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Greysheet Catalog Details (GSID: 2538)

The 1950 Cent is part of a series of Lincoln obverse, Wheat reverse coins struck from 1909-1958. Struck in Philadelphia and designated as a Proof (PR) strike, this coin is made of 95% copper; 5% tin & zinc from a mintage of 51,386 struck.
The year 1950 marks the first striking of proof coins in seven years, with the long hiatus due to the United States Mint focusing its efforts on making enough business-strike coinage to feed a hungry wartime economy and to make medals and other special pieces for World War II military personnel and their families. 1950 proof Lincoln cents aren't very scarce, though individuals buying these coins would be served best by purchasing pieces with minimal spots, even color, and nice overall eye appeal. Cameo specimens are especially desirable and strong worth premiums.
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: 2538
Coin Date: 1950
Denomination: 1c / Cent
Designation: PR
Mint Mark: P
Mint Location: Philadelphia
Mintage: 51,386
Coinage Type: Lincoln obverse, Wheat reverse
Coinage Years: 1909-1958
Composition: 95% copper; 5% tin & zinc
Strike Type: Proof
Diameter: 19 mm
Weight: 3.11 gr
Coin Shape: Round
Designer: Victor D. Brenner
Obverse Lettering: IN GOD WE TRUST, LIBERTY, 1950
Obverse Designer: Victor D. Brenner
Reverse Lettering: E PLURIBUS UNUM, ONE CENT, UNITED STATES OF AMERICA
Reverse Designer: Victor D. Brenner
PCGS #: 3359
NGC ID: 22LA
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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.

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