1848 Braided Hair Cent. N-19. Rarity-6-. Proof-62 BN (PCGS). A lovely specimen that readily reveals its Proof qualities even upon casual observation. The rims are broad and squared off, and they frame surfaces that are fully defined over all design elements and appreciably reflective in the fields. The obverse exhibits vivid cobalt blue undertones to dominant mahogany-brown patina, the reverse with gold and powder blue backlighting autumn-brown. A bit muted overall to explain the lower numeric grade returned by PCGS, yet smooth in hand with no sizeable marks. The 1848 Proof cent issue is desirable and somewhat enigmatic, as are most U.S. Mint Proof issues of the era. Walter Breen listed 13 specimens known to him, but commented, "I have excellent reason to believe that this enumeration is far from complete." The experts at <em>PCGS CoinFacts</em> estimate "10-15 known," but this is likely conservative. Early copper specialist Denis Loring lists quite a few appearances, but there is likely a good bit of duplication as many are old appearances and plates often are not available or so poor as to make such pieces nearly impossible to match. This said, the actual number known is probably between two and three dozen. The present example is a significant find for the advanced early copper enthusiast or collector of pre-Civil War U.S. Mint Proof coinage.
