by | Feb 3, 2024 | History, Numismatics

1857 PCGS MS64  CAC

This coin is outstanding to me because there are no copper spots that detract…  with green cac sticker

In 1857, the U.S. Mint produced two different Cents: the old-style Large Cent and a new, smaller cent with an eagle flying left across the obverse. One of the motivating factors for the creation of the new “Small” Cent was the high price of copper. Each new Small Cent required less than half the amount of copper than the Large Cent, yielding significant savings for the U.S. Treasury.

To introduce the new design, the Mint produced a then-record high 17,450,000 Flying Eagle Cents, making it the first Cent with a mintage over 10 million coins. Because of public and collector interest, large quantities were saved, making it very easy to find an example today. Mint State examples are quite common and are usually seen in MS-64 (and to a lesser degree in MS-63). 

42610460  1121A590

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Jon Lerner, a renowned figure in numismatics, discovered his passion for rare coins in his Scarsdale, New York upbringing. With a keen eye for quality, he founded Scarsdale Coin in 1985, quickly establishing it as a premier destination for collectors. Beyond dealing, Jon is a respected speaker and prolific writer, sharing his expertise with enthusiasts worldwide. His commitment to integrity and professionalism has earned him admiration throughout the numismatic community. Jon remains dedicated to enriching collectors' experiences and preserving the legacy of rare coins for future generations.