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Flying Eagle PennyThe flying eagle penny was produced from 1857-1858. It was the first small sized penny or one cent us coin. It gets its name from the eagle on the obverse (front) of the coin. On the reverse the words ONE CENT are surrounded by a wreath. A few Flying Eagle cents (estimated between 1000 and 2000) were actually made in 1856 as patternPattern These coins were supposed to have been destroyed, however, for unknown reasons some of them were not. The coins that managed to slip by and avoid destruction are very valuable as they are extremely rare. There were two varietiesVariety You can tell the difference in the two by looking at the word America in "United States of America". In the "large letter" variety, the letters A and M are joined. In the "small letter" variety, they are not joined, as seen in the photos below.
The Flying Eagle Cent was made of 88% copper and 12% nickel which earned them the nickname "Nicks" or nickels. They were also known as the white cent since previous pennies were made of solid copper and were much darker. Perhaps the reason the Flying Eagle Penny was produced for such a short time was minting problems. Since there were two high points on opposite sides of the coin, there was a weakness in the strikeStriking Collecting small cents is very popular, second only to the morgan dollar as a collectible coin. The coins are fairly easy to find except maybe key datesKey Date Price GuidesPCGS Price guide. Numismedia Fair Market Value Price guide. Also see Coin Values Discovery for grading images and value charts for your Flying Eagle Cent.
For some great deals on Coins and Coin Supplies visit my friends at Jake's Marketplace, Inc. They have a very comprehensive selection to choose from and give great discounts!
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