1857 1C Flying Eagle (Proof)
The 1857 1C Flying Eagle (Proof) is a highly coveted coin among collectors, cherished not only for its historical significance but also for its rarity and appeal. This coin is part of the short-lived Flying Eagle cent series that was minted from 1856 to 1858, representing a crucial transition in U.S. coinage. Minted at the Philadelphia Mint, the 1857 Proof Flying Eagle cent boasts an estimated mintage of approximately 485 pieces, making it a rare gem for numismatists.
Rarity and Mintage
The Flying Eagle cent was the first small cent minted by the United States, marking a shift from the larger copper cents. The design features an eagle in flight, symbolizing the nation's strength and freedom. The 1857 Proof version, struck with polished dies to create a mirror-like finish, was primarily produced for collectors and VIPs of the time, contributing to its low mintage and significant rarity today.
Value and Sales
Proof 1857 Flying Eagle cents are highly sought after in the numismatic market, with values varying significantly based on the coin's condition and provenance. Typically certified by PCGS (Professional Coin Grading Service) and possessing a PCGS #2019, these coins often fetch impressive prices at auctions. For instance, a recent sale saw a specimen in PR65 condition (Proof 65) attaining impressive results, highlighting the desirability and high value of these coins among collectors. The rarity, coupled with its historical context, ensures consistently strong demand and robust auction performance.
Numismatic Significance
From a numismatist's perspective, the 1857 Proof Flying Eagle cent is not just a coin but a piece of American numismatic history. It represents the U.S. Mint's experimentation with new coinage designs and compositions, transitioning away from large copper cents to smaller, copper-nickel alloy coins. The coin's limited mintage and the short duration of the series further amplify its appeal.
Additional Insights
Resources like PCGS CoinFacts provide deeper insights, listing this coin under PCGS #2040 and noting its striking details and historical mintage records. The coin's allure is enhanced by its elegant design and its historical role in ushering in a new era of American coinage. Auction records indicate that collectors place high premiums on well-preserved examples, making it a cornerstone for those specializing in 19th-century U.S. coinage. In conclusion, the 1857 1C Flying Eagle (Proof) is a masterpiece of numismatic art and history. Its rarity, combined with its historical significance, makes it a highly prized asset for collectors and historians alike. Whether for its value as an investment or its alluring historical narrative, the Proof 1857 Flying Eagle cent holds a cherished place in the annals of U.S. numismatics.
