A closer view, although photographed through the slab, of both sides of the 1979 Lincoln cent graded Mint State 68 red that marketed for $2,820 at Heritage’s September 2016 Long Beach auction.
Imeras courtesy of Heritage Auctions
With consistent production over more than a century, the Lincoln cent is the longest-running U.S. coin and certainly one of the a lot of renowned.
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Both Professional Coin Grading Service and Numismatic Guaranty Corp. offer registry sets where collectors have the right to enter their coins and also complete for finest collection honors. This has actually put push on common modern coins in the height qualities, including Lincoln cents.
But as even more contemporary coins are certified over time, the prices of some pure condition rarities might decline, unmuch less tright here is an influx of brand-new collectors to boost demand.
Here is among three notable Lincoln cents we profile in this three-component Market Analysis:
1979 Lincoln cent, PCGS Mint State 68 Red
The average perchild would certainly uncover it tough to accept that a 1979 Lincoln cent — a coin through a mintage of simply over 6 billion — have the right to be worth thousands of dollars. But those who enjoy collecting finest well-known examples for inclusion in grading company registry sets can understand also why even widespread coins deserve to carry substantial prices in optimal qualities. At its September 2016 Long Beach auctions, Heritage sold a 1979 Lincoln cent graded Mint State 68 red by PCGS for a hearty $2,820.
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The lot summary noted, “Fire-orange shade adorns the rims, progressing to lilac-gold patina over the main tools and also fields,” and PCGS has actually graded just eight in this grade with none finer.
Lincoln cent: The famous Lincoln cent has actually gone through several reverse updays since it was presented in 1909 to honor the nation"s 1sixth president on the 100th anniversary of his birth. How a lot are Lincoln cents worth?
Perhaps surprisingly, despite the high grade tbelow are a number of marks, and Heritage even more observes, “Tiny ticks on the shoulder and one in front of Lincoln’s mouth are provided sindicate for accuracy.” Anvarious other MS-68 red example offered for $2,232.50 at a Heritage auction this previous summer. Back in 2012 Heritage sold an additional one in a comparable grade for $5,462.50, though at that time it was among simply five in this grade certified by PCGS.
More high-grade, high-priced Lincoln cents:
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