1834 1C Lg 8 Lg Stars Med Let, RB (Regular Strike)
The 1834 1C Large 8 Large Stars Medium Letters, Red-Brown (RB) is a notable variety within the Large Cent series, prized by collectors for its distinctive features and historical significance. Minted in Philadelphia, the 1834 Large Cent is part of the Matron Head series, which ran from 1816 to 1839. This particular variant is distinguished by its large numeral "8" in the date and prominent star design with medium-sized letters, adding a distinct charm to its overall appearance.
Mintage & Numismatic Significance:
The total mintage for the 1834 Large Cent, including all varieties, totals approximately 1,855,100 coins. However, within this mintage, the Large 8 Large Stars Medium Letters variety holds special interest among numismatists due to its unique stylistic elements.
PCGS Information:
According to PCGS CoinFacts, this variety is cataloged under the PCGS #1703. Its rarity is moderate in terms of availability, with most examples surfacing from collections or estate sales. The condition of these coins greatly influences their market value, with well-preserved examples fetching significantly higher prices.
Value & Market Performance:
Market value for the 1834 Large 8 Large Stars Medium Letters, RB variety fluctuates based on condition and availability. In lower grades such as G-4 to VG-8, prices can range from approximately $40 to $100. However, in higher grades like MS-60 or above, prices can sharply increase, often exceeding $1,000, with premium examples reaching several thousand dollars. For instance, a recent sale of an MS-65 RB by a reputable auction house fetched over $9,000, highlighting the demand for high-grade specimens.
Historical Context & Collector Appeal:
From a numismatist's perspective, the 1834 Large Cent reflects economic conditions and technological advancements of early 19th century America. The design alterations seen in the Large 8 and Large Stars are indicative of the era's evolving minting practices. Collectors deeply appreciate this coin not only for its aesthetic appeal but also for its representation of a transformative period in U.S. coinage history. Overall, the 1834 1C Large 8 Large Stars Medium Letters, RB variety remains a sought-after piece, adding a touch of historical intrigue and rarity to any collection.
