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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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: 6/28/2019

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 31.80 35.00 50.00 80.00 170 - - -
1950 1C PF Red
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - - - 30.00 40.00 53.00 90.00 200 1500 3500 - -
$ - - - - - - - - - 65.00 - - - -
1950 1C PF Red, Cameo
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - - - - 77.50 155 280 675 2200 8600 - -
$ - - - - - - - - - - 300 750 3350 -
1950 1C PF Red, Ultra Cameo
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - - - - 350 425 1000 2400 8500 26000 - -
$ - - - - - - - - - - - 5000 18000 -

NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 1772
Low Grade: 61
Average Grade: 65
High Grade: 68

The chart showing 61 series, 62 series, 63 series, 64 series, 65 series, 66 series, 67 series, 68 series.
NGC CENSUS DETAIL Last Updated: 8/20/2019 1950 1C PF Brown
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-------------34753----22
-----------------------
-----------------------
-----------------------
Total-------------34753----22
 -------------14 %18 %32 %23 %14 %---- 
1950 1C PF Red Brown
 PrAgGVGFVF4045505355586061626364656667686970Total
Base------------310348374342---240
------------------1---1
-----------------------
-----------------------
Total------------310348374343---241
 ------------1 %4 %14 %34 %31 %14 %1 %--- 
1950 1C PF Red
 PrAgGVGFVF4045505355586061626364656667686970Total
Base------------18171653283431509--1021
----------------341---8
------------------2---2
-----------------------
Total------------18171653313471539--1031
 ------------0 %1 %2 %16 %32 %34 %15 %1 %-- 
1950 1C PF Red Brown, Cameo
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-------------1-7541---18
-----------------------
-----------------------
-----------------------
Total-------------1-7541---18
 -------------6 %-39 %28 %22 %6 %--- 
1950 1C PF Red, Cameo
 PrAgGVGFVF4045505355586061626364656667686970Total
Base--------------1674147115414--397
----------------372---12
----------------1-----1
-----------------------
Total--------------1674151122434--410
 --------------4 %18 %37 %30 %10 %1 %-- 
1950 1C PF Red, Ultra Cameo
 PrAgGVGFVF4045505355586061626364656667686970Total
Base--------------1121923181--74
-----------------------
----------------124---7
------------------1---1
Total--------------1122025231--82
 --------------1 %15 %24 %30 %28 %1 %-- 

Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
3/25/2006 NGC PF 67   Red, Cameo Heritage Auctions Continuous Internet Auction #66041, 66041/Lot# 24055 $575.00
2/11/2007 NGC PF 67   Red, Cameo Goldberg February 11-14, 2007 Pre-Long Beach Coin and Currency Auction, 39/Lot# 1047 $747.50
3/27/2008 NGC PF 66   Red, Cameo David Lawrence Rare Coins Thursday - Internet Auction # 233, 239/Lot# 5080 $356.50
2/24/2010 NGC PF 66   Red Stack's Bowers The March 2010 Baltimore Online Session, 40/Lot# 5078 $69.00
12/23/2012 NGC PF 67   Red GreatCollections GreatCollections Coin Auctions 12/23/2012, 54/Lot# 79403 $264.00
6/2/2013 NGC PF 66   Red GreatCollections GreatCollections Coin Auctions 06/02/2013, 77/Lot# 114178 $101.20
9/9/2013 NGC PF 66   Red Teletrade Auction 3447, 3447/Lot# 2765 $230.00


NGC Registry

NGC Registry Score 1950 1C PF Brown
 PrAgGVGFVF4045505355586061626364656667686970
Base1616161616161616203759768189102119143272314357429507
16161616161616172644657884931081271862863283814550
000000161726446578849310812718628632838100
000000161931527079869811313522930034340500
1950 1C PF Red Brown
 PrAgGVGFVF4045505355586061626364656667686970
Base16161616161616162441678589102123143201304551622727844
161616161616161930507386931091301622353865756577660
0000001619305073869310913016223538657565700
0000001621355879889811613618227046959869200
1950 1C PF Red
 PrAgGVGFVF4045505355586061626364656667686970
Base16161616161616243750851021061231632303366202124323835923974
161616161616192841629110311213618526543111212495335637190
000000192841629110311213618526543111212495335600
000000213346739610511715020830152516232867347400
1950 1C PF Red Brown, Cameo
 PrAgGVGFVF4045505355586061626364656667686970
Base161616161616161628457694981151351712374236638209901138
16161616161616203455829510412214719329950371587710390
00000016203455829510412214719329950371587700
00000016243966889710912815921536158376893300
1950 1C PF Red, Cameo
 PrAgGVGFVF4045505355586061626364656667686970
Base1616161616161632457612315516718329851578313632585484153165825
1616161616162136559213415917222137060497617703337499954860
0000002136559213415917222137060497617703337499900
000000274166107144163178260443694117021784089515800
1950 1C PF Red, Ultra Cameo
 PrAgGVGFVF4045505355586061626364656667686970
Base16161616161616372303545106026276749081028179931034888754382008899
161616161616231012714065416106437529481285223436985773776284330
000000231012714065416106437529481285223436985773776200
000000301663134585716196588309881542266842936658798100
Registry Image Gallery
Grade: PF 68 RD ULTRA CAMEO
Points: 7543
Owner: rudman coleccion
 
Grade: PF 67 RD ULTRA CAMEO
Points: 4888
Owner: Ultra Cameo Collection
 
View the Registry Image Gallery

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