Smart Buying Guide: How to Acquire an 1855 N-4 ‘Upright 55’ Large Cent Without Getting Ripped Off
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You don’t always need a dealer to uncover numismatic treasures. Sometimes the best discoveries happen when you’re simply sorting through rolls of cents from your local bank or browsing through bulk lots at estate sales. The 1855 N-4 ‘Upright 55’ Large Cent represents exactly the type of prize waiting to be found by patient collectors who know what to look for.
Historical Significance of the 1855 Large Cent
The 1855 Large Cent marks a fascinating transitional period in American numismatics. As one of the later dates in the large cent series, which concluded in 1857, the 1855 represents the final years of this iconic copper denomination. The ‘N-4’ designation refers to Newcomb variety 4, specifically the ‘Upright 55’ variety where the digits in the date are positioned vertically rather than slanted.
The 1855 N-4 is described as a “very common die-marriage for one of my favorite dates in the late series” by experienced collectors, making it an accessible entry point for those building a large cent collection.
Identifying Key Markers: What to Look For
When searching through circulation or bulk lots, here are the critical markers to identify an 1855 N-4 ‘Upright 55’:
- Date Position: The ’55’ in the date appears upright or nearly vertical rather than slanted
- Die Marriage: Look for the specific N-4 characteristics that distinguish it from other 1855 varieties
- Composition: Large cents are made of pure copper, giving them their distinctive reddish-brown color
- Size: These coins measure approximately 28mm in diameter, noticeably larger than modern cents
Condition Assessment: Understanding the Grades
The forum discussion reveals a fascinating range of grade estimates for this particular specimen, demonstrating how subjective coin grading can be:
- VF-62 (Very Fine)
- MS-64RB (Mint State with Red-Brown coloration)
- MS-65RB (Mint State with Red-Brown coloration)
- AU-58 (About Uncirculated)
- AU-55 (About Uncirculated)
- MS-63RB (Mint State with Red-Brown coloration)
- MS-64RB (Mint State with Red-Brown coloration)
The ‘RB’ designation indicates ‘Red-Brown,’ suggesting the coin retains some of its original mint luster while showing natural toning. This is particularly desirable for copper coins, as it demonstrates minimal circulation while avoiding the overly bright appearance of full red specimens.
Where to Find These Treasures
Circulation Rolls
Despite their age, large cents occasionally appear in bank rolls, particularly in areas where older coins have been stored for decades. While most rolls contain modern coins, the occasional large cent can slip through, especially in penny rolls from smaller banks or credit unions.
Bulk Lots and Estate Sales
Bulk lots represent one of the best opportunities for finding large cents. These are often sold as “copper cents” or “wheat penny lots” without careful examination. Estate sales, particularly those from older collectors or families clearing out homes, frequently contain overlooked numismatic treasures.
Online Marketplaces and Auctions
While not strictly “roll hunting,” online platforms offer opportunities to purchase large lots of mixed copper cents. The key is to look for listings that mention “mixed dates” or “old pennies” without detailed photography of every coin.
Authentication and Verification
When you believe you’ve found an 1855 N-4, verification is crucial. Compare your find against known examples, paying particular attention to:
- The upright positioning of the ’55’ in the date
- The overall style and positioning of other design elements
- The weight (large cents should weigh approximately 10.89 grams)
- The diameter and thickness measurements
Value Guide: What Your Find Might Be Worth
Based on the grade estimates from the forum discussion, here’s a general value range for the 1855 N-4 ‘Upright 55’:
- VF-20 to VF-30: $50-$100
- AU-50 to AU-58: $150-$300
- MS-63RB: $400-$600
- MS-64RB: $700-$1,000
- MS-65RB: $1,200-$1,800
These values can vary based on market conditions, the specific characteristics of your coin, and whether it has been certified by a professional grading service.
Preservation and Care
If you’re fortunate enough to find an 1855 N-4, proper preservation is essential:
- Handle coins by the edges only
- Store in archival-quality holders or flips
- Keep in a cool, dry environment away from direct sunlight
- Never clean copper coins, as this significantly reduces their value
Conclusion: The Joy of Discovery
The 1855 N-4 ‘Upright 55’ Large Cent exemplifies why roll hunting and cherry picking remain popular among collectors. While this variety is described as “very common” for its date, finding one in nice condition through circulation represents a genuine achievement. The range of grade estimates in the forum discussion (from VF-62 to MS-64RB) demonstrates both the subjectivity of grading and the potential for significant finds in unexpected places.
Whether you’re a seasoned collector or just beginning your numismatic journey, the search for large cents in circulation offers excitement, education, and the possibility of discovery. Remember that every roll you search, every bulk lot you examine, could contain the next great find. Happy hunting!
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