1917-S 1C, BN (Regular Strike)
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The 1917-S Lincoln Cent, often sought after by collectors, falls within the Wheat Penny series, made prominent due to its historical appeal and varying potential value based on condition and grade. Struck in San Francisco, the 1917-S penny carries a specific intrigue due largely to its moderate mintage and the challenges of finding it in high grades today.
### Mintage and Mint Information
The 1917-S Lincoln Cent was minted at the San Francisco Mint, known for producing coins with distinct mint marks for collectors to identify. According to the data, only 32,620,000 of these cents were minted. This mintage number, while not exceedingly low, is moderate when considered alongside other years and mint marks within the Lincoln Wheat Cent series.
### Rarity and Collectibility
The 1917-S Lincoln Cent is particularly noted for its rarity in higher grades. Most of the coins minted during this period entered circulation, leading to a scarcity of examples in Mint State (MS) condition. Although acquiring this coin in circulated grades is relatively easy for collectors today, finding one in pristine condition presents more of a challenge. This factor significantly increases its desirability and value among numismatists.
### PCGS Classification
PCGS, renowned for its reliable grading system, identifies the 1917-S Lincoln Cent under the number 2474. Collectors often seek coins authenticated by PCGS due to their rigorous grading standards, which ensure an accurate representation of a coin's quality and state of preservation.
### Market Value and Sales
The value of a 1917-S Lincoln Cent is highly dependent on its condition. In recent years, auction houses have seen significant interest in this coin. For instance, one coin in an MS66 grade fetched a substantial sum during an auction, showcasing the coin's increasing value potential as the condition improves. Typical valuations vary, but circulated examples can range from a few dollars to several hundred dollars, while mint-state examples can soar into the thousands.
### Historical Context
From a historical vantage point, the 1917-S Lincoln Cent epitomizes a time when the American economy and society were undergoing significant changes post-World War I. The Wheat Penny series itself marked the centennial of Abraham Lincoln's birth, hence its collectible allure and representation as a tribute to an iconic figure in U.S. history. This period's coins also reflect an era of bustling mint activity as the demand for currency grew alongside the nation’s economic expansion.
### Numismatic Insights
Collectors often enjoy the pursuit of the 1917-S penny due to its historical significance and the challenges associated with acquiring well-preserved examples. Its appeal is further enhanced by slight variances and imperfections found in the minting process of the time, such as die cracks and variations, which add to each coin's unique story. Tracking the performance and preference shifts for the 1917-S penny offers insights into broader numismatic trends, making it an exciting subject for collectors and historians alike.