What is the value of a 1834 one cent?

As of 12/2008, the most common variety of this coin retails for:

$21 in worn condition

$60 with moderate wear

$220 with only slight wear

However there is also a variety with a large "8" in the date that is worth 10 to 12 times as much; you'd need to have the coin inspected by a dealer to determine what you have.