1841 1C, BN (Regular Strike)
The 1841 1C, BN (Braided Hair Large Cent) is a fascinating coin that has captivated numismatists for decades. Minted in Philadelphia, the 1841 Braided Hair Large Cent is a part of the series produced from 1839 to 1857. This coin, in particular, is highly sought after due to its historical appeal and the era it represents.
Rarity and Mintage
The mintage of the 1841 Braided Hair Large Cent is recorded at 1,597,367. While this figure suggests a substantial production, the survival rate in good condition is what determines the coin's rarity today. As time has passed, high-grade specimens have become increasingly rare, making well-preserved examples more desirable among collectors.
Value and Auction Sales
The value of the 1841 1C, BN can range significantly depending on its condition, with well-preserved examples fetching significant prices at auction. In circulated grades, the coin can be valued at just a few hundred dollars, but in high grades such as Mint State (MS62 and above), prices can exceed several thousand dollars. For instance, an MS65 example could command a price upwards of $5,000. Notably, recent auction activities have seen coins in this series achieve prices like $3,500 for a coin graded MS64, exemplifying the coin's robust market demand.
Historical Significance
From a numismatist's perspective, the 1841 1C, BN is a vivid representation of the Braided Hair design, which was introduced to alleviate production costs and improve coinage efficiency. The series was notably designed by Chief Engraver Christian Gobrecht. This particular year's coinage reflects the socio-economic conditions of early 19th-century America, postdating the Panic of 1837, which influenced American coinage and facilitated shifts in minting technology and artistic expression.
Details from CoinFacts and PCGS
According to PCGS CoinFacts, the official identification number (PCGS #) for the 1832 Large Cent is 1852. The site details information on grading and pricing tiers, reflecting the coin's historical importance and current market valuation. Collecting the 1841 1C, BN comes with an appreciation of early American history and the artistry of a bygone era. As collectors and numismatists continue to delve into its history, the coin persists as an emblem of American heritage and numismatic interest.
