1953-S 1C, RD

1954-D 1C, RD

1954 1C, RD (Regular Strike)

Series: Lincoln Cents 1909-1958

PCGS MS67RD

PCGS MS67RD

PCGS #:: 2815

Designer:: Victor David Brenner

Edge:: Plain

Diameter:: 19.00 millimeters

Weight:: 3.11 grams

Mintage:: 71,640,050

Mint:: Philadelphia

Metal:: 95% Copper, 5% Tin and Zinc

Auction Record:: $31,200 • MS67RD • 01-14-2019 • Heritage Auctions

ShowHide Related Coins and Varieties (3)

Major Varieties

1954 1C, BN
1954 1C, RB
1954 1C, RD

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Price Guide (USD)

PCGS Population

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For Sale Now at Collectors Corner - PCGS Graded

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Rarity and Survival Estimates Learn More

Grades	Survival Estimate 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 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.
All Grades	7,400	R-3.5	89 / 143	89 / 146
60 or Better	7,400	R-3.5	89 / 143	89 / 146
65 or Better	3,700	R-4.2	83 / 143 TIE	83 / 146 TIE

Survival Estimate
All Grades	7,400
60 or Better	7,400
65 or Better	3,700

Numismatic Rarity
All Grades	R-3.5
60 or Better	R-3.5
65 or Better	R-4.2

Relative Rarity By Type All Specs in this Type
All Grades	89 / 143
60 or Better	89 / 143
65 or Better	83 / 143 TIE

Relative Rarity By Series All Specs in this Series
All Grades	89 / 146
60 or Better	89 / 146
65 or Better	83 / 146 TIE

Condition Census What Is This?

Pos	Grade	Pedigree and History
1	PCGS MS67RD	GreatCollections, July 13, 2025, Lot 1850685 - $7,987.50; "The MJW Collection of Lincoln Cents," GreatCollections, April 16, 2026, Lot 2101931 - $5,351.63; Heritage Auctions, October 8, 2026, Lot 3026 - $5,368.
1	PCGS MS67RD	GreatCollections, March 29, 2026, Lot 1316112 - $7,031.25.
1	PCGS MS67RD	"The Denver Collection of Lincoln Cents," GreatCollections, November 30, 2025, Lot 1955572 - $6,530.63.
1	PCGS MS67RD	GreatCollections, November 2, 2025, Lot 1958874 - $7,031.25; "The Curtis Collection" (PCGS Set Registry).
1	PCGS MS67RD	GreatCollections, October 12, 2025, Lot 1953325 - $5,749.88.
1	PCGS MS67RD	As PCGS MS67RD #47460834. Heritage Auctions, February 28, 2025, Lot 3680 - $6,000. As PCGS MS67RD #56097672. Larry Shapiro; "The Larry David Collection (Shapiro)" PCGS Set Registry.
1	PCGS MS67RD	As PCGS MS67RD #38145617. Stack's Bowers, March 19, 2020, Lot 3112 - $23,400. As PCGS MS67RD #48300262. Heritage Auctions, January 16, 2025, Lot 4667 - $13,200. As PCGS MS67RD #63529701. "The Sage Oak Collection" (PCGS Set Registry).
1	PCGS MS67RD	"The Lincoln Collection of Lincoln Cents," GreatCollections, December 22, 2024, Lot 1575652 - $6,031.13.
1	PCGS MS67RD	GreatCollections, December 22, 2024, Lot 1482761 - $8,156.25; "The Grand Cru Collection" (PCGS Set Registry).
1	PCGS MS67RD	GreatCollections, December 8, 2024, Lot 1435173 - $6,131.25.
1	PCGS MS67RD	GreatCollections, December 1, 2024, Lot 1534318 - $7,256.25; "The SpecialK Collection" (PCGS Set Registry).
1	PCGS MS67RD	GreatCollections, October 6, 2024, Lot 1577654 - $5,972.63.
1	PCGS MS67RD	As PCGS MS67RD #36783814. "The Finger Lakes Collection," Stack's Bowers, March 27, 2024, Lot 5099 - $6,600. As PCGS MS67RD #54991187. "The Jeremy Bolt - First Love 'Entirety' Collection" (PCGS Set Registry).
1	PCGS MS67RD	GreatCollections, February 4, 2024, Lot 1487998 - $9,506.25.
1	PCGS MS67RD	Heritage Auctions, November 6, 2023, Lot 92202 - $10,200.
1	PCGS MS67RD	Heritage Auctions, June 4, 2020, Lot 3013 - $7,800.
1	PCGS MS67RD	Heritage Auctions, Janaury 1, 2006, Lot 331 - $19,550; "The Jerald R. Martin Collection," Heritage Auctions, January 14, 2019, Lot 4364 - $31,200.

