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<p>[QUOTE="WingedLiberty, post: 1364138, member: 26030"]The first year of the 2nd run of proofs in the Lincoln series ... 1936. Total mintage was only 5,569 proof coins. PCGS just graded this as PR63RB Satin, however I am not sure they got the Variety correct. I think there is a possibility that this is a Brilliant Proof. In any case there are only about 400 PCGS graded 1936 Satin Proofs and about 900 graded 1936 Brilliant Proofs, so this is a rarity no matter which type of proof it is. You just don't see these 1936's very often. I like that bit of obverse toning that looks like licking flames, especially behind Lincolns head. </p><p><br /></p><p>[ATTACH]160014.vB[/ATTACH]</p><p>A bit of history ... </p><p><br /></p><p><span style="color: #8b4513">The year 1936 marks the beginning of the modern era of proof coins & sets. The previous proof coinage had been produced twenty years earlier (in 1916) in a Matte finish and only for the Lincoln Cent and Buffalo Nickel -- this was followed by a 20 year gap in the production of proofs.</span></p><p><span style="color: #8b4513"><br /></span></p><p><span style="color: #8b4513">In the year of release, the 1936 proof coins received a lukewarm response from collectors, although today all issues are prized as important low mintage issues. </span><span style="color: #8b4513"></span></p><p><span style="color: #8b4513"><br /></span></p><p><span style="color: #8b4513">Early in 1936, the Lincoln Cent and Buffalo Nickel were produced with a Satin proof finish. This finish was disliked by collectors since it closely resembled the regular circulation strike coins. The Mint responded by switching to a Brilliant finish part way through 1936 and continued this finish for all subsequently produced proof coins. This resulted in two different finishes for the cent and nickel. The Satin finish is sometimes referred to as Type 1, while the Brilliant finish is referred to as Type 2. The dime, quarter, and half dollar are all found with only the brilliant proof finish. </span></p><p><span style="color: #8b4513"> </span></p><p><span style="color: #8b4513">All five denominations produced for circulation in 1936 were struck in proof version. This included the Lincoln Cent, Buffalo Nickel, Mercury Dime, Washington Quarter, and Walking Liberty Half Dollar. The coins were sold by the U.S. Mint individually or as a complete set. Individual prices were 75 cents for the half dollar, 50 cents for the quarter, 20 cents for the dime, 20 cents for the nickel, and 16 cents for the cent. A complete set was priced at $1.89.</span></p><p><span style="color: #8b4513"><br /></span></p><p><span style="color: #8b4513">The 1936 Proof Set packaging varied. The individual coins were placed within cellophane sleeves, and then stapled together at the top, either as a complete set, or with other coins from the same order. The stapled sleeve was placed in a box or envelope and shipped to the customer. Many sales occurred from walk-in traffic at the Philadelphia Mint where the coins were produced.</span>[/QUOTE]</p><p><br /></p>
[QUOTE="WingedLiberty, post: 1364138, member: 26030"]The first year of the 2nd run of proofs in the Lincoln series ... 1936. Total mintage was only 5,569 proof coins. PCGS just graded this as PR63RB Satin, however I am not sure they got the Variety correct. I think there is a possibility that this is a Brilliant Proof. In any case there are only about 400 PCGS graded 1936 Satin Proofs and about 900 graded 1936 Brilliant Proofs, so this is a rarity no matter which type of proof it is. You just don't see these 1936's very often. I like that bit of obverse toning that looks like licking flames, especially behind Lincolns head. [ATTACH]160014.vB[/ATTACH] A bit of history ... [COLOR=#8b4513]The year 1936 marks the beginning of the modern era of proof coins & sets. The previous proof coinage had been produced twenty years earlier (in 1916) in a Matte finish and only for the Lincoln Cent and Buffalo Nickel -- this was followed by a 20 year gap in the production of proofs. In the year of release, the 1936 proof coins received a lukewarm response from collectors, although today all issues are prized as important low mintage issues. [/COLOR][COLOR=#8b4513] Early in 1936, the Lincoln Cent and Buffalo Nickel were produced with a Satin proof finish. This finish was disliked by collectors since it closely resembled the regular circulation strike coins. The Mint responded by switching to a Brilliant finish part way through 1936 and continued this finish for all subsequently produced proof coins. This resulted in two different finishes for the cent and nickel. The Satin finish is sometimes referred to as Type 1, while the Brilliant finish is referred to as Type 2. The dime, quarter, and half dollar are all found with only the brilliant proof finish. [/COLOR] [COLOR=#8b4513] All five denominations produced for circulation in 1936 were struck in proof version. This included the Lincoln Cent, Buffalo Nickel, Mercury Dime, Washington Quarter, and Walking Liberty Half Dollar. The coins were sold by the U.S. Mint individually or as a complete set. Individual prices were 75 cents for the half dollar, 50 cents for the quarter, 20 cents for the dime, 20 cents for the nickel, and 16 cents for the cent. A complete set was priced at $1.89. The 1936 Proof Set packaging varied. The individual coins were placed within cellophane sleeves, and then stapled together at the top, either as a complete set, or with other coins from the same order. The stapled sleeve was placed in a box or envelope and shipped to the customer. Many sales occurred from walk-in traffic at the Philadelphia Mint where the coins were produced.[/COLOR][/QUOTE]
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