Flying Eagle Cent - A High Point in Pennies?

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Flying Eagle Cent - A New Era in Coinage

One of the more striking coins in US Mint History, the Flying Eagle Cent was also one of the shorter lived coins. The mint started making them in 1856, but the last Flying Eagle was struck just three years later, in 1858.

With their brief period of mintage, their interesting history, and their beautiful design, the Flying Eagle Cent is highly sought after by collectors, Flying Eagle Cents are fairly common at Coin Shows, are always available through online auction sites, and can even occasionally be found in rolls of Indian Head Cents!

What's So Special About the Flying Eagle Cent? 

I'll Bet You Can Figure It Out!!!


One Cent Pieces in the United States can be divided into two general categories, with the major change coming in the year 1856. That was when the US Mint stopped striking large cents and started making small cents

The last "large cent produced was the "Braided Hair" large cent. It was 27.5 millimeters in diameter, whereas the new Flying Eagle was only 19 millimeters across! The new 4.67 gram penny weighed less than half as much as the 10.89 gram large cent!

 

The Coin Itself 


The Flying Eagle Cent was designed by James Barton Longacre, the Chief Engraver of the US Mint from 1844 until 1869. Longacre's most famous coin was undoubtedly the Indian Head Cent, which would replace the Flying Eagle in 1869. But Longacre was also responsible for the Shield Nickel, Two-Cent Piece, Silver and Nickel Three-Cent Pieces, One Dollar Gold, a Three-Dollar Gold Piece, and the Liberty Head (or Coronet) Double Eagle Gold Piece ($20).

The obverse (or heads side) of the Flying Eagle Cent features an eagle in flight. While eagles have been featured on the reverse side of coins, this is the only instance in which the eagle occupies the feature spot.

The reverse (or tails side) of the coin features a wreath encircling the words "One Cent," similar to the wreath on the Indian Head Cent, which would be introduced just three years after the Flying Eagle was designed.

The Flying Eagle Cent was minted from 1856 through 1859,

Flying Eagles on eBay! 

I LOVE eBay, but probably not for the reason you're thinking!

I am really grateful for auction sites like eBay. Yes, they do provide markets from which I can buy or sell merchandise, but there's another reason that I go to eBay every single day looking for coins.

I find eBay to be a tremendous learning tool. It allows me to see coins that I would never get to see in real life, and to spend more time with them than I usually could, and all at my convenience.

For example. I went to a coin show in North Texas the week before I wrote this. I had two or three coins in mind that I might be in the market for. Not finding those at a price I wanted to pay, I started looking for other coins in which I have an interest, but wasn't really in the market for at this time. Specifically, I started asking about Flying Eagle Cents and Liberty Cap Large Cents. I only found two dozen of the large cents among all the tables I visited. And I found about 50 Flying Eagles. A search for "Flying Eagle Cent" on eBay as I write this shows that there are 412 coins available. Almost all of the listings have pictures. I can look at these pictures for as long as I want without bothering anyone, or being bothered by anyone. Admittedly it is not nearly the same as holding the coin in my hands and using my own magnifying glass to get a good, close look at the coin, but I still learn or realize something about some coin or another almost every day. I can see patterns in what coins sell, and what coins don't sell by looking in the completed listings. I can figure out trends in prices. eBay really provides a great service to me even when I am not buying anything!

With that in mind...Take a Look at What's on eBay right now when we search for Flying Eagle Cents!

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eBay

Coin Folders and Albums 

Protect and Organize Your Coins in a Nice Display


Coin Folders and Albums are a good way to organize and protect your coins. Folders have slots into which you can insert your coins. They are good for organization. There are two major disadvantages. First, you must remove the coin from the album if you want to see the reverse. Second, you can still touch the coin, which means there is a higher probability of the coins being damaged fingerprints...or even just falling out of the folder.

Albums are a better choice for higher grade coins because both sides of the coin are visible and a clear plastic prevents little fingers (or even adult fingers) from handling your coins!

The Official U.S. Mint Flying Eagle & Indian Cents Coin Album: 1857-1909

A nicer display for your coins, more protection, and the ability to see both sides of the coin make these albums a good investment for someone who's doing more than "filling in the holes."

