If you've found the exact coin displayed on the PCGS website when searching for a PR68RD 1956 Red Wheat Lincoln Penny, it holds a unique significance for several reasons:
Proof Grade (PR68RD): A PR68RD grade indicates that the coin has been graded as a Proof coin with a Red designation by PCGS. The PR designation stands for "Proof," indicating that the coin was specially struck for collectors using polished dies and planchets. The number 68 denotes an exceptional grade, with very few imperfections visible even under magnification. The "RD" designation signifies that the coin retains its original red color, which is highly desirable among collectors.
1956 Red Wheat Lincoln Penny: The 1956 Lincoln Wheat Penny is part of the iconic Lincoln Cent series, which has been immensely popular among collectors since its introduction in 1909. The Wheat Reverse design, featuring two stalks of wheat framing the words "ONE CENT," was used on Lincoln Cents from 1909 to 1958. The red coloration of the coin indicates that it has retained its original copper color, rather than toning or discoloring over time.
Exact Coin Displayed on PCGS Website: The fact that the coin you have matches the example displayed on the PCGS website adds a unique element of validation and authentication. It confirms that the coin has been certified and graded by PCGS, a reputable third-party grading service highly regarded in the numismatic community.
Condition and Rarity: A PR68RD grade is exceptional for any coin, indicating a virtually flawless appearance even to the trained eye. Such high-grade examples are relatively rare, particularly for coins from earlier periods like the 1950s. The combination of the high grade, original red color, and the specific date and mintmark further enhances the coin's rarity and desirability among collectors.
Collectability and Value: Coins in top grades like PR68RD are highly sought after by collectors, and possessing an example that is not only rare but also serves as a reference on the PCGS website can significantly increase its collectability and value.
In summary, owning the exact PR68RD 1956 Red Wheat Lincoln Penny displayed on the PCGS website provides validation of its grade, authenticity, and rarity, making it a prized possession for any serious collector of Lincoln Cents or high-grade numismatic coins.
PR68RD 1956 RED WHEAT LINCOLN PENNY 1c PCGS
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SKU: 1956 PR68 Lincoln Cent
$450.00Price
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