1858 1C Large Letters VF25 Certification #34011803, PCGS #2019

Expert Comments

Ron Guth

The popularity of the 1857 Flying Eagle Cent proved conclusively the concept of the Small Cent.  After 1857, the Large Cent was discontinued and the Mint turned out Small Cents in record numbers in 1858, this time topping 24 million coins.  Three major varieties appear on 1858 Small Cents: Small Letters, Large Letters, and 1858 over 7.  On the Small Letters variety, the A and M of AMERICA are completely separated; on the Large Letters variety, the A and M are connected at their bases.

Based on the PCGS Population Report, the Large Letters variety appears to be the most common (the Small Letters has a population that is 58% lower than that of the Large Letters).  In Mint State, the most frequently-seen grade is MS-64, followed by MS-63.  The finest Large Letters 1858 Flying Eagle Cent certified by PCGS is a single MS-66.

Diameter
19.00 millimeters
Designer
James Barton Longacre
Edge
Plain
Mintage
24600000
Weight
4.70 grams
Metal Content
88% Copper, 12% Nickel
Region
The United States of America
Pop Higher
2598
Pop Lower
278
Price Guide
PCGS Population
Auctions - PCGS Graded
Auctions - NGC Graded

Rarity and Survival Estimates

Grades
65 or Better 8000 R-3.4 4 / 5 4 / 5
All Grades 2250 R-4.5 4 / 5 4 / 5
60 or Better 275 R-6.5 4 / 5 4 / 5

Condition Census

Pos Grade Thumbnail Pedigree and History
1 MS67 PCGS grade MS67 PCGS grade

Foreside Collection

1 MS67 PCGS grade MS67 PCGS grade

Wright Collection

1 MS67 PCGS grade MS67 PCGS grade

Tom Bender Collection

4 MS66+ PCGS grade MS66+ PCGS grade

Heritage 2/2015:3014, $20,563.68 - Legend Rare Coin Auctions 9/2015:14, $24,675

4 MS66+ PCGS grade