1932-P (Philadelphia) Lincoln Cents - Wheat Reverse

Coin / United States of America / 1932 / Philadelphia / Lincoln Cents - Wheat Reverse / 1¢ (One Cent, Penny)

The coin in question is a 1932 Lincoln Cent, commonly known as a penny, featuring the classic Wheat Reverse design. Minted at the Philadelphia Mint, this coin has a 'P' mint mark, indicating its origin from that facility. Struck in bronze, the penny has a weight of approximately 3.11 grams and a diameter of 19 millimeters. The 1932 Lincoln Cent is part of the larger series of Wheat Cents, which originally debuted in 1909 and continued until 1958. With a total mintage of 9,062,000, this particular year is among the generally common dates within the Wheat Cent series, yet it is a popular choice among collectors due to its classic design and historical relevance. In terms of appearance, the obverse features the profile of President Abraham Lincoln, while the reverse showcases two wheat ears, a design that symbolizes agricultural abundance. As a one-cent coin, this piece represents a very low denomination, being part of everyday transactions in its time. Overall, the 1932 Lincoln Cent holds significance not just for its numismatic value but also for its role in American history and coinage. In terms of grading and valuation, the condition of the coin greatly affects its desirability and price, ranging from lower grades with significant wear to well-preserved specimens that could fetch higher amounts among collectors.