Amazon Price: $14.78 (as of 12/05/2009) Buy Now

Indian Cents Folder 1857-1909 (Flying Eagle)

Amazon Price: $3.99 (as of 12/05/2009) Buy Now

Littleton Flying Eagle & Indian Cents Coin Folder LCF17

Amazon Price: $3.29 (as of 12/05/2009) Buy Now

Why Are There So Few 1856 Flying Eagles? 


It is not known how many 1856 Flying Eagle Cents were minted. Estimates range from 1000 to 2000. The coins were produced as patterns and to perfect the design and dies. The were also used to influence members of Congress to authorize the coin. The1856 coins were never meant to be placed into circulation. In fact, the coins were supposed to be returned to the Mint and destroyed. But some 1856 Flying Eagle Cents never made their way back to the Mint at all. Since there were so few minted (and so many of those were destroyed), 1856 Flying Eagles are very highly prized.

Learn About Coins 

They Say "Buy the Book Before You Buy the Coin!" They're Right!

The more you know about any collectible (including coins) the more likely you are to make good decisions about buying and selling. You know what to look for. You know what to avoid. You know what the trends are. You know what reasonable prices are.

One way to do this is to become a professional numismatist. Interact daily with people in the industry. Spend every weekend at coin shows around the country. Attend seminars at the headquarters of the American Numismatic Association.

If you're like me, this sounds great. But if you're like me there are other aspects of your life that you need to take care of. So if you're like me, you'll spend some time reading reference books about the coins which interest you. Here are some books which can get you started right in Coin Collecting.

Coin Collecting For Dummies (For Dummies (Sports & Hobbies))

Amazon Price: $14.95 (as of 12/05/2009) Buy Now

The Expert's Guide to Collecting & Investing in Rare Coins: Secrets Of Success

Excellent tips on buying coins in this book. I re-read it regularly.

Amazon Price: $13.57 (as of 12/05/2009) Buy Now

Coin Collecting for Kids

Amazon Price: $10.39 (as of 12/05/2009) Buy Now

Coin Collecting 101 What You Need to Know

Amazon Price: (as of 12/05/2009) Buy Now

 

More Flying Eagle Cents on eBay 

As I said earlier, I visit eBay on a regular basis to see what is available. But I also use the pictures published on eBay to hone my grading skills. Do you agree with the grading on these coins currently on eBay?

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eBay

Coin Lenses on Squidoo 

 

42,050,000 Flying Eagles Were Minted 

Place all of those pennies on the ground edge to edge starting at the Washington Monument. You could drive along that line of coins to Fort McHenry, in Baltimore, then on to Bunker Hill in Boston, then to the battlefield in Lexington, then Concord, and then back to your hotel room in Boston, and you'd still have six miles to go before you reached the end of that 496.4 mile long penny line! That means they minted almost 7/10 miles of pennies per day!

A Flying Eagle Cent Shirt 

Let Folks Know What You Like to Collect While Leaving the Coins at Home!

Cyber Monday Deals on Gifts and Apparel 

Certifiably Coin Crazy Bag 

Display Your Passion on an Eco-Friendly Canvas Bag!

So What's My Flying Eagle Worth? 

Here are some Guidelines and Resources to Help Find Out!

Coin Reference BookThe value of a coin is based on two factors. The first is how rare the coin is. This is a combination of how many coins were originally minted, and what happened to them. Some are destroyed accidentally. Some have been recalled by the government. Collectors have taken some out of circulation. As a particular type of coin has fewer examples available, it becomes more valuable. The other factor is the physical condition of a coin. The closer a specimen is to perfect is, the more valuable it becomes. So a rare, perfect coin is much more valuable than a common, worn coin.

The American Numismatic has developed a grading system to describe the condition of a coin. What I will discuss here is coins that have been minted to go into general circulation, released. The conditions of the coins are represented by names, as well as a combination of letters and numbers. I have summarized some general conditions here.

Perfect Uncirculated (MS-70) This indicates a coin in perfect, new condition. It shows no trace of handling, wear, or contact with other coins.

Gem Uncirculated (MS-65) This is an above average uncirculated coin. It may be brilliant, or it may be lightly toned. There are very few contact marks either on either surface of the coin or on the rim.

