The 1996 S 1 Cent Coin American Graded PR 70 by ICQ is a rare and valuable coin that is highly sought after by collectors and investors. This coin, also known as the 1996-S Proof Lincoln Cent, is one of the finest examples of a proof coin and is graded PR70 by the International Coin Quality (ICQ) organization.
The 1996 S 1 Cent Coin is part of the long-running Lincoln Cent series, which has been in circulation since 1909. However, this particular coin was only minted in proof quality as part of a special commemorative set released in 1996. Proof coins are struck multiple times with specially polished dies, resulting in a highly reflective and flawless surface.
The ICQ is a leading organization in the numismatic community that specializes in grading and authenticating coins. The PR70 grade is the highest possible grade for a proof coin, meaning it has no visible imperfections and is considered to be in perfect condition. This makes the 1996-S Proof Lincoln Cent even more valuable and desirable among collectors.
What makes the 1996-S Proof Lincoln Cent even more special is its mintage. The United States Mint only produced 1,716,275 of these coins, making it one of the scarcer proof Lincoln Cents in the series. Of that total, only a small fraction received the coveted PR70 grade from the ICQ, making it a truly rare and highly sought-after coin.
The design of the 1996-S Proof Lincoln Cent is the same as the regular 1996 Lincoln Cent, featuring the iconic bust of President Abraham Lincoln on the obverse and the Lincoln Memorial on the reverse. However, the proof version of this coin has a stunning mirrored finish and a deeper strike, giving it a more detailed and polished appearance.
The 1996-S Proof Lincoln Cent is not only valued by coin collectors, but it also holds a special significance for history buffs. 1996 marked the 83rd anniversary of the Lincoln Memorial and this coin was issued to commemorate this important event in American history.
In addition to its rarity and significance, the 1996-S Proof Lincoln Cent also holds an important place in the world of coin investment. Its value has steadily risen over the years and continues to do so, making it a smart choice for those looking to diversify their investment portfolios with tangible assets.
In conclusion, the 1996 S 1 Cent Coin American Graded PR 70 by ICQ is a remarkable coin that is prized for its rarity, perfect condition, and historical significance. Whether you are a collector, investor, or history enthusiast, this coin is a must-have in any collection. With its limited mintage and highly sought-after PR70 grade, this coin is truly a treasure for any numismatist.