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    1828 Liberty Head Large Cent

    The 1828 Liberty Head Large Cent is a coin that serious collectors will do anything to get their hands on. Being that the coins were produced so long ago, it follows that there are not so many left to be purchased. As such, there has never been a more opportune time to get your hands on one.

    On the obverse side of the 1828 Liberty Head, the center of the coin is dominated by the depiction of Lady Liberty. Liberty is facing leftward, and on a band resting upon her head there is an inscription which reads “Liberty.” Below the central image there is an inscription marking the 1828 year of minting. There are 13 stars around the outer edges of the obverse, celebrating the 13 original colonies of the United States.

    On the reverse side of the coin, the center is dominated by an inscription which reads “One Cent,” the coin’s face value. Surrounding the face value inscription is an ornate wreath, which features an incredible amount of detail. Surrounding all of this is another inscription, reading “United States of America.” Finally, on the outer edges of both sides of the coin there are raised rays, which give the coin a bit more texture.

    Grading the 1828 Liberty Head Large Cent

    For collectors, the simple fact of the matter is that not just any coin will do. Because the 1828 Large Cent is counterfeited so frequently, collectors will only settle for those coins that have been graded and certified as being authentic. Below, we have outlined the different coin grades.

    Uncirculated:
    A coin determined to be of Uncirculated grade is one that never spent any time on the open market. These coins will have been preserved from the day they were minted, and because of this will be in perfect condition today.

    Extremely Fine: A coin determined to be of Extremely Fine grade are those that have been well-preserved, however they will still feature some signs of damage. All things considered, these pieces will be in almost perfect condition.

    Fine: A coin determined to be of Fine grade is one that has been circulated and damaged, but not so much that any of the imagery and lettering will have been compromised. While there is light scratching and maybe some smoothing, the coins will still be in pretty decent shape.

    Good: Good is the grade given to coins that have been extremely heavily circulated. These pieces will show a lot of signs of wear, from deep scratching to chipping. Some of the smoothing you will notice is so severe that the raised imagery and lettering on the coin’s face might be completely worn away.

    Pricing the 1828 Liberty Head Large Cent

    When it comes to determining a price for the 1828 Large Cent, this is something that can be done by looking at the coin’s grade as well as its scarcity. Naturally, the fewer number of 1828 Liberty Heads there are, the more expensive they are going to be. Beyond that, the more well-preserved a coin is, the more expensive it is going to be; it really is that simple. Below, there is a chart aimed at giving you a better idea of what you might be asked to pay for a graded 1828 Liberty Head Large Cent.

    Large Cents

    DATE GOOD FINE EXTREMELY FINE UNCIRCULATED
    1828 Liberty Head $20 $35 $210 $410
    Source: Red Book

    All Market Updates are provided as a third party analysis and do not necessarily reflect the explicit views of JM Bullion Inc. and should not be construed as financial advice.