1871 Prince Edward Island One Cent Coin Value Guide

The 1871 Prince Edward Island One Cent is a landmark numismatic piece, representing the only decimal coin ever issued by the colony before joining the Canadian Confederation in 1873. Struck at the Heaton Mint, it is highly sought after for its unique reverse imagery of a large oak tree sheltering three saplings, symbolizing the island's connection to Great Britain.

What Is 1871 Prince Edward Island One Cent Coin Worth?

The typical price range for 1871 Prince Edward Island One Cent Coin is $15 - $25 based on recent sales. However, values can vary depending on the item's condition, rarity, and other factors such as:

• Surface preservation is critical, as coins with original red luster command significantly higher prices than those with brown toning.
• The presence of wear on the high points of Queen Victoria's coronet and the leaves of the oak tree heavily dictates the technical grade.
• Market demand for 'One-Year Type' coins increases value, as this was the only year of issue for this specific colonial currency.
• Environmental damage, such as corrosion or heavy scratching, can reduce the value below the standard $15-$25 range.

How to Identify 1871 Prince Edward Island One Cent Coin?

• Look for the 'H' mint mark below the ribbon on the reverse, indicating production at the Heaton Mint in Birmingham.
• Verify the obverse features the coroneted portrait of Queen Victoria facing left, surrounded by the legend 'VICTORIA QUEEN'.
• Check the reverse for the Latin motto 'PARVA SUB INGENTI', which translates to 'The small under the protection of the great'.
• Confirm the material is a copper-bronze alloy with a weight of approximately 5.67 grams and a diameter of 25.4 mm.

History of 1871 Prince Edward Island One Cent Coin

This was the only decimal coin ever issued by the colony of Prince Edward Island before it joined the Canadian Confederation in 1873. Struck at the Heaton Mint in Birmingham, England, it features a unique reverse design depicting an oak tree and saplings, symbolizing the island's relationship with Britain.