1919-S 1C, Lincoln Cent
The 1919-S Lincoln Cent, categorized as "1C, BN" for its brown coloring, is a notable coin for collectors due to its historical significance and varying level of rarity. Struck at the San Francisco Mint, this coin is part of the illustrious Lincoln Cent series that began in 1909, which has always been a popular series among numismatists.
Mint and Mintage
The 1919-S Lincoln cent had a mintage of approximately 139,760,000 coins, which is significantly high for its time. Despite this large mintage, the coin's condition, particularly at higher grades, makes it a collectible piece. Over time, many of these coins have suffered wear and damage, making well-preserved examples considerably rarer.
Rarity and Collectibility
The 1919-S 1C, BN is particularly desirable in higher grades such as MS-65 and above, but most coins found today are in lower circulated grades. Finding this coin with a well-defined strike and minimal marks can prove challenging, thus enhancing its appeal to collectors. Coins retaining their original mint luster or having unique tonal qualities can fetch premium prices.
Value and Historical Sales
The value of a 1919-S Lincoln cent can vary significantly based on its grade and condition. Coins in well-preserved or certified conditions can reach substantial values at auctions. For instance, specimens that achieve a grade of MS-65 or higher from PCGS (Professional Coin Grading Service) are particularly valuable. Prices for these coins have been known to reach several hundred dollars, with some exceptional examples fetching prices in the thousands during recent auctions.
Historical Context and Popularity
From a numismatist's perspective, the 1919-S Lincoln Cent offers insight into early 20th-century minting practices and economic conditions. The coin's production was part of a nationwide effort to produce sufficient currency following World War I, during a time of great economic change and modernization in America. Collectors are often attracted to the coin for its rich history and the story it tells beyond its face value.
PCGS Coin Facts Data
According to PCGS CoinFacts, the specific PCGS # 2519 for the 1919-S Lincoln cent is an essential reference for collectors when identifying and assessing the coin's market value. This numerical designation helps ensure authenticity and aids in evaluating the coin's rarity relative to other issues within the series.
Grading and Market Trends
Coins graded by PCGS, NGC, and other recognized grading services are highly sought after, providing assurance of the coin's authenticity and condition. The 1919-S Lincoln Cent sees continuous demand, with pace and price fluctuations reflecting broader trends in numismatics and market interest. Collectors often seek these coins at auctions, where carefully preserved coins can exceed expected valuations, highlighting their continued relevance and desirability in the coin collecting community. In conclusion, the 1919-S Lincoln Cent stands as a significant piece within the Lincoln series. Its wide circulation, historical significance, and varying conditions make it a fascinating study for collectors, from novice enthusiasts to seasoned numismatists, rendering it an enduring point of interest in American numismatic history.
