1792 1C Silver Center Cent J-1, BN (Special Strike)

Series: (None)

PCGS SP67BN

PCGS SP67BN

PCGS SP61BN

PCGS SP61BN

PCGS SP58+BN

PCGS SP58+BN

PCGS #:
11001
Designer:
Henry Voight
Edge:
Reeded
Diameter:
24.00 millimeters
Weight:
4.48 grams
Mintage:
N/A
Mint:
Philadelphia
Metal:
Copper
Major Varieties

Current Auctions - PCGS Graded
Current Auctions - NGC Graded
For Sale Now at Collectors Corner - PCGS Graded
For Sale Now at Collectors Corner - NGC Graded

Rarity and Survival Estimates Learn More

Grades Survival
Estimate
Numismatic
Rarity
Relative Rarity
By Type
Relative Rarity
By Series
All Grades 25 R-9.0 N/A N/A
60 or Better 3 R-9.8 N/A N/A
65 or Better 1 R-10.0 N/A N/A
Survival Estimate
All Grades 25
60 or Better 3
65 or Better 1
Numismatic Rarity
All Grades R-9.0
60 or Better R-9.8
65 or Better R-10.0
Relative Rarity By Type All Specs in this Type
All Grades N/A
60 or Better N/A
65 or Better N/A
Relative Rarity By Series All Specs in this Series
All Grades N/A
60 or Better N/A
65 or Better N/A

Condition Census What Is This?

Pos Grade Image Pedigree and History
1 SP67BN PCGS grade SP67BN PCGS grade

Col. James W. Ellsworth (via Wayte Raymond, March 1923) - John Work Garrett Collection - Johns Hopkins University Collection - Bowers & Ruddy 3/1981:2347, $95,000 - reportedly sold for $5 million in January 2012

2 SP65BN PCGS grade

Col. Robert C.H. Brock Collection - University of Pennsylvania Collection - Philip H. Ward Collection - Charles Dochkus Collection - Harry Forman - New Netherlands, sold privately on 3/14/1958 - Norweb Collection - Bowers & Merena 11/1988:3392, $143,000 - Stack's 1/2002:724, $414,000 - Ed Milas - Marvin Browder Collection, sold privately in 2011 for a reported $2.5 million - Stuart Levine, Joe O’Connor, and Anthony Terranova, sold privately in 2011 - Oliver Jung Collection - Heritage 8/2014:5517, $1,997,500

3 SP62BN estimated grade

F.C.C. Boyd Collection - Eric P. Newman Collection, who traded the Clinton cent from the Theodore Grand collection for this piece in 1951 - Eric P. Newman Numismatic Education Society - Heritage 5/2014:30426, $1,410,000

4 SP61BN PCGS grade PCGS #11001 (MS, Brown)     61

Heritage 4/2012:5403, $1,150,000

5 SP58 estimated grade

Cogan’s sale 4/1863 - Charles Ira Bushnell - S.H. & H. Chapman 6/1882:1766 - Lorin G. Parmelee - New York Stamp & Coin Co. 6/1890:5 - Harlan Page Smith - S.H. & H. Chapman 5/1906:1315 - George H. Earle - Henry Chapman 6/1912:2179 - Carl Wurtzbach - Virgil M. Brand - Col. E.H.R. Green - Belden Roach Collection - B. Max Mehl 2/1944:3111 - Will. W. Neil Collection - B. Max Mehl 6/1947:1794 - F. Eubanks - Stack’s 7/1952:174 - Mrs. R. Henry Norweb - New Netherlands 12/1958:104 - Corrado Romano Collection - Stack’s 6/1987:143 - Stack’s 1/1999:143 - Stack’s 10/2000:56, $178,250 - Heritage 4/25/2013:4113 (as NGC 3063611-001), $822,500

6 SP45+ PCGS grade

Bernard Gimelson, sold privately on 5/15/1968) for $9,400 - Donald Groves Partrick Collection

According to the Patrick catalog: “Bruce Gimelson, son of Bernard, related that this example was found by a contractor from Doylestown, PA. During a building renovation, a jar of coins was discovered in a wall. Bruce recalled the moment: "My father emptied the jar on his desk and there it was - a Silver Center cent in super condition."

7 SP40 PCGS grade
8 SP20 PCGS grade PCGS #11001 (MS, Brown)     20 Joseph J. Mickley - W. Elliot Woodward 10/1867:2135 - Colonel Mendes I. Cohen - Bangs, Merwin & Co. 10/1875:380, $45 - William Sumner Appleton - bought back by Woodward on behalf of A. Dohrmann - A. Dohrmann Collection - W. Elliot Woodward 3/1882:437 - Lady of Western New York Collection - W. Elliot Woodward 2/1887:816 - Virgil Brand - Kreisberg-Schulman 3/1964:1106 - Roper Collection - Stack's 12/1983:425 - Lemus Collection - Queller Family Collection - Heritage 1/2009:1500, $253,000
9 SP15 PCGS grade

Virgil Brand - J.C. Morgenthau - Floyd Starr - Stack's 10/1992:3, $35,200 - American Numismatic Rarities 8/2006:13, $253,000 - Premium Numismatics
 

SP67BN PCGS grade #1 SP67BN PCGS grade

Col. James W. Ellsworth (via Wayte Raymond, March 1923) - John Work Garrett Collection - Johns Hopkins University Collection - Bowers & Ruddy 3/1981:2347, $95,000 - reportedly sold for $5 million in January 2012

