1829 1C, RB (Proof)
The 1829 1C, RB Proof Large Cent is a remarkable piece in the numismatic world, known for its rarity and historical significance. This coin is part of the Matron Head series that was minted from 1816 to 1839. The "RB" designation in numismatics refers to the coin's color, which indicates a mix of original red and brown surfaces.
Mint and Mintage
The 1829 Proof Large Cent was minted at the Philadelphia Mint, the sole mint in operation during this period for producing regular-issue coins. The exact mintage of Proof Large Cents in 1829 is not precisely documented, contributing to its rarity. Numismatic experts estimate that fewer than 20 were originally produced due to the nature of early 19th-century proof production methods, which were not documented meticulously.
Rarity and Value
The rarity of the 1829 1C RB Proof comes from its limited mintage and the fact that very few have survived in pristine condition. These coins were not intended for general circulation but rather for collectors and dignitaries, showcasing the minting capabilities of the U.S. Mint at the time. This exclusivity increases its desirability among collectors today. Values for these coins can vary significantly based on their condition and provenance. As of the latest records, examples of this proof coin have fetched impressive amounts at auction. For instance, a piece graded PR64RB realized a price upwards of $25,000, while superior graded coins, such as those in PR66RB, have achieved even higher premiums due to their exceptional state of preservation.
Historical Context
From a numismatist's perspective, the 1829 Proof Large Cent exemplifies the early 19th-century American coinage era, characterized by hands-on minting processes and the use of a screw press. These proofs required skilled mint employees to prepare dies to higher standards and exert additional time and care, making these coins special artifacts from the early U.S. Mint's history.
PCGS Number
According to PCGS Coin Facts, the catalog number for the 1829 1C, RB Proof is 1793. This reference is crucial for collectors when authenticating and valuing this coin.
Noteworthy Sales
In recent years, sales of the 1829 1C RB Proof have confirmed its status as a highly sought-after collectible. Prominent auction houses that have handled these transactions often achieve record-setting prices, underscoring the intense demand among numismatists seeking to own a piece of early American numismatic artistry. Each auction not only highlights the coin's worth but also adds to its provenance, a key component in the coin's desirability and value. In conclusion, the 1829 1C, RB Proof Large Cent remains a prized collectible due to its profound historical significance, rarity, and the allure of its distinct red and brown patina. As the numismatic community continues to pursue these treasured pieces, their legacy and value persistently endure, making them one of the cornerstones of early American coin collecting.