Choice Uncirculated (MS-63) This coin has some distracting contact marks and/or blemishes in the prime focal areas of one or both surfaces. The luster of the coin may be impaired.

Uncirculated (MS-60) This coin has no trace of wear, but it may show several contact marks, and the surface of the coin may lack luster, or even be spotted.

Choice About Uncirculated (AU-55) There is evidence of friction on the high points of the coin's design, but most of the mint luster remains.

About Uncirculated (AU-50) This coin shows traces of light wear on many of the high points of the coin. At least half of the original mint luster is still present. A trace of wear is evident on the eagle's chest, head, and left wing tip as well as on the bow.

Choice Extremely Fine (EF-45) The coin exhibits light overall wear on the highest points of the coin. Some of the original mint luster is still evident. All design details are still very clear and sharp. Now the right wing tip is also showing wear, but all weathers are still plain. The leaves on the reverse are beginning to show some wear. Coin Reference Book

Extremely Fine (EF-40) There is light wear throughout the design, but all features of the design are still sharp and well-defined. Although not an essential element to the the definition of this grade, some traces of mint luster may still exist. Wear is becoming obvious on the Eagle's thigh. There is more wear evident on the bow.

Choice Very Fine (VF-30) Light, even wear on the surface and highest parts throughout the design. All major features of the design, as well as al lettering remain sharp. The wear on the Eagle's breast and thigh have reached the point were there are small flat spots present. The head, although worn, is still sharp. The ends of the leaves and bow have almost worn smooth.

Very Fine (VF-20) While all major details of the design remain clear, there is moderate wear on high points of the coin's design. There is now a good deal of flatness evident on the Eagle's chest. Much of the detail in the wing feathers has worn away, but some is still present. The tail feathers still look nearly complete. The ends of the bow and the leaves are worn smooth on the coin's reverse.

Fine (F-12) There is moderate to considerable even wear. The design remains bold, and the overall appearance of the coin is still pleasing to the eye. There are still some details evident on the Eagle's head, chest, and tail. On the reverse, the bow is very smooth, but some details are still present on the bow.

Very Good (VG-8) The coin is well worn with the main features of the design remaining clear and bold, although they have been worn somewhat flat. Only a small amount of detail remains in the lower half of the wreath on the coin's reverse, but the top of the wreath shows no detail remaining in the leaves.

Good (G-4) This coin is heavily worn. The design is still visible, but many of the details are flat, and the design is faint in some areas.

About Good (AG-3) This coin is very heavily worn with portions of the lettering, date, and legend have been worn smooth. In many instances, the date is barely readable. of possible values.

A CENTS-ible Coin Collecting Shirt 

Cin Collecting: a CENTS-ible Hobby



Click the shirt and take a look at the styles that are availalbe.

An OUTSTANDING Flying Eagle Cent Reference 

The Industry Standard on Flying Eagles...This Book is a Must Have!

This book is an invaluable reference on the first two major small cent designs, the Flying Eagle and the Indian Head Cent. It is written simply enough for the amateur, but has information that is useful by someone who is looking for in-depth information about Flying Eagles and Indian Heads.

The Official Red Book: a Guide Book of Indian And Flying Eagle Cents

Amazon Price: $17.95 (as of 12/05/2009)Buy Now
List Price: $17.95
Used Price: $6.99

This is one of my favorite coin books. It includes valuable information includes mintage numbers, collecting challenges, and interesting varieties for each date, supplemented with market values in multiple grades, certified coin population data and high quality color photographs. In addition, there is a section of the book devoted to altered and counterfeit coins -- especially important for the 1856 coins since there are so few actually in existence. The author has also included an illustrated biography of James Longacre, the man who designed the coins.

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Varieties in the 1858 Flying Eagle 

Look at the Letters on the Reverse of the Coin!

The 1858 Flying Eagle Cent actually had two varieties. The "Large Letter" and the "Small Letter" versions of the coin had different lettering on the back of the coin. The best place to see the difference at a glance is the spacing between the letters "A" and "M" in "America." If you examine the spacing, you will find that in the "Large Letter" variety of the coin, the serifs at the bases of the letters almost touch. In the "Small Letter" variety there is a clear space between the two coins.The first A in America on the "Large Letter" variety is also closer to the Eagle's wingtip!

