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The Certified Large Cent 1845 N-9 from the Jules Reiver Collection, graded AU58 BN, is an exceptional numismatic treasure that offers a glimpse into early American coinage. The 1845 Large Cent is part of the Braided Hair series, which was minted from 1839 to 1857. These coins were struck during a period of significant economic and industrial transformation in the United States. The Braided Hair design, introduced by Chief Engraver Christian Gobrecht, marked the final evolution of the Large Cent before the denomination was discontinued in favor of the smaller, more practical Flying Eagle Cent in 1857.
The Large Cent was one of the foundational coins of the early United States, first issued in 1793 and continuing through the mid-19th century. By the time the 1845 issue was struck, the Large Cent had become an important part of American commerce, although its size and weight made it somewhat cumbersome for everyday transactions. The coin's production was centered at the Philadelphia Mint, which was the only mint producing Large Cents at the time. Advances in coining technology allowed for more consistent and refined strikes, making later issues such as the 1845 Large Cent some of the most well-executed examples of early U.S. copper coinage.
The obverse of the 1845 Large Cent features a striking portrait of Liberty, facing left, with her hair secured by a beaded cord and tied in an elegant bun. Thirteen stars surround her, representing the original thirteen colonies. The inscription "LIBERTY" is prominently displayed on the coronet above her forehead, reinforcing the nation's ideals of freedom and independence. The date "1845" appears below Liberty, clearly defining the year of issue. This obverse design, part of the Braided Hair series, reflects a refined neoclassical style that became a hallmark of mid-19th-century American coinage.
The reverse of the coin presents a bold and intricate wreath encircling the denomination "ONE CENT." The wreath is composed of laurel leaves, symbolizing victory and national strength. Surrounding this central motif is the inscription "UNITED STATES OF AMERICA," emphasizing the coin’s national identity. The reverse design is elegantly simple yet effective, ensuring easy recognition of the coin’s value and purpose in commerce. The clean lines and balanced composition of the reverse make it one of the most visually appealing elements of the Braided Hair Large Cent series.
The 1845 Large Cent was struck in pure copper, a standard composition for early American cents. The use of copper provided the coin with durability and a distinctive reddish-brown hue when first minted. Over time, exposure to air and handling has resulted in natural toning, giving surviving specimens a range of brown shades, from light golden-brown to deep chocolate hues. The coin’s dimensions remain consistent with other Large Cents of the era, featuring a diameter of approximately 27.5 mm and a weight of 10.89 grams.
The mintage of the 1845 Large Cent is estimated to be around 3,894,804 pieces, a substantial number for the time. However, due to circulation and wear, many of these coins have not survived in high grades. The N-9 variety refers to a specific die pairing identified by numismatist John Wright in the 19th century, with distinct characteristics that set it apart from other 1845 Large Cent varieties. The N-9 designation adds an additional layer of collectibility, as variety specialists seek out these specific die marriages to complete their collections.
The Certified 1845 Large Cent N-9 AU58 BN from the Jules Reiver Collection is an extraordinary piece that combines historical significance with outstanding preservation. The AU58 (About Uncirculated) grade indicates that the coin exhibits only the slightest signs of wear, with nearly full mint luster still present. The "BN" (Brown) designation refers to the coin’s natural toning, which has developed over time, enhancing its character and visual appeal. Jules Reiver was a renowned numismatist known for his meticulous collection of early U.S. coinage, making this coin even more desirable due to its prestigious provenance.
The obverse of an AU58 specimen should retain sharp details in Liberty’s portrait, with only minor traces of friction on the highest points, such as her cheek and the curls of her hair. The stars surrounding Liberty should remain well-defined, with no significant loss of detail. The date should be fully legible, with strong edges and no signs of fading. The fields of the coin should be smooth and free from major marks or abrasions, allowing the original design elements to stand out with clarity.
The reverse of an AU58 specimen should exhibit a crisp and well-struck wreath, with individual leaves clearly visible. The inscription "ONE CENT" should remain bold and well-defined, with no signs of excessive wear or distortion. The lettering of "UNITED STATES OF AMERICA" should also be fully legible, with a consistent depth throughout. The coin’s rim should be intact, with no significant nicks or damage. The overall eye appeal should be strong, with an even brown patina that adds depth and character to the coin.
One of the key attributes of an AU58 specimen is its luster. Unlike lower-grade examples, which may have lost their original mint sheen due to extensive circulation, an AU58 coin retains much of its original brightness. This luster is particularly noticeable in the protected areas of the design, such as the recesses of Liberty’s hair and the inner portions of the wreath. The slight wear present on an AU58 coin is typically limited to the highest points, ensuring that the overall design remains well-preserved.
The Certified 1845 Large Cent N-9 AU58 BN from the Jules Reiver Collection is a highly desirable numismatic artifact due to its combination of rarity, condition, and historical significance. As part of the final era of Large Cent production, it represents an important chapter in U.S. coinage history. The fact that this coin was part of the Jules Reiver Collection further enhances its value, as Reiver was known for his exceptional eye for quality and historical significance in early American coinage.
For collectors seeking a Certified 1845 Large Cent N-9 AU58 BN from the Jules Reiver Collection, reputable numismatic dealers, auction houses, and specialized coin retailers offer the best opportunities for acquisition. Given the coin’s high grade and provenance, ensuring proper authentication through a trusted certification service like NGC is essential. Collectors should look for specimens with strong eye appeal, minimal surface imperfections, and consistent brown toning, as these factors contribute to the coin’s overall desirability and market value.
The Certified Large Cent 1845 N-9 AU58 BN from the Jules Reiver Collection stands as a testament to the craftsmanship and historical legacy of early American coinage. With its stunning design, historical context, and well-preserved condition, this coin remains a prized possession for numismatists who appreciate the artistry and significance of pre-Civil War U.S. coinage. Whether admired for its beauty, its role in American history, or its provenance, the 1845 Large Cent continues to captivate collectors and enthusiasts worldwide.