The Flying Eagle penny is the first small cent minted for circulation. Previously, one cent coins were larger than a quarter and made of copper. But as the value of the penny went down, the large cent became less and less popular, in flew the small-size Flying Eagle to replace the large cent!
These coins were first struck as a pattern coin in 1856, and it’s estimated about 1,800 coins were struck with the 1856 date. It’s possible that some of these were struck later as presentation pieces, rather than actually being struck in 1856.
The Flying Eagle cent was designed by Chief Engraver James B. Longacre, and the obverse of the coin (the front side with the flying eagle) was based off of the Gobrecht dollar.
The reverse of the coin features an agricultural wreath made up of wheat, corn, cotton, and tobacco; all major exports of both the north and the south at the time.
Unfortunately, the coins did not strike well and were only struck for two years before they were replaced by the Indian Head cent in 1859.
The 5 Most Valuable Flying Eagle Pennies (cents)
These numbers are based on coins in MS60 Condition or better.
- 1856: $18,000 – $24,000
- 1858 8 Over 7: $3,500 – $10,500
- 1857: $400 – $1,000
- 1858 Large Letters: $400 – $1,000
- 1858 Small Letters: $400 – $1,000
Flying Eagle Pennies Prices
Remember, these prices are estimates. Prices can fluctuate significantly. We will do our best to keep these as updated as possible.
| DATE | G-VG | F-VF | EF-AU | MS60-62 | PROOF |
|---|---|---|---|---|---|
| 1856 | $7500-$8300 | 10,000-13,000 | 14,000-16,000 | 18,000-24,000 | $20,000 |
| 1857 | $30-$40 | $50-$60 | $160-$220 | $400-$1000 | $9000 |
| 1858 Large Letters | $30-$40 | $50-$65 | $160-$220 | $400-$1000 | $9000 |
| 1858 Small Letters | $30-$40 | $50-$65 | $160-$220 | $400-$1000 | $9000 |
| 1858/7 | $80-$100 | $200-$400 | $900-$1600 | $3500-10,500 | — |
These are estimates based on dealer and PCGS price history and are meant to be a rough guide.
Actual exact prices for coins will fluctuate based on different factors.
