1950-P (Philadelphia) Lincoln Cents - Wheat Reverse

Coin / United States of America / 1950 / Philadelphia / Lincoln Cents - Wheat Reverse / 1¢ (One Cent, Penny)

The coin in question is a 1950 Lincoln Cent, often referred to as a penny, which features the iconic Wheat Reverse design. This particular coin was minted at the Philadelphia Mint, identifiable by its lack of a mint mark. It has a diameter of 19 mm and a weight of approximately 3.11 grams, crafted from bronze, which is characteristic of pennies produced before 1982. With a significant mintage of 272,686,386 coins, the 1950 Lincoln Cent is relatively common among collectors. The obverse showcases President Abraham Lincoln’s profile, while the reverse, known as the Wheat Reverse, displays two stalks of wheat, symbolizing the nation’s agrarian roots. In terms of numismatic grading, the coin's condition can significantly affect its value, which varies from a few cents for lower grades to several dollars for those in excellent or uncirculated condition. As a piece of American currency, this coin not only holds collectible value but also serves as a tangible link to the country's economic history during the mid-20th century.