1931-D Lincoln Wheat Cent 1C NGC MS64BN
A 1931-D Lincoln Wheat Cent graded MS64BN by NGC is a relatively scarce and valuable coin, according to NGC. The “MS64” indicates a Mint State 64 grade, meaning it is in excellent condition with only minor imperfections. The “BN” refers to its color, which is brown.
Here’s why it’s valuable:
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Low Mintage:The 1931-D cent had a mintage of 4,480,000, which is relatively low compared to other Lincoln Wheat Cents, making it a desirable coin for collectors according to NGC.
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Denver Mint:The “D” designation signifies that the coin was minted at the Denver Mint, which is known for producing fewer coins compared to other mints during certain periods.
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NGC Grading:Coins graded by NGC, a respected grading service, are considered to be in higher quality and are more sought after by collectors than uncertified coins.
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High Condition:An MS64 grade indicates the coin is in excellent condition with minimal wear, making it more valuable.
Value:
While the exact value can fluctuate based on market conditions and the specific condition of the coin, an MS64BN 1931-D Lincoln Wheat Cent is generally worth a few hundred dollars, according to eBay. You can find prices for similar coins on online marketplaces like eBay.
