The 1793 Flowing Hair Large Cent with "AMERI" in the legend is a remarkable and highly sought-after variety among early American large cents. Here are some key points about this coin: 1.
Design: The obverse (front) of the coin features a portrait of Liberty facing to the left, with her flowing hair cascading down her neck and shoulder.
Reverse: On the reverse (back) side of the coin, there is a wreath encircling the denomination "ONE CENT" within it. The wreath is tied with a bow at the bottom, and the design is framed by a beaded border.
Variety: The inclusion of "AMERI" in the legend on the obverse distinguishes this variety from other Flowing Hair Large Cents of the same year. The legend was intended to read "LIBERTY PARENT OF SCIENCE & INDUSTRY," but due to spacing constraints, the engraver had to abbreviate it to "LIBERTY AMERI."
1. Historical Context: The 1793 Flowing Hair Large Cent was the first large cent issued by the United States Mint. Its production marked the beginning of regular federal coinage in the United States. The introduction of the large cent was a response to the need for a stable and reliable currency system in the young nation.
Low Mintage: The mintage of the 1793 Flowing Hair Large Cent was relatively low compared to later issues of large cents. The exact mintage figure is uncertain, but it is estimated to be around 36,000 pieces, making it a scarce and valuable coin for collectors.
Collector's Item: Due to its historical significance, low mintage, and distinctive variety with "AMERI" in the legend, the 1793 Flowing Hair Large Cent is highly prized by collectors of early American coinage.
The discovery of the "5 Over 4" variety on the 1825 Capped Bust Gold $5 Half Eagle not only adds intrigue to the coin's story but also sheds light on the meticulous craftsmanship and occasional human errors inherent in the minting process of the early 19th century.
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