1979 (S) Lincoln Memorial Cent - Proof Type 1

Coin Details

Auction Record

$10,925 PR70 03-20-2003 Heritage Auctions

Description

The 1979 (S) Lincoln Memorial Cent - Proof Type 1 is a proof cent struck at the San Francisco Mint, part of the Lincoln Memorial Cents 1959-2008 series. With a mintage of 3.7 million, this is an extremely rare issue — the lower-mintage of the two mint variants. The obverse features Abraham Lincoln facing right and the reverse displays the Lincoln Memorial building in Washington, D.C.. Struck after the transition from silver to clad coinage, as the Mint adapted to modern production methods and record-breaking mintages. As a proof issue, this coin was struck multiple times on specially prepared polished planchets using polished dies, producing mirror-like fields and frosted design elements prized by collectors. Struck at the San Francisco Mint, established during the California Gold Rush and now primarily producing proof and collector coins. Estimated market value is approximately $7. Struck in 95% copper, 5% zinc, weighing 3.11 grams, 19 mm in diameter, with a plain edge. Cataloged as PCGS #93458.