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1961 1 Cent Coin American Graded PR 70 by SGS

Posted in on April 20 2024 at 05:50 AM
The 1961 1 cent coin American graded PR 70 by SGS is a highly sought-after coin among collectors. This rare and valuable piece is known for its impressive design and impeccable condition, making it a must-have for any serious coin collector. In this article, we will take a closer look at the history, design, and value of this special coin. History The 1 cent coin, commonly known as a penny, has been a staple in American currency since the late 1700s. The 1961 1 cent coin was produced by the United States Mint, which has been responsible for the production of all American coins since its establishment in 1792. The 1961 penny was part of the Lincoln Memorial series, which was introduced in 1959 to commemorate the 150th anniversary of Lincoln's birth. Design The front of the 1961 1 cent coin features the bust of President Abraham Lincoln, who has been honored on the penny since 1909. The words "In God We Trust" and "Liberty" can also be seen on the front, along with the year of mintage. The back of the coin showcases the iconic Lincoln Memorial, with the words "United States of America" and "E PLURIBUS UNUM" surrounding it. One of the most distinguishing features of this coin is its Proof state. A Proof coin is a special version of a coin that is struck using polished dies and has a mirror-like finish. These coins are specifically made for collectors and are not intended for circulation. The stunning finish of the 1961 1 cent coin is a testament to the craftsmanship of the United States Mint. Value and Grading When it comes to coins, condition is everything. The 1961 1 cent coin graded PR 70 by SGS is considered to be in perfect condition. This means that the coin has no trace of wear and tear, scratches, or any other imperfections. Only a select few coins receive a PR 70 grade, making them highly valuable and sought after by collectors. SGS (Strategic Grading System) is one of the most reputable third-party grading services that evaluates and certifies coins based on their condition. Coins graded by SGS have a higher value and are preferred by collectors as they guarantee the authenticity and condition of the coin. The 1961 1 cent coin American graded PR 70 by SGS is a rare and valuable coin that can fetch a high price at auctions or by private buyers. Its value can also appreciate over time, making it a wise investment for serious coin collectors. In conclusion, the 1961 1 cent coin American graded PR 70 by SGS is a highly sought-after coin for its historical significance, flawless design, and perfect condition. Whether you are a seasoned collector or just starting out, this coin is a must-have for any collection. Its rarity and value make it a prized possession that will only increase in worth in the years to come.
Product Details
Category:
Serial Number:
0
Directory Type:
My collection
Counter:
1
Estimate Price:
$59.83
Approx:
$59.83
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Listing Creator
Lee Provost
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