USA 1 cent Lincoln Wheat Penny 1957

USA, Philadelphia
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Rarity

Common

Attributes of Coins

RegionUSA
Denomination1 cent
Krause numberKM# 132
Mintage1,247,952
MetalBronze
thickness1.55 mm
diameter19.05 mm
weight3.11 g
Obverse:
coin obverse image
Head of state
Description:
Abraham Lincoln (16th President of the USA)
Creators:
Victor David Brenner (VDB)
IN GOD WE TRUST
LIBERTY
Reverse:
coin reverse image
Plant
Description:
Ears
Creators:
Victor David Brenner (VDB)
E PLURIBUS UNUM
ONE CENT
UNITED STATES OF AMERICA

Introduction of Coins

Proof set sales again nearly doubled from the previous year, but a figure of more than a million proof sets seemed to scare many in the coin business. The speculative market in such coins collapsed under the weight of overproduction, and this set was a drug on the market for the next 20 years.  This immense mintage resulted in a large population of fully red gems, but most of these have little or no contrast. Cameo pieces are not rare, but Ultra Cameo specimens are very rare in relation to the total mintage.Read More
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