Price Guide for 1832 Cent Variants
This guide presents price ranges for 1832 Cent variants from three sources: eBay sales, third-party auctions, and PCGS guides. Values are shown for various conditions, allowing collectors to compare across different market segments. Price estimates may vary between sources, especially for rarer variants.
1832 Penny Large Letters, BN (Regular Strike)
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3rd Party PriceCirculated: $2.50 - $1,495.00Uncirculated: $345.00 - $6,325.00
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eBayCirculated: $10.49 - $560.00Uncirculated: $2,937.55
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PCGS Price GuideCirculated: $24.00 - $750.00Uncirculated: $900.00 - $7,500.00
1832 Penny Medium Letters, BN (Regular Strike)
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3rd Party PriceCirculated: $11.25 - $2,760.00Uncirculated: $431.00 - $4,428.00
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eBayCirculated: $35.00 - $400.00Uncirculated: $997.50
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PCGS Price GuideCirculated: $32.00 - $975.00Uncirculated: $1,025.00 - $10,500.00
1832 Penny Newcomb 1, BN (Proof)
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3rd Party PriceUncirculated: $35,250.00
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eBayCirculated: $76.00 - $153.58
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PCGS Price GuideUncirculated: $18,500.00 - $48,500.00
1832 Penny, BN (Proof)
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3rd Party PriceCirculated: $84.00Uncirculated: $38,187.50
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eBayCirculated: $20.50 - $188.33Uncirculated: $1,000.00
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PCGS Price GuideUncirculated: $19,000.00 - $48,500.00
1832 Penny, RD (Proof)
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3rd Party PriceUncirculated: $83,375.00
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PCGS Price GuideUncirculated: $11,500.00 - $80,000.00
1832 Penny N-3 Large Letters, BN (Regular Strike)
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3rd Party PriceCirculated: $120.00 - $1,351.00Uncirculated: $661.00 - $3,290.00
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eBayCirculated: $73.00
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PCGS Price GuideCirculated: $20.00 - $725.00Uncirculated: $900.00 - $7,000.00
1832 Penny N-3 Large Letters, RB (Regular Strike)
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3rd Party PriceUncirculated: $21,150.00 - $23,500.00
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PCGS Price GuideUncirculated: $1,150.00 - $35,000.00
1832 Penny N-1 Medium Letters, BN (Regular Strike)
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3rd Party PriceCirculated: $109.00 - $920.00Uncirculated: $960.00 - $11,162.50
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eBayCirculated: $55.57 - $424.82
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PCGS Price GuideCirculated: $25.00 - $910.00Uncirculated: $950.00 - $9,000.00
1832 Penny N-1 Medium Letters, RB (Regular Strike)
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3rd Party PriceUncirculated: $4,406.00
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PCGS Price GuideUncirculated: $3,000.00
1832 Penny N-2 Medium Letters, BN (Regular Strike)
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3rd Party PriceCirculated: $192.00 - $900.00Uncirculated: $384.00 - $4,113.00
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eBayCirculated: $575.00Uncirculated: $999.00
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PCGS Price GuideCirculated: $30.00 - $910.00Uncirculated: $950.00 - $5,500.00
1832 Penny Large Letters, RB (Regular Strike)
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3rd Party PriceUncirculated: $230.00 - $33,350.00
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PCGS Price GuideUncirculated: $1,300.00 - $33,500.00
1832 Penny Medium Letters, RB (Regular Strike)
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3rd Party PriceUncirculated: $748.00 - $19,200.00
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PCGS Price GuideUncirculated: $1,700.00 - $17,500.00
Design and Specifications of the 1832 Cent
The 1832 Cent, also known as the Coronet Head or Matron Head Large Cent, was part of the early copper coinage of the United States. This coin represents a transitional period in American numismatics, as it was produced during the time when the US Mint was still refining its coin production techniques and designs.
The Coronet Head design, introduced in 1816, was an improvement over the previous Classic Head design and would continue until 1839. These large cents played a crucial role in everyday commerce during the early 19th century, as they were the primary copper currency of the time.
| Weight | 10.89 grams |
|---|---|
| Diameter | 28-29 mm |
| Mint Marks | None (all minted in Philadelphia) |
| Composition | 100% Copper |
| Obverse Design | Coronet Head (Matron Head) Liberty, designed by Robert Scot |
| Reverse Design | Wreath of laurel leaves enclosing denomination, designed by John Reich |
Rarity Factors and Value Drivers
The condition of an 1832 Cent significantly impacts its value and desirability. Due to the coin's age and extensive circulation, finding high-grade examples can be challenging. Coins in Uncirculated condition (MS60 and above) are particularly scarce and command substantial premiums.
The soft nature of copper makes these coins susceptible to wear, nicks, and environmental damage. Collectors highly prize examples with original red or red-brown color, as most surviving specimens have turned brown over time. The presence of corrosion, cleaning, or other forms of damage can significantly reduce the coin's value.
Mintage: 2,362,000
Rarity Scale: Uncommon
Circulation Status: Widely Circulated
Preservation Rarity: Rare in grades MS65 and above due to the soft nature of copper and widespread circulation
Varieties Errors: Large Letters, Medium Letters, and Small Letters varieties
Market Demand: Moderate, with higher demand for well-preserved specimens
Several factors can influence the value of an 1832 Cent beyond its basic condition:
1. Strike Quality: Well-struck coins with full details, especially in the hair and wreath, are more desirable.
2. Die Varieties: The Large Letters, Medium Letters, and Small Letters varieties can affect value, with some being rarer than others.
3. Original Mint Luster: Coins retaining their original mint luster are highly prized.
4. Toning: Attractive, natural toning can enhance a coin's appeal and value.
5. Provenance: Coins with a notable ownership history or pedigree may command a premium.
6. Certification: Third-party grading and encapsulation can provide assurance of authenticity and condition, potentially increasing value.
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