1830 1C, BN (Proof)
The 1830 1C, BN (Proof) Large Cent is a coin of notable rarity and historical significance, valued highly among numismatists and collectors due to its limited mintage and the unique characteristics of early 19th-century American coinage. This coin hails from the Philadelphia Mint, where it was part of the limited proof production typical of the period, often created for special occasions or presentations.
History and Numismatic Significance
The 1830 Large Cent belongs to the Classic Head series, which was produced from 1808 to 1836. Designed by John Reich, this series is distinctive for its depiction of Liberty with classical Greco-Roman features, differentiated notably from earlier Draped Bust designs and later Coronet Head issues. The Classic Head series, particularly in proof format, represents an era of reduced mintage quality and quantity, reflecting the turbulent economic period of early 19th-century America. Proof coins like the 1830 1C, BN (Proof) were struck in exceptionally low numbers, often limited to less than a handful, making them exceedingly rare and sought after in the numismatic community.
Rarity and Mintage
The 1830 Large Cent in Proof condition is extremely rare, with only a small number believed to exist today. Although exact mintage numbers are not well-documented due to the informal record-keeping at the time, the estimated surviving population is typically less than ten examples. This limited availability enhances its allure and value.
Value and Market
Performance Given its rarity, the 1830 1C, BN (Proof) commands a premium in the numismatic market. Values for this coin can vary significantly based on condition, provenance, and market conditions. Remarkably, one such example achieved a high auction price, well above other proofs from the same era, attesting to its desirability among collectors. For instance, a specimen might realize prices upwards of six figures in major auction sales due to its rarity and demand.
PCGS CoinFacts and Key Details
According to PCGS CoinFacts, the 1830 1C, BN (Proof) is listed under PCGS #91792, providing a comprehensive reference for collectors. The service's designation helps authenticate and grade examples, playing a crucial role in determining market value and preserving historical integrity.
Collecting Considerations
For collectors, the appeal of the 1830 1C, BN (Proof) lies not only in its rarity but also in its historical context. Collectors must pay keen attention to provenance and condition, as these factors significantly influence the coin's market price. Investing in reputable certification ensures authenticity and protects against counterfeits that occasionally appear due to the coin's value. In conclusion, the 1830 1C, BN (Proof) is more than just a collector's item; it is a piece of early American history, encapsulating the artistry, economic conditions, and evolving minting technology of its time. Enthusiasts specializing in early US cents view it as a cornerstone for any serious collection of early American numismatics.
