1928-S 1C, BN (Regular Strike)

The 1928-S Lincoln Wheat Cent, BN (Brown), is a coin that holds a notable place in numismatic history, both in terms of its historical background and as a collectible due to its unique attributes regarding rarity and the particularities of its minting process. **Mint and Mintage** The 1928-S Lincoln Cent was struck at the San Francisco Mint, recognizable by the "S" mintmark. According to PCGS CoinFacts, its mintage figures stand at 17,266,000, which, although large by certain standards, renders it significant when compared to other Wheat Cents, especially those minted in the earlier part of the 20th century. The PCGS coin number for this specific variant is 2594. **Historical Context and Collector Interest** This Lincoln Wheat Cent was produced during a time of burgeoning economic difficulties leading to the Great Depression. As such, coins from this era often carry historical significance, reflecting the economic conditions of the time. The coins minted in San Francisco, particularly in the late 1920s, are often regarded for their lower production quality, attributed to worn dies and other striking imperfections commonly found in this era across mint products. Numismatists recognize the 1928-S as an intriguing specimen due to these variances, making high-grade specimens particularly sought after. The challenge of finding well-struck, high-quality pieces makes it a target for collectors aiming to complete a comprehensive Lincoln Wheat Cent collection. **Rarity and Value** In terms of rarity, the 1928-S is considered moderately scarce in higher grades. Circulated examples are relatively plentiful, but ones in Mint State, especially with the original brown coloration preserved, are far less common. This scarcity elevates the coin’s desirability significantly in Mint State condition. Values for this coin have varied over time, reflecting changes in the market and collector demand. For instance, a PCGS graded MS66 RB (Red-Brown) might fetch a premium due to its exceptional preservation and eye appeal. Prices realized for certain high-grade examples include significant figures at auctions, demonstrating its underlying value. As of a past auction record, a top-condition 1928-S 1C, BN, commanded prices well into the thousands, cementing its position as a key date for enthusiasts and investors alike. **Conclusion from a Numismatic Perspective** From a numismatist’s viewpoint, the allure of the 1928-S Lincoln Cent lies not only in its historical emanations but also in the depth of its collectible intrigue. The combination of its mintage conditions, lesser frequency in superior grades, and the economic story it tells, all contribute to its lasting appeal. Collectors are continually on the lookout for this coin to enhance their wheat cent runs, often marveling at how a simple one-cent piece can encapsulate the complexities of historical eras, mint processes, and the enduring quest for rarity.
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