Description and Analysis
Lincoln Cents, Wheat Reverse
1940 1C MS
Description & Analysis
1940(P) cents were well made as a rule, and fully red gems are thus common. Most of these are sharply struck, though some may reveal the weakness at the top of O(NE) seen on many Lincoln Cents.
The Mint Director's Annual Report commented on the stepped up coinage during this period: "Domestic coinage manufactured during the fiscal year ending June 30, 1940, amounting to 768,090,830 pieces, exceeded the production of any previous fiscal year in the history of the Government. As in previous years, the coin most largely produced was the 1-cent piece."