#1 PCGS MS67RD

GreatCollections, July 13, 2025, Lot 1850685 - $7,987.50; "The MJW Collection of Lincoln Cents," GreatCollections, April 16, 2026, Lot 2101931 - $5,351.63; Heritage Auctions, October 8, 2026, Lot 3026 - $5,368.

#1 PCGS MS67RD

GreatCollections, March 29, 2026, Lot 1316112 - $7,031.25.

#1 PCGS MS67RD

"The Denver Collection of Lincoln Cents," GreatCollections, November 30, 2025, Lot 1955572 - $6,530.63.

#1 PCGS MS67RD

GreatCollections, November 2, 2025, Lot 1958874 - $7,031.25; "The Curtis Collection" (PCGS Set Registry).

#1 PCGS MS67RD

GreatCollections, October 12, 2025, Lot 1953325 - $5,749.88.

#1 PCGS MS67RD

As PCGS MS67RD #47460834. Heritage Auctions, February 28, 2025, Lot 3680 - $6,000. As PCGS MS67RD #56097672. Larry Shapiro; "The Larry David Collection (Shapiro)" PCGS Set Registry.

#1 PCGS MS67RD

As PCGS MS67RD #38145617. Stack's Bowers, March 19, 2020, Lot 3112 - $23,400. As PCGS MS67RD #48300262. Heritage Auctions, January 16, 2025, Lot 4667 - $13,200. As PCGS MS67RD #63529701. "The Sage Oak Collection" (PCGS Set Registry).

#1 PCGS MS67RD

"The Lincoln Collection of Lincoln Cents," GreatCollections, December 22, 2024, Lot 1575652 - $6,031.13.

#1 PCGS MS67RD

GreatCollections, December 22, 2024, Lot 1482761 - $8,156.25; "The Grand Cru Collection" (PCGS Set Registry).

#1 PCGS MS67RD

GreatCollections, December 8, 2024, Lot 1435173 - $6,131.25.

#1 PCGS MS67RD

GreatCollections, December 1, 2024, Lot 1534318 - $7,256.25; "The SpecialK Collection" (PCGS Set Registry).

#1 PCGS MS67RD

GreatCollections, October 6, 2024, Lot 1577654 - $5,972.63.

#1 PCGS MS67RD

As PCGS MS67RD #36783814. "The Finger Lakes Collection," Stack's Bowers, March 27, 2024, Lot 5099 - $6,600. As PCGS MS67RD #54991187. "The Jeremy Bolt - First Love 'Entirety' Collection" (PCGS Set Registry).

#1 PCGS MS67RD

GreatCollections, February 4, 2024, Lot 1487998 - $9,506.25.

#1 PCGS MS67RD

Heritage Auctions, November 6, 2023, Lot 92202 - $10,200.

#1 PCGS MS67RD

Heritage Auctions, June 4, 2020, Lot 3013 - $7,800.

#1 PCGS MS67RD

Heritage Auctions, Janaury 1, 2006, Lot 331 - $19,550; "The Jerald R. Martin Collection," Heritage Auctions, January 14, 2019, Lot 4364 - $31,200.

Charles Morgan:

1954 Lincoln Cent

The 1954 Lincoln Cent (RD #2815) was struck during a period of economic belt-tightening as the nation navigated a ten-month post-Korean War recession. The downturn was exacerbated by post-war demobilization and policy friction between the Eisenhower Treasury and the Federal Reserve, which tightened monetary policy to stave off inflation. For its part, the Bureau of the Mint reduced its workforce by 10% and prepared to close the Seattle Assay Office and suspend coinage operations at the San Francisco Mint, measures that were carried out the following year.

With a mintage of just 71,640,050 coins, the 1954 Lincoln Cent represents the lowest regular-issue emission from the Philadelphia Mint since the Great Depression. Output would never fall this low again throughout the denomination's circulating history.

The issue is notorious for weak strikes and mushy details, with many surviving Mint State specimens struck from tired, overused dies. PCGS did not certify its first PCGS MS67RD example until 2002, and it took more than a decade for the second and third to enter the Population Report. As of late October 2026, the Condition Census for Superb Gems stands at just under 30 examples, which is far too few to satisfy the competitive demand among high-end Lincoln Cent registry collectors.

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