- USA Coin Book
- Large Cents
- Draped Bust
- 1801-P : 3 Errors: 1/000 - One Stem - IINITED
1801 Draped Bust Large Cents : 3 Errors: 1/000 - One Stem - IINITED
Early Copper Penny
Metal Composition: 100% Copper
Diameter: 29 mm
Mass / Weight: 10.89 grams
What this coin looks like (obverse, reverse, mint mark location, special features, etc.):
One of the biggest errors of the 1801 Draped Bust Large Cent (Penny) is the "3 Errors" variety. Just as the name says - there are three major errors on the bottom of the reverse of the coin. The first is the fractional 1/000 which is supposed to be 1/100 to denote 1 cent. In addition: There should be two stems on the bottom of the wreath for the two branches but one stem is missing on the left-hand side. Lastly: The "U" in "UNITED" was originally engraved upside down and struck on the coin. Eventually the "U" was reversed and the coin was struck on top of the inverted "U" which resulted in what looks like two letter "I"s - making the word "UNITED" look like 'IINITED". All three of these error features are depicted above in the example image of the coin.
The 1801 Draped Bust Large Cent (3 Errors: 1/000 - One Stem - IINITED Variety) is worth $358 in average condition, and more in higher condition. Click here to learn how to use coin price charts. Also, click here to learn about grading coins. The Melt Value shown below is how valuable the coin's metal is worth (bare minimum value of coin). Click here to see the Melt Value of every US coin.
MELT VALUE: $0.0682
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