The 1856 Flying Eagle pennies have value as numismatic coins. Keep reading to learn more about these one cent coins.

1856 Flying Eagle Penny

Specifications

Type: Flying Eagle Penny
Year: 1856
Face Value: $0.01
Composition: 88% copper, 12% nickel
Total Weight: 4.67 grams

There is no mint mark on this coin. Each coin was minted in Philadelphia.

This was the first year that the Flying Eagle cents were minted. For this year they were released as pattern coins only. It wasn't until the following year that they were released for circulation.

Series Location Quantity Minted
1856 Philadelphia 2,000

Value

The 1856 Flying Eagle penny is worth around $7,000 in good condition. In very fine condition the value is around $11,000. In extremely fine condition the value is around $13,000. In uncirculated condition the price is around $15,000 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $20,000.

Grading System

Good- All of the details are readable but worn.

Very fine- The feathers on the eagle's right wing and tail show considerable detail.

Extremely fine- All details are sharp. There is only slight wear.

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

 

Sources:

The Red Book


See also:

1857 Flying Eagle Penny
1858 Flying Eagle Penny