Save 15% on Books & Supplies at Whitman.com.
Use promo code: WHITMAN151

1908-S 1c MS BN

Greysheet & CPG® Values
1908-S 1c MS BN
Thank you to our sponsors!
Go check them out!

Only beaten by the 1877 and 1909-S in low mintage numbers as this Indian Cent had just over 1.1 million produced in 1908 San Francisco. Scarcity begins in the AU range and continues through Mint State. Brown coins are accessible with increasing value by grade and color. Red gems are incredibly desirable and rare.

Obverse Description

A portrait bearing the likeness of a Native American in full headdress framed by the words UNITED STATES OF AMERICA around the periphery. The date is centered at the bottom under the portrait.

Reverse Description

The reverse bears the denomination of ONE CENT in the center surrounded by a wreath bearing a ribbon with arrows tied in at the bottom center. The 'S' minmark is positioned at the bottom under the ribbon.

Book Reference

1908-S Cent Production: This cent is important as being the first minor coinage struck at a branch mint. The San Francisco Mint, nicknamed The Granite Lady, was built in 1874 and had survived the great earthquake of the morning of April 18, 1906, with just slight damage. The fire that raged on all sides of the building later on that day blackened the stone and buckled the heavy iron shutters. The fire destroyed most of the city, but the mint was spared destruction because it had its own well that firefighters could tap into.

In years prior to the earthquake and subsequent economic hardships, gold and silver coins were the only coinage used in the Western states. Transactions were rounded to the nearest 5¢. Now, due to changes in the economy (brought on in part by the relative ease of railroad travel from the East), it was desirable to have the cent denomination available so that prices could be increased in smaller increments. The introduction of a sales tax alone necessitated the use of the cent. In addition, the streetcar fare was raised from 5¢ to 6¢.

The Mint delivered the entire mintage of coins on November 27. These were struck on presses used for silver coinage, as the two presses for cent production were not yet delivered. This is the third-lowest mintage of the Indian Head cent series. Planchet stock for this year was often improperly mixed, so the coins vary with either woodgrain toning or a bright golden color.

Survivability: The new cents were certainly a curiosity to the local population, and initially circulated widely. Later, by the time the new Lincoln design became dominant, the general public selectively removed the Indian Head cents from circulation. There seems to have been no initial interest in saving these coins before they entered circulation. Today, the coins are scarce in low grades, but available in mid-range grades, most being Fine to Very Fine. Mint State survivors are very scarce overall. The chance survival of a few roll quantities has made gem full red examples somewhat readily available. Many of these come from a roll that had a filled final A in AMERICA on the obverse.

Collecting Challenges: These cents are scarce and popular, so demand is high. Many come with weak feather tips. Search for fully struck examples.

Collecting Circulated Pieces: The optimal collecting grade for circulated coins is AU-50 to AU-58. There is not a great difference in prices between coins graded Good to Very Fine. For collectors on a budget it is worthwhile to buy the highest grade with the price jumping less than 50%. For example, a Fine coin lists for $85, a Very Fine at $100, and an Extremely Fine at $150. The extra $15 to buy the Very Fine will give you a lot more value for the money than would the extra $50 to buy the Extremely Fine. On the other hand, the best advice is always to buy the best coin you can afford that fits your collection.

Collecting Mint State Pieces: The optimal collecting grade for Mint State coins is MS-65RB or MS-64RD. It might be diffcult to find coins with full feather tips. Take extra time to search these out. These come with woodgrain toning, which is acceptable for red-brown graded coins. Full red coins should be struck on evenly colored planchets. Many full red coins are of a lighter golden color. Some original coins might easily be mistaken as being cleaned if compared to their Philadelphia Mint contemporaries. Occasionally prooflike examples are available. These are highly desired and are worth an additional premium.

VARIETIES:

A repunched mintmark, Snow-1, is known for this date. The repunching is to the south and is visible in the upper part of the S. Many other repunched dates have been reported but all others have turned out to be caused by strike doubling. When the lower die (anvil die) is loose in the press it can move slightly when the coin is struck. This action leaves a microscopic outline on the design elements in one direction. (The clue to detecting strike 1908-S, S Over S, Snow-1 doubling: the doubling is seen on the mintmark as well as on some of the surrounding design elements. Since the mintmark is added to the die separately from the design element, it cannot be a repunched mintmark.)

