Stack's Bowers Galleries

Spring 2025 Auction  –  31 March - 4 April 2025

Stack's Bowers Galleries, Spring 2025 Auction

Live Sessions: U.S. Coins and Currency, Physical Cryptocurrency

Part 1: Mo, 31.03.2025, from 6:00 PM CEST
Part 2: Tu, 01.04.2025, from 5:00 PM CEST
Part 3: Tu, 01.04.2025, from 11:00 PM CEST
Part 4: We, 02.04.2025, from 6:00 PM CEST
Part 5: Th, 03.04.2025, from 6:00 PM CEST
Part 6: Th, 03.04.2025, from 8:00 PM CEST
Part 7: Fr, 04.04.2025, from 12:00 AM CEST
Part 8: Fr, 04.04.2025, from 8:00 PM CEST
The auction is closed.

Description

1943-S Lincoln Cent. MS-68+ (NGC). CAC.
Virtually pristine, this bright frosty to semi-reflective Ultra Gem offers superior technical quality and outstanding eye appeal. The entry of the United States into the Second World War shifted the focus of the American economy toward the war effort. The production of Lincoln cents consumed a substantial quantity of copper, a valuable strategic metal in the production of ammunition, especially shell casings. The Treasury Department experimented with several different alternative compositions, including aluminum, plastic, pressed fiber (a material already being used in the production of coal scrip and OPA ration tokens), and even various forms of glass. Ultimately, zinc-coated steel was selected and all three mint facilities got to work coining hundreds of millions of steel cents, of which San Francisco produced the fewest at 191,550,000 pieces. Unfortunately, the two metals employed (zinc and steel) reacted with one another, especially in damp or humid environments, which caused the coins to quickly discolor, form spots of zinc corrosion, and even rust. In the end this metallic composition was only used in 1943, creating a one-year type (the famous off-metal strikings of the date notwithstanding). Today, steel cents are among the best known of all Lincoln cents and have been popular with collectors since the time of issue. While readily available in Mint State, most display the aforementioned spotting, marring what would otherwise be high quality surfaces. The 1943-S is scarcer than the 1943 and 1943-D cents in terms of total number of Mint State coins extant. This is one of the finest certified examples of this San Francisco Mint issue that we have ever had the privilege of bringing to auction, it is a simply breathtaking coin that is sure to fetch a strong price from a discerning collector.
PCGS# 2717. NGC ID: 22E8.
NGC Census: 17; finer. The corresponding PCGS Population is 6/0.

Estimate: $10000

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Bidding

Price realized 6'000 USD
Starting price 1 USD
Estimate 10'000 USD
The auction is closed.
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