US Large Cent 1856 Braided Hair Upright 5 Very Fine

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The US Large Cent 1856 Braided Hair Upright 5 Very Fine is a significant numismatic artifact that provides a detailed view into the mid-19th-century monetary history of the United States. The large cent, one of the earliest denominations of US currency, played a crucial role in everyday transactions. Minted in 1856, the Braided Hair Large Cent represents an important era in American coinage, showcasing the transition in design and technology during this period.

The Braided Hair design, introduced in 1839, was created by Chief Engraver Christian Gobrecht. This design features a more refined and classical depiction of Liberty compared to earlier versions. The obverse of the 1856 Large Cent displays the head of Liberty facing left, adorned with a coronet inscribed with the word "LIBERTY." Her hair is intricately braided and pulled back, giving the design its name. The overall portrait is framed by thirteen stars representing the original thirteen colonies. The date "1856" is positioned below Liberty's head, indicating the coin's year of mintage. The "Upright 5" variety is characterized by the vertical alignment of the numeral 5 in the date, distinguishing it from other varieties. The Braided Hair design is known for its elegance and detail, capturing the nation's ideals of freedom and democracy.

The reverse of the coin features the denomination "ONE CENT" within a wreath of laurel, symbolizing victory and prosperity. The inscription "UNITED STATES OF AMERICA" encircles the wreath, emphasizing the coin's national origin. Below the wreath, the fraction "1/100" is inscribed, indicating the coin's value in relation to a dollar. The design is simple yet elegant, reflecting the high standards of craftsmanship at the US Mint during this period. The use of laurel wreaths and classical motifs underscores the nation’s aspirations and its connection to classical ideals of governance and society.

The mintage of the 1856 Braided Hair Large Cent was relatively modest, with approximately 2,690,463 coins produced. This production figure reflects the demand for large cents at the time, as they were primarily used for everyday transactions. Large cents played a crucial role in the local economy, providing a stable medium of exchange for goods and services. The mintage numbers contribute to the coin's availability and desirability among collectors today, especially in higher grades like Very Fine (VF).

The condition of the 1856 Braided Hair Large Cent described as Very Fine (VF) indicates that the coin exhibits moderate wear from circulation but retains a significant amount of detail. In Very Fine condition, Liberty's hair and the headband details are clearly visible, and the stars and lettering on the obverse are distinct. On the reverse, the laurel wreath remains well-defined, and the inscriptions and date are easily readable. The preservation of finer details in this grade makes the coin particularly appealing to collectors, as it offers a clear representation of the original design while showing evidence of its historical journey through circulation.

The production of the large cent coin 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 to 1857, when they were discontinued due to their diminishing use and the changing economic conditions of the time. The large size and low value of the coin made it increasingly impractical 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 needs of an expanding economy.

An interesting historical context of the 1856 Braided Hair Large Cent is its connection to the period of significant westward expansion in the United States. The California Gold Rush, which began in 1848, continued to draw thousands of settlers westward, dramatically altering the economic and social landscape of the nation. This period also saw the rise of the Industrial Revolution in America, which brought about significant technological advancements and changes in economic practices. The coin, therefore, not only serves as a piece of currency but also as a witness to a transformative period in American history. Its production and circulation reflect the economic activities and daily transactions of the time, providing a tangible link to the past.

In conclusion, the US Large Cent 1856 Braided Hair Upright 5 Very Fine serves as both a historical artifact and a numismatic treasure, offering valuable insights into mid-19th-century American coinage. Minted with historical significance, 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 1856 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.