On March 30 as part of the Whitman Coin and Collectibles Expo,
Stack’s Bowers Galleries offered Part II of the Twin Leaf Collection
of Middle and Late Date Large Cents. The collection was assembled over
two decades by a devoted collector and while the finest examples were
sold in July 2015, the recent offering showcased duplicates, although,
as the catalog noted, “It was a challenge to pick the best coin [for
the 2015 auction] since quality was always a guiding light in the
assemblage of this collection.” As such, the 2016 offering was
noteworthy in its own right.
1816 Coronet cent, Newcomb 1 Terminal State,
Very Good Details, Bent
Few series have been studied as deeply as the large cents, which
were struck between 1793 and 1857. Collectors put together sets by die
variety, and specialize further within the varieties by die states,
formed as the dies wore and broke down.
COIN VALUES: What is your 1816 Coronet cent worth?
No large cents dated 1815 were struck though some cents of another
date were struck late in that year, and in 1816 the cent was the sole
denomination struck at the Philadelphia Mint.
1816 saw a new Coronet Head design that was similar to the Classic
Head design used on cents dated between 1808 and 1814.
In the March 30 auction, an 1816 Coronet cent (a design sometimes
called the Matron Head) of the Newcomb 1 variety graded Very Good
Details, Bent, by Professional Coin Grading Service brought $940.
It is special because the reverse is described as the terminal die
state of the variety in William C. Noyes’s book United States Large
Cents 1816-1839. Evidence of the deterioration of the reverse die is
clear at the rim by the word UNITED. The cent also has a rich
pedigree that includes the Dan Holmes Collection.
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