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


  
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VarietyPlus®

There are no NGC 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: 8/22/2014

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

1950 1C PF Brown
  GVGFVFXF5053555861626364656667686970
Base $ - - - - - - - - - - 22.00 25.00 28.50 35.00 70.00 - - - -
$ - - - - - - - - - - - - -
1950 1C PF Red Brown
  GVGFVFXF5053555861626364656667686970
Base $ - - - - - - - - - - 25.00 30.00 35.00 50.00 80.00 170 - - -
$ - - - - - - - - - - - - -
1950 1C PF Red
  GVGFVFXF5053555861626364656667686970
Base $ - - - - - - - - - - 30.00 40.00 57.50 90.00 200 1500 3500 - -
$ - - - - - - - - 65.00 - - - -
1950 1C PF Red, Cameo
  GVGFVFXF5053555861626364656667686970
Base $ - - - - - - - - - - - 77.50 155 280 625 3350 6500 - -
$ - - - - - - - - - - - - -
1950 1C PF Red, Ultra Cameo
  GVGFVFXF5053555861626364656667686970
Base $ - - - - - - - - - - - 350 725 1300 6500 15000 - - -
$ - - - - - - - - - - - - -

The World Coin Price Guide is independently compiled by Krause Publications’ NumisMaster. NGC makes this information available to its website visitors as a free service, but in no way does the information provided represent NGC’s official opinion or policy. For example, varieties listed in the World Coin Price Guide may not necessarily be recognized by NGC. Please contact NGC Customer Service with any questions.

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Census

 
NGC GRADE SUMMARY

Total Graded: 1355
Low Grade: 61
Average Grade: 65
High Grade: 68


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
12/24/2001 PCGS PF 66   Red Teletrade Auction 1521, 1521/Lot# 1054 $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
10/22/2007 NGC PF 66   Red David Lawrence Rare Coins Internet Auction # 188, 194/Lot# 8065 $74.75
1/3/2012 PCGS PF 65   Red, Ultra Cameo Heritage Auctions 2012 January 4-8 US Coins & Platinum Night FUN Signature Auction- Orlando Session(3), 1166/Lot# 4431 $977.50
4/20/2014 PCGS PF 65   Brown GreatCollections GreatCollections Coin Auctions 04/20/2014, 186/Lot# 173256 $79.20
2/22/2015 PCGS PF 66   Brown Heritage Auctions Internet Coin Auction Session(1), 131509/Lot# 21071 $99.88
4/2/2015 NGC PF 65   Brown Stack's Bowers iAuction 3528, 6097/Lot# 20574 $481.75


NGC Registry

NGC Registry Score 1950 1C PF Brown
 PrAgGVGFVF4045505355586061626364656667686970
Base33333333147237354423445477515563754109517073009848515308
333333351177276377430455489531626867129921414834107590
00000035117727637743045548953162686712992141483400
00000039920731540043746650254769098115032575665900
1950 1C PF Red Brown
 PrAgGVGFVF4045505355586061626364656667686970
Base161616161616162441678994102123135194255375631100515261526
161616161616193050749197109127155214295460756117915260
000000193050749197109127155214295460756117900
000000213558829299116131174235335546880135200
1950 1C PF Red
 PrAgGVGFVF4045505355586061626364656667686970
Base161616161616162850851061111231592163043848441825262036463646
1616161616162035629210811513517824533153711712090296236460
0000002035629210811513517824533153711712090296200
0000002443739910911914719727535769114982355330400
1950 1C PF Red Brown, Cameo
 PrAgGVGFVF4045505355586061626364656667686970
Base161616161616161654941471831942122623514849131376211329944123
16161616161616296711215918720022929239562710671622240733700
00000016296711215918720022929239562710671622240700
00000016418112917119020624532144077012221867270000
1950 1C PF Red, Cameo
 PrAgGVGFVF4045505355586061626364656667686970
Base1616161616161616457612315516718329851578313033172414133154528
1616161616161626559213415917222137060495619263495414137190
0000001626559213415917222137060495619263495414100
000000163566107144163178260443694113025493818414100
1950 1C PF Red, Ultra Cameo
 PrAgGVGFVF4045505355586061626364656667686970
Base161616161616161623035451060262767490814212219429060896737874811173
161616161616168727140654161064375210791687290948906305740795560
000000168727140654161064375210791687290948906305740700
0000001615931345857161965883012501953360054896521807800
Registry Image Gallery
Grade: PF 67 RD ULTRA CAMEO
Points: 6089
Owner: Robert Baker Trust
 
Grade: PF 66 RDU
Points: 4290
Owner: Robert Baker Trust
 
View the Registry Image Gallery

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