Coin Specifications

Category: Lincoln Cents, Wheat Reverse (1909-1958)
Mint: Philadelphia
Mintage: 51,386
Obverse Designer: Victor D. Brenner
Reverse Designer: Victor D. Brenner
Composition: Bronze
Weight: 3.1100g
Diameter: 19mm
Edge: Plain
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
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - - - 22.00 25.00 28.50 35.00 70.00 - - - -
$ - - - - - - - - - - - - - -
1950 1C PF Red Brown
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - - - 25.00 30.00 35.00 50.00 80.00 170 - - -
$ - - - - - - - - - - - - - -
1950 1C PF Red
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - - - 30.00 40.00 57.50 90.00 200 1500 3500 - -
$ - - - - - - - - - 65.00 - - - -
1950 1C PF Red, Cameo
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - - - - 77.50 155 280 625 2450 6500 - -
$ - - - - - - - - - - - - 3350 -
1950 1C PF Red, Ultra Cameo
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - - - - 350 725 1300 3650 10000 22500 - -
$ - - - - - - - - - - - - 13500 -

NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 1530
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
5/27/2007 PCGS PF 66   Red, Cameo Goldberg May 27-30, 2007 Pre-Long Beach Coin and Currency Auction, 41/Lot# 267 $431.25
6/30/2008 NGC PF 67   Red, Cameo David Lawrence Rare Coins Monday - Internet Auction # 261, 267/Lot# 146 $575.00
8/2/2012 NGC PF 67   Red Heritage Auctions 2012 August 2-5 US Coins Signature Auction- Philadelphia Session(5), 1173/Lot# 7397 $199.75
7/22/2013 NGC PF 67   Red, Cameo Teletrade Auction 3440, 3440/Lot# 1096 $700.00
3/2/2014 NGC PF 64   Red Brown, Cameo GreatCollections GreatCollections Coin Auctions 03/02/2014, 182/Lot# 165829 $128.70
4/2/2015 NGC PF 65   Brown Stack's Bowers iAuction 3528, 6097/Lot# 20574 $481.75
10/23/2016 PCGS PF 66   Red Heritage Auctions Internet Coin Auction Session(1), 131644/Lot# 21034 $74.00


NGC Registry

NGC Registry Score 1950 1C PF Brown
 PrAgGVGFVF4045505355586061626364656667686970
Base33333333147237354423445477515563754109517073009848515308
333333351177276377430455489531626867129921414834107590
00000035117727637743045548953162686712992141483400
00000039920731540043746650254769098115032575665900
1950 1C PF Red Brown
 PrAgGVGFVF4045505355586061626364656667686970
Base16161616161616162441678589102123143201304551611713829
161616161616161930507386931091301622353865716457520
0000001619305073869310913016223538657164500
0000001621355879889811613618227046959167900
1950 1C PF Red
 PrAgGVGFVF4045505355586061626364656667686970
Base16161616161616243750851021061231632303366202124323835923974
161616161616192841629110311213618526543111212495335637190
000000192841629110311213618526543111212495335600
000000213346739610511715020830152516232867347400
1950 1C PF Red Brown, Cameo
 PrAgGVGFVF4045505355586061626364656667686970
Base16161616161616162845769498115135159220330591655764886
1616161616161620345582951041221431792574176126918050
00000016203455829510412214317925741761269100
00000016243966889710912815120029350463472800
1950 1C PF Red, Cameo
 PrAgGVGFVF4045505355586061626364656667686970
Base1616161616161632457612315516718329851578313032727429047255192
1616161616162136559213415917222137060495617783248443548810
0000002136559213415917222137060495617783248443500
000000274166107144163178260443694113022523769458000
1950 1C PF Red, Ultra Cameo
 PrAgGVGFVF4045505355586061626364656667686970
Base16161616161616372303545106026276749081421196942906089643770227646
1616161616162310127140654161064375210791604274348906205663272300
0000002310127140654161064375210791604274348906205663200
0000003016631345857161965883012501786351654896321682700
Registry Image Gallery
Grade: PF 68 RD CAMEO
Points: 4290
Owner: C1
 
Grade: PF 66 RDU
Points: 4290
Owner: Robert Baker Trust
 
View the Registry Image Gallery

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