The 1858 Canadian Penny, also known as the large cent was the first of the young Queen Victoria coins issued for the country of Canada. Prior to this issuance each province of Canada had its own currency. This coin was the one to standardize the monetary system if you will.
What are 1858 Canadian Large Cents worth? Average values for the Large Cent Queen Victoria Penny issued in 1858 vary from location to location but on average you can expect to see this coins listed price to be around $15.00 in poor condition and $1000.00 in a mint state. However, if you are selling to a dealer you can expect to get a reduced rate of between $11.25-$750 as dealers have to make some sort of profit.
- Year: 1858
- Type: Large Cent Queen Victoria Penny
- Private Party Value: $15.00-$1000.00+
- Dealer Price: $11.25-$750+
- Face Value: 0.01 CAD
- Produced: 421,000
- Shape: Round
About: This coin was large and cumbersome and not very well received by the Canadian public. While this is the narrative often told, it may be that the general public didnt like the idea of being forced to use a central currency.
Obverse (front)
Latin inscription, "VICTORIA DEI GRATIA REGINA. CANADA", which means Victoria, Queen by the Grace of God. Young Queen Victoria with laurel wreath in her hair.
Reverse (back)
ONCE CENT and the Date in a circle located center. 16 total maple leaves wind their way around the outermost circle.
Designer: Leonard Charles Wyon (Obverse), Leonard Charles Wyon (Reverse)
History Repeats Itself
A well known and popular saying for a good reason. One of the best predictors of a coin's value is its historic sales. Here are a few sales records for the 1858 Canadian Large Cent. This may better give you an idea what your coin is worth.
Sales Date | Coin | Grade | Price |
---|---|---|---|
2024-04-20 | 1858 Canadian Large Cent | VF | $91 (eBay) |
2024-02-24 | 1858 Canadian Large Cent | F15 | $70 (Stacks Bowers) |
2023-05-18 | 1858 Canadian Large Cent | AU | $210 (Heritage) |
2010-08-16 | 1858 Canadian Large Cent | AU53 | $230 (Heritage) |
2023-11-02 | 1858 Canadian Large Cent | AU53 | $312 (Stacks Bowers) |
2021-08-16 | 1858 Canadian Large Cent | MS62 | $372 (Heritage) |
2012-01-11 | 1858 Canadian Large Cent | MS63 BN | $1,093 (Heritage) |
2010-01-04 | 1858 Canadian Large Cent | MS64 RB | $1,840 (Heritage) |
2010-04-15 | 1858 Canadian Large Cent | MS64 RB | $2,070 (Heritage) |
2008-05-30 | 1858 Canadian Large Cent | MS64 RB | $2,185 (Heritage) |
Sales Date | Coin | Grade | Price |
Variations and Errors
With limited production numbers there are less known errors.
Die cracks and clashes are the primary types of errors.
Where is the mint mark located? If the coin in question has a mint mark it will be at the bottom center of the reverse. Look for an H which stands for Heaton Mint located in Birmingham England.
Important Dates:
1858,1876-H,1884,1891,1894,1908 C are rare semi-key, key, and general dates of interest to collectors.
The 1882 H Canadian Large Cent featuring Queen Victoria represents the first bit of consistency as it was the first time that the Heaton Mint in Birmingham England produces these coins 2 straight consecutive years. Before 1882 the minting was spotty at best.
The 1858 Canadian Penny, also known as the large cent was the first of the young Queen Victoria coins issued for the country of Canada. Prior to this issuance each province of Canada had its own currency. This coin was the one to standardize the monetary system if you will.
Until the 1876 H Large Cent was minted at the Heaton (H) mint, a standardized cent for Canada had not been in use for 17 years. Because of this the 1876 H Canadian penny is considered a key date in Canadian coinage history.
In 1890 the H for Heaton mint was again present on the reverse bottom center.
The 1892 Canadian Large Cent (Penny) is a rather low mintage year coin with just over 1 million minted by the Royal Mint of England. There are 3 standard obverse coins, and a single reverse type to be aware of. Read more to find out all about this coin.