1946-D Lincoln Cent graded PCGS MS65RD – This is a highly desirable coin for collectors of Lincoln Cents due to its high grade and vibrant original color.
Let’s break down what each part means:
- 1946-D 1c Lincoln Cent:
- 1946: The year of mintage.
- D: The mint mark, indicating it was struck at the Denver Mint.
- 1c: Denotes a one-cent coin.
- Lincoln Cent: The familiar U.S. penny featuring Abraham Lincoln on the obverse. The 1946 Lincoln Cent is a common date, meaning a large number were produced.
- PCGS (Professional Coin Grading Service): This is one of the two leading third-party coin grading services in the world (the other being NGC). PCGS is highly respected for its strict grading standards, consistency, and market liquidity. Coins graded by PCGS (and NGC) generally command higher prices and are more readily traded than those from other services or raw (ungraded) coins.
- MS65RD: This is the specific grade and color designation:
- MS (Mint State): This means the coin is uncirculated and has no wear from being in circulation. It retains its original mint luster.
- 65: This is the numerical grade on the Sheldon coin grading scale (from 1 to 70). An MS65 coin is considered a Gem Uncirculated coin. It will exhibit full original luster, a sharp strike, and only a few minor contact marks or blemishes that are not distracting to the overall eye appeal. It’s a premium grade for a business strike coin.
- RD (Red): This is a critical color designation for copper coins. “RD” signifies that the coin retains 95% or more of its original vibrant red copper color. This is the most desirable and valuable color designation for copper coins, as it indicates excellent preservation and minimal toning or oxidation over time. The other common designations are “RB” (Red-Brown) and “BN” (Brown).
Value:
While the 1946-D is a common date, achieving an MS65RD grade from PCGS makes it a sought-after coin. The “RD” designation significantly increases its value compared to an “RB” or “BN” coin of the same grade.
Based on current market data (as of late June 2025), a 1946-D Lincoln Cent PCGS MS65RD typically sells in the range of $20 to $40.
Factors influencing the exact value:
- Eye Appeal: Even within the same grade, some coins have superior eye appeal due to exceptional luster, a particularly strong strike, or a complete absence of any distracting imperfections. A “PQ” (Premium Quality) example might lean towards the higher end of the range.
- Dealer vs. Auction: Prices can vary between direct sales from dealers (who factor in their overhead and profit) and auction results (which can fluctuate based on bidding competition).
- Market Demand: While not a “key date,” strong demand for high-grade Lincoln Cents can push prices higher.
For the most up-to-date and precise valuation, it’s always recommended to consult PCGS CoinFacts (their online price guide and population reports) and recent auction results on reputable platforms.