Imagine owning a coin that not only marked a turning point in U.S. coin history but is also worth lakhs of rupees today. The 1856 Flying Eagle Cent is more than just a rare penny—it’s a piece of American history and a dream coin for collectors. It was the first small cent ever minted in the United States and is now one of the most valuable and iconic coins among numismatists.
Why the 1856 Flying Eagle Cent Was Made
Before 1856, U.S. pennies were large and heavy, made of pure copper. But these large cents were costly and difficult to carry. In response, the U.S. Mint decided to test a new, smaller one-cent coin. The result was the 1856 Flying Eagle cent, made from a copper-nickel alloy. Only a few thousand were struck to show to members of Congress as a sample for approving the new design.
Design and Features of the 1856 Flying Eagle Cent
The 1856 cent shows a flying eagle in motion on the front (obverse), with “UNITED STATES OF AMERICA” and the date “1856.” The back (reverse) displays a simple wreath surrounding “ONE CENT.” The eagle design was inspired by an older pattern coin, but this was the first time it was featured on an official cent. Its attractive and unique design makes it stand out among other U.S. coins.
How Rare Is the 1856 Flying Eagle Cent?
The 1856 Flying Eagle cent is extremely rare because it was not a regular circulation coin. It was a pattern coin, meaning it was a trial piece to test public and political reaction. Around 1,000 to 2,000 pieces were struck originally, and most were given to government officials and collectors. Because of this limited mintage, genuine 1856 cents are now highly sought after.
Current Value and Market Demand
Today, the 1856 Flying Eagle cent is one of the most expensive U.S. small cents. Depending on its condition, this coin can be worth between ₹5 lakhs to ₹50 lakhs or even more. Coins that are graded as high quality, especially by services like PCGS or NGC, can fetch top prices at auctions. Even low-grade examples can be worth a small fortune, making it a dream find for any collector.
Table: Key Details of the 1856 Flying Eagle Cent
Feature | Description |
---|---|
Year of Issue | 1856 |
Metal Composition | 88% copper, 12% nickel |
Diameter | 19 mm |
Design (Obverse) | Flying eagle with date |
Design (Reverse) | ONE CENT within a wreath |
Mint | Philadelphia (no mint mark) |
Estimated Mintage | 1,000–2,000 |
Current Value Range | ₹5,00,000 to ₹50,00,000+ |
The 1856 Flying Eagle Cent isn’t just a rare coin—it’s the beginning of the modern American penny. As the first small-sized cent ever produced, it holds historical importance and high collector value. If you ever come across this coin, consider yourself extremely lucky. Whether you’re a serious collector or a casual enthusiast, this coin represents the ultimate prize in U.S. numismatics.
FAQ’s:
Why was the 1856 Flying Eagle cent made in limited numbers?
It was produced as a trial coin to introduce a smaller cent and was shown to Congress and influential people for feedback.
How can I tell if I have a real 1856 Flying Eagle cent?
Due to many fakes, it’s best to get it authenticated and graded by a professional coin grading company like PCGS or NGC.
Is the 1856 Flying Eagle cent still legal tender?
Technically, yes, but no one would spend it since its collector value is far higher than one cent.
What is the difference between the 1856, 1857, and 1858 Flying Eagle cents?
The 1856 version was a pattern coin with limited mintage, while the 1857 and 1858 versions were regular-issue coins made in larger numbers.
Where can I buy or sell an 1856 Flying Eagle cent?
Trusted auction houses, rare coin dealers, or certified marketplaces are the best places for buying or selling such a valuable coin.