1848-P (Philadelphia) Braided Hair Cents

Coin / United States of America / 1848 / Philadelphia / Braided Hair Cents / 1¢ (One Cent, Penny)

This coin is an 1848 Braided Hair Cent, a one-cent piece struck by the Philadelphia Mint. It belongs to the series of Braided Hair Cents, which were minted from 1839 to 1857. The coin features a classic design showcasing a braided hairstyle on the obverse, representing Lady Liberty, while the reverse displays a simple wreath encircling the denomination. This specific coin is composed of copper and has a diameter of 27.5 mm, with a weight of approximately 10.89 grams. The Braided Hair Cent of 1848 has a total mintage of 6,415,799 coins, making it relatively common among collectors, though its value can vary widely based on condition and grading. Notably, this example appears to have been struck at the Philadelphia Mint, indicated by the absence of a mint mark. The coin has an inherent history as a piece of early American currency during the mid-19th century, representing a time of economic expansion and change in the United States. In terms of aesthetic condition, the value of the coin will depend on its grade; well-preserved examples in higher grades will command a premium in the market. Collectors prize Braided Hair Cents for their historical significance and their role in the evolution of American coinage.