1936 Lincoln Cent : A Collector’s Guide

By Charles Morgan and Hubert Walker for CoinWeek Notes …..
 

Demand for home coinage continued to develop in 1936 and the United States Mint responded by including work shifts and ramping up manufacturing. In Philadelphia, Lincoln Wheat Cent manufacturing was larger than it had been at any time since 1920. Over 309 million items had been struck, all from blanks manufactured in-house. This manufacturing degree largely glad nationwide demand, as output from the Denver and San Francisco mints numbered 40,620,000 and 29,130,000, respectively.

With this huge mintage, the 1936 cent circulated freely for many years, the main points of every cent gently carrying down over time. Whereas uncommon to search out in change right now, roll hunters know that the 1936 cent turns up right here and there, sometimes in grades Good to Wonderful.

The coin interest was rising within the mid-Nineteen Thirties. The Nice Despair, paradoxically, helped make the interest a preferred pursuit. Coin boards allowed for some low-cost leisure and collectors sought one-cent cash from every date and denomination, pulling the cash from change and mounting them in an ornamental show.

Regardless of being a typical coin, the 1936 Lincoln Cent offers collectors with sufficient errors and varieties to keep up curiosity. The Mint overused the dies to supply such a big mintage, which result in die failure, leading to cuds. The inhabitants of 1936 Philly strikes is replete with plenty of similar-looking cud breaks. There may be additionally a dramatic doubled die obverse (DDO) selection that’s visually placing and fairly scarce. Legend Uncommon Coin Auctions offered one of many most interesting recognized 1936 FS-101 Doubled Dies (PCGS MS66+RD CAC) for $14,100 in January 2020. This selection has vital doubling in IN GOD WE TRUST, LIBERTY, and the date and reminds one of many 1955 and 1972 Doubled Dies within the unfold of doubling.

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Market Information and Noteworthy Specimens

Authentic rolls had been preserved, although not within the giant numbers that had been put aside with later dates. Because the coin roll increase took maintain within the Nineteen Fifties and ’60s, 1936 cent rolls had been routinely supplied. An advert positioned within the August 1948 subject of The Numismatist by seller Lu Riggs promoted unique uncirculated rolls for $2.20 every. This breaks out to about 4.5 cents per coin. Roll seller M. Hirschhorn had a listing of rolls in 1957, which he supplied at $7.60 every (15.2 cents per coin) and a decade later he supplied what stock he had left of the date for $32.75 every (65.5 cents per coin). Uncirculated singles and partial rolls commerce with some regularity on eBay. $15 to $20 appears to be the going charge as of late, though an entire unique roll with 50 good Crimson cents offered on eBay in December 2020 for $386 ($7.72 per coin).

Prime Inhabitants: PCGS MS68RD (4, 10/2024), NGC MS68RD (2, 10/2024), and CAC MS67RD (69:5 stickered:graded, 10/2024).

• NGC MS68RD #6819386-001: GreatCollections, November 10, 2024, Lot 1338435 – View.
• PCGS MS68RD #46958598: GreatCollections, June 25, 2023, Lot 1354154 – View. Safe Protect holder.
• PCGS MS68RD #45534551: Heritage, July 14, 2022, Lot 3024 – $16,620. Prime pop 3 at time of sale. Safe Protect holder.
• PCGS MS67+RD #81627240: GreatCollections, October 6, 2024, Lot 1644786 – View.
• PCGS MS67+RD CAC #80679119: GreatCollections, September 15, 2024, Lot 1658199 – View.
• PCGS MS67+RD CAC #44900543: GreatCollections, April 28, 2024, Lot 1572292 – View. Safe Protect holder.
• NGC MS67+RD #6819923-003: GreatCollections, March 24, 2024, Lot 1472734 – View.
• NGC MS67+RD #6020590-001: GreatCollections, December 3, 2023, Lot 1461276 – View.
• NGC MS67+RD CAC #6822943-006: As NGC MS67+RD #6822943-006. Heritage, June 11, 2023, Lot 23049 – $312. No CAC sticker at time of sale; As NGC MS67+RD CAC #6822943-006. GreatCollections, November 12, 2023, Lot 1467052 – View. Licensed robust for the grade by CAC since final public sale look, worth practically doubled as end result.
• PCGS MS67+RD CAC #35295032: “The Good Karma Lane Assortment,” Heritage, April 30, 2023, Lot 54454 – $1,440.
• PCGS MS67+RD #45723902: Heritage, April 30, 2023, Lot 54453 – $1,140. Safe Protect holder.
• PCGS MS67+RD #81970468: DLRC, March 19, 2023, Lot 4041 – $1,201.56. Safe Protect holder.
• PCGS MS67+RD CAC #43994291: Heritage, December 20, 2022, Lot 25098 – $1,080. Safe Protect holder.
• PCGS MS67+RD CAC #81971934: “The Bender Household Assortment of Put up-1932 Lincoln Cents,” Heritage, December 15, 2022, Lot 3306 – $1,620. Bender Assortment on insert. Safe Protect holder.

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Design

Obverse:

Sculptor Victor David Brenner’s portrait of Abraham Lincoln depicts the sixteenth president from the shoulder up. Lincoln is wearing a interval swimsuit and a bow tie. Brenner’s initials V.D.B. seem in Lincoln’s shoulder truncation. Wrapping clockwise across the rim above Lincoln’s head is the motto IN GOD WE TRUST. The phrase LIBERTY seems behind Lincoln’s neck, on the left facet of the coin. The date 1936 seems barely decrease, in entrance of Lincoln’s portrait on the coin’s proper facet.

Reverse:

Brenner’s “Wheat Cent” reverse. Two sheaths of wheat wrap round the proper and the left facet of the coin. On the high of the design, the motto E · PLURIBUS · UNUM wraps across the rim. The denomination ONE CENT is inscribed in giant sans serif letters, the underside arm of the “E” extending past the arm on the high. The center arm is recessed. Beneath, in the identical font however smaller, is the legend UNITED STATES OF AMERICA.

Edge:

The sting of the 1936 Lincoln Cent is obvious or clean, with out lettering or reeding.

Designer

Victor David Brenner was born in Lithuania in 1871 and immigrated to New York on the age of 19. The classically skilled sculptor constructed a gaggle of shoppers, which included the long run president Theodore Roosevelt. Having created a medallion of Lincoln, Brenner was contracted by Roosevelt in 1908 to make use of one among his earlier photographs of the late president for a brand new one-cent coin design. When he died, Brenner had carved over 125 totally different medals, sculptures, and cash (View Designer’s Profile).

Coin Specs

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