1914 1C, BN (Proof)
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The 1914 1C BN (Proof Lincoln Wheat Cent) is a highly sought-after coin among numismatists due to its rarity and historical significance. Struck at the Philadelphia Mint, this coin represents an early 20th-century effort to produce premium proof coins for collectors. With a remarkably low mintage of only 1,365 coins, this coin is a standout within its series. The PCGS (Professional Coin Grading Service) identifies it with the specific number 3311.
### Numismatic Significance and Historical Background
In the broader context of numismatics, the 1914 Proof Lincoln Wheat Cent is appreciated for its exquisite artistic details and the precise craftsmanship of its time. Introduced in 1909 to honor the centenary of Abraham Lincoln's birth, the Lincoln Wheat Cent series was designed by Victor David Brenner. Brenner's portrayal of Lincoln marked the first instance of a U.S. president featured prominently on a circulating coin. The transition from Indian Head Cents to Lincoln Cents also reflected the changing aesthetic and cultural sentiments of early 20th-century America.
The 1914 version, one of the series' earlier proofs, is a testament to the evolving minting techniques. The "BN" designation signifies that the coin has a brown patina, a natural toning process for copper coins that collectors often find desirable, accentuating its age and uniqueness.
### Market Value and Recent Sales
Given its limited mintage, the 1914 Proof Lincoln Cent commands significant interest and high prices in the marketplace. Prices can vary widely based on the coin's condition, often graded on the Sheldon scale from Proof-60 to Proof-70. PCGS-graded examples in higher condition regularly achieve impressive values at auctions and sales. In recent years, a Proof 66 BN might fetch between $3,000 and $5,000, though specific auctions have seen proofs in exceptional condition sell for even more.
### Auction Insights
Though specific sales figures should not be directly ascribed to major auction houses, notable auction events have demonstrated the coin's value to collectors worldwide. Sales leaders in the numismatic sector frequently see record-setting prices for these early 20th-century proofs, which underscores both the enduring appeal and the financial potential of the 1914 Lincoln Cent as a collector's item.
### Collecting the 1914 1C BN (Proof)
For collectors seeking to add this coin to their collection, considerations extend beyond mere investment. Factors such as eye appeal, strike quality, and overall preservation play critical roles in determining desirability and market value. Collectors often utilize resources such as coin facts and historical pricing data to make informed purchasing decisions, ensuring that each piece added to their collection meets both personal and financial criteria.
The 1914 Proof Lincoln Wheat Cent remains a classic entry into numismatic history, offering both a glimpse into early 20th-century minting excellence and an opportunity for considerable pride in ownership. Its rarity and aesthetic appeal, coupled with a rich historical backdrop, make it a quintessential piece for any serious collector.