The 1954 1 cent coin American graded MS 67 RD by ANI is a rare and highly sought-after coin among collectors. This coin is in exceptional condition, having been graded MS 67 by the American Numismatic Institute (ANI). Let’s take a closer look at the history and features of this remarkable coin.
History
The 1 cent coin, also known as the “penny”, was first minted in the United States in 1793. The coin has undergone several design changes over the years, including the iconic “Lincoln Cent” design featuring the profile of President Abraham Lincoln on the obverse (front) and a depiction of the Lincoln Memorial on the reverse (back). The 1954 1 cent coin with the Lincoln design was produced at the Philadelphia, Denver, and San Francisco Mints, with a total mintage of over two billion.
Features
The 1954 1 cent coin has a diameter of 19mm and is composed of 95% copper and 5% zinc. The obverse features a portrait of Abraham Lincoln facing to the right, with the words “In God We Trust” above and the date “1954” below. The reverse design showcases the Lincoln Memorial building with the inscriptions “United States of America” and “E Pluribus Unum” (meaning “Out of many, one”) above and “One Cent” below.
Grading by ANI
The American Numismatic Institute (ANI) is a prominent institution that specializes in the certification and grading of coins. Coins are graded on a scale of 1 to 70, with 70 being the highest grade possible. A coin graded MS 67 means it is in almost perfect condition with only minor imperfections, making it a highly collectible and valuable piece.
Value and Rarity
As mentioned earlier, the 1954 1 cent coin was minted in large quantities, making it a common coin. However, finding one in MS 67 condition is extremely rare and highly coveted by collectors. Due to its high grade and rarity, this coin can fetch a considerable premium compared to its face value.
Investing in the 1954 1 cent coin graded MS 67 RD by ANI can be a wise decision for numismatic enthusiasts and investors alike. With its rarity and high grade, this coin is not only a valuable addition to any collection but also a sound investment that is likely to increase in value over time.
In conclusion, the 1954 1 cent coin American graded MS 67 RD by ANI is a highly desirable and valuable coin among collectors. With its rich history, iconic design, and rarity, it is a must-have for any serious coin collector. So if you happen to come across one of these coins in top condition, be sure to add it to your collection – it’s a real treasure that will only increase in value as time goes by.