1856 Flying Eagle Cent 1c, NGC PF 58 - Series Key Date
$16,551.59
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$15,914.99
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Product Details
This is a NGC graded coin and you will receive the pictured coin. You are Buying a 1856 Flying Eagle Cent graded PR 58 by NGC. The 1856 Flying Eagle cent is one of the most important issues in American numismatics, as the change from the old large copper cents to the small size copper-nickel type inspired the first wave of coin collecting in this country. Initially issued as patterns, many restrikes of the sought-after 1856 issue were produced in later years to satisfy collector demand. Both proof and business-strike formats are known. A majority of 1856 Flying Eagle cents are Snow-9 proof restrikes made during the late 1850s. The Snow-3 cents are originals struck in the year they are dated, made for distribution to Washington officials to demonstrate the new small cent denomination. Snow-3 is predominantly coined as a business strike, but in recent years, PCGS and NGC have certified most 1856 Flying Eagle cents as proofs regardless of die variety. The typical Snow-3 example displays incompleteness on the eagle's breast feathers, and on the veins of the cotton leaves, but the present specimen is sharply struck. Evidence of wear is scant, and the straw-gold and lilac-gray surfaces are unmarked. Both sides show some peripheral residue.
Coin Features:
NCG graded PR 58
Key Date
Known as a Flying Eagle Small Cent
Obverse: Eagle Flying Left. Around the Rim United States of America.
Reverse: One Cent Surrounded by a Laureate Crown Made of Trade Goods
1856 Flying Eagle Cent - Although technically a pattern, the 1856 Flying Eagle cent is a popular coin due to its status as the first small cent in U.S. coinage history. The legislation that authorized the new copper-nickel alloy was not passed until February 21, 1857, but the Mint produced an unknown number of proof specimens in 1856 to help win Congressional support for the proposal. Writing in 1977, Breen stated that 1,500-2,500 proofs were produced, with the latter number probably closer to the truth. In his 1992 book Flying Eagle and Indian Cents, Richard Snow asserts that approximately 1,050 proofs were delivered, as well as approximately 500 business strikes. While we may never know the true mintage figure of this issue, there is no doubt that the present example belongs in an advanced collection that highlights originality as well as technical quality.
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