1846 1C Tall Date, BN (Proof)
The 1846 1C Tall Date, BN (Braided Hair Large Cent, Brown) is a sought-after piece among numismatists due to its scarcity and historical interest. This proof coin is particularly rare because of its limited mintage and the era in which it was produced. During the mid-19th century, proof coins were not as systematically collected as they are today, making surviving examples precious.
Mint and Mintage
Minted in Philadelphia in 1846, the Tall Date variant of the large cent is recognizable by the noticeably taller date numerals on the coin's obverse. The minting process then lacked the precision and technological advancements of today, which contributes to the variations in the date's size. The exact mintage of the 1846 1C Tall Date, BN in proof condition is not well-documented. However, the rarity of proof coins from this period is well acknowledged among collectors and experts. It is believed that only a handful of these coins were struck, primarily for collectors, dignitaries, or as test pieces.
Rarity and Value
The rarity of the 1846 1C Tall Date, BN is underscored by its infrequent appearances in auctions and the strong prices it commands when available. This coin holds significant value, especially in high-grade proof conditions. The Proof examples of the 1846 Tall Date are known for their sharp details and mirror-like surfaces, making them especially appealing to collectors. In terms of market value, these coins have demonstrated substantial worth. Specific sales have shown proof coins of this type achieving impressive figures. For instance, an auction could see these coins fetching prices from several thousand dollars up to tens of thousands, depending on the coin's grade and provenance.
Provenance and Notable Transactions
The provenance plays a significant role in the value of these coins. Coins with a documented history of ownership or ones that have appeared in prominent collections tend to attract more attention and, consequently, higher bids. Certain auctions have recorded these coins at prices exceeding expectations, often significantly surpassing the initial estimates. The desirability is augmented by their historical context and the allure of owning a piece from an era when the United States was growing rapidly both economically and territorially.
PCGS Coin Facts and Numbers
According to PCGS Coin Facts, the 1846 Tall Date is assigned the PCGS #901967. Its assessment and tracking in databases provide further evidence of its rarity and importance. Certification by PCGS or other major grading services like NGC adds a layer of assurance regarding the coin’s authenticity and condition, facilitating more confident transactions among enthusiasts and investors.
Historical Background
From a numismatist's perspective, the Braided Hair Large Cent series, to which the 1846 Tall Date belongs, represents a bridge between the early and modern American coinage styles. Designed by Christian Gobrecht, these coins came at a time when the U.S. Mint was refining its techniques and responding to the nation's increase in commercial activity. Collectors and historians appreciate these coins not only for their monetary value but also for their embodiment of American history. They tell the story of technological progress and the evolution of the U.S. economy and infrastructure during the 19th century. The 1846 1C Tall Date, BN stands out as a rare gem, reflecting the artistry and craftsmanship of its time, and remains a prized possession among those fortunate enough to have one in their collection.
