1846 1C Small Date, BN (Regular Strike)
The 1846 1C Small Date, BN is a noteworthy emission from the mid-19th century that has captured the interest of numismatists due to its particular features and historical context. This regular strike coin, minted in Philadelphia, offers intriguing insights related to its rarity, mintage, and value in today's collector's market. The 1846 1C Small Date is part of the Braided Hair Large Cent series. It was produced during a period characterized by significant economic growth and expansion in the United States, making it an attractive artifact from a historical standpoint. The coin is distinguished by its small date configuration, a minor variation yet significant enough to spark interest among collectors.
Mintage for the 1846 Small Date variety was not individually recorded, but the overall mintage for the year 1846, which includes both large and small date varieties, stands at 2,390,000. Within this mintage, the Small Date variation remains more elusive, contributing to its desirability and higher value compared to the more common Large Date counterpart. From a rarity perspective, the 1846 1C Small Date, BN is considered relatively scarce.
Collectors often seek this variant due to its distinct characteristic and the challenge it presents in assembling a complete set of Large Cents. Adding to its allure is the limited number of specimens that have survived in high grades, making high-grade uncirculated examples exceptionally valuable. PCGS CoinFacts provides an informative view of the 1846 1C Small Date, BN, listing it under PCGS #1865. This reference is essential for numismatists looking to accurately identify and evaluate these coins. Generally, coins graded in mint state conditions (MS60 and above) command higher values, reflecting both their rarity and condition.
In the current collectors' market, the value of the 1846 1C Small Date, BN significantly varies depending on its condition. Recent sales illustrate this variance, with coins in lower grades fetching prices in the range of several hundred dollars, whereas high-grade pieces may reach thousands at auction. For instance, a Brown (BN) example in MS60 can see values upwards of $1,500, while finer grades like MS64 can easily achieve prices over $3,000. Historically, auction houses have facilitated sales of this coin, showcasing its demand and providing historical sales data that emphasize its standing.
With attention from notable auction houses, these coins have consistently realized strong prices, supported by their limited availability in high-grade conditions. In conclusion, the 1846 1C Small Date, BN is a cornerstone for collectors of the Braided Hair Large Cent series, appreciated for its distinct date typography and the intriguing story it tells about mid-19th-century America. The combination of its rarity and historical context ensures its continued demand and esteem within numismatic circles.
