1856 1C Slanted 5, BN (Proof)

The 1856 1C Slanted 5, BN (Proof) cent holds a special place among numismatists due to its unique characteristics and the intricacies of its origin. Minted at the Philadelphia Mint, this particular coin is a part of the larger Braided Hair series, which spanned from 1839 to 1857. The 1856 Slanted 5 proof is notable for the slanted numeral '5' in its date, which differs from other 1856 proofs where the '5' is upright. This slight variation contributes to its rarity and intrigue among collectors. ### Mintage and Rarity This proof coin was produced in extremely limited numbers. Exact mintage figures are uncertain, but estimates suggest that fewer than several dozen were struck. The scarcity is primarily due to its production being largely for collectors and not for general circulation, with proof coins from this era generally being struck in the low hundreds or fewer. ### Value and Recent Sales The value of the 1856 Slanted 5, BN Proof cent is predominantly determined by its condition, rarity, and demand among collectors. High-grade specimens are rare finds and can command considerable prices at auction. Past sales have seen these coins fetch tens of thousands of dollars. For example, well-preserved examples in superior mint state conditions have been sold at premium prices during auctions, underscoring their desirability. ### Numismatic Significance From a numismatist's perspective, this coin offers a glimpse into mid-19th century minting practices and the emphasis on minor design variations. The slanted '5' is a notable anomaly, reflecting a transitional state in the mint's die-making process. This variation, along with the coin's rarity and aesthetic appeal, further adds to its value and desirability among collectors. ### PCGS Information According to the Professional Coin Grading Service (PCGS), the coin is cataloged under PCGS #2005. It is highly valued in the market with BN (Brown) designating its toning state. Coins with the PCGS certification are particularly sought after due to the trust in their authentication and grading. The 1856 Slanted 5, BN (Proof) cent represents not only a tangible piece of history but also a critical study subject for enthusiasts and historians of numismatics. Its limited availability, coupled with its unique historical context, ensures its status as a treasured asset for collectors worldwide.