1949 (S) Lincoln Wheat Cent

Coin Details

Auction Record

$134 MS67BN 12-21-2021 eBay

Description

The 1949 (S) Lincoln Wheat Cent, struck at the San Francisco Mint, is part of the Lincoln Wheat Cents 1909-1958 collection. The U.S. Mint produced 64.3 million examples, making this the lowest mintage among 3 mint variants, representing only 15% of total production. The obverse features Abraham Lincoln facing right, the first real person depicted on a U.S. circulating coin and the reverse displays two wheat stalks framing ONE CENT, symbolizing American agriculture. Minted during the post-war economic boom, the final era of silver circulating coinage in the United States before the Coinage Act of 1965. Coined at the San Francisco Mint, which transitioned from Gold Rush-era production to its modern role producing proof and collector issues. Estimated market value ranges from $0 to $5 depending on grade and condition. Struck in 95% copper, 5% tin and zinc, weighing 3.11 grams, 19 mm in diameter, with a plain edge. Cataloged as PCGS #2774.