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1981-S Type-1 Lincoln Cent PCGS PR69 RD(Red) DCAM(Deep Cameo)- Fading Blue Insert Label. 
Coin Holders are latest version of PCGS.
Authenticity verified.

History:
The Lincoln cent (sometimes called the Lincoln penny) is a one-cent coin that has been struck by the United States Mint since 1909. The obverse  or heads side depict President Abraham Lincoln  in profile and  the original reverse, depicting two stalks of wheat (thus "wheat pennies", struck 1909–1958). The coin has seen several reverse, or tails, designs and now bears Union shield.

Originally struck in 95% copper, the cent coin was changed for one year to Zinc coated Steel in 1943 due to shortage of copper during world war 2.Copper was needed to aid in the war effort. The mint then reverted to 95% copper until 1982, when inflation made copper too expensive and the composition was changed to zinc with an outer copper layer. Wheat reverse was replaced in 1959 by Lincoln Memorial design. The Lincoln Memorial reverse was itself replaced in 2009 by four commemorative designs marking  the bicentennial of Lincolns birth. Beginning in 2010, Shield design was introduced.

Reverse Design and changes:
  • Wheat Cent- 1909 to 1958.
  • War time Cent-1943.
  • Lincoln Memorial Cent-1959 to 2008. 
  • Lincoln Bicentennial Cents-2009.
  • Lincoln Shield Cent- introduced in 2010.
Difference between 1981-Type 1 & Type 2-Best seen in mint mark S (San Francisco)

The 1979 Clear S mint mark is denoted by collectors as the Type 1 S mint mark on 1981 coinage and was replaced by the Type 2 S mint mark when dies were recut with the new S mint mark in late 1981. The differences between the Type-1  and Type- 2  S mint marks can be seen below:



The 1981-S Type 1 mint mark on the left is less clearly defined and   lacks sharp serifs.                                                                                                                                                                                      The 1981-S Type 2 mint mark on the right is not only more well clarified but is known for its bulbous serifs, which may be the easiest diagnostic to spot on this latter mint mark variation for 1981. Courtesy of PCGS TrueView..

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