The 1838 Liberty Head large cents have value as numismatic coins. Keep reading to learn more about these coins.

1838 Large Cent

Specifications

Type: Liberty Head Large Cent
Year: 1838
Face Value: $0.01
Composition: Copper
Total Weight: 10.89 grams

These Liberty Head cents are also known as Matron Head Modified cents. There is no mint mark on any of these coins. Each coin was minted in Philadelphia.

Series Location Quantity Minted
1838 Philadelphia 6,370,200

Value

The 1838 large cent is worth around $27 in good condition. In very fine condition the value is around $65. In extremely fine condition the value is around $120. In uncirculated condition the price is around $335 for coins with an MS 60 grade. Uncirculated coins with a grade of MS-63BN can sell for around $575.

Grading System

Good- The coin has considerable wear. The word "LIBERTY" on Liberty's headband is readable.

Very fine- There is only slight wear on Liberty's hair over her brow.

Extremely fine- The hair above Liberty's ear is detailed although slightly worn.

MS 60 uncirculated- There are no signs of wear. The coin has luster, but there may be a few stains, abrasions, or surface marks.

MS-63BN choice uncirculated- In the major focal areas there are some blemishes or contact marks. The coin's luster might not be as prominent. The color is brown.

 

Sources:

The Red Book