1918-D 1C MS67 Red PCGS....

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Sold on Jan 7, 2016 for:

$42,300.00 Bid Source: HA.com/Live bidder

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Description

1918-D Lincoln Cent, MS67 Red
The Sole Finest Known

1918-D 1C MS67 Red PCGS. This 1918-D Lincoln cent is the finest known, the only Superb Gem example with fully brilliant red mint luster. Housed in a green-label PCGS holder, this example has virtually flawless surfaces with bold design motifs. Lincoln's hair and beard are fully defined, as are the wheat ears on the reverse. At PCGS Coin Facts, Ron Guth comments:

"The key aspect of this date is the strike quality. At Denver, dies were used even after they became worn, thus many 1918-D cents have mushy details or surface granularity. When seeking out a 1918-D cent, look for examples with a crisp strike and hard, lustrous surfaces."

The present piece meets all of those demands laid out by Mr. Guth. In addition, there are no spots or other marks of any sort on either side. Two trivial toning lines are evident right of the E in ONE, and are the only distractions on this amazing cent.

The branch mint Lincoln cents of the teens and twenties are typically below average for design details as the dies were typically spaced a trifle too far apart in an effort to increase the actual life of those dies. As dies were engraved in Philadelphia and then shipped to the branch mints, officials in Denver and San Francisco had to make them last, or production halted completely. That was not an option.

As the single finest 1918-D Lincoln cent certified by either service, this offering represents an extremely important opportunity for the advanced collector. The only other auction appearance of this coin that we have located was in our February 1994 Long Beach Signature sale.(Registry values: N4719)

Coin Index Numbers: (NGC ID# 22BW, PCGS# 2509, Greysheet# 1852)

Weight: 3.11 grams

Metal: 95% Copper, 5% Tin and Zinc

View Certification Details from PCGS