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1858/7 1c Flying Eagle, LL, Strong Overdate MS

Greysheet & CPG® Values
1858/7 1c Flying Eagle, LL, Strong Overdate MS
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Flying eagle cents were only issued for 3 years and remain popular in most any grade.

Obverse Description

An eagle with wings extended in full flight fills the central obverse design with the words UNITED STATES OF AMERICA around the top periphery. The date is centered at the bottom.

Reverse Description

The reverse bears the denomination of ONE CENT in the center surrounded by a wreath bearing a ribbon tied in at the bottom center.

Book Reference

1858, 8 Over 7, Cent Production: This very popular variety was created when a leftover 1857 obverse die was repunched with an 1858 date. Apparently some perfectly usable dies were available at the end of the year and, rather than be discarded, their dates were repunched with the 1858 date. Sometime in the middle of the striking run, the obverse die was taken out and resurfaced, removing evidence of the overdate. These later-die-state pieces are passed over by knowledgeable collectors and may sell only at a slight premium.

The die has some interesting attributes that can make identification easier. There is a remnant of a numeral 1 punched in the field directly between the date and the eagle. This looks like a small triangular dot. This die also has what is called a broken wing tip on the eagle’s right wing. This broken wing tip is found on a number of other 1857 dies as well, so this is a design deviation, called a hub variety, and is not unique to the 1858, 8 Over 7 die. Versions of the 8 Over 7 are listed in most major guides, including the Red Book. The Strong Overdate variety is called the 1858 LL Snow-1, or simply 1858 S-1. The Weak Overdate variety is called Snow-7.

Survivability: These were released into circulation as normal 1858 Large Letters cents and circulated with all the other cents. There was no collector knowledge of the variety at the time and all that have survived today have done so mainly by chance. Perhaps only 2,000 pieces exist in all grades. Of these, perhaps only 300 or so would qualify as early-die-state pieces with the overdate showing clearly.

Collecting Challenges: If paying full price, it is important that you select early-die-state coins with the 7 clearly showing. Certification does not guarantee an early-die-state coin. Because of its rarity in high grades, collectors must sacrifice quality, or face missing out on acquiring an example.

Nearly all examples are struck with the dies skewed, or out of parallel alignment. This causes the area by the eagle’s tail and the opposing area of the wreath (upper left reverse) to be very weakly struck.

Collecting Circulated Pieces: The optimal collecting grade for circulated coins is VF-20. Low-grade examples may still be found unattributed as overdates. If paying full price, a collector should select an example with significant detail remaining. Late-diestate pieces without the 7 showing should be avoided unless the premium is very small.

Collecting Mint State Pieces: The optimal collecting grade for Mint State coins is an early-die-state example in MS-63. Fewer than 100 Mint State pieces are known to exist. Of these, perhaps 35 or so would qualify as early-die-state pieces. The strength of the overdate feature is very important. The earliest die states have the overdate very bold. These are now denoted as “Strong” on PCGS holders. Later, the dies were ground down and the overdate feature fades to almost nothing. These are denoted as “Weak” by PCGS. Other grading services may denote them as Early Die State (EDS) and Late Die State (LDS). Many may not be designated at all. In this case you should critically inspect the coin and determine which it is. The “Strong” designated coins will bring much stronger prices in the marketplace. Those designated “Weak” or those on which the overdate cannot be easily seen should get only a small premium over the regular non-overdate examples.

All examples show slight to strong weakness on the eagle’s tail and the opposing area on the reverse, the wreath at the upper-right quadrant. This is due to the die being slightly skewed. This weakness should be overlooked as it is an unavoidable problem.

Catalog Information

GSID: 15322
Designer: James B. Longacre
Obverse Designer: James B. Longacre
Obverse Lettering: UNITED STATES OF AMERICA, 1858
Reverse Designer: James B. Longacre
Reverse Lettering: ONE CENT
Weight (gr): 4.67 gr
Weight (oz): 0.165 oz
Strike Type: Business
Diameter: 19
Coin Shape: Round
Edge: Plain
Variety: Flying Eagle, LL, Strong Overdate
Coin Date: 1858/7
Denomination: 1c
Designation: MS
Mint Location: Philadelphia
Mintage: 24,600,000
Coinage Type: Flying Eagle Cent
Coinage Years: 1856-1858
Composition: 0.880 Copper; 0.120 Nickel
PCGS #: 2022
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Coin Value History
1858/7 1c Flying Eagle, LL, Strong Overdate MS
Value By Grade
1858/7 1c Flying Eagle, LL, Strong Overdate MS
CPG (retail) values
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Values

Greysheet & CPG® Values
GSID:15322 PCGS:2022 Shop related

Values

Greysheet & CPG® Values
Greysheet & CPG® Values by grade for 1858/7 1c Flying Eagle, LL, Strong Overdate MS
Grade CAC CPG Value (Retail) Greysheet Price (Wholesale)
MS66 CAC $180,000 $1,234
MS66 - $150,000 $1,234
MS65 CAC $1,234 $1,234
MS65 - $1,234 $1,234
MS64 CAC $1,234 $1,234
MS64 - $1,234 $1,234
MS63 CAC $1,234 $1,234
MS63 - $1,234 $1,234
MS62 CAC $1,234 $1,234
MS62 - $1,234 $1,234
MS61 CAC $1,234 $1,234
MS61 - $1,234 $1,234
MS60 CAC $1,234 $1,234
MS60 - $1,234 $1,234
AU58 CAC $1,234 $1,234
AU58 - $1,234 $1,234
AU55 CAC $1,234 $1,234
AU55 - $1,234 $1,234
AU53 CAC $1,234 $1,234
AU53 - $1,234 $1,234
AU50 CAC $1,234 $1,234
AU50 - $1,234 $1,234
XF45 CAC $1,234 $1,234
XF45 - $1,234 $1,234
XF40 CAC $1,234 $1,234
XF40 - $1,234 $1,234
VF35 CAC $1,234 $1,234
VF35 - $1,234 $1,234
VF30 CAC $1,234 $1,234
VF30 - $1,234 $1,234
VF25 CAC $1,234 $1,234
VF25 - $1,234 $1,234
VF20 CAC $1,234 $1,234
VF20 - $1,234 $1,234
F15 CAC $1,234 $1,234
F15 - $1,234 $1,234
F12 CAC $1,234 $1,234
F12 - $1,234 $1,234
VG10 CAC $1,234 $1,234
VG10 - $1,234 $1,234
VG8 CAC $1,234 $1,234
VG8 - $1,234 $1,234
G6 CAC $1,234 $1,234
G6 - $1,234 $1,234
G4 CAC $1,234 $1,234
G4 - $1,234 $1,234
AG3 CAC $1,234 $1,234
AG3 - $1,234 $1,234

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