Coin Specifications

Category: Lincoln Cents, Wheat Reverse (1909-1958)
Mint: Philadelphia
Mintage: 51,386
Catalog: KM-A132
Obverse Designer: Victor D. Brenner
Reverse Designer: Victor D. Brenner
Composition: Brass
Weight: 3.11 Grams
Diameter: 19mm
Edge: Plain
Numismatic specification data provided by Krause Publications NumisMaster.
Link to this coin

1950 1C PF obverse 1950 1C PF reverse


Images courtesy of Heritage Auctions (HA.com)
  
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VarietyPlus®

There are no varieties for this coin.

Description & Analysis

Sales of proof coins did not resume until 1950 due to a combination of an antiquated appropriation system and bureaucratic disdain for the program. The Mint operated on an annual appropriation that sometimes ran out before the end of its fiscal year on June 30, and any profit from the manufacture of coins, proofs included, had to be surrendered to the Treasury's general fund. This fact was cited as the reason for not minting proof coins year after year. Only when it was determined that the Mint could apply the profits from one year's proof sales to toward the next year's costs did production resume.

1950 proofs come with two finishes, these being somewhat similar to those seen for 1936 cents. It's not certain whether this was due to its having to relearn the die polishing process or simply to allowing the dies to lose their brilliance through prolonged use. Whatever the cause, these two slightly different finishes have not been codified as have those for 1936, perhaps because there are enough 1950 proofs of the brilliant finish to satisfy demand.

The most important distinction between pre-war proofs and those coined in 1950 and later is that a significant and collectable quantity of Cameo and Ultra Cameo proofs are known. While these still represent a small minority of the total proof output, they are not classified as rarities.

GRADE SUMMARY

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Price Guide

Last Updated: 8/7/2013

Click on a price to see historical prices, comparison charts and trends.

1950 1C PF Brown
  GVGFVF4045505355586061626364656667686970
Base $ - - - - - - - - - - 19.20 20.40 21.60 25.00 27.50 31.25 46.25 76.25 - - -
$ - - - - - - 23.00 24.00 28.00 31.00 35.00 52.00 85.00 -
1950 1C PF Red Brown
  GVGFVF4045505355586061626364656667686970
Base $ - - - - - - - - - - - - 25.20 30.00 32.50 43.75 65.00 103 - - -
$ - - - - - - - 28.00 34.00 36.00 49.00 73.00 115 -
1950 1C PF Red
  GVGFVF4045505355586061626364656667686970
Base $ - - - - - - - - - - - - 30.00 38.75 55.00 81.25 100.00 325 1080 - -
$ - - - - - - - 34.00 43.00 62.00 91.00 112 360 -
1950 1C PF Red, Cameo
  GVGFVF4045505355586061626364656667686970
Base $ - - - - - - - - - - - - - 56.25 144 250 575 1060 1840 - -
$ - - - - - - - - 63.00 161 280 630 1170 -
1950 1C PF Red, Ultra Cameo
  GVGFVF4045505355586061626364656667686970
Base $ - - - - - - - - - - - - - 281 660 1190 4810 9380 - - -
$ - - - - - - - - 310 730 1310 5200 10100 -
NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 1257
Low Grade: 61
Average Grade: 65
High Grade: 68


Upcoming Auctions

A random selection of NGC coins is shown below.

Images
Date
Grade
Auction House
Sale / Lot
4/27/2014 PF 66   Red, Cameo Heritage Auctions 2014 April 23 - 27 CSNS US Coin Signature Auction - Chicago Session(8), 1204/Lot# 8525


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
5/20/1998 NGC PF 63   Red Brown Teletrade Auction 1051, 1051/Lot# 1104 $23.75
8/5/1998 PCGS PF 67   Red Teletrade Auction 1074, 1074/Lot# 1137 $141.70
2/11/2007 NGC PF 67   Red Brown Goldberg February 11-14, 2007 Pre-Long Beach Coin and Currency Auction, 39/Lot# 1048 $460.00
8/8/2007 PCGS PF 65   Red, Ultra Cameo Heritage Auctions 2007 Milwaukee, WI (ANA) Signature Coin Auction #444, 444/Lot# 282 $1,610.00
2/24/2010 NGC PF 66   Red Stack's Bowers The March 2010 Baltimore Online Session, 40/Lot# 5078 $69.00
8/11/2011 NGC PF 65   Red, Ultra Cameo Heritage Auctions 2011 August Chicago Signature US Coin & Platinum Night Auction Session(6), 1158/Lot# 9249 $632.50
3/4/2012 PCGS PF 66   Red Heritage Auctions Internet Coin Auction Session(2), 131211/Lot# 29514 $116.15
3/17/2013 NGC PF 66   Red David Lawrence Rare Coins Internet Auction # 743, 752/Lot# 27 $110.00
12/8/2013 NGC PF 66   Red Brown, Cameo GreatCollections GreatCollections Coin Auctions 12/08/2013, 104/Lot# 149992 $385.00


NGC Registry

NGC Registry Score 1950 1C PF Brown
 PrAgGVGFVF4045505355586061626364656667686970
Base33333333147237354423445477515563754109517073009848515308
333333351177276377430455489531626867129921414834107590
00000035117727637743045548953162686712992141483400
00000039920731540043746650254769098115032575665900
1950 1C PF Red Brown
 PrAgGVGFVF4045505355586061626364656667686970
Base33333333244167899410212313519425537563110051526
333333310294974909610912715421429546075511780
000000310294974909610912715421429546075500
000000317355881929911613117423433554588000
1950 1C PF Red
 PrAgGVGFVF4045505355586061626364656667686970
Base33333333285085106111123159216304384844182526203646
3333333113561921071151351782453305371171209029620
0000003113561921071151351782453305371171209000
0000003194273991091191471972743576901498235500
1950 1C PF Red Brown, Cameo
 PrAgGVGFVF4045505355586061626364656667686970
Base3333333354941471831942122623514849131376211329944123
3333333206711115918620022829139562710671621240633700
0000003206711115918620022829139562710671621240600
0000003378012917119020624532143977012211867270000
1950 1C PF Red, Cameo
 PrAgGVGFVF4045505355586061626364656667686970
Base33333333457612315516718322345363312711762236233154528
333333317559113315917219629951384514341962267937190
000000317559113315917219629951384514341962267900
00000033165107144163177209376573105815982162299700
1950 1C PF Red, Ultra Cameo
 PrAgGVGFVF4045505355586061626364656667686970
Base3333333323035451060262767478513452219412350916737874811173
3333333782714065406106427119711636285344455639740795560
0000003782714065406106427119711636285344455639740700
000000315431245857161865874811581927348847686188807700
Registry Image Gallery
Grade: PF 67 RD ULTRA CAMEO
Points: 5091
Owner: Gelhaus Collection
 
Grade: PF 67 RD ULTRA CAMEO
Points: 5091
Owner: Robert Baker Trust
 
View the Registry Image Gallery

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