The 1838 Liberty Head large cents have value as numismatic coins. Keep reading to learn more about these coins.
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 $30 in good condition. In very fine condition the value is around $95. In extremely fine condition the value is around $150. 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