#2 SP65BN PCGS grade

Col. Robert C.H. Brock Collection - University of Pennsylvania Collection - Philip H. Ward Collection - Charles Dochkus Collection - Harry Forman - New Netherlands, sold privately on 3/14/1958 - Norweb Collection - Bowers & Merena 11/1988:3392, $143,000 - Stack's 1/2002:724, $414,000 - Ed Milas - Marvin Browder Collection, sold privately in 2011 for a reported $2.5 million - Stuart Levine, Joe O’Connor, and Anthony Terranova, sold privately in 2011 - Oliver Jung Collection - Heritage 8/2014:5517, $1,997,500

#3 SP62BN estimated grade

F.C.C. Boyd Collection - Eric P. Newman Collection, who traded the Clinton cent from the Theodore Grand collection for this piece in 1951 - Eric P. Newman Numismatic Education Society - Heritage 5/2014:30426, $1,410,000

PCGS #11001 (MS, Brown)     61 #4 SP61BN PCGS grade

Heritage 4/2012:5403, $1,150,000

#5 SP58 estimated grade

Cogan’s sale 4/1863 - Charles Ira Bushnell - S.H. & H. Chapman 6/1882:1766 - Lorin G. Parmelee - New York Stamp & Coin Co. 6/1890:5 - Harlan Page Smith - S.H. & H. Chapman 5/1906:1315 - George H. Earle - Henry Chapman 6/1912:2179 - Carl Wurtzbach - Virgil M. Brand - Col. E.H.R. Green - Belden Roach Collection - B. Max Mehl 2/1944:3111 - Will. W. Neil Collection - B. Max Mehl 6/1947:1794 - F. Eubanks - Stack’s 7/1952:174 - Mrs. R. Henry Norweb - New Netherlands 12/1958:104 - Corrado Romano Collection - Stack’s 6/1987:143 - Stack’s 1/1999:143 - Stack’s 10/2000:56, $178,250 - Heritage 4/25/2013:4113 (as NGC 3063611-001), $822,500

#6 SP45+ PCGS grade

Bernard Gimelson, sold privately on 5/15/1968) for $9,400 - Donald Groves Partrick Collection

According to the Patrick catalog: “Bruce Gimelson, son of Bernard, related that this example was found by a contractor from Doylestown, PA. During a building renovation, a jar of coins was discovered in a wall. Bruce recalled the moment: "My father emptied the jar on his desk and there it was - a Silver Center cent in super condition."

#7 SP40 PCGS grade
PCGS #11001 (MS, Brown)     20 #8 SP20 PCGS grade
Joseph J. Mickley - W. Elliot Woodward 10/1867:2135 - Colonel Mendes I. Cohen - Bangs, Merwin & Co. 10/1875:380, $45 - William Sumner Appleton - bought back by Woodward on behalf of A. Dohrmann - A. Dohrmann Collection - W. Elliot Woodward 3/1882:437 - Lady of Western New York Collection - W. Elliot Woodward 2/1887:816 - Virgil Brand - Kreisberg-Schulman 3/1964:1106 - Roper Collection - Stack's 12/1983:425 - Lemus Collection - Queller Family Collection - Heritage 1/2009:1500, $253,000
#9 SP15 PCGS grade

Virgil Brand - J.C. Morgenthau - Floyd Starr - Stack's 10/1992:3, $35,200 - American Numismatic Rarities 8/2006:13, $253,000 - Premium Numismatics
 

Ron Guth:

1792 saw a flurry of activity aimed at establishing a Mint in America. Congress passed a Mint Act, chose a Director, purchased a plot of land, erected a building, and hired employees.

Four prototypes of the One Cent piece were tested: a large copper piece (the "Birch" Cent), a smaller copper piece with a silver center (the Silver-Center Cent"), another of the same size (the Fusion Alloy Cent, in which the silver and copper were melted together), and another of the same size in pure copper. The Silver-Center Cent answered the concerns of then Treasury Secretary, Alexander Hamilton, who felt that a billon coin could be too easily counterfeited. However, the technical difficulties in producing quantities of the Silver-Center Cent remained. Although no written evidence remains to record the testing, clearly the large, pure copper piece was favored, as this was the chosen format when production of Large Cents began in 1793.

When Frank Stewart demolished the original Mint building circa 1924, he discovered some blank planchets for the Silver-Center Cents (missing the silver center). In 1994, Anthony Terranova discovered a struck Silver-Center Cent missing the silver center. The several experts who examined this piece believe that the silver center was never included and that the coin may have been a test piece to show the size of the new coin. The weight of this discovery piece was 72.6 grains. The planchet diameter measured 29.3 millimeters on the vertical axis and 29.2 millimeters along the horizontal axis. Planchet thickness varied from 1.3 to 1.4 mm.

Judd considered all the plain edge pieces to be counterfeits.

Credit for the design and engraving of the Silver-Center Cent normally goes to Henry Voigt, the first Chief Coiner of the U.S. Mint, however this assignment is subject to interpretation and is probably incorrect. The engraving skills shown on the Silver-Center Cent exceed those possessed by someone with no previous engraving experience.

At the 2015 American Numismatic Association Convention, PCGS began designating all Silver-Center Cents as SP (Specimen) instead of the previous (MS) Mint State.

Sources and/or recommended reading: "United States Pattern, Experimental and Trial Pieces" by J. Hewitt Judd, M.D.

"Walter Breen's Complete Encyclopedia of United States and Colonial Coins" by Walter Breen

"United States Patterns And Related Issues" by Andrew W. Pollock III

"Silver Center Cents - Patterns Lay Claim To First Struck At Mint" by Paul Gilkes, COIN WORLD, February 21, 2000, pp. 78-79

David Hall:

There are fourteen known examples of the famous 1792 silver center cent. The finest of the fourteen survivors has been graded MS64BN by PCGS.