1831 Penny Medium Letters, BN (Regular Strike): Value Chart, Auction Price & Comprehensive Analysis

As of May, 2024, a 1831 Penny Medium Letters, BN in circulated condition is worth between $32.00 and $850.00, while an uncirculated specimen can be valued between $1,000.00 and $5,000.00, depending on its grade and strike quality.

Looking back at auction records, the highest price was achieved by a Mint State grade that was hammered at $6,325.00 in the 01/01/2006 by renowned auctioneer Heritage Auctions, showcasing the allure of top-tier rarities.

Designer: Robert Scot

Edge: Plain

Diameter: 28.00 millimeters

Weight: 10.89 grams

Mintage: 3,359,260

Mint: Philadelphia

Metal: Copper

Series: Coronet Head Cents 1816-1857

1831 Penny Medium Letters, Bn (Regular Strike) – Price Chart

If you are aware of your coin’s grade, refer to the following chart to determine its value:

Grade	Price($)
MS-65	5,000.00
MS-64+	3,150.00
MS-64	2,750.00
MS-63+	2,650.00
MS-63	2,600.00
MS-62+	1,800.00
MS-62	1,400.00
MS-61	1,150.00
MS-60	1,000.00
AU-58+	850.00
AU-58	800.00
AU-55+	700.00
AU-55	675.00
AU-53+	640.00
AU-53	625.00
AU-50+	575.00
AU-50	550.00
XF-45+	425.00
XF-45	365.00
XF-40	285.00
VF-35	225.00
VF-30	160.00
VF-25	120.00
VF-20	100.00
F-15	90.00
F-12	75.00
VG-10	55.00
VG-8	45.00
G-6	40.00
G-4	35.00
AG-3	32.00

If you are unsure of the grade, you can assess it based on the coin’s condition. More detailed information here.

Grade	Lowest Price($)	Highest Price($)	Average Price($)
Mint State	1,000.00	5,000.00	2,388.89
About Uncirculated	550.00	850.00	676.88
Extremely Fine	285.00	425.00	358.33
Fine and Very Fine	75.00	225.00	128.33
Good and Very Good	35.00	55.00	43.75
Poor, Fair, and About Good	32.00	32.00	32.00

Please note that the estimated values are derived from the latest data in the PCGS Price Guide and are not guaranteed to be 100% accurate. We strongly recommend reviewing actual auction records, which can be filtered by grade. For further insights, refer to our analysis report, which is based on these data.

Also, there are multiple versions of the 1831 Coronet Head Cent. We recommend checking the values of these coins as well to ensure a comprehensive assessment.

