1840 1C Small Date, BN (Regular Strike)
The 1840 1C Small Date, Brown (BN) Liberty Head Large Cent is an intriguing piece for numismatists and collectors alike due to its relatively scarce availability and historical significance. Struck at the Philadelphia Mint, this variety is part of the broader series of large cents that were produced from 1793 to 1857. Known for their substantial copper composition, these coins hold a special place in early American numismatics.
Mintage and Specifications
The total mintage for the 1840 1C is approximately 2,462,700. However, the Small Date variety constitutes a smaller portion of this total, making it less common. The PCGS (Professional Coin Grading Service) #1823 identifies this particular variety, assisting collectors in determining authenticity and assessing quality.
Rarity and Collectibility
While not the most rare large cent, the 1840 Small Date BN variety commands attention due to its distinctive date typography—a recognized minor variety. Its scarcity in higher grades contributes significantly to its value, with well-preserved examples being quite desirable. In lower-circulated grades, the coin is more attainable for novice collectors, though it maintains significant historical appeal.
Value and Market Performance
The value of an 1840 1C Small Date, BN, can vary widely depending on its condition, with well-preserved specimens proving highly valuable. For example, coins graded by PCGS in VF (Very Fine) condition can fetch several hundred dollars, while those in au (About Uncirculated) or MS (Mint State) condition can command prices in the thousands. Recent auction sales have demonstrated strong interest, with some high-grade examples achieving notable premiums.
Historical Context and Numismatic Interest
The Large Cent series, which includes the 1840 Liberty Head Small Date, reflects early American coinage craftsmanship and the evolving technologies of the U.S. Mint during the early 19th century. This period was marked by a transition from hand-engraved to mechanically reeded edges. Numismatists are drawn to the 1840 Small Date for its place within this pivotal era, appreciating not only its aesthetic attributes but also its representation of American monetary history.
Contextual Information from CoinFacts
According to PCGS CoinFacts, the 1840 Small Date is particularly esteemed for the way it captures the transitional artistry of the time. Collectors often seek out this variety to complete their date and variety sets, adding a layer of challenge and intrigue to their collections. Whether pursued for its historical significance, rarity, or simply as an investment, the 1840 1C Small Date BN remains an essential part of numismatic study and collection, offering a tangible connection to the rich tapestry of American history.
