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Large Cent History

During the early history of U.S. coins, the penny came in the form of a large cent. This copper coin was minted from 1793 to 1857, except for 1815, when a copper shortage prevented production.
  1. Size

    • The large cent was 26 to 27 millimeters in diameter, or slightly larger than a quarter, and weighed about 13 grams.

    Designs

    • Large cents went through a few design changes during their existence. The first design is called Flowing Hair because the representation of Liberty on the front has long hair. The most common design was the Liberty Head coin, produced from 1815 to 1857. It features lady Liberty with the word "Liberty" on her headband.

    Mintage

    • All large cents were minted in Philadelphia, which is unusual for U.S. coins. The mint first reached a yearly production of more than 1 million large cents in 1798. In following years, mintage grew to nearly 10 million before leveling off.

    Values

    • Many large cents in well-worn good (G-4) condition sell for about $20, while those in better conditions can sell for significantly higher. A copy of the first 1793 large cent can sell for more than $50,000 in extremely fine (EF-40) condition.

    Years

    • Many of the earliest large cents were actually minted after the year shown on the coin.


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