1843 1C Petite Head, Sm Letters, BN (Proof)
The 1843 Liberty Head Large Cent, particularly the "Petite Head, Small Letters" variety, is a coin of notable rarity and historical significance among numismatists and collectors. Minted at the Philadelphia Mint, this coin is part of the Braided Hair Large Cent series, which was in production from 1839 to 1857.
The "Petite Head" designation describes the slightly smaller portrait of Liberty on the obverse, while the "Small Letters" variety is characterized by the finer, narrower lettering on the reverse. The 1843 1C "Petite Head, Small Letters" in Brown (BN) with Proof finish is a significant collector's item due to its scarcity. For the proof version of this coin, exact mintage numbers are elusive, but estimates suggest that fewer than 20 proof examples were struck.
The Proof coins of this era were typically produced in very limited quantities, primarily for collectors and dignitaries, which further amplifies the rarity of these coins today. In terms of historical significance, the Petite Head design reflects a period of transition in U.S. coinage. This era was marked by gradual changes in design, as engravers sought to perfect the artistic representation of Liberty. These coins offer a glimpse into the experimental designs and the evolving techniques of mint workers in the mid-19th century.
Recent sales of the 1843 1C "Petite Head, Small Letters" in Proof condition illustrate its strong market value among collectors. Prices can vary significantly based on the coin's condition and eye appeal. High-grade examples can command prices from several thousand dollars to over $20,000 in the market, depending on provenance and specific characteristics. According to PCGS CoinFacts, the PCGS number for the 1843 1C Petite Head, Small Letters, BN Proof is 1958. Collectors often refer to PCGS as a reliable source for authentication and grading, providing essential information for evaluating the coin's condition and rarity.
For collectors interested in acquiring this rare piece, the market includes various auction results that underscore its desirability. Notable auction houses regularly feature such coins, offering transparent records of historical sales prices, which provide a benchmark for prospective buyers. These records help collectors make informed decisions based on trends and past performance in the coin collecting community. In conclusion, the 1843 1C "Petite Head, Small Letters" Proof is a gem for any numismatist, representing not just a piece of monetary history, but also the artistic and technical strides of its era. Its rarity and historical context make it a coveted item, standing as a testament to the intricate developments in U.S. Mint history.
