How much are my U.S. 1931-S with red surfaces penny worth?

About 1931-S RD Lincoln Cents - Wheat Reverse

To date, the 1931-S Lincoln cent is the last regular-issue, non-variety coin in the series that is categorically considered a key-date. The 1931-S boasts the second-lowest mintage in the series, and collectors of the time knew this coin was going to be a scarce issue. Therefore, many collectors hoarded large quantities of 1931-S Lincoln cents soon after they were minted. Even into the mid-1930s, collectors could purchase 1931-S Lincoln cents from the United States Mint for face value plus postage.

These coins were hoarded by collectors in groupings often consisting of uncirculated rolls and even bags, so it was relatively uncommon to find one in circulation. Still, many of the coins did get out and numismatic experts believe fewer than 100,000 exist today, the majority in circulated grades. Thankfully, enough of these coins were retained by collectors in uncirculated condition and many are available in all color designations through at least MS65. Availability drops off significantly in MS66 and better.

Coin Date: 1931-S
Denom: 1c / Cent
Desg: MS
Mint Mark: S
Mint Location: San Francisco
Mintage: 866,000
Coinage Type: Lincoln, Wheat reverse (Bronze)
Coinage Years: 1909-1958
Composition: 95% copper; 5% zinc & tin
Strike Type: Business
Diameter: 19 mm
Weight: 3.11 gr
Designer: Victor D. Brenner
Edge: Plain
PCGS #: 2620
NGC ID: 22D4

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About CDN Prices

All CDN prices are based on proprietary market knowledge and technology developed by CDN Publishing, LLC.

CPG® prices represent retail levels. Collectors should refer to CPG values as a starting place for their negotiations, or auction bid reference.

Greysheet/Greensheet prices are wholesale market levels for collectible coins/paper money intended to indicate what a dealer, or wholesale, buyer would pay for the described item in the specified grade. Greysheet/Greensheet represent "sight-seen" values based on a buyer's in-hand review. The actual value can be more or less than this depending on factors including eye appeal and market timing.

Bluesheet (NGC & PCGS) prices represent the highest sight-unseen offers to buy on dealer networks like CDN Exchange. In many cases, there are no active sight-unseen buy offers, so CDN looks to the recent lowest market values for such an item. For this reason, Bluesheet values typically represent the floor of the market for the specified item. CDN only tracks Bluesheet on certain items.

CAC prices are for U.S. coins that meet the standards of the Certified Acceptance Corporation. You can learn more about CAC on their web site.

Price movement is indicated for price changes in the last 30 days.

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