Lincoln Cents

	Lincoln 1909s VDB Price: $1,295.00 Year: 1909s VDB Grade: VF-20 Grader: Raw Quantity in Basket: none
	Lincoln 1909s VDB Price: $1,495.00 Year: 1909s VDB Grade: 55 Grader: NGC Quantity in Basket: none
	Lincoln 1909s VDB Price: $1,495.00 Year: 1909s VDB Grade: 61RB Grader: Raw Quantity in Basket: none
	Lincoln 1909s VDB Price: $2,050.00 Year: 1909s VDB Grade: 63 RB Grader: PCGS/CAC Quantity in Basket: none
	Lincoln 1909s VDB Price: $2,350.00 Year: 1909s VDB Grade: 64BN Grader: NGC/CAC Quantity in Basket: none
	Lincoln 1909 s/s Price: $795.00 Year: 1909 s/s Grade: 64RD Grader: PCGS Quantity in Basket: none
	Lincoln 1909 VDB Price: $595.00 Year: 1909 VDB Grade: 66RD Grader: NGC Quantity in Basket: none
	Lincoln 1910 Price: $1,695.00 Year: 1910 Grade: PR64 RB Grader: NGC Quantity in Basket: none
	Lincoln 1910 s Price: $325.00 Year: 1910 s Grade: 64RD Grader: PCGS Quantity in Basket: none
	Lincoln 1910 s Price: $2,950.00 Year: 1910 s Grade: 66RD Grader: NGC/CAC Quantity in Basket: none
	Lincoln 1914 Price: $2,850.00 Year: 1914 Grade: PR66RB Grader: NGC Quantity in Basket: none
	Lincoln 1917 DDO Price: $6,900.00 Year: 1917 DDO Grade: 65RB Grader: PCI Quantity in Basket: none
	Lincoln 1921 s Price: $696.00 Year: 1921 s Grade: 65BN Grader: NTC Quantity in Basket: none
	Lincoln 1921 s Price: $795.00 Year: 1921 s Grade: 65RB Grader: NTC Quantity in Basket: none
	Lincoln 1922 no D Mint Error Reverse Struck thru Price: $1,195.00 Year: 1922 no D Grade: 20 Grader: PCGS Quantity in Basket: none
	Lincoln 1922 no D Price: $1,495.00 Year: 1922 no D Grade: 35 Grader: ANACS Quantity in Basket: none
	Lincoln 1928 D Price: $395.00 Year: 1928D Grade: 65RB Grader: NGC/CAC Quantity in Basket: none
	Lincoln 1931 s Price: $525.00 Year: 1931s Grade: 65RD Grader: ANACS Quantity in Basket: none
	Lincoln 1931 s Price: $395.00 Year: 1931s Grade: 65RD Grader: PCI Quantity in Basket: none
	Lincoln 1936 Price: $225.00 Year: 1936 Grade: 67RD Grader: NGC Quantity in Basket: none
	Lincoln 1936 Price: $1,595.00 Year: 1936 Grade: PR65RD Type2 Grader: PCI Quantity in Basket: none
	Lincoln 1936 Price: $695.00 Year: 1936 Grade: PR64RD Type2 Grader: PCI Quantity in Basket: none
	Lincoln 1937 Price: $295.00 Year: 1937 Grade: PR65RD Grader: Raw Quantity in Basket: none
	Lincoln 1938 Price: $160.00 Year: 1938 Grade: PR64RD Grader: PCGS Quantity in Basket: none
	Lincoln 1938 Price: $125.00 Year: 1938 Grade: PR65RD Grader: NTC Quantity in Basket: none
	Lincoln 1939 Price: $175.00 Year: 1939 Grade: PR65RD Grader: Raw Quantity in Basket: none
	Lincoln 1942 Price: $90.00 Year: 1942 Grade: PR65RB Grader: NTC Quantity in Basket: none
	Lincoln 1942 s Price: $199.00 Year: 1942 s Grade: 67RD Grader: NGC Quantity in Basket: none
	Lincoln 1943 Stk on Silver dime Price: $4,900.00 Year: 1943 Stk on Silver dime Grade: 50 Grader: PCGS/CAC Quantity in Basket: none
	Lincoln 1943PDS Price: $365.00 Year: 1943PDS Set Grade: 67 Grader: PCGS Quantity in Basket: none
	Lincoln 1943 Price: $250.00 Year: 1943 Grade: 68 Grader: NTC Quantity in Basket: none
	Lincoln 1950 Price: $195.00 Year: 1950 Grade: PR66RDCameo Grader: Raw Quantity in Basket: none
	Lincoln 1950 Price: $99.00 Year: 1950 Grade: PR65RD Grader: Raw Quantity in Basket: none
	Lincoln 1970 s Small Date - PCGS 62RD Price: $55.00 Year: 1970 s Small Date Grade: 64 Grader: PCGS Quantity in Basket: none
	Lincoln 1970 s Small Date - PCGS 62RD Price: $65.00 Year: 1970 s Small Date Grade: 65 Grader: PCGS Quantity in Basket: none
	Lincoln 1983DD Price: $999.00 Year: 1983 DD Grade: 67RD Grader: NGC Quantity in Basket: none
	Lincoln 1995 Price: $90.00 Year: 1995 Grade: 67RD Grader: NGC Quantity in Basket: none
	Lincoln 1995 Price: $99.00 Year: 1995 Grade: 67RD Grader: PCGS Quantity in Basket: none

