due to oxidation.
Market Value and Auction Records
The market value of an 1819 1C BN (Proof) can vary significantly based on its condition and provenance. Generally, these coins command high prices at auction due to their rarity and historical importance. For instance, specimens that have appeared in recent years have reached notable prices, with some achieving tens of thousands of dollars, illustrating the strong demand among collectors and investors alike.
For exact sales data, auction houses have recorded several notable transactions. While specific sales figures can fluctuate, understanding past auction results helps gauge the coin's present market standing. Numismatic experts note that owning an 1819 1C BN (Proof) offers not only a piece of American history but also a tangible asset that holds considerable value and prestige.
PCGS Information
According to PCGS CoinFacts, the 1819 1C BN (Proof) holds a specific PCGS number, #1768. As a guideline for collectors, PCGS provides a framework for authentication and grading, essential for determining the coin's condition and potential market value. The grading process considers strike, preservation, and market acceptability, important criteria that can significantly impact the coin's worth.
With its rich historical narrative, striking design, and rarity, the 1819 1C BN (Proof) remains a pinnacle of early American numismatics. Its presence in any collection highlights a commitment to preserving the legacy of America's early monetary system and its evolution through time. As collectors and historians explore these coins, each piece tells the story of an era where the artistry and functionality of coinage were paramount.
