from Bern Sherman
The 1932-D Lincoln Cent is one of the tougher issues from the 1930's. In MS65 condition it is scarce. In MS66 condition it is much scarcer, yet, very desirable for collectors in this condition. In MS67 condition it is truly scarce with about a dozen graded by PCGS and none being graded finer.
According to a notice in the June 1934 issue of The Numismatist (p. 416), collectors could still purchase Uncirculated 1932-D Cents for "the face value of the coins and an amount sufficient to cover the mail charrges by first-class mail."
High Desert Collection (PCGS Set Registry)