1840 1C Small Date, BN XF45BN Certification #60020609, PCGS #1823
In 1840 the U.S. Mint struck Large Cents with a Large and Small Date. The Small Date has significant spacing between all 4 digits in the date. The Large Date variety has the 8 and the 4 very close and almost touching, also the 4 and the 0 digit are touching.
The Small Date variety is scarce in all uncirculated grades. Coins displaying any original red brown or red surfaces are considered rare.