1851/81 1C, BN (Regular Strike)

The 1851/81 1C Braided Hair Large Cent is an intriguing coin due to its designation as an overdate, which captures the attention of numismatists and collectors alike. This coin, part of the larger series of Braided Hair Large Cents minted from 1839 to 1857, showcases the artistry and craftsmanship of mid-19th century U.S. coinage. The Braided Hair design, created by Christian Gobrecht, features Liberty with a braided lock of hair, complemented by the reverse showing a wreath surrounding the words "ONE CENT." ### Rarity and Mintage Despite being a regular strike coin, the 1851/81 overdate is particularly noted for its rarity and unusual backstory. It's a variety that has captivated collectors due to its misdated die, suggesting the numeral "8" was repunched over a mis-engraved or otherwise modified "1." As such, this makes the coin extraordinarily rare compared to its regularly dated counterparts. Although the U.S. Mint in Philadelphia issued a substantial number of large cents in 1851, with 9,390,447 coins minted, the overdate piece accounts for a minuscule fraction of the total. ### Auction Activity and Market Value The value of the 1851/81 1C in the market can fluctuate significantly based on its condition, or grade. Coins in superb condition, such as those graded MS65 or higher by the Professional Coin Grading Service (PCGS), command premium prices. Although concrete auction records can vary substantially due to market trends and availability, specimens frequently fetch high values in both private sales and high-profile auctions. ### Notable Auction Results Several coins have realized impressive sale prices over the years, earning them a distinguished status in numismatic collections. These sales are often indicative of the high demand and collector interest this overdate variety commands, despite being a regular strike. ### Numismatic Insights Numismatists view the 1851/81 overdate as a valuable artifact not only due to its scarcity but also as a representation of minting practices of the era. The overdate error reflects the challenges and complexities of the manual engraving and die-making processes of the time. It serves as a tangible link to the mid-19th-century minting technology, providing insights into the precision and occasional mishaps within the U.S. Mint's production procedures. ### PCGS Particulars For collectors seeking more detailed specifications, the PCGS Number for this coin is 1884. The coin is also noted for its distinct braiding and refined die work, which grant it added aesthetic appeal. Its rarity and status as a variety make it a crown jewel for many numismatic collections. ### Mint Details This coin was minted in Philadelphia, which was the only mint striking large cents in 1851. As such, all 1851-dated large cents, including this overdate, do not bear a mintmark. The allure of the 1851/81 1C lies in its anomalous nature and history, making it a fascinating study for both new and seasoned coin enthusiasts alike. Collectors seek such coins not only for their numismatic value but also for the historical narratives they encapsulate, serving as compact vessels of the past.