The 1842 Liberty Head large cents have value as numismatic coins. Keep reading to learn more about these coins.
Specifications
Type: Liberty Head Large Cent
Year: 1842
Face Value: $0.01
Composition: Copper
Total Weight: 10.89 grams
These Liberty Head cents are also known as Braided Hair cents. There is no mint mark on any of these coins. Each coin was minted in Philadelphia.
Two different varieties exist for this coin. There is the small date variety and large date variety. See the image below for reference.
| Series | Location | Quantity Minted |
|---|---|---|
| 1842 | Philadelphia | 2,383,390 |
Value
The 1842 large cent with the small date is worth around $30 in good condition. In very fine condition the value is around $100. In extremely fine condition the value is around $150. In uncirculated condition the price is around $600 for coins with an MS 60 grade. Uncirculated coins with a grade of MS-63BN can sell for around $1,250.
The 1842 large cent with the large date is worth around $30 in good condition. In very fine condition the value is around $90. In extremely fine condition the value is around $130. In uncirculated condition the price is around $500 for coins with an MS 60 grade. Uncirculated coins with a grade of MS-63BN can sell for around $1,000.
Grading System
Good- The details on Liberty's head are partially visible. Wear is shown evenly on the date and legends.
Very fine- Liberty's hair cords are just slightly worn. Liberty's hair lines are partially worn and well-defined.
Extremely fine- Liberty's hair cords stand out prominently. All of Liberty's hair lines are sharp.
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
See also: