Price Guide for 1924 Cent Variants
This guide presents price ranges for variants from three sources: eBay sales, third-party auctions, and PCGS guides. Values are shown for various conditions, allowing collectors to compare across different market segments. Price estimates may vary between sources, especially for rarer variants.
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3rd Party PriceCirculated: $52.00Uncirculated: $127.00 – $45,600.00
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eBayCirculated: $41.00 – $184.95Uncirculated: $2,399.99 – $3,200.00
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PCGS Price GuideUncirculated: $200.00 – $37,500.00
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3rd Party PriceCirculated: $16.00 – $690.00Uncirculated: $4.50 – $3,960.00
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eBayCirculated: $10.40 – $407.00Uncirculated: $132.00 – $1,050.00
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PCGS Price GuideCirculated: $20.00 – $310.00Uncirculated: $325.00 – $2,500.00
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3rd Party PriceCirculated: $190.00 – $24,000.00Uncirculated: $34.00 – $38,238.00
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eBayUncirculated: $41.00 – $2,350.00
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PCGS Price GuideUncirculated: $35.00 – $54,000.00
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3rd Party PriceCirculated: $10.00 – $1,000.00Uncirculated: $3.80 – $3,172.50
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eBayCirculated: $3.25 – $275.00Uncirculated: $62.00 – $2,090.00
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PCGS Price GuideCirculated: $1.00 – $150.00Uncirculated: $175.00 – $10,000.00
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3rd Party PriceCirculated: $12.00 – $825.00Uncirculated: $207.00 – $19,550.00
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eBayCirculated: $47.00 – $187.95Uncirculated: $725.00 – $2,125.00
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PCGS Price GuideUncirculated: $350.00 – $60,000.00
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3rd Party PriceCirculated: $10.00 – $15.00Uncirculated: $14.00 – $130.00
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eBayCirculated: $4.67 – $125.00Uncirculated: $11.50 – $247.45
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PCGS Price GuideCirculated: $1.00 – $26.00Uncirculated: $28.00 – $500.00
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3rd Party PriceUncirculated: $0.50 – $600.00
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eBayUncirculated: $33.35 – $690.00
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PCGS Price GuideUncirculated: $30.00 – $650.00
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3rd Party PriceUncirculated: $167.00 – $7,119.00
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eBayUncirculated: $38.90 – $2,099.99
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PCGS Price GuideUncirculated: $325.00 – $6,500.00
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3rd Party PriceCirculated: $400.00 – $600.00Uncirculated: $86.00 – $3,818.75
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eBayUncirculated: $185.00 – $2,950.00
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PCGS Price GuideUncirculated: $175.00 – $2,750.00
Design and Specifications of the 1924 Cent
The 1924 Lincoln Cent continued the iconic design introduced in 1909 to commemorate the 100th anniversary of Abraham Lincoln’s birth. This year marked the 15th anniversary of the Lincoln Cent, which had become a staple of American coinage and commerce.
The coin’s design remained unchanged from previous years, featuring Victor D. Brenner’s profile of Lincoln on the obverse and the distinctive wheat ears on the reverse, which would continue until 1958.
| Weight | 3.11 grams |
|---|---|
| Diameter | 19.05 mm |
| Mint Marks | None (Philadelphia), D (Denver), S (San Francisco) |
| Composition | 95% copper, 5% tin and zinc |
| Obverse Design | Lincoln portrait facing right, designed by Victor D. Brenner |
| Reverse Design | Wheat ears flanking ONE CENT and UNITED STATES OF AMERICA, designed by Victor D. Brenner |
Rarity Factors and Value Drivers
Condition plays a crucial role in the value of 1924 Lincoln Cents. Coins in uncirculated condition (MS60 or higher) are significantly more valuable than circulated examples. The Denver mint issue, in particular, sees a dramatic increase in value for high-grade specimens due to its low mintage.
For all mint marks, coins with full original mint luster and minimal contact marks command premium prices. The presence of original red color is highly desirable, with full red examples (RD) being the most valuable, followed by red-brown (RB), and then brown (BN) specimens.
Mintage: 75,178,000
Rarity Scale: Common
Circulation Status: Widely Circulated
Preservation Rarity: Scarce in grades MS65 and above
Varieties Errors: None significant
Market Demand: Moderate, higher for well-preserved specimens
Mintage: 2,520,000
Rarity Scale: Scarce
Circulation Status: Moderate Circulation
Preservation Rarity: Rare in grades MS65 and above
Varieties Errors: None significant
Market Demand: High, especially for higher grades
Mintage: 11,696,000
Rarity Scale: Uncommon
Circulation Status: Moderate Circulation
Preservation Rarity: Scarce in grades MS65 and above
Varieties Errors: None significant
Market Demand: Moderate to High, increases with grade
Strike quality is an important factor for 1924 Lincoln Cents. Well-struck coins with sharp details, particularly on Lincoln’s hair and the wheat ears, are more desirable to collectors.
Die state can also impact value, with early die state coins typically showing sharper details. Some collectors seek out examples with interesting toning patterns, though this is generally less important for cents than for silver coins.
For the scarce 1924-D issue, even circulated examples in good condition are valuable due to the low mintage. Authenticity is crucial, as the valuable 1924-D is sometimes counterfeited by adding a false D mint mark to a more common Philadelphia issue.
