1839 1C Head of 1838, BN
The 1839 1C Head of 1838, BN (Regular Strike) is an intriguing coin for collectors, primarily because of its transitional nature in design, making it a sought-after piece for numismatists. Minted in Philadelphia, this particular cent is part of the Liberty Head Large Cents series. What makes this coin notable is that it's one of the last to feature the Matron Head design, also known as the Head of 1838, before transitioning fully to the Braided Hair design later in 1839.
From a rarity standpoint, these coins hold a special place in numismatic collections due to their limited mintage and the transitional design. According to PCGS CoinFacts, the precise mintage for the 1839 Head of 1838 Large Cent is not distinctly recorded, as it falls within the larger group of 3,128,661 large cents minted that year. The particular design nuances, however, distinguish it effectively for collectors. The PCGS identification for this coin is #1744.
The market value of the 1839 1C Head of 1838, BN can vary based on its condition, rarity, and historical significance. Prices generally range from a few hundred dollars for coins in good condition to several thousand for those with higher grades. Recent sales from auction houses illustrate the demand for this coin. For instance, an 1839 Head of 1838 Large Cent graded MS63 by PCGS can command a price upward of $3,000, whereas those in lower grades, like VF20, may be sold for around $200 to $300. The historical context of this coin is rooted in the period of economic uncertainty in the United States following the Panic of 1837.
The production techniques and materials used for the large cents during these years reflect the evolving Mint practices. Collectors appreciate the 1839 1C Head of 1838 for both its aesthetic attributes and role in numismatic history as a bridge between two major design eras. Information from CoinFacts emphasizes the importance of dyes and small variations that can affect a coin’s desirability and value significantly. In terms of auction relevance, this coin regularly makes appearances in major sale events, where its price is both an indicator of current market trends and collector interest.
Understanding the minting, design transition, and the economic backdrop of its production can significantly enhance a collector's appreciation and strategic acquisition of the 1839 1C Head of 1838, BN, adding both a unique conversational piece and a solid investment to their collection.
