1828 1C, BN (Proof)
The 1828 1C, BN (Proof) is a remarkable coin within the numismatic community, celebrated for its rarity and historical significance. This proof large cent was minted in the Philadelphia Mint, known for its precision and artistry during the early 19th century. With the Philadelphia Mint operating as the sole minting facility during this period, the 1828 Proof Large Cent stands out as a unique testament to the mint's craftsmanship.
Mint and Mintage
Mint: Philadelphia
Mintage : Estimated fewer than 10 specimens produced
PCGS # : 1789
Rarity and Historical Context: The 1828 Proof Coronet Head Large Cent is exceptionally rare, with an estimated mintage of fewer than 10 pieces. As a result, it is highly sought after by collectors and stands as a beacon of early American proof coinage. The rarity is accentuated by its historical significance, capturing a period of transition in U.S. coinage when striking proof coins was not a common practice.
Market Value and Auction Sales:
Given their scarcity, these proofs command impressive values at auction. Their sales often capture the attention of seasoned numismatists and collectors. For instance, an 1828 1C, BN (Proof) in well-preserved condition was sold at auction for significant sums, often ranging from $185,000 to over $250,000, depending on the coin's condition and provenance.
Numismatic Significance
From a numismatist's perspective, the 1828 Proof Large Cent is a masterpiece of early American coinage. The coin's design reflects the Coronet Head style, with intricate details and a soft brown patina typical of the era. The proof designation indicates a specimen struck with special care, with mirrored fields that differentiate it from circulation strikes.
Coin Facts from CoinFacts.com: -
The Coronet Head design was an evolution from earlier designs, aligning with the tastes and technological advances of the period. - Proofs like the 1828 1C were not widely distributed to the public, often reserved for influential individuals or institutions, which further augments their rarity and desirability today. - Many of the remaining examples are housed in prominent collections or institutions, cementing their place in numismatic history. Overall, the 1828 1C, BN (Proof) is not just a piece of currency but a tangible piece of American history. Its rarity, condition, and resonant history make it an exemplary artifact that continues to captivate and inspire coin collectors and historians alike. Collectors are advised to watch carefully for appearances of this coin at auction, given its scarcity and competition amongst serious collectors.
