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1958 Lincoln Cent NGC PF67 RD: A Gem Proof Piece of American History
The 1958 Lincoln Cent NGC PF67 RD is a highly sought-after coin amongst collectors, prized for its exceptional condition and historical significance. This specific piece has been graded by the Numismatic Guaranty Corporation (NGC) as PF67 RD, indicating it is a Gem Proof coin with a Red color designation. Let's delve deeper into the details of this remarkable piece and explore its unique history.

Description:

  • Year: 1958
  • Denomination: 1 Cent
  • Variety: Lincoln Wheat Cent
  • Grading Service: NGC
  • Grade: PF67 RD (Gem Proof, Red)
  • Mintmark: No mintmark (Philadelphia)
  • Material: Copper
  • Diameter: 19.05 mm
  • Weight: 2.5 grams
  • Designer: Victor David Brenner (obverse), Lincoln Memorial (reverse)
Key Features:

  • Gem Proof Condition: This coin exhibits exceptional sharpness, flawless surfaces, and brilliant mint luster, signifying it was never circulated and carefully struck at the mint.
  • Red Designation: The "RD" indicates a vibrant red color on the coin, a highly desirable quality for Lincoln Cents.
  • NGC Certification: The grading by NGC guarantees the coin's authenticity and condition, adding value and trust for collectors.
  • Historical Significance: 1958 marked the final year of the Lincoln Wheat Cent design before transitioning to the Lincoln Memorial design in 1959. This makes the 1958 issue particularly collectible.
History:

The Lincoln Cent, featuring the iconic design by Victor David Brenner, was first minted in 1909. The 1958 iteration remained true to the original design, showcasing Abraham Lincoln's portrait on the obverse and two wheat stalks surrounding the denomination on the reverse. However, due to rising metal costs, the composition changed from bronze to copper plated zinc in 1943, impacting the coin's color and weight.

The production of Lincoln Wheat Cents ceased in 1958, paving the way for the Lincoln Memorial design introduced the following year. This historical shift makes the 1958 issue, especially in Gem Proof condition, even more valuable to collectors seeking the final year of the classic design.

Value:

The value of a 1958 Lincoln Cent NGC PF67 RD can vary depending on several factors, including:

  • Specific details of the coin's grading report: Slight variations in grade or color designation can impact value.
  • Market fluctuations: The overall demand for rare coins can influence individual prices.
  • Seller reputation and authenticity guarantees: Trustworthy sellers with verifiable provenance command higher prices.
  • As a highly graded and historically significant piece, a 1958 Lincoln Cent NGC PF67 RD can fetch a premium price amongst collectors. However, conducting thorough research and consulting with reputable coin dealers is crucial before making any investment decisions.

In Conclusion:

The 1958 Lincoln Cent NGC PF67 RD is a captivating piece of American numismatic history, combining exceptional condition, historical significance, and collector appeal. Its rarity and quality make it a valuable addition to any coin collection, offering a tangible connection to the past and the evolution of American coinage.