1931-S 1C, RD MS64RD Certification #01565373, PCGS #2620

CoinFacts Details

Expert Comments

Jaime Hernandez

The 1931-S is the second lowest mintage in the entire Lincoln cent series. The mintage of the 1931-S Linoln cents were revealed soon after they were struck and those who knew about the low mintage, would usually hoard the coins.

Consequently, since the early 1930's the coins became very scarce in circulation. In fact, during that time some collectors reported finding a 1909-S V.D.B. Lincoln cent in circulation, but they never found a 1931-S.

Because of it's low mintage and all of the hoarding, the 1931-S Lincoln cent can be purchased in uncirculated grades fairly easy. The monetary spread between grades of this coin is very thin. In circulated grades it trades at very close premiums and in MS60 to MS64 grade examples can also be purchased for just about the same price.

Walter Breen indicates that an individual by the name of Maurice Sharlack single handedly acquired a hoard of 200,000 Uncirculated 1931-S Lincoln cents.

Circulated coins to MS64 coins can be purchased without much trouble. In MS65 grades, they are less common but still obtainable. Many of the MS66’s are of average quality. Finding an MS66 of high end quality or better, will definitely require a lot of searching.

Ron Guth

According to a notice in the June 1934 issue of The Numismatist (p. 416), collectors could still purchase Uncirculated 1931-S Cents for "the face value of the coins and an amount sufficient to cover the mail charrges by first-class mail."

PCGS #

2620

Designer

Victor David Brenner

Edge

Plain

Diameter

19.00 millimeters

Weight

3.11 grams

Mintage

866000

Metal

95% Copper, 5% Tin and Zinc

Pop Higher

1254

Pop Lower

332

Region

The United States of America

Price Guide

PCGS Population

Auctions - PCGS Graded

Auctions - NGC Graded

Rarity and Survival Estimates Learn More

Grades	Survival Estimate The Survival Estimate represents an average of one or more experts opinions as to how many examples survive of a particular coin in three categories: 1) all grades, 2) 60 or better, and 3) 65 or better. These estimates are based on a variety of sources, including population reports, auction appearances, and personal knowledge. Survival estimates include coins that are raw, certified by PCGS, and certified by other grading services.	Numismatic Rarity Numismatic Rarity converts the Survival Estimate for a particular coin into a number from 1 to 10 (with decimal increments) based on the PCGS Rarity Scale. The higher the number, the more rare the coin.	Relative Rarity by Type Relative Rarity By Type ranks the rarity of this coin with all other coins of this Type. Lower numbers indicate rarer coins.	Relative Rarity by Series Relative Rarity By Series ranks the rarity of this coin with all other coins of this Series. Lower numbers indicate rarer coins.
65 or Better	8000	R-3.4	90 / 143 TIE	90 / 146 TIE
All Grades	8000	R-3.4	90 / 143 TIE	90 / 146 TIE
60 or Better	2750	R-4.4	70 / 143 TIE	70 / 146 TIE

Survival Estimate The Survival Estimate represents an average of one or more experts opinions as to how many examples survive of a particular coin in three categories: 1) all grades, 2) 60 or better, and 3) 65 or better. These estimates are based on a variety of sources, including population reports, auction appearances, and personal knowledge. Survival estimates include coins that are raw, certified by PCGS, and certified by other grading services.
65 or Better	8000
All Grades	8000
60 or Better	2750

Numismatic Rarity Numismatic Rarity converts the Survival Estimate for a particular coin into a number from 1 to 10 (with decimal increments) based on the PCGS Rarity Scale. The higher the number, the more rare the coin.
65 or Better	R-3.4
All Grades	R-3.4
60 or Better	R-4.4

Relative Rarity by Type Relative Rarity By Type ranks the rarity of this coin with all other coins of this Type. Lower numbers indicate rarer coins.
65 or Better	90 / 143 TIE
All Grades	90 / 143 TIE
60 or Better	70 / 143 TIE

Relative Rarity by Series Relative Rarity By Series ranks the rarity of this coin with all other coins of this Series. Lower numbers indicate rarer coins.
65 or Better	90 / 146 TIE
All Grades	90 / 146 TIE
60 or Better	70 / 146 TIE

Condition Census Learn More

Pos	Grade	Thumbnail	Pedigree and History
1	MS66RD PCGS grade
1	MS66RD PCGS grade
1	MS66RD PCGS grade
1	MS66RD PCGS grade
1	MS66RD PCGS grade

#1 MS66RD PCGS grade