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US 1862 Cent Value

Coin Values, images, and specs for the 1862 Cent from US.

The US 1862 Cent coin, designed by James B. Longacre, was minted during the American Civil War when the U.S. faced significant financial strain. The coins bronze composition (95% copper and 5% tin/zinc) was a shift from the earlier copper coins due to the war’s demand for copper in military production. The 1862 Cent reflected the governments effort to produce more affordable currency as paper money became more prevalent.

The 1862 Cents design, featuring a shield with a laurel wreath, symbolized unity and strength during a politically turbulent time. This penny became crucial in daily transactions as the Civil War caused a shortage of small change, making it both a symbol of resilience and necessity in U.S. currency.
Obverse of US 1862 Cent Value Reverse: US US 1862 Cent Value

US 1862 Cent Valuations

Very Good Condition
$18.00
Fine Condition
$23.00
Very Fine Condition
$31.00
Extremely Fine Condition
$55.00
About Uncirculated
$83.00
Mint State 60
$121.00
Mint State 63
$227.00
Mint State 64
$1,027.00
1862 Cent Mintage

Indian 1862 Cent coin is a popular coin with 2807500000 minted. Each year, the Indian 1862 Cent mintage numbers vary, making certain years more sought after by collectors and investors due to their limited production.
The value of Indian 1862 Cent coins are influenced by their rarity or mintage, condition, and historical significance.

1862 Cent Worth

The value of 1862 Cent depends on its rarity, condition, historical significance, metal content, and demand among collectors. Understanding these factors helps in assessing a coin’s worth accurately.

Coins with unique features or errors can also command higher prices due to their novelty and appeal to collectors.
The value of a US 1862 Cent coin is based on auctions, market trends, and numismatic sources. These figures are a guide only; rarity, condition, and collector demand can affect the actual price.

1862 Cent Coin Composition

The value of a US 1862 Cent coin depends on its composition and the current market prices of the metals used. Coins like the US 1862 Cent made from metals such as copper, nickel, or silver vary in worth based on their metal content and market conditions. While coins made from precious metals like silver may have a higher value due to fluctuations in silver prices, the US 1862 Cent coin made from more stable metals like copper or nickel tends to have a more consistent value. Factors like minting costs and collector demand also influence the value of the US 1862 Cent coin, regardless of its face value.