1851 1C, BN (Regular Strike)
The 1851 1C, BN (Braided Hair Large Cent) is a significant coin for collectors and enthusiasts due to its place in the history of American numismatics. Minted in Philadelphia during the final decade of large cent production, this coin represents a key period before the transition to smaller, more practical one-cent pieces.
Mintage and Mint Details
Mint : Philadelphia
Mintage : 9,889,707
PCGS Number : 1892
History and Numismatic
Significance The 1851 Braided Hair Cent showcases the classic "Matron Head" design, which was part of an evolution that began with the 1816 Coronet or Matron Head. Designed by Christian Gobrecht, modifications in 1839 refined her features into what is often called the "Braided Hair" style, exhibiting finer details and more ornamental hair. These alterations continued the trend of adjusting Liberty's portrayal to align with aesthetic preferences of the time. From a numismatist's perspective, the 1851 large cent is notable due to its context within the antebellum United States. A time of expansion and technological progress, it was also an era when the US Mint was tasked with creating coins that could handle the rigors of a growing nation's commerce. The Braided Hair series stands as a testament to the quality and artistry characteristic of mid-19th century American coinage.
Rarity and Collectibility
While the 1851 large cent is relatively common within its series due to a high mintage count, its condition significantly affects its value and desirability. Coins with clear details, higher grades, and minimal wear attract greater interest.
Condition and Values:
Good (G-4 to VG-8) : Exhibits high levels of circulation wear, with major design elements visible but often merged together. These are generally the most affordable examples. - Fine to Very Fine (F-12 to VF-35): More central details are discernible, and letters in "LIBERTY" might be sharp. These are moderately priced.
Extremely Fine to About Uncirculated (EF-40 to AU-58) : Light wear on the highest points of Liberty's hair and cheek, appealing to collectors seeking good detail without entering high-value territory.
Mint State (MS-60 and above) : Lustrous surfaces with full detail and strong eye appeal. These specimens command premium prices and are often the focal point of collections.
Market Sales and Value
Trends Recent auction results underscore the continued interest and varying value of the 1851 Braided Hair Cent. In particular, higher-grade examples have realized significant sums, such as MS-65 and better, reaching well into hundreds or thousands depending on demand, rarity among similar graded pieces, and overall market conditions.
Auction Sales
Auctions have witnessed brisk bidding for specimens in MS-64 and above, reflective of a vibrant market for those high-grade coins. Prices for these can range significantly based on grade and eye appeal, with some fetching over $1,000. The 1851 1C, BN is an important piece for collectors, both for its historical context and the insight it provides into past minting processes. The collecting community appreciates this coin for its affordability in lower grades and its commanding presence in Mint State, reflecting both the artistic endeavors and industrial capabilities of the Philadelphia Mint in the 19th century.
