History quiz

What is the value of a 1849 large cent?

The value of an 1849 large cent can vary greatly depending on its condition and rarity. According to the book “The Official Red Book: A Guide Book of United States Coins”, the following are approximate values for 1849 large cents in different grades:

- Poor (P-1): $10 - $20

- Fair (F-2): $20 - $30

- Good (G-4): $30 - $40

- Very Good (VG-8): $50 - $75

- Fine (F-12): $75 - $100

- Very Fine (VF-20): $100 - $150

- Extremely Fine (XF-40): $150 - $250

- Uncirculated (MS-60): $250 and up

1849 large cents that are graded MS-65 or higher can be significantly more valuable, especially if they are rare varieties or have desirable qualities such as strong strike or vibrant color.

The value of an 1849 large cent can also be influenced by the mint mark. The Philadelphia mint did not produce any cents in 1849, so large cents from that year were minted either at the New Orleans (O) mint or the San Francisco (S) mint. Large cents with an O mint mark are more common and therefore less valuable than those with an S mint mark.

It's important to note that the value of coins can change over time, and it's always a good idea to consult with an experienced numismatist or refer to up-to-date coin price guides for the most accurate value of a particular coin.