1934-D Lincoln cent Sold for $8,790

02 Nov 2018  Fri

A 1934-D Lincoln cent was sold in October by GreatCollections for $8,780.62. Considering the mintage limit of 28,446,000, it’s much rarer than many others in the series. When it comes to Mint State examples of Denver Mint from this time, the detailing is weak. This is because of worn out dies or because the striking pressure was low.

As many as 47 such coins have been graded as MS-67 red by PCGS. Stack’s Bowers Galleries sold one such coin from the Anne Kate Collection during ANA auctions in Philadelphia in August for $1,920. During that time, it was said that just two MS-67+ red examples were certified. Within a few weeks two more were certified. David Lawrence auctioned a PCGS MS-67+ red example with a green CAC sticker for $20,350 on 2nd September.

Image Courtesy: Great Collections

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