1848 1C, BN (Proof)

Series: Coronet Head Cents 1817-1857

PCGS PR66BN

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PCGS PR65BN

PCGS #:: 1973

Designer:: Christian Gobrecht

Edge:: Plain

Diameter:: 27.50 millimeters

Weight:: 10.89 grams

Mintage:: 7

Mint:: Philadelphia

Metal:: Copper

Auction Record:: $16,800 • PR65BN • 02-12-2023 • Heritage Auctions

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Rarity and Survival Estimates Learn More

Grades	Survival Estimate The Survival Estimate represents an average of one or more experts' opinions as to how many examples survive of a particular coin in three categories: 1) all grades, 2) 60 or better, and 3) 65 or better. These estimates are based on a variety of sources, including population reports, auction appearances, and personal knowledge. Survival estimates include coins that are raw, certified by PCGS, and certified by other grading services.	Numismatic Rarity Numismatic Rarity converts the Survival Estimate for a particular coin into a number from 1 to 10 (with decimal increments) based on the PCGS Rarity Scale. The higher the number, the more rare the coin.	Relative Rarity By Type Relative Rarity By Type ranks the rarity of this coin with all other coins of this Type. Lower numbers indicate rarer coins.	Relative Rarity By Series Relative Rarity By Series ranks the rarity of this coin with all other coins of this Series. Lower numbers indicate rarer coins.
All Grades	17	R-9.2	13 / 19	30 / 43
60 or Better	16	R-9.3	12 / 19 TIE	29 / 43 TIE
65 or Better	2	R-9.9	8 / 19 TIE	12 / 43 TIE

Survival Estimate
All Grades	17
60 or Better	16
65 or Better	2

Numismatic Rarity
All Grades	R-9.2
60 or Better	R-9.3
65 or Better	R-9.9

Relative Rarity By Type All Specs in this Type
All Grades	13 / 19
60 or Better	12 / 19 TIE
65 or Better	8 / 19 TIE

Relative Rarity By Series All Specs in this Series
All Grades	30 / 43
60 or Better	29 / 43 TIE
65 or Better	12 / 43 TIE

Condition Census What Is This?

Pos	Grade	Pedigree and History
1	PR66BN PCGS grade
2	PR65BN PCGS grade
2	PR65BN PCGS grade	Hollinbeck Stamp and Coin Company 11/1946:265 - Warren Snow Collection - Stack's 11/2008:3095 - Greensboro Collection - Heritage 1/2013:5536, $14,100
2	PR65BN PCGS grade	Wayte Raymond 11/1945:211, $76.50 - John Jay Pittman - David Akers 10/1997:250, $4,950
2	PR65BN estimated grade
6	PR64+BN PCGS grade
7	PR64BN PCGS grade
7	PR64BN PCGS grade
9	PR63BN PCGS grade
9	PR63BN PCGS grade

#1 PR66BN PCGS grade

#2 PR65BN PCGS grade

Hollinbeck Stamp and Coin Company 11/1946:265 - Warren Snow Collection - Stack's 11/2008:3095 - Greensboro Collection - Heritage 1/2013:5536, $14,100

#2 PR65BN PCGS grade

Wayte Raymond 11/1945:211, $76.50 - John Jay Pittman - David Akers 10/1997:250, $4,950

#2 PR65BN estimated grade

#6 PR64+BN PCGS grade

#7 PR64BN PCGS grade

#9 PR63BN PCGS grade

Ron Guth:

In 1848, Mint employees used a single pair of dies to strike a small amount of Proof Large Cents. Those dies were reserved solely for Proofs, and no business strikes followed. Thus, if an 1848 Large Cent can be attributed as a Newcomb 19, it is most definitely a Proof, even if it spent time in circulation. In 1977, Walter Breen enunerated twelve different examples; today, we know of at least the same number of demonstrably different ones, plus a few more. Thus, the number of survivors falls somewhere between a dozen and twenty examples.

Most survivors have toned down to a brown color, with varying traces of original mint red. Technical quality ranges from PR60 to PR66, with most falling between those grades. One of the more exctiing examples is the nearly full Red PCGS PR65CAM (now in the ESM Collection).

Regency XI Preview | Legend Rare Coin Auctions | February 19, 2015

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