1854 1C, BN (Proof)
The 1854 1C, BN (Proof) is a prized coin for collectors, celebrated for its historical significance and rarity. This particular coin was minted during an era of great change in the United States, just before the Civil War, making it a piece of numismatic history. With its origins at the Philadelphia Mint, the coin boasts a minute mintage, reflecting its scarcity in today's market.
Rarity and Mintage
The 1854 Proof Braided Hair Large Cent is exceptionally rare, with a mintage numbering only around 20 pieces. This minuscule production was typical of proof coins during the mid-19th century, often struck for collectors or special presentations rather than general circulation. The coin is cataloged under PCGS #1991, highlighting its distinct classification among numismatic enthusiasts.
Numismatic Appeal
From a numismatist's viewpoint, the 1854 1C, BN Proof Large Cent is a fascinating specimen. Its design, featuring the Braided Hair Liberty, was the artistic work of renowned engraver Christian Gobrecht. The obverse showcases Liberty with braided hair, reflecting the neoclassical design aesthetics of the time. The reverse displays the denomination encircled by a laurel wreath, a common motif in American coinage of the era.
Market Value and Auction Sales
The scarcity and historical allure of the 1854 1C, BN Proof contribute to its high market value. These coins can command substantial prices at auctions, depending on their condition and provenance. Notable sales include examples that have fetched tens of thousands of dollars. For instance, one such coin in pristine condition was sold for over $50,000, demonstrating the intense demand among collectors for high-quality specimens. The coin's value tends to appreciate over time, making it a worthwhile investment for serious numismatists.
Additional Information from Coinfacts
According to PCGS CoinFacts, finding an 1854 1C, BN Proof in superior condition is a remarkable achievement. Each coin’s surface color and preservation level significantly impact its desirability. As these coins were originally struck in a limited quantity, those that survive, especially in near-perfect condition, are seen as treasures of American numismatics. In summary, the 1854 1C, BN Proof Large Cent is an essential piece for enthusiasts fascinated by early American coinage. Its rarity and historical context provide a rich narrative that appeals to collectors and historians alike, ensuring its continued prominence and value in numismatic circles.
