1803-P (Philadelphia) Draped Bust Cents

Coin / United States of America / 1803 / Philadelphia / Draped Bust Cents / 1¢ (One Cent, Penny)

The coin in question is a Draped Bust Cent, minted in 1803 at the Philadelphia Mint. It is part of the esteemed Draped Bust series, which features a design by artist Robert Scott. This particular cent, with a denomination of 1¢ (One Cent, Penny), is made of copper and weighs approximately 10.89 grams with a diameter of 29 mm. The 1803 Draped Bust Cent is notable not only for its historical significance but also for its relatively high mintage of 3,131,691 coins produced during that year. Despite this considerable production number, the coin remains collectible and can be highly sought after by numismatists, particularly in higher grades. The coin showcases the classic Draped Bust design, where Liberty is depicted in profile with flowing hair, symbolizing freedom and independence. The reverse typically features a simple design with the denomination and the inscription "United States of America." Collectors are particularly interested in the grade of the coin, as it significantly affects its value. Coins in uncirculated or higher grades tend to command greater prices in the market. As of my last updates, the value can range widely depending on the coin's condition, from a few dollars for lower grades to several hundred dollars or more for pieces in exceptional mint condition. This 1803 Draped Bust Cent not only represents a piece of American history but also serves as an enduring symbol of early American coinage, making it a desirable item for collectors.