1923-S 1C, RB MS(PCGS#2547)

Spring 2025 Showcase Auction U.S. Coins

Auctioneer

Stack's Bowers

Lot Number

2171

Grade

MS64RB

Price

2,040

Lot Description

As with many earlier issues from the 1920s, the 1923-S is one of the more notable condition rarities in the entire Lincoln series. Only 8,700,000 cents were struck at San Francisco that year, but thanks in part to hoarding in later years, the 1923-S is generally available in the lowest circulated grade levels, although it becomes progressively scarcer up through the About Uncirculated levels. In Mint State preservation, this is an especially challenging issue even at the lower end of that scale. Poorly defined details are the norm, thanks in part to heavily worn dies. Most specimens possess a streaky brown and red woodgrain appearance even at the very highest levels of preservation, the result of poorly mixed metal in the planchets. Uncirculated specimens with crisp details and even color such as this PCGS MS-64 RB are exceptional and eagerly sought on those rare occasions when they are available.