1935-S 1C, BN (Regular Strike)

The 1935-S Lincoln Wheat Cent, classified as "BN" for Brown, is a notable coin for numismatists due to its historical context and rarity in high-grade conditions. Struck at the San Francisco Mint, the 1935-S issue is part of the series honoring the 25th anniversary of the Lincoln cent. Its production was amidst the Great Depression, affecting both mintage numbers and the circulation of coins during this period. ### Mint and Mintage The 1935-S Lincoln Cent was minted in San Francisco, recognized for its "S" mint mark located beneath the date on the obverse. The total mintage for this issue was approximately 38,702,000, which is relatively moderate compared to other issues from the era, making it an appealing target for collectors focused on completing Lincoln Wheat Cent collections. ### PCGS Coin Facts: - **PCGS Number**: 2624 ### Rarity and Collectability The 1935-S Lincoln Cent is relatively common in lower grades, given the significant mintage. However, its scarcity increases dramatically in Mint State, particularly in higher grades such as MS66 and above, primarily because of fewer coins surviving in pristine condition due to the circulation demand and the handling difficulties during the Depression era. ### Market Value In circulated grades, the coin remains quite affordable, often fetching just a few dollars above face value. However, its value escalates sharply in uncirculated states. For instance, MS65 Red Brown examples have been sold in the range of several hundred dollars. Notably, MS67 Red specimens, which are exceedingly scarce, have been seen fetching up to several thousand dollars at premier auctions. ### Historical Sales - A PCGS MS66 Red Brown 1935-S recently fetched several hundred dollars at a renowned auction, highlighting the demand for high-grade coins from this era. - PCGS MS67 Red examples are rarities, with prices sometimes exceeding $10,000, reflecting their desirability and scarcity. ### Numismatic Significance For numismatists, the 1935-S Lincoln Wheat Cent presents both a challenge and an opportunity. The era's economic hardships influence its minting story, providing context and enhancing its allure. The coin's preservation in high grades is rare, and collectors place premium value on Red examples due to their vibrant luster and appeal. ### Collectors’ Tips Advice for collectors looking to add a 1935-S 1C BN to their collection would include focusing on well-struck examples with minimal contact marks, as these qualities significantly impact value. Pay attention to the coin's luster and color, particularly for the Brown designation, where the hue can vary and impact desirability. Overall, while the 1935-S 1C BN is accessible for most collectors in lower grades, those pursuing higher-grade specimens will find themselves in a competitive market, where quality and eye appeal command significant premiums.