1858 Flying Eagle Penny
1856 marked an auspicious yr within the historical past of the US Mint. From the very starting, one cent items had been a staple of United States coins. Everyone knew their look and their feel. Everyone was snug with the coin, till 1856.
Since the start of US coinage, the face of the one cent piece had featured an outline of the goddess Liberty. Admittedly, there had been a number of different depictions of Liberty, with each providing its coin with an attention-grabbing name. Flowing Hair Cents have been produced by the US Mint from 1793 via 1796, when they had been changed by Draped Bust Cents. The Basic Head Cent design was the design produced from 1808 by 1814 when it was changed by the Coronet Head Cent. Lastly, the Braided Hair Cent took heart stage in 1839. It was additionally referred to as the “Silly Head” or the “Booby Head” Cent. The Braided Hair Cent was produced via 1857.
People started to object to carrying around these coins. Some people said the cash were too massive, with a diameter of 27.5 millimeters (merchants complained that the coins “clogged up” their tills). There were complaints that the coins have been too heavy, weighing in at a hefty 10.89 grams. The general public seemed to be prepared for a change in its pennies.
In 1856 the US Mint started producing a smaller, lighter one cent coin. The Flying Eagle Cent was the primary of what collectors now consult with as “Small Cents” (weighing 4.7 grams with a diameter of 19 millimeters) contrasted with the one cent coins heretofore produced being dubbed “Large Cents.”
The public didn’t like the coin. The Flying Eagle Cent didn’t consist of pure copper, as had all one earlier one cent coins. It was 88% copper and 12% nickel. The lighter coloration caused the general public to derogatorily check with the brand new cent because the “white cent.” Folks weren’t pleased with the design either. Although design on the obverse (or face) of James Barton Lengthy acre’s coin depicts an Eagle in Flight, individuals sometimes referred to the coin as the “Buzzard Cent.”
Officials on the US Mint were embarrassed. They rapidly made plans to redesign the coin. Longacre was commissioned to produce the new design. The Eagle was eliminated, and Liberty returned to the entrance of the one cent coin, this time wearing a Native American headdress. The Indian Head Cent stays one of the most fashionable cash ever produced by the US Mint, while the Flying Eagle Cent took its place among the many coins with the briefest mintage in US history…just [two] years (1857-1858).
Incidentally, when you happen to discover a Flying Eagle Cent bearing the date 1856, you’d be well-advised to take the coin to an professional to have it evaluated. The 1856 cash had been solely produced as examples to be offered to Congress and other officers to encourage them to assist the coin’s acceptance. Once the vote was taken, legislators were purported to return the cash to the US Treasury. The coins were presupposed to be destroyed, and minting of the Flying Eagle Cent to start in 1857.
Somehow, not all of the cash made their means back to the Mint. Evidently some of them were saved as souvenirs by numerous people. The cash’ rarity precipitated their collector’s worth to soar. Now, even probably the most mediocre specimens of the 1856 Flying Eagle Cent sell for in excess of $5,000, with the nicest of these cash anticipated to convey well in extra of $a hundred,000. (The Skilled Coin Grading Service lists the worth of the best grade Flying Eagles they have licensed as $one hundred fifty,000.) Evidently, counterfeiters have taken notice of these numbers and have taken steps to aim to defraud individuals by producing and promoting fakes.
So a set of Flying Eagle Cents consists of three coins . . . the 1857, and [two] varieties (Giant Letters and Small Letters) of the 1858. You can purchase attractive specimens of all three cash for a complete of lower than $200.
At Valueincoins.com find out all about] flying eagle cents, flying eagle 1856,and flying eagle gold.
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