History of the Lincoln Cent

When the Lincoln one-cent coin made its initial appearance in 1909, it marked a radical departure from the accepted styling of United States coins, introducing as it did for the first time a portrait coin in the regular series. A strong feeling had prevailed against using portraits on our coins, but public sentiment stemming from the 100th anniversary celebration of Abraham Lincoln's birth proved stronger than the long-standing prejudice. The only person invited to participate in the formulation of the new design was Victor David Brenner. President Theodore Roosevelt was so impressed with the talents of this outstanding sculptor that Brenner was singled out by the President for the commission. The likeness of President Lincoln on the obverse of the coin is an adaptation of a plaque Brenner executed several years earlier which had come to the attention of President Roosevelt.

In addition to the prescribed elements on our coins -- LIBERTY and the date -- the motto In God We Trust appeared for the first time on a coin of this denomination. Of interest also is the fact that the Congress passed the Act of March 3, 1865, authorizing the use of this motto on our coins during Lincoln's tenure in office. A study of three models for the coin's reverse resulted in the approval of a very simple design bearing two wheatheads in memorial style. Between these, in the center of the coin, are the denomination and UNITED STATES OF AMERICA, while curving around the upper border is the national motto, E Pluribus Unum, which means "One out of Many."

Even though no legislation was required for the new design, approval of the Secretary of the Treasury was necessary to make the change. Franklin MacVeagh gave his approval on July 14, 1909, and not quite three weeks later, on August 2, 1909, the new coin was released to the public. The original model bore Brenner's name. Before the coins were issued, however, the initials "VDB" were substituted because officials at the United States Mint felt the name was too prominent. After the coin was released, many protested that even the initials were conspicuous and detracted from the design. Because the coin was in great demand, and due to the fact that to make a change would have required halting production, the decision was made to eliminate the initials entirely. They were restored in 1918, and are to be found in minute form on the rim, just under the shoulder of Lincoln. There are more one-cent coins produced than any other denomination, which makes the Lincoln cent a familiar item. In its life span, this coin has weathered two world conflicts, one of which changed it materially, because metals play a vital part in any war effort.

At the time of World War II, the one-cent coin was composed of 95 percent copper and 5 percent zinc. These metals were denied to the Mint for the duration of the war, making it necessary for the Mint to seek a substitute material. After much deliberation, even including consideration of plastics, zinc-coated steel was chosen as the best in a limited range of suitable materials. Production of the war-time cent was provided for in an Act of Congress approved on December 18, 1942, which also set as the expiration date of the authority December 31, 1946. Low-grade carbon steel formed the base of these coins, to which a zinc coating .005 inch thick was deposited on each side electrolytically as a rust preventative. The same size was maintained, but the weight was reduced from the standard 48 grains to 42 grains, due to the use of a lighter alloy. Production commenced on February 27, 1943, and by December 31, 1943, the three Mint facilities had produced 1,093,838,670 of the one-cent coins. The copper released for the war effort was enough to meet the combined needs of 2 cruisers, 2 destroyers, 1,243 flying fortresses, 120 field guns and 120 howitzers, or enough for 1.25 million shells for our big field guns.

On January 1, 1944, the Mint was able to adopt a modified alloy, the supply being derived from expended shell casing which when melted furnished a composition similar to the original, but with a faint trace of tin. The original weight of 48 grains was also restored. On February 12, 1959, a revised reverse design was introduced as part of the 150th anniversary of Lincoln's birth. No formal competition was held. Frank Gasparro, then Assistant Engraver at the Philadelphia Mint, prepared the winning entry, selected from a group of 23 models that the engraving staff at the Mint had been asked to present for consideration. Again, only the approval of the Secretary of the Treasury was necessary to make the change because the design had been in use for more than the required 25 years.

The imposing marble Lincoln Memorial provides the central motif, with the legends E Pluribus Unum and UNITED STATES OF AMERICA completing the design, together with the denomination. The initials "FG" appear on the right, near the shrubbery. The composition of the coin was changed again in 1962. Mint officials felt that deletion of the tin content would have no adverse effect on the wearing qualities of the coin, whereas, the manufacturing advantages to be gained with the alloy stabilized at 95 percent copper and 5 percent zinc would be of much benefit. Congressional authority for this modification is contained in an Act of Congress approved on September 5, 1962. In 1982, the coin's composition changed again to copper-plated zinc. These coins, which are still being produced today, contain 97.6 percent zinc and 2.4 percent copper. This coin is identical in size and appearance to the predominantly copper cent issued before 1982, but this modification saves the Government an estimated $25 million in metal costs every year.

Supplied by the US Treasury

Richard Hokanson Rare Coin Investments
P.O. Box 940, Southold, NY 11971
(631) 765-6464 | (631) 765-6466 Fax
info@hokanson-coins.com

Prices subject to market.