Coin Specifications

Category: Lincoln Cents, Wheat Reverse (1909-1958)
Mint: Philadelphia
Mintage: 600
Obverse Designer: Victor D. Brenner
Reverse Designer: Victor D. Brenner
Composition: Bronze
Weight: 3.1100g
Diameter: 19mm
Edge: Plain
Link to this coin

1916 1C PF obverse 1916 1C PF reverse
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Description & Analysis

Most collectors sought complete proof sets at the beginning of the year and held off all purchases awaiting the arrival of the three new silver types. The Mint, assuming that these coins would be ready by mid-year, declined to strike proofs of the old Barber dimes, quarters and halves. The new silver coins, however, were not ready to issue until very late in 1916, and it was too to strike proofs. This meant that the only proofs sold that year were those included in the minor proof sets of cents and nickels. Thus it was that this date became a key to the short-lived matte/satin proof Lincoln series. The U. S. Mint, frustrated with this development and vexed by the textured surfaces of the new coins which prevented brilliant polishing, simply discontinued proof sales after 1916.

Further improvements to the obverse master hub created the most finely detailed issue of the short-lived Lincoln matte/satin proof series. This date is scarce in all grades and genuinely rare in fully red gem condition. Its high cost in upper grades is justified, as both its rarity and superior detail definition make it the ultimate Lincoln Cent type coin.


GRADE SUMMARY

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Price Guide

Last Updated: 6/14/2019

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

1916 1C PF Brown
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - 575 650 1100 2000 3450 4500 7300 - - - -
1916 1C PF Red Brown
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - - - 1200 2690 4300 6000 9400 39000 - - -
1916 1C PF Red
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - - - - 3750 5600 17000 26500 49000 - - -

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Census

 
NGC GRADE SUMMARY

Total Graded: 93
Low Grade: 62
Average Grade: 64
High Grade: 67

The chart showing 62 series, 63 series, 64 series, 65 series, 66 series, 67 series.
NGC CENSUS DETAIL Last Updated: 8/13/2019 1916 1C PF Brown
 PrAgGVGFVF4045505355586061626364656667686970Total
Base--------------21095----26
-----------------------
-----------------------
-----------------------
Total--------------21095----26
 --------------8 %38 %35 %19 %---- 
1916 1C PF Red Brown
 PrAgGVGFVF4045505355586061626364656667686970Total
Base--------------42319122---60
-----------------------
-----------------------
-----------------------
Total--------------42319122---60
 --------------7 %38 %32 %20 %3 %--- 
1916 1C PF Red
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-------------1-1221---7
-----------------------
-----------------------
-----------------------
Total-------------1-1221---7
 -------------14 %-14 %29 %29 %14 %--- 

Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
12/7/2003 PCGS PF 64   Red Teletrade Auction 1815, 1815/Lot# 1030 $3,960.00
1/26/2014 PCGS PF 65   Red Brown Goldberg January 26-28, 2014 January Pre-Long Beach Sale 17.5% BP, 78/Lot# 969 $3,642.50
3/16/2014 PCGS PF 65   Red Brown GreatCollections GreatCollections Coin Auctions 03/16/2014, 172/Lot# 178720 $3,972.10
6/23/2014 PCGS PF 65   Brown Stack's Bowers iAuction 3487, 6036/Lot# 20034 $3,936.25
3/6/2015 NGC PF 66   Red Brown Stack's Bowers March 2015 Portland ANA, 6103/Lot# 57 $7,050.00
10/29/2015 PCGS PF 64   Red Heritage Auctions 2015 October 29 - November 1 US Coins Signature Auction - New York Session(2), 1225/Lot# 3874 $5,405.00
1/4/2017 PCGS PF 66   Red Brown Heritage Auctions 2017 January 4 - 9 FUN US Coins Signature Auction - Session(1), 1251/Lot# 3360 $7,637.50
4/25/2019 NGC PF 64   Red Brown Heritage Auctions 2019 April 25 - 28 Central States (CSNS) US Coins Signature Auction - Chicago Session(1), 1294/Lot# 3146 $3,960.00


NGC Registry

NGC Registry Score 1916 1C PF Brown
 PrAgGVGFVF4045505355586061626364656667686970
Base1616161616161632748768479812391333165824643216380045128436152522457024570
16161616161612038055372294512701441192727153411403758201070818358245700
0000001203805537229451270144119272715341140375820107081835800
00000022343461876010921302155021952965360542757128129802146400
1916 1C PF Red Brown
 PrAgGVGFVF4045505355586061626364656667686970
Base1616161616161641560984097213121410188629603564414150268768171592727127271
161616161616149480686884108513451569224431613756443662731156520530272710
00000014948068688410851345156922443161375644366273115652053000
00000028254476392811991377172726023363394947317521143622390000
1916 1C PF Red
 PrAgGVGFVF4045505355586061626364656667686970
Base1616161616161683711571528173318361944205631264016640078089520249883812638126
16161616161629094412811596176718721981241334234811686983791467629367381260
0000002909441281159617671872198124133423481168698379146762936700
00000056310501404166518021908201927693719560573398949198323374700
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