Keep Current in the Hobby 

Trends and News

Whether you are buying and selling coins or you are simply collecting, you'll be more successful and finding, acquiring, and selling coins at a good price if you have an idea what is happening in the coin market. And you'll have more fun with you hobby if you are well-informed. Here are some magazines that will help you learn about coinage and coin markets!

Coin World

Amazon Price: $41.95 (as of 12/05/2009) Buy Now

Coins Magazine (1-year)

Amazon Price: $25.98 (as of 12/05/2009) Buy Now

Numismatic News (1-year)

Amazon Price: $29.99 (as of 12/05/2009) Buy Now

Coin Prices (1-year)

Amazon Price: $18.98 (as of 12/05/2009) Buy Now

Coin News

Amazon Price: $70.29 (as of 12/05/2009) Buy Now

One of the Better Coin Magazines 

Coinage

Amazon Price: $24.00 (as of 12/05/2009)Buy Now

The writing in this magazine is consistently better than many. The research is good, and the articles thorough. I read this monthly!

Some Interesting Coin Pages You Might Enjoy 

Coin Supplies at a Disount 

The Flying Eagle is Beautiful! Why Was It Discontinued? 

The Problem is in the Design -- Aye There's The Rub!

QUITE LITERALLY. Longacre, while immensely talented, was actually a painter. His lack of experience producing engravings for coins came to the fore when he designed the Flying Eagle. The high relief on both the obverse and reverse of the design created a lot of rubbing, scratching, and consequently wear, on the coin. Smooth coins such as the one pictured below are the result. It is for this reason that coins in excellent condition are highly prized by collectors.

 


In addition, with the coin's composition changeing from copper to 87% copper, 13% nickel the color changed. People began to call it the "white cent." And people who were used to seeing the image of Liberty on the obverse of the coin began to call the "Flying Eagle Cent" the "Buzzard Cent."

Coin Resources on the Internet 

American Numismatic Association
The American Numismatic Association is a nonprofit educational organization dedicated to educating and encouraging people to study and collect money and related items.
American Numismatic Society
It's mission is the creation and maintenance of the preeminent national institution advancing the study and public appreciation of coins, currency, medals, orders and decorations, and related objects.
United States Mint
It's mission is the production of an adequate volume of circulating coinage for the nation to conduct its trade and commerce. Many resources online, especially good for amateurs. This is also the source for Mint Sets, Proof Sets, etc.
Coinflation
An interesting site in that it allows you to see the intrinsic value of the metal in silver and gold coins based on the most recent silver and gold quotes.

Flying Eagle Cents in the Blogosphere. 

1858 Flying Eagle Penny, Small Cent
US $0.99 (0 Bid) End Date: Saturday Dec-05-2009 5:30:55 PST Bid now | Add to watch list More... This is an auction listing for a Flying Eagle Cent hosted in Ebay, click through to see the actual coin listed.
1858 flying eagle penny good - CoinTalk
Flying Eagle Cents Flying Eagle Cent coins minted in the USA. LinkBack · Thread Tools · Rate Thread. Old 11-24-2009, 04:10 AM. US Flying Eagle Cents. Numismatist. Join Date: May 2009. Posts: 9827. My Mood: 1858 flying eagle penny good ...
Old estate penny roll-1859 flying eagle ih tail's #23 - CoinTalk
US $9.50 (4 Bids) End Date: Friday Nov-20-2009 18:18:04 PST Bid now | Add to watch list More... This is an auction listing for a Flying Eagle Cent. ... Flying Eagle Cents Flying Eagle Cent coins minted in the USA ... Question for all the penny roll searchers, Ugaman72, US Coins Forum, 7, 03-16-2007 07:10 PM. Flying Eagle and Indian Head Cents, Vroomer, US Coins Forum, 4, 08-04-2006 10:58 PM. 1858 Flying eagle Penny, rottsr4u2, What's it Worth, 2, 03-17-2006 06:20 PM ...

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Thanke for visiting, and thanks for taking the time to put your thoughts into words here!

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by ViolinStudent

Member American Numismatic AssociationAs Featured On EzineArticles
Arthur Haule began to collect coins on in 1963. He was thrilled to get two folders with the common dates of a Lincoln Penny collection for Christmas... (more)

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