Coin Name	Min Circulated Price($)	Max Circulated Price($)	Min Uncirculated Price($)	Max Uncirculated Price($)
1831 Penny Large Letters, BN (Regular Strike)	26.00	715.00	750.00	10,500.00
1831 Penny, BN (Proof)	N/A	N/A	17,500.00	80,000.00
1831 Penny Large Letters, RB (Regular Strike)	N/A	N/A	800.00	21,500.00
1831 Penny Medium Letters, RB (Regular Strike)	N/A	N/A	1,750.00	68,500.00
1831 Penny N-6 Large Letters, BN (Regular Strike)	35.00	675.00	750.00	5,000.00
1831 Penny N-6 Large Letters, RB (Regular Strike)	N/A	N/A	1,400.00	11,000.00
1831 Penny N-1 Large Letters, BN (Regular Strike)	35.00	675.00	750.00	2,150.00
1831 Penny N-10 Large Letters, BN (Regular Strike)	950.00	950.00	N/A	N/A
1831 Penny N-7 Large Letters, BN (Regular Strike)	35.00	675.00	750.00	5,000.00
1831 Penny N-2 Medium Letters, BN (Regular Strike)	30.00	850.00	950.00	7,000.00
1831 Penny N-11 Medium Letters, BN (Regular Strike)	30.00	800.00	2,000.00	2,250.00
1831 Penny N-3 Medium Letters, BN (Regular Strike)	30.00	850.00	950.00	4,750.00
1831 Penny N-7 Large Letters, RB (Regular Strike)	N/A	N/A	25,000.00	25,000.00
1831 Penny N-3 Medium Letters, RB (Regular Strike)	N/A	N/A	8,000.00	8,000.00
1831 Penny N-4 Medium Letters, BN (Regular Strike)	325.00	2,500.00	N/A	N/A
1831 Penny N-12 Large Letters, BN (Regular Strike)	35.00	675.00	750.00	5,000.00
1831 Penny N-8 Large Letters, BN (Regular Strike)	45.00	800.00	N/A	N/A
1831 Penny N-5 Medium Letters, BN (Regular Strike)	1,400.00	1,400.00	9,000.00	9,000.00
1831 Penny N-9 Large Letters, BN (Regular Strike)	35.00	675.00	750.00	2,150.00
1831 Penny N-14 Large Letters, BN (Regular Strike)	330.00	330.00	3,000.00	4,500.00
1831 Penny, RB (Proof)	N/A	N/A	37,500.00	37,500.00
1831 Penny, RD (Proof)	N/A	N/A	27,500.00	75,000.00
1831 Penny Newcomb 3, BN (Proof)	N/A	N/A	22,500.00	40,000.00
1831 Penny N-6 One Sided Obv, BN (Proof)	N/A	N/A	17,500.00	17,500.00
1831 Penny N-10 One Sided Obv, BN (Proof)	N/A	N/A	22,500.00	22,500.00

Coins listed have various mint marks and designations indicating where they were minted and if they are special strikes. To learn more about what the different mint marks and designations mean, please refer to our Mint Mark Chart and Coin Designation Reference Chart.

1831 Penny Medium Letters, Bn (Regular Strike) – Auction Chart & Report

This tool is very user-friendly. Simply select the coin grade, and our system will provide detailed information including:

Lowest Sale Price
Highest Sale Price
Average Sale Price
Most Recent Sale Price
Number of Sales
Sales Volume

You can also select different time periods for your query: 1 month, 6 months, 1 year, 3 years, or All time, with the default set to All time.

Grade:

Find On eBay

$299.00

Lowest Sale Price

$1,265.00

Highest Sale Price

$636.78

Average Sale Price

$499.38

Most Recent Sale Price

Number of Sales

$7,641.38

Sales Volume

Grade Impact Analysis

Grade	Lowest Price($)	Highest Price($)	Average Price($)
MS-66	2,185.00	6,325.00	3,694.33
MS-65+	3,565.00	3,910.00	3,737.50
MS-64	1,495.00	1,840.00	1,643.75
MS-63	403.00	1,734.30	1,108.95
MS-62+	763.75	763.75	763.75
MS-62	518.00	3,290.00	1,077.32
MS-61	417.00	417.00	417.00
MS-60	1,035.00	1,035.00	1,035.00
AU-58	276.00	2,760.00	1,017.13
AU-55	299.00	1,265.00	636.78
AU-53	467.50	576.00	514.50
AU-50	118.00	2,300.00	464.03
XF-45+	222.00	222.00	222.00
XF-45	207.00	1,495.00	643.33
XF-40	63.00	352.50	174.38
VF-35	150.00	150.00	150.00
VF-30	111.63	552.25	263.59
VF-25	115.15	1,208.00	661.58
VF-20	43.00	104.00	72.00
F-15	64.00	1,380.00	504.33
VG-8	184.00	1,150.00	667.00
G-4	25.00	403.00	214.00
PO-1	16.00	2,300.00	1,059.67

The chart shows the min and max prices for the 1831 Penny Medium Letters, BN (Regular Strike) coin across various grades from PO-1 to MS-66. The prices generally increase as the grade improves, with MS-66 having the highest max price $6,325.00.

Within each grade, there is also variability in prices, likely due to factors like specific coin characteristics or market conditions at time of sale. Overall, the chart illustrates how coin grade is a key driver of value for this particular 1831 Penny Medium Letters, BN (Regular Strike).

