1851 1C, BN (Proof)
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The 1851 Proof Braided Hair Large Cent is a key collectible piece among numismatists, renowned for its exceptional rarity and historical significance. Minted at the Philadelphia Mint, this coin exemplifies the intricate craftsmanship and meticulous care required for proof coinage in the mid-19th century.
Mintage and Rarity
The mintage of the 1851 Proof Large Cent is notably low, with records indicating the production of only approximately 150 to 200 pieces. This scarcity is a major factor contributing to its appeal and value within the numismatic community. Despite the limited production, even fewer examples have survived to this day in pristine condition, heightening its desirability among collectors.
Historical Context
The mid-1800s was a transformative period in American numismatics. In 1851, a time characterized by economic expansion and transportation advancements, the U.S. Mint increased its focus on producing proof coins, which were typically struck for collectors or as presentation pieces. The Braided Hair series, designed by Christian Gobrecht, reflects a neoclassical aesthetic that was prevalent during this era, showcasing Liberty with a carefully detailed hair braid and distinct facial features.
Value and Market Performance
In terms of market value, the 1851 Proof Large Cent has consistently fetched impressive prices at auction. Its scarcity and condition significantly influence its valuation. For instance, one example graded PR65BN by the Professional Coin Grading Service (PCGS) might command prices from $20,000 to $50,000 or more, depending on market conditions and specific coin details. Recent auction sales illustrate the coin's enduring appeal, with some specimens achieving notable prices at premier auction houses due to their historical importance and exquisite preservation.
PCGS Information
Mint : Philadelphia
PCGS Number : 1982
Additional Insights from Numismatics
Numismatists appreciate the 1851 Proof Large Cent not only for its rarity but also for its embodiment of 19th-century minting artistry. The proof coins of this era were often meticulously crafted with high-quality planchets and polished dies, yielding a mirror-like finish and striking details absent in their circulation-strike counterparts. The "BN" designation, indicating "Brown," signifies the coin's natural toning, which is preferred by many collectors for its originality and aesthetic appeal. For enthusiasts and collectors, the 1851 Proof Large Cent represents a confluence of rarity, artistry, and historical intrigue, making it a coveted piece in any advanced collection of U.S. coinage. Its presence in auctions and numismatic literature serves as a testament to its significance and the enduring allure of early American proofs among artifacts of the Republic's economic history.
