Patterns and Trial
1850 J-121 1C PF
Description & Analysis
Judd-121, Pollock-136, High R.6.
Struck on an annular (ring) planchet. The obverse has USA above and ONE TENTH SILVER below the opening. On the reverse two stars flank the central opening, with CENT above and 1850 below. Struck in copper with a plain edge.
As early as 1850 Mint officials undertook to replace the large coppers in circulation with something smaller, yet still containing an acceptable margin--acceptable both to the government and to consumers--of intrinsic value. A series of annular or ring-shaped coins, composed of billon, an alloy of 90% copper and 10% silver, neatly suited both the desire for a larger copper cent than would otherwise be possible, along with a coin that was larger than it would otherwise be. Other strikings were produced in copper and copper-nickel.
Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.