The Survival Estimate represents an average of one or more experts' opinions as to how many examples survive of a particular coin in three categories: 1) all grades, 2) 60 or better, and 3) 65 or better. These estimates are based on a variety of sources, including population reports, auction appearances, and personal knowledge. Survival estimates include coins that are raw, certified by PCGS, and certified by other grading services.
Numismatic Rarity converts the Survival Estimate for a particular coin into a number from 1 to 10 (with decimal increments) based on the PCGS Rarity Scale. The higher the number, the more rare the coin.
Relative Rarity By Type
Relative Rarity By Type ranks the rarity of this coin with all other coins of this Type. Lower numbers indicate rarer coins.
Relative Rarity By Series
Relative Rarity By Series ranks the rarity of this coin with all other coins of this Series. Lower numbers indicate rarer coins.
The 1954-P Lincoln cent has the lowest mintage from any Philadelphia cent which was struck from 1934 to date.
Almost all Philadelphia Lincoln cents exist in better condition than the 1954-P (this includes all dates from the teens and twenties), with the exception of the 1914-P.
From 1915 to date, the 1954-P ranks as the toughest Philadelphia cent in grades of MS67 or higher. However, the 1914-P is definitely the toughest, the 1954-P being the second toughest and the 1953-P being the third most difficult to locate in M67 Red grades.
For no apparent reason, 1954-P Lincoln cents display very weak and mushy details. This is one of the reasons why coins in high mint state grades are very difficult to locate.
PCGS is not responsible for the accuracy or authenticity of Ebay listings.