1834 1C Small 8, BN
The 1834 1C Small 8, BN (Regular Strike) is a captivating relic from American numismatic history, particularly for collectors of early American copper coins. Minted in Philadelphia, one of the early hubs of the United States Mint, the 1834 Large Cent is part of the "Matron Head" series, which ran from 1816 to 1839. The "Small 8" variety refers to the interesting detail that the '8' in the date on the obverse is smaller compared to other varieties from the same year, making it quite distinct.
With a total mintage of 1,855,100 coins for the 1834 Large Cent, the Small 8 variant is considered rarer but is still relatively accessible for collectors, particularly in lower grades. Collectors are particularly drawn to the nuances in die variations such as this, as it adds an element of intrigue and challenges the completeness of a collection.
From a numismatist's point of view, the 1834 1C Small 8, BN is notable for its historical context and the craftsmanship of early 19th-century minting processes. While not the rarest in the series, it represents an era of coinage that marked the stabilization of American currency and highlights striking errors and variances in die state that occurred in this early period of rapid mint development.
In terms of market value, 1834 Small 8 Large Cents exhibit a significant range depending on condition. In lower grades like Good (G-4), they might fetch between $20 and $40. However, in higher grades such as Mint State (MS-60), the price can escalate into the hundreds of dollars, sometimes reaching even over a thousand in exceptional condition or with noteworthy provenance. These prices are rooted in recent auction results and sales, showcasing the demand for unique varieties that challenge collectors.
The coin is distinguished by its "BN" designation, indicative of the "Brown" toning common in circulated copper coins. Enthusiasts often prize a coin with appealing color and surface details, which can affect its desirability and market value. When evaluating these coins, considerations such as surface preservation, historical strike qualities, and eye appeal are vital.
According to PCGS CoinFacts, the coin is cataloged under the PCGS number 1708, which helps in tracking and verifying its authenticity and grading by professional services. Die variety and condition are critical when evaluating market value and rarity within this series, as their nuances can significantly impact desirability among numismatists.
As with any collectible, pricing and interest in the 1834 1C Small 8, BN can vary depending on market trends and the availability of examples in various conditions. The historical significance and aesthetic qualities continue to captivate collectors, providing a window into early American history and numismatic art.
