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- Product ID: 14665
The US Large Cent 1848 Braided Hair Very Fine is a remarkable numismatic artifact that offers a detailed insight into the mid-19th-century monetary history of the United States. The large cent, one of the earliest denominations of US currency, was a critical component of daily commerce during this period. Minted in 1848, the Braided Hair Large Cent exemplifies a pivotal era in American coinage, reflecting the evolution in design and minting technology of its time.
The Braided Hair design was introduced in 1839 by Chief Engraver Christian Gobrecht. This design represented a departure from earlier designs, featuring a more classical and refined portrayal of Liberty. On the obverse of the 1848 Large Cent, Liberty is depicted facing left, adorned with a coronet inscribed with the word "LIBERTY." Her hair is intricately braided and tied back, which gives the design its name. The portrait is surrounded by thirteen stars, symbolizing the original thirteen colonies. The date "1848" is prominently displayed below Liberty’s head, indicating the year of mintage. The Braided Hair design is celebrated for its elegance and attention to detail, embodying the ideals of freedom and democracy that the young nation aspired to.
The reverse of the coin features the denomination "ONE CENT" encircled by a laurel wreath, symbolizing victory and prosperity. The inscription "UNITED STATES OF AMERICA" surrounds the wreath, underscoring the coin's national origin. Below the wreath, the fraction "1/100" is inscribed, denoting the coin's value relative to a dollar. This design is both simple and sophisticated, reflecting the high standards of the US Mint during this period. The use of classical motifs such as the laurel wreath connects the coin to broader historical and cultural traditions of governance and victory.
The mintage of the 1848 Braided Hair Large Cent was substantial, with approximately 6,415,799 coins produced. This relatively high mintage reflects the significant demand for large cents at the time, as they were a primary medium of everyday transactions. Large cents were vital in the economy, providing a reliable form of currency for the exchange of goods and services. The substantial mintage also means that these coins are relatively available to collectors today, although finding them in higher grades such as Very Fine (VF) can still be a challenge.
The condition of the 1848 Braided Hair Large Cent described as Very Fine (VF) suggests that the coin exhibits moderate wear from circulation but retains a considerable amount of detail. In Very Fine condition, Liberty’s hair and the headband details remain clear, and the stars and lettering on the obverse are distinct. On the reverse, the laurel wreath is well-defined, and the inscriptions and date are easily legible. The preservation of finer details in this grade makes the coin particularly appealing to collectors, as it provides a clear representation of the original design while showing evidence of its historical journey through circulation.
The production of large cent coins was authorized by the Coinage Act of 1792, which established the US Mint and set the standards for American coinage. Large cents were minted from 1793 until 1857, when they were discontinued due to their diminishing practicality and the changing economic conditions of the time. The large size and relatively low value of these coins made them increasingly unwieldy as the nation moved towards a more centralized and standardized monetary system. By the mid-19th century, smaller and more convenient coins had become necessary to meet the demands of a growing and more complex economy.
The year 1848, when this particular large cent was minted, was a notable period in American history marked by significant events such as the beginning of the California Gold Rush. This event led to a massive influx of settlers moving westward and had profound economic and social impacts on the nation. The coin, therefore, serves not only as a piece of currency but also as a witness to a transformative period in American history. Its production and circulation offer a tangible connection to the economic activities and daily transactions of the time, providing a historical link to the past.
In conclusion, the US Large Cent 1848 Braided Hair Very Fine serves as both a historical artifact and a numismatic treasure, offering valuable insights into mid-19th-century American coinage. Minted during a period of significant historical events, this coin represents a piece of numismatic interest that embodies the cultural heritage and economic practices of the early United States. Collectors and history enthusiasts alike value this coin for its aesthetic appeal, its role in documenting America’s rich historical narrative, and its contribution to understanding the nation’s economic history. The 1848 Braided Hair Large Cent stands as a testament to the enduring legacy of early American coinage, preserving a piece of history that continues to fascinate and inform.