Auction House Comparison

The pie chart breaks down the market share of various auction houses for selling the 1831 Penny Medium Letters, BN (Regular Strike) coin. Heritage Auctions dominates with 64.13% share, followed by Goldberg Auctioneers / Stack's Bowers with 10.87% / 9.78% appearances respectively..

Price Trend Over Time

The graph presents a detailed analysis of the average annual auction sale price and frequency for the 1831 Penny Medium Letters, BN (Regular Strike) coin over the years. This visual representation traces the coin's value fluctuations, illustrating periods of increase, decrease, or stability in its average auction price.

Such a historical view is indispensable for collectors, investors, or researchers who are keen on comprehending the market dynamics and the coin's value trend over an extended period.

Raw Auction Records

Here are the lasted auction records from the auction history of the past years. You can filter these records by coin grade.

Grade	Grade Source	Seller	Price($)	Sold Date
MS-64	PCGS	Stack's Bowers	1,560.00	11/20/2019
XF-45+	PCGS	Heritage Auctions	222.00	11/06/2019
AU-53	PCGS	Heritage Auctions	576.00	05/22/2019
MS-64	PCGS	Stack's Bowers	1,680.00	03/05/2019
XF-40	NGC	Heritage Auctions	150.00	12/26/2018
VF-20	PCGS	Heritage Auctions	43.00	02/06/2018
XF-40	PCGS	Heritage Auctions	132.00	01/09/2018
VF-20	PCGS	Heritage Auctions	69.00	01/09/2018
XF-45	PCGS	Heritage Auctions	228.00	10/03/2017
MS-62+	PCGS	Heritage Auctions	763.75	02/04/2016
AU-53	PCGS	David Lawrence RC	500.00	07/05/2015
MS-62	PCGS	Heritage Auctions	881.25	06/07/2015
F-15	PCGS	Heritage Auctions	64.00	06/07/2015
MS-63	NGC	Goldberg Auctioneers	1,527.50	06/01/2015
F-15	PCGS	Heritage Auctions	69.00	05/10/2015
G-4	PCGS	Great Collections	25.00	08/17/2014
PO-1	PCGS	Great Collections	16.00	06/15/2014
AU-55	PCGS	Heritage Auctions	499.38	04/23/2014
XF-40	NGC	Heritage Auctions	176.25	03/17/2014
VF-30	NGC	Heritage Auctions	552.25	03/17/2014
VF-25	NGC	Heritage Auctions	115.15	03/17/2014
VF-30	PCGS	Stack's Bowers	111.63	02/25/2014
AU-53	PCGS	Great Collections	467.50	02/23/2014
VF-30	PCGS	Stack's Bowers	126.90	02/11/2014
XF-40	NGC	Heritage Auctions	352.50	01/10/2014
AU-50	NGC	Heritage Auctions	646.25	01/10/2014
MS-62	PCGS	Heritage Auctions	3,290.00	01/10/2014
MS-63	PCGS	Stack's Bowers	1,734.30	11/08/2013
AU-55	PCGS	Heritage Auctions	441.00	07/11/2013
AU-58	PCGS	Heritage Auctions	529.00	07/11/2013
AU-50	NGC	Heritage Auctions	118.00	03/11/2013
AU-55	PCGS	Stack's Bowers	940.00	02/22/2013
PO-1	PCGS	Stack's Bowers	2,300.00	01/24/2012
XF-40	PCGS	Heritage Auctions	219.00	01/03/2012
AU-55	PCGS	Stack's Bowers	374.00	11/15/2011
MS-66	NGC	Heritage Auctions	3,881.00	04/27/2011
