1820 1C Large Date, BN
The 1820 1C Large Date, BN (Brown) Regular Strike is a fascinating piece for numismatists and collectors due to its history, rarity, and appeal. This coin, minted in Philadelphia, is a part of the large cent series known as the Coronet Head or Matron Head series, coined from 1816 to 1839.
Mint and Mintage
Philadelphia Mint is where the 1820 Large Date cents were produced. According to PCGS CoinFacts, the total mintage of 1820 Large Cents was approximately 4,407,550. However, not all of these were the Large Date variety. More specific mintage numbers for Large Date variants are not distinctly recorded, contributing to the intrigue and challenge in collecting them. The PCGS number for the 1820 Large Date, BN cent is 1592.
Rarity and Collectibility
The 1820 1C Large Date features a larger date on its obverse compared to its smaller date counterpart, making it a variant of interest for enthusiasts. This coin's rarity is compounded by natural attrition over the years, which has made those surviving in higher grades significantly scarce. In the realm of coin collecting, the Brown (BN) designation indicates the natural toning of copper coins over time. A coin may start as Red (RD) or Red-Brown (RB), but environmental factors and age typically result in a Brown appearance. Brown coins can still exhibit traces of their original mystical copper luster, making them unique.
Value and Market Performance
The market value for the 1820 1C Large Date, BN depends on its grade and condition. Well-preserved examples attract significant interest and thus command higher prices in the collector market. In recent sales, these coins have been known to fetch anywhere from several hundred to several thousand dollars. For instance, an attractive, high-grade example, graded MS63BN by PCGS, might sell for upwards of $2,000 or more. Historical data shows variability in sale prices due to factors like provenance, eye appeal, and demand. For collectors, locating an 1820 Large Date in mint-state condition represents a notable challenge. Auction records highlight instances where these coins have exceeded estimated values, reflecting their desirable nature among numismatists.
Historical Context
The Large Cent series holds a crucial place in American numismatic history. The 1820 Large Cent encapsulates the economic and industrial advancements of early 19th-century America, a period where coinage began to take on national significance. The Coronet Head design, featuring Liberty with loosely bound hair and a simple, yet engaging artistic style, reflects a pre-Civil War era striving for identity and unity. Whether one is delving into a collection of Coronet Head cents or focusing on early American copper coins specifically, the 1820 1C Large Date, BN stands as a noteworthy pursuit. Its scarcity, coupled with historical appeal, continues to captivate collectors and historians alike, ensuring its relevance and allure in numismatic circles. These factors make it a sought-after piece that significantly enhances any collection it graces.
