My Journey to Selling and Chatting More in the Coin Community
June 7, 2025My Take on Whether These Coins Are Worth Conserving and Which TPG to Choose
June 7, 2025I’ve always been drawn to early American coins, and my time with the 1831 Large Cent revealed some fascinating details. It’s remarkable how these historic pieces still turn up in odd places, making me wonder about their journey and what they might be worth.
What Makes the 1831 Large Cent Special
With about 3.36 million struck, the 1831 isn’t the toughest find, but each one has personality. What really grabs my attention is the split between Large Letter and Medium Letter varieties. Telling them apart comes down to tiny details – like how the ‘S’ in STATES lines up with that leaf on the back. Here’s what I look for:
- On Large Letter types, that ‘S’ usually sits farther from the leaf than on Medium Letters
- Leaf positions can point to specific Newcomb varieties, like the N-5 (Nearly Center) that might explain why things look slightly off-center
Reading the Wear and Tear
Like most old coppers, 1831 cents usually show their age. When I spot corrosion or pitting, it often means the coin spent time underground or in rough storage. This history leaves its mark on the grade:
- Heavy corrosion might mean a Poor or Fair grade, but even then, it’s got that cool, crusty character
- Watch for cleaning marks – a harsh cleaning can hurt value, so when in doubt, I’d get a second opinion
Even with flaws, these cents are worth far more than a penny today. Sometimes just being old is enough to make something special.
Hunting Tips from the Trenches
Finding an 1831 in circulation is like spotting a unicorn, but I’ve heard enough stories to know it happens. Sometimes they surface in quarter rolls or get passed as regular change. Here’s what I’ve picked up:
- Make a habit of checking bank rolls and Coinstar rejects – your big break could come any Tuesday
- Even rough examples might bring $20-$50, while nicer ones climb fast – always double-check with a guide or get it certified
- Half the fun is imagining where it’s been – I sometimes joke we’d need a time machine to follow its 190-year journey!
At its heart, the 1831 Large Cent captures why we collect coins. Whether you’re just starting or have been at it for decades, holding one connects you to history – and reminds you to expect the unexpected.