The Lincoln Wheat Penny Valued at $4.5 Million, Still in Circulation

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The Lincoln Wheat Penny Valued at $4.5 Million, Still in Circulation

Some coins are so rare and special that they become more than just pieces of metal – they turn into treasures of history. One such coin is a U.S. pattern coin with PCGS #3912. Designed by Charles E. Barber, this coin was minted in Philadelphia and has a very low mintage of just 5 pieces. It’s not just rare – it’s nearly impossible to find, which makes it highly valuable among collectors. Let’s look at what makes this coin so unique and special.

Key Features of the Coin

This coin is a U.S. pattern coin designed by Charles E. Barber, one of the most well-known designers in U.S. Mint history. The coin was minted in Philadelphia and only 5 pieces were ever made, making it an ultra-rare numismatic item. It was struck in a copper-nickel alloy, giving it a silver-like look.

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Coin Specifications

The coin has a plain edge, which means there’s no writing or reeding (ridges) on the side. It has a diameter of 21.20 millimeters and weighs 5.00 grams. Its metal composition is 75% copper and 25% nickel – a common combination used in many U.S. coins during the late 19th and early 20th centuries.

Historical Importance

Pattern coins are trial pieces created by the U.S. Mint to test new designs or compositions. Most of these coins never go into circulation, but they play a big role in coin history. Since only five of these coins were made, it’s likely that this piece was a prototype or test for a design that never got approved for mass production. Coins like this are often stored in mint archives or end up in high-end collections.

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The Designer: Charles E. Barber

Charles E. Barber was the Chief Engraver at the U.S. Mint from 1879 to 1917. He’s known for designing many famous coins, including the Barber dime, quarter, and half dollar. His designs were simple, bold, and made to last long in circulation. Any coin designed by him carries historical and artistic value.

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With only 5 known pieces in existence, this pattern coin (PCGS #3912) is a truly rare item for collectors and historians. Its unique composition, design by Charles E. Barber, and limited mintage make it a standout example of American coinage.

Whether you’re a collector or simply someone who appreciates history, this coin reflects the experimentation, craftsmanship, and legacy of the U.S. Mint. Owning such a coin is not just about investment – it’s about holding a rare piece of American history in your hands.

FAQ’s

What is PCGS #3912?

PCGS #3912 refers to a rare U.S. pattern coin designed by Charles E. Barber, minted in Philadelphia with only 5 pieces ever made.

Who designed the PCGS 3912 coin?

The coin was designed by Charles E. Barber, who was the Chief Engraver of the U.S. Mint from 1879 to 1917.

What is the metal composition of this coin?

The coin is made of 75% copper and 25% nickel, which gives it a silver-like appearance and strong durability.

How many PCGS 3912 coins exist?

Only five of these coins were ever minted, making it an extremely rare item in the world of coin collecting.

Why is the PCGS 3912 coin important?

It’s a pattern coin, which means it was made to test a new design or composition. With such low mintage and historical relevance, it’s highly valued by collectors.

Johnson

Johnson is an experienced rare coin enthusiast with in-depth knowledge of valuable collectibles, including wheat pennies. He specializes in identifying high-value coins and understands the best strategies for selling them in the collector's market. With years of hands-on experience, Johnson knows how to maximize the value of each coin through expert evaluation and the right sales channels.

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