2019-W 1C Shield, BN Lincoln Cent
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The 2019-W 1C Shield Penny holds significant allure for collectors, marking it as a modern rarity with historical significance. Its release was part of a celebratory issue from the West Point Mint, aimed at commemorating the 110th anniversary of the Lincoln cent. This was the first time the "W" mintmark appeared on a cent, enhancing its desirability among enthusiasts.
Mint and Mintage Details
Struck at the West Point Mint, the 2019-W 1C Shield Penny is a collectible gem. The mintage figures align with its limited yet impactful release, driving its rarity in today's market. According to PCGS Coin Facts, this coin has a mintage of precisely 312,050, a number that contributes to its collectible prestige. The PCGS certification number for this coin is 710802.
Features and Historical Context
The 2019-W 1C Proof features the Union Shield design on the reverse, a motif introduced in 2010, symbolizing the strength and unity of the United States. The obverse maintains the familiar portrait of Abraham Lincoln, sculpted by Victor David Brenner, with the notable addition of the "W" mintmark. As it was previously exclusive to bullion-related coins, the "W" mintmark on a cent was an unprecedented choice that generated significant interest.
Rarity and Market Value
In terms of rarity, the 2019-W 1C Proof is highly sought after, especially in uncirculated condition with its original packaging. Its novelty and limited production amplify its scarcity. The market has seen robust interest, with sales figures reflecting its collectible value. For instance, pristine examples have seen auction results exceeding typical face values, with some sales over $50, depending on the condition and additional certification states, as observed at auctions such as those by Stack's Bowers and Heritage Auctions.
Grading and Collector Appeal
The appeal of the 2019-W 1C Proof extends beyond its historical connotation; its grading plays a crucial role in its market performance. Coins graded as PR70 by PCGS exhibit flawless characteristics, fetching premium prices among discerning collectors. Lesser grades still command respect and recognition, reflecting the artistry and quality associated with the West Point Mint's craftsmanship. In summary, the 2019-W 1C Shield Penny represents a unique convergence of modern minting achievements, historical commemoration, and collector enthusiasm. Its West Point origin, coupled with a limited mintage and distinct "W" mintmark, establishes this coin as a significant addition to any numismatic collection. As interest continues to grow, its value and stature in the coin-collecting community remain robust, contributing to the ongoing allure of Lincoln cents.
