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1936 1c Satin Finish PR BN

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1936 1c Satin Finish PR BN

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Greysheet Catalog Details (GSID: 2497)

The 1936 Cent is part of a series of Lincoln obverse, Wheat reverse coins struck from 1909-1958. The specific variety is Satin Finish. Struck in Philadelphia and designated as a Proof (PR) strike, this coin is made of 95% copper; 5% tin & zinc from a mintage of 5,569 struck.
The first regular-issue proof Lincoln cents in 20 years, the 1936 satin proofs bear a similar resemblance to the matte proofs that preceded this piece a generation earlier. However, collectors of the 1930s weren't particularly fond of the satin finish, which bears little difference in outward appearance from nice uncirculated business-strikes. Officials at the US Mint paid heed to the numismatic outcry and produced 1936 pennies with brilliant finishes, leaving the satin proofs as the rarer of the two types. Given a relatively low survival rate of perhaps 500 to 600 pieces, many of these satin-finish proofs were presumably spent as money.
Obverse: Bust of Abraham Lincoln framed by IN GOD WE TRUST on the top periphery. The word LIBERTY to the left of the portait and the date postioned on the right side.
Reverse: Wheat ears flanking the words ONE CENT, UNITED STATES OF AMERICA. The motto E PLURIBUS UNUM on the top perimeter.

Catalog Details    Dealers Only

Catalog Detail

GSID: 2497
Coin Date: 1936
Denomination: 1c / Cent
Designation: PR
Mint Mark: P
Mint Location: Philadelphia
Mintage: 5,569
Coinage Type: Lincoln obverse, Wheat reverse
Coinage Years: 1909-1958
Composition: 95% copper; 5% tin & zinc
Variety: Satin Finish
Strike Type: Proof
Diameter: 19 mm
Weight: 3.11 gr
Coin Shape: Round
Designer: Victor D. Brenner
Obverse Lettering: IN GOD WE TRUST, LIBERTY, 1936
Obverse Designer: Victor D. Brenner
Reverse Lettering: E PLURIBUS UNUM, ONE CENT, UNITED STATES OF AMERICA
Reverse Designer: Victor D. Brenner
PCGS #: 3330
NGC ID: 22L2
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