Coin Specifications

Category: Lincoln Cents, Wheat Reverse (1909-1958)
Mint: Philadelphia
Mintage: 219,080,000
Obverse Designer: Victor D. Brenner
Reverse Designer: Victor D. Brenner
Composition: Bronze
Weight: 3.1100g
Diameter: 19mm
Edge: Plain
Link to this coin

1934 1C MS obverse 1934 1C MS reverse
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Description & Analysis

With the initiation of economic recovery programs under the Roosevelt Administration, the demand for new coin rose dramatically during 1934. The high mintage for 1934(P) cents, combined with the practice of saving Mint State rolls that began around this time, has made this issue very common in all grades through MS 67 RD.

Most 1934(P) cents were well made, and die erosion was kept to a minimum through steady die replacement. The Mint finally recognized the need to place a long tail on numeral 3 of the date, and this style is in keeping with the 9 for the first time since the series' inception.

One of the more unusual Lincoln Cent varieties is found with this date. Remnants of two duplicate numerals are seen well below the date, and specialists disagree whether these are 34 or 93. Since date had not been hand-punched into working dies since 1908, this variety has to be the result of a doubled die.

GRADE SUMMARY

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Price Guide

Last Updated: 7/12/2020

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

1934 1C MS BN
  GVGFVFXF505355586061626364656667686970
Base $ 0.15 0.20 0.25 0.35 1.00 2.75 3.25 4.00 4.50 6.00 7.00 8.00 10.00 13.00 17.00 32.50 45.00 - - -
$ - - - - - - - - - - - 35.00 50.00 -
1934 1C MS RB
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - 7.00 8.00 9.00 12.50 15.00 28.00 43.00 70.00 - - -
$ - - - - - - - - - - 32.00 50.00 - -
1934 1C MS RD
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - - 9.00 10.00 16.00 20.00 50.00 80.00 275 4050 - -
$ - - - - - - - - - - 55.00 115 575 -

NGC Price and Value Guides Disclaimer

Disclaimer: The prices listed in the various NGC Price and Value Guides are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. Prices provided are averages, not specific prices for individual coins. Further, because these prices are only updated from time to time, they do not reflect short term pricing trends, which are quite common and are often quite dramatic, given the volatile nature of the collectible coin marketplace. This is especially true for rare coins, where there are fewer sales and greater variations in sale prices. For all of these reasons, the prices in these guides are designed to serve merely as one of many measures and factors that coin buyers and sellers can use in determining coin values. These prices are not intended, and should not be relied upon, to replace the due diligence and — when appropriate — expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Guides. By using the NGC Guides, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the Guides.

Census

 
NGC GRADE SUMMARY

Total Graded: 2528
Low Grade: VG
Average Grade: 65
High Grade: 68

The chart showing VG series, F series, VF series, 40 series, 45 series, 50 series, 53 series, 55 series, 58 series, 60 series, 61 series, 62 series, 63 series, 64 series, 65 series, 66 series, 67 series, 68 series.
NGC CENSUS DETAIL Last Updated: 2/23/2021 1934 1C MS BN
 PrAgGVGFVF4045505355586061626364656667686970Total
Base--164-3-213--711131031---65
-----------------------
-----------------------
-----------------------
Total--164-3-213--711131031---65
 --2%9%6%-5%-3%2%5%--11%17%20%15%5%2%--- 
1934 1C MS RB
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-------------5267651324---194
-----------------------
------------------3---3
-----------------------
Total-------------5267651327---197
 -------------3%13%39%26%16%4%--- 
1934 1C MS RD
 PrAgGVGFVF4045505355586061626364656667686970Total
Base--------------411547911994657--2269
------------------2---2
----------------11614---31
-----------------------
Total--------------411548012154817--2302
 --------------0%5%21%53%21%0%-- 

NGC Registry

NGC Registry Score 1934 1C MS BN
 PrAgGVGFVF4045505355586061626364656667686970
Base3333336991216202428375067135183209255304
33333479101317212531415690151192224271319
0000007910131721253141569015119222400
00000089111519232734466111216720024000
1934 1C MS RB
 PrAgGVGFVF4045505355586061626364656667686970
Base33669912161620242832375467127190295333398474
346791013161721252934435887148225308355423498
0000001316172125293443588714822530835500
00000015161923273135486310716926032037600
1934 1C MS RD
 PrAgGVGFVF4045505355586061626364656667686970
Base33669912161620242832376381201288966476852385742
34679101316172125293446691212305142233492554066029
0000001316172125293446691212305142233492500
0000001516192327313554751612597403501508100
Registry Image Gallery
Grade: MS 68 RD
Points: 4768
Owner: KKM
 
Grade: MS 67 RD
Points: 966
Owner: ABK
 
View the Registry Image Gallery

Related Articles

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NGC Auction Central Disclaimer

NGC Auction Central Disclaimer

Disclaimer: The auction prices realized listed in the NGC Auction Central are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. The auction data listed by NGC may occasionally contain typographical or input errors that can result in incorrect prices realized appearing on the NGC website. Therefore, the prices realized listed in NGC Auction Central are designed to serve merely as one of many measures and facts that coin buyers and sellers can use in determining coin values. These prices are not intended, and should not be relied upon, to replace the due diligence and – when appropriate – expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Auction Central. By using the NGC Auction Central, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the NGC Auction Central.