1950 (S) Lincoln Wheat Cent

Coin Details

Auction Record

$3,280 NGC Genuine 11-22-2020 eBay

Description

The 1950 (S) Lincoln Wheat Cent was struck at the San Francisco Mint as a cent in the Lincoln Wheat Cents 1909-1958 series. The U.S. Mint produced 118.5 million examples, making this the lowest mintage among 3 mint variants, representing only 16% 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. San Francisco's storied mint, born of the California Gold Rush, has evolved into the primary producer of U.S. proof coins. Estimated market value ranges from $0 to $3 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 #2783.