2007 1C, BN (Regular Strike)

The 2007 1C, BN (Regular Strike) is an intriguing piece for collectors, offering both historical significance and widespread availability due to its abundant mintage. Struck at the Philadelphia Mint, this penny belongs to the Lincoln cent series, initially launched in 1909 to commemorate the 100th anniversary of President Abraham Lincoln's birth. These cents have been iconic due to their enduring design and cultural ties. ### Mintage and Rarity The 2007 Lincoln cent saw substantial production numbers, with a total mintage of approximately 3.6 billion coins from the Philadelphia Mint. Because of such high mintage, these coins are common in circulation. However, the BN (Brown) designation in the PCGS grading system denotes a coin that has changed from its original red tint due to oxidation over time, which could add a distinct appeal among collectors seeking different varieties. ### Value and Market Trends As a modern coin with high production numbers, the value of the 2007 1C, BN (Regular Strike) remains modest unless found in high-grade conditions. Coins in circulation are typically valued at face value or slightly above for unique characteristics. However, in recent years, numismatic markets have seen examples of this particular year fetching premium prices in mint condition with high grades. Rarely, a MS67 Brown, for instance, could command a higher price in the marketplace. ### Notable Sales While most 2007 1C, BN (Regular Strike) coins do not reach auction due to their availability, specific high-grade examples and those with certain eye appeal or errors have shown movement across auction platforms. Coins graded by PCGS as MS66 or MS67 have been sold for prices ranging from $20 to potentially several hundred dollars if possessing notable striking errors or exceptional toning. ### Numismatic Insight From a numismatist's perspective, the 2007 Lincoln cent is a fine example of the economical efficiency within the U.S. Mint. The prolific mintage allowed facilitated circulation, yet the allure persists among Hobbyists collecting varieties, seeking to complete year sets or assembling registry sets focused on grade and aesthetic quality. Fortunately, the design of the Lincoln cent, including designer designs by Victor David Brenner, maintains its stature and appeal, drawing collectors both from nostalgia and historical appreciation. ### PCGS and Coin Facts According to PCGS Coin Facts, coins graded as part of their comprehensive registry sets are distinguished by various color classifications: RD (Red), RB (Red Brown), and BN (Brown). The 2007 1C, BN is particularly noted for those who collect by hue. The PCGS #3054, linked to this specific variant, serves as a critical identifier for collectors aiming to acquire through auctions or private sales. Coins with remarkable coloring or errors may appear on the market; collectors are advised to watch these nuances closely if investing. For collectors seeking to complete modern Lincoln cent collections, the 2007 1C, BN (Regular Strike) offers an engaging yet accessible opportunity. While it's not a rare coin by circulation standards, its value lies in the potential high-grade quality and distinctive features that are undoubtedly an attractive proposition for dedicated numismatists.