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The Coronet Cent is a type of cent (1 cent) issued by the United States from 1816-1839. During this time, the Coronet head design, featuring Lady Liberty, became the iconic image for this popular coin.
The Coronet Cent was designed by Robert Scot and was popular in the United States due to its simple design. Lady Liberty was depicted on the faceside of the coin, showing her facing right with an unflowing diadem-style headdress and no stars, while the reverse side of the coin featured a wreath of laurel tied at the bottom with a bow. The original design featured a rod passing through a snake’s mouth in the wreath on the reverse but it was changed in 1837 to a simpler “closed” wreath.
The Coronet Cent was a popular coin due to its size and stability. Since it was composed of 89.2% copper and 10.8% nickel, it was very strong and easy to store. The metal content in the coin stayed steady from its release in 1816 through its retirement in 1839, providing a user-friendly format for investments in the quickly changing environment of U.S. finance.
The Coronet Cent is an important reflection of United States history, and still retains its recognition today due to its timeless design. Its importance and popularity have made it a widely sought after collectible, with some rare varieties commanding huge sums. The 1816 Coronet Cent is the earliest and rarest of the design and was given a Proof-66 grading by the Numismatic Guaranty Corporation, while the 1839 Coronet Cent is scarce in all grades but especially so above Very Fine.
For collectors and investors alike, the Coronet Cent remains an iconic coin and a true testament to the strength and history of the United States.
The 1823 Private Restrike Coronet Cent coin, struck at the Philadelphia, Pennsylvania mint, and engraved by Robert Scot or John Reich. Made of copper, weighing 10.89 grams, with a diameter of 28.5 mm, and featuring a plain edge.
The obverse is bust left, 13 stars surrounding, date below. It reads “1820”. The reverse is the denomination within a wreath and the country name around the rim. It reads “UNITED STATES OF AMERICA ONE CENT”.
| Grade | Price (USD) |
|---|---|
| 4 | $200.00 |
| 8 | $390.00 |
| 12 | $1,000.00 |
| 20 | $2,000.00 |
| 40 | $6,000.00 |
| 50 | $11,000.00 |
| 55 | $26,000.00 |
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