Coin Specifications

Category: Lincoln Cents, Wheat Reverse (1909-1958)
Mint: San Francisco
Mintage: 11,696,000
Obverse Designer: Victor D. Brenner
Reverse Designer: Victor D. Brenner
Composition: Bronze
Weight: 3.1100g
Diameter: 19mm
Edge: Plain
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1924 S 1C MS obverse 1924 S 1C MS reverse


  
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Description & Analysis

Though widely hoarded from circulation 1935-60, as were all S-Mint cents, this issue is very scarce in all grades higher than Very Fine. Mint State survive in smaller numbers than for many other issues of the 1920s, and fully red gems are exceedingly rare. Those so certified typically have a deep, mellowed red that is not at all comparable to an MS RD 1924(P) cent.

Severe budget cuts across all federal departments during the Harding and Coolidge administrations compelled the mints, particularly Denver and San Francisco, to run their dies way too long. As a result, 1924-S cents are among the many issues of this decade that are usually found poorly struck from very eroded dies. The coin presented here is thus a superior specimen in all respects.

Only a few persons interested in coinage matters commented at the time about such poor quality. One of these was Charles Moore, Chairman of the Federal Commission of Fine Arts: "By dint of many struggles our silver coinage, the nickel, and the penny, have been brought up to a fair standard as compared with other leading nations. The only questions now in relation to those coins are questions of quality of work in producing the coins themselves."

GRADE SUMMARY

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Price Guide

Last Updated: 6/24/2015

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

1924 S 1C MS Brown
  GVGFVFXF505355586061626364656667686970
Base $ 1.10 1.40 2.60 5.25 27.00 73.00 77.00 80.00 95.00 115 160 190 355 650 1600 - - - - -
$ 35.00 - - - 110 - - - 385 825 - - - -
1924 S 1C MS Red Brown
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - - 200 260 500 1125 3950 - - - - -
$ - - - - - - - - 600 1375 5000 - - -
1924 S 1C MS Red
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - - - 450 1850 3500 29000 - - - - -
$ - - - - - - - 750 2200 12000 - - - -

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Census

 
NGC GRADE SUMMARY

Total Graded: 497
Low Grade: PrAg
Average Grade: 60
High Grade: 65


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
1/29/2012 PCGS MS 64   Brown Goldberg January 29 - February 1, 2012 The Pre-Long Beach Auction, 67/Lot# 627 $391.00
5/30/2012 PCGS MS 64   Red Brown Stack's Bowers The June 2012 Baltimore Auction, 137/Lot# 2204 $776.25
9/16/2013 PCGS AU 53   Brown Teletrade Auction 3448, 3448/Lot# 1077 $70.00
10/20/2013 PCGS VF 25   Brown GreatCollections GreatCollections Coin Auctions 10/20/2013, 97/Lot# 114767 $14.00
3/9/2014 PCGS AU 50   Brown David Lawrence Rare Coins Internet Auction # 794, 803/Lot# 438 $85.00
6/9/2014 NGC XF 45   Brown Stack's Bowers iAuction 3485, 6034/Lot# 20060 $28.20
6/4/2015 PCGS MS 64   Red Brown Heritage Auctions 2015 June 4 - 7 Long Beach Expo US Coins Signature Auction - Long Beach Session(1), 1221/Lot# 3202 $1,057.50


NGC Registry

NGC Registry Score 1924 S 1C MS Brown
 PrAgGVGFVF4045505355586061626364656667686970
Base3339161112272822953043514095275979161333219723622535271730293367
335114815024528629832037044855070310551621225224202596282131420
00000024528629832037044855070310551621225224202596282100
00000026429130133539048857481011941909230724772656292500
1924 S 1C MS Red Brown
 PrAgGVGFVF4045505355586061626364656667686970
Base336122012324430431733037843962074511381821342736553893414445685024
348155416326430832134639849966287613662356350337343977428547200
00000026430832134639849966287613662356350337343977428500
000000284313326362419560703100715932892357938144060442700
1924 S 1C MS Red
 PrAgGVGFVF4045505355586061626364656667686970
Base66916241352653303423544064716631066236832387859827987159168992610730
671119611782873343463714285357971500265847787999842488669421101940
000000287334346371428535797150026584778799984248866942100
000000308338350389449599932193429486319813985709017967300
Registry Image Gallery
Grade: MS 65 BN
Points: 2197
Owner: coppermania
 
Grade: MS 64 RB
Points: 1821
Owner: wheat'swheats
 
View the Registry Image Gallery

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