Lincoln Shield Cent, A Modern Collectible from 2010 to Present

In 2010, the Lincoln Shield Cent was introduced, marking the continuation of the Lincoln cent series’ illustrious history. The Lincoln Memorial reverse design, which had been in use since 1959, was replaced by this coin, which depicts Abraham Lincoln on the obverse. The Union emblem on the reverse of the emblem Cent serves as a representation of Lincoln’s endeavors to preserve the Union during the Civil War. This design maintains the U.S. Mint’s tradition of commemorating significant national themes by honoring both Lincoln’s legacy and the nation’s unity.

Historical Context and Origins

The Lincoln Shield Cent was established as part of the Presidential $1 Coin Act of 2005, which was designed to commemorate U.S. presidents and other significant historical events. Lincoln’s contribution to the preservation of the United States during the Civil War was symbolized by the addition of a Union emblem to the reverse of the coin in 2010.

Multiple alternatives were considered during the design selection process, including a wheat sheaf design that was ultimately declined due to its resemblance to Germany’s 1924 2-pfennig coin. The shield design was selected for its potent symbolism of unity, which includes 13 vertical stripes that represent the original colonies and a single horizontal bar that symbolizes the nation’s strength. The motif of unity is emphasized by the prominent inscription of the motto “E Pluribus Unum,” which translates to “Out of many, one.”

Lincoln Shield Cent Design

  • Obverse Design: The Lincoln Shield Cent’s obverse showcases the iconic portrait of Abraham Lincoln, which was originally designed by Victor David Brenner in 1909. This was the first U.S. coin to depict a real individual. Above Lincoln’s head, the phrase “In God We Trust” is displayed, with the year and mintmark to the right and “Liberty” to the left. It is worth noting that the Philadelphia Mint added a “P” mintmark in 2017 to commemorate its 225th anniversary, making 2017 the sole year in which Philadelphia-minted Lincoln cents had a mintmark.
  • Reverse Design: The Lincoln Shield Cent’s reverse design serves as a poignant reminder of the nation’s unity, with the shield representing Lincoln’s commitment to the preservation of the Union. The horizontal bar signifies the fortitude of the unified nation, while the 13 vertical stripes symbolize the original colonies. The theme of national unity is further emphasized by the inclusion of the inscription “E Pluribus Unum” in this design.
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Figures for Minting and Mintage

Three primary mints—Philadelphia (P), Denver (D), and San Francisco (S)—have been producing the Lincoln Shield Cent continuously since 2010. The 2017-P cent, which was issued as part of the Philadelphia Mint’s anniversary commemoration, is the only exception to the rule that most Philadelphia-minted coins lack a mintmark.

Philadelphia and Denver manufacture both circulation-quality and uncirculated coins, while the San Francisco Mint produces proof coinage. Proof editions are highly regarded by collectors due to their mirror-like surfaces and crisp details.

Composition and Value

The Lincoln Shield Cent is predominantly made of zinc (97.5%) and has a copper coating (2.5%). Each coin has a diameter of 19 mm and a weight of approximately 2.5 grams. Although the coin maintains its face value in general circulation, its value may rise in uncirculated or proof condition. For instance, a 2010-S Proof Lincoln Cent in impeccable condition could be valued at approximately $3, while a 2019-W Reverse Proof could be sold for as much as $10.

Special Editions and Notable Varieties

Collectors have been drawn to a variety of special editions and varieties of the Lincoln Shield Cent:

  • In honor of the 225th anniversary of the Philadelphia Mint, the 2017-P Lincoln cent is the first to bear the “P” mintmark. Collectors were taken aback by the sudden publication of this edition, which was not previously announced.
  • 2019-W: The West Point Mint produced Uncirculated, Proof, and Reverse Proof Lincoln Shield Cents, which were included in exclusive Mint packages. Collectors have developed an intense interest in these currencies.
  • Furthermore, the scarcity of a variety of error coins, including those with die fractures, off-center strikes, and duplicate dies, can result in premiums being paid.
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Ongoing Debates and the Future of the Penny

The future of the penny is a topic of ongoing debate, despite the Lincoln Shield Cent’s iconic stature. With the U.S. Mint estimating production costs at 1.82 cents per coin, the cost of producing each penny exceeds its nominal value. Although there have been ongoing discussions regarding the abolition of the cent, no formal legislation has been enacted to end its circulation.

The Lincoln cent design will endure another redesign in 2026 as part of the U.S. Semiquincentennial (250th Anniversary). Nevertheless, it is uncertain whether the Shield design will be reinstated following this modification.

The Lincoln Shield Cent is a collectible coin with substantial historical value and serves as a reminder of Lincoln’s contributions in U.S. numismatics. It is a staple for collectors due to its enduring design and the increasing popularity of its special editions.

FAQ’s

What makes the 2017-P Lincoln Shield Cent unique?

in honor of the 225th anniversary of the Philadelphia Mint, the 2017-P cent was the sole Lincoln cent to feature the “P” mintmark.

What is the composition of the Lincoln Shield Cent?

The coin is made of 97.5% zinc and 2.5% copper.

Are Lincoln Shield Cents valuable?

They are valued at their face value when they are circulated. Nevertheless, collectors may find uncirculated coins and special editions such as Proofs to be more valuable.

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