Imagine finding a small, old coin in a box of forgotten collectibles—and learning it’s worth lakhs or even crores. That’s exactly the case with the 1856 Flying Eagle Cent, one of the most valuable small coins in U.S. history. Although it looks tiny and simple, this coin is special for several reasons. It marks a big change in American coin design, was never meant for mass use, and today, it’s one of the most sought-after collector’s items. Let’s explore what makes this small cent such a huge deal in the world of rare coins.
Coin Name: The 1856 Flying Eagle Cent
Before 1856, the U.S. one-cent coin was much larger and made mostly of copper. But these big coins were heavy and costly. So, the U.S. Mint decided to experiment with a new design and a smaller size. The 1856 Flying Eagle Cent was the result. It was the first small-sized cent ever made by the U.S. Mint and was created mainly as a pattern coin—a sample to show Congress and collectors what the new design would look like. Because of this, only a limited number of coins were made, around 1,500 to 2,500 pieces, and most were given to politicians, collectors, and officials.
The coin features an eagle in flight on one side (the obverse) and a wreath surrounding the words “ONE CENT” on the reverse. It was made from a copper-nickel alloy, unlike the pure copper cents before it. The design was bold and unique, and although it was replaced by the Indian Head Cent just a few years later, the 1856 version became a collector’s favorite.
Why the 1856 Flying Eagle Cent Is So Valuable
There are a few big reasons why this coin has such a high value today:
- Limited Mintage: Only a small number of coins were made in 1856, possibly less than 2,000, making it extremely rare.
- Historical Importance: It marked the start of small-size U.S. cents, a major turning point in American coinage history.
- Collector Demand: Because it was never meant for circulation, collectors view it as both a prototype and a real coin.
- Condition and Detail: Coins in high-grade condition (like MS or PR grades) sell for much more.
In recent years, examples of the 1856 Flying Eagle Cent in excellent condition have sold for $10,000 to over $30,000, and even more for rare proof versions. If you come across one, especially in mint state, you could be holding a coin worth more than a car—or even a house!
How to Identify a Real 1856 Flying Eagle Cent
Because this coin is so valuable, many fakes exist. Here are some tips to spot the real deal:
- Date and Design: Make sure the date is clearly 1856, and the eagle design looks detailed and sharp.
- Weight and Size: It should weigh around 4.67 grams and be about 19mm wide.
- Professional Grading: The best way to confirm if your coin is real is to have it graded by a top service like PCGS or NGC.
- Avoid Altered Coins: Some fakes are made by changing the date on an 1857 or 1858 coin. Experts can usually spot these.
The 1856 Flying Eagle Cent may be small in size, but it has a massive place in coin collecting history. As the first small cent ever made in the United States, and with only a few thousand struck, it holds both historical and monetary value. For collectors and investors, owning this coin is like owning a piece of American heritage. And for someone lucky enough to find one in an old coin box or inherited collection, it could be a life-changing discovery. If you see this little coin with a flying eagle on it—don’t ignore it. You could be holding a rare gem worth lakhs or even crores.
FAQ’s:
Q1: How many 1856 Flying Eagle Cents were made?
A1: Experts estimate that between 1,500 to 2,500 coins were minted, mostly for presentation and not public use.
Q2: How much is a real 1856 Flying Eagle Cent worth today?
A2: Depending on condition and grade, the coin can be worth between $10,000 and over $30,000. Proof versions can sell for even more.
Q3: Was this coin used in everyday transactions?
A3: No, it was mostly made as a pattern coin to show the new design. It wasn’t widely circulated like later Flying Eagle cents.
Q4: How can I tell if my 1856 Flying Eagle Cent is real?
A4: Look for details in the design, proper weight, and get it graded by services like PCGS or NGC to confirm authenticity.
Q5: Why is the Flying Eagle Cent design important?
A5: It marked the start of the modern, small-sized U.S. cent and introduced new materials (copper-nickel) and fresh designs, paving the way for future coins.