1948 (S) Lincoln Wheat Cent

Coin Details

Auction Record

$72 MS66BN 05-23-2020 eBay

Description

The 1948 (S) Lincoln Wheat Cent is a cent from the San Francisco Mint, belonging to the Lincoln Wheat Cents 1909-1958 series. The U.S. Mint produced 81.7 million examples, making this the lowest mintage among 3 mint variants, representing only 14% of total production. The obverse features Abraham Lincoln facing right, the first real person depicted on a U.S. circulating coin and the reverse displays two wheat stalks framing ONE CENT, symbolizing American agriculture. Minted during the post-war economic boom, the final era of silver circulating coinage in the United States before the Coinage Act of 1965. The San Francisco Mint, a Gold Rush-era institution, now specializes in proof and collector coinage. Estimated market value ranges from $0 to $4 depending on grade and condition. Struck in 95% copper, 5% tin and zinc, weighing 3.11 grams, 19 mm in diameter, with a plain edge. Cataloged as PCGS #2765.