MS-63	PCGS	Stack's Bowers	771.00	03/31/2011
VF-20	PCGS	Heritage Auctions	104.00	03/17/2011
F-15	NONE	Stack's	1,380.00	06/15/2010
AU-58	PCGS	Heritage Auctions	489.00	04/28/2010
XF-40	NCS	Heritage Auctions	99.00	10/19/2009
MS-62	PCGS	Heritage Auctions	546.00	04/01/2009
MS-66	NGC	Heritage Auctions	3,450.00	04/01/2009
MS-65+	PCGS	Goldberg Auctioneers	3,565.00	02/01/2009
MS-65+	PCGS	Goldberg Auctioneers	3,910.00	02/01/2009
MS-62	PCGS	Goldberg Auctioneers	1,208.00	02/01/2009
MS-64	PCGS	Goldberg Auctioneers	1,840.00	02/01/2009
XF-45	NONE	Goldberg Auctioneers	1,495.00	02/01/2009
AU-50	NCS	Heritage Auctions	161.00	01/01/2009
AU-58	NGC	Heritage Auctions	489.00	06/26/2008
VF-25	NONE	Goldberg Auctioneers	1,208.00	02/13/2007
AU-58	NONE	Bowers & Merena	1,725.00	11/09/2006
MS-62	PCGS	American Numismatic Rarities	552.00	06/21/2006
XF-40	NCS	Heritage Auctions	230.00	01/30/2006
VF-35	NGC	Heritage Auctions	150.00	01/30/2006
AU-50	NCS	Heritage Auctions	230.00	01/30/2006
XF-40	NCS	Heritage Auctions	63.00	01/30/2006
XF-40	NCS	Heritage Auctions	184.00	01/30/2006
AU-50	NCS	Heritage Auctions	460.00	01/01/2006
AU-55	NGC	Heritage Auctions	1,150.00	01/01/2006
AU-58	NGC	Heritage Auctions	374.00	01/01/2006
MS-66	NGC	Heritage Auctions	6,325.00	01/01/2006
AU-50	NCS	Heritage Auctions	184.00	01/01/2006
AU-50	NGC	Heritage Auctions	150.00	01/01/2006
MS-62	NGC	Heritage Auctions	518.00	01/01/2006
AU-55	NGC	Heritage Auctions	633.00	01/01/2006
XF-40	NCS	Heritage Auctions	138.00	01/01/2006
AU-50	NCS	Heritage Auctions	184.00	01/01/2006
XF-45	NGC	Heritage Auctions	207.00	01/01/2006
AU-55	NGC	Heritage Auctions	299.00	01/01/2006
MS-62	NGC	Heritage Auctions	546.00	01/01/2006
MS-66	NGC	Heritage Auctions	3,335.00	07/13/2005
AU-55	PCGS	Heritage Auctions	322.00	06/02/2005
MS-61	NGC	Heritage Auctions	417.00	03/27/2005
AU-58	PCGS	Goldberg Auctioneers	276.00	02/23/2005
AU-58	NGC	Heritage Auctions	2,760.00	01/01/2005
MS-64	NGC	Heritage Auctions	1,495.00	01/01/2005
MS-66	NGC	Heritage Auctions	2,185.00	01/01/2005
AU-58	NGC	Heritage Auctions	1,495.00	01/01/2005
MS-63	NGC	Goldberg Auctioneers	403.00	09/07/2004
VG-8	NONE	Heritage Auctions	184.00	05/05/2004
G-4	NONE	Heritage Auctions	403.00	05/05/2004
AU-50	NONE	Heritage Auctions	207.00	05/05/2004
MS-66	NGC	Heritage Auctions	2,990.00	11/07/2003
AU-50	NONE	Superior Galleries	2,300.00	05/27/2003
VG-8	NONE	Superior Galleries	1,150.00	02/18/2002
MS-60	NONE	Bowers & Merena	1,035.00	01/08/2002
PO-1	NONE	Goldberg Auctioneers	863.00	10/02/2001
AU-55	NONE	Superior Galleries	1,265.00	02/17/2001
AU-55	NONE	Superior Galleries	633.00	02/17/2001
AU-55	NONE	Bowers & Merena	660.00	11/01/1988
AU-55	NONE	Bowers & Ruddy	425.00	11/01/1979