Catalog Information

GSID: 1461
Designer: James B. Longacre
Obverse Designer: James B. Longacre
Obverse Lettering: UNITED STATES OF AMERICA, 1908
Reverse Designer: James B. Longacre
Reverse Lettering: ONE CENT, S
Weight (gr): 3.11 gr
Weight (oz): 0.11 oz
Strike Type: Business
Diameter: 19
Coin Shape: Round
Edge: Plain
Coin Date: 1908-S
Denomination: 1c
Designation: MS
Mint Location: San Francisco
Mint Mark: S
Mintage: 1,115,000
Coinage Type: Indian Head Cent
Coinage Years: 1864-1909
Composition: 95% copper; 5% zinc & tin
PCGS #: 2232
Subscribe to View

View more data, info, and visualizations. Get access to retail and wholesale pricing as well as auction data.

Coin Value History
1908-S 1c MS BN
Value By Grade
1908-S 1c MS BN
CPG (retail) values
Value by grade is available to subscribers. Subscribe to View

Values

Greysheet & CPG® Values
GSID:1461 PCGS:2232 Shop related

Values

Greysheet & CPG® Values
Greysheet & CPG® Values by grade for 1908-S 1c MS BN
Grade CAC CPG Value (Retail) Greysheet Price (Wholesale)
MS66 CAC $1,950 $1,234
MS66 - $1,550 $1,234
MS65 CAC $1,234 $1,234
MS65 - $1,234 $1,234
MS64 CAC $1,234 $1,234
MS64 - $1,234 $1,234
MS63 CAC $1,234 $1,234
MS63 - $1,234 $1,234
MS62 CAC $1,234 $1,234
MS62 - $1,234 $1,234
MS61 CAC $1,234 $1,234
MS61 - $1,234 $1,234
MS60 CAC $1,234 $1,234
MS60 - $1,234 $1,234
AU58 CAC $1,234 $1,234
AU58 - $1,234 $1,234
AU55 CAC $1,234 $1,234
AU55 - $1,234 $1,234
AU53 CAC $1,234 $1,234
AU53 - $1,234 $1,234
AU50 CAC $1,234 $1,234
AU50 - $1,234 $1,234
XF45 CAC $1,234 $1,234
XF45 - $1,234 $1,234
XF40 CAC $1,234 $1,234
XF40 - $1,234 $1,234
VF35 CAC $1,234 $1,234
VF35 - $1,234 $1,234
VF30 CAC $1,234 $1,234
VF30 - $1,234 $1,234
VF25 CAC $1,234 $1,234
VF25 - $1,234 $1,234
VF20 CAC $1,234 $1,234
VF20 - $1,234 $1,234
F15 CAC $1,234 $1,234
F15 - $1,234 $1,234
F12 CAC $1,234 $1,234
F12 - $1,234 $1,234
VG10 CAC $1,234 $1,234
VG10 - $1,234 $1,234
VG8 CAC $1,234 $1,234
VG8 - $1,234 $1,234
G6 CAC $1,234 $1,234
G6 - $1,234 $1,234
G4 CAC $1,234 $1,234
G4 - $1,234 $1,234
AG3 CAC $1,234 $1,234
AG3 - $1,234 $1,234

Related Items

Other items from this series
See all

Auction Prices

Recent public sale records for this item
See all
1908-S 1C AU50 PCGS. CDN: $170 Whsle. Bid for NGC/PCGS AU50. Mintage 1,115,000. ...
1908-S 1C AU50 PCGS. CDN: $170 Whsle. Bid for NGC/PCGS AU50. Mintage 1,115,000. ...
$220
Sold 2/3/2026
Heritage Auctions
1908-S 1C MS63 Brown PCGS. CDN: $400 Whsle. Bid for NGC/PCGS MS63. Mintage 1,115,000. ...
1908-S 1C MS63 Brown PCGS. CDN: $400 Whsle. Bid for NGC/PCGS MS63. Mintage 1,115,000. ...
$427
Sold 1/27/2026
Heritage Auctions
1908-S 1C VF30 Brown NGC. CDN: $105 Whsle. Bid for NGC/PCGS VF30. Mintage 1,115,000. ...
1908-S 1C VF30 Brown NGC. CDN: $105 Whsle. Bid for NGC/PCGS VF30. Mintage 1,115,000. ...
$129
Sold 1/20/2026
Heritage Auctions
1908-S 1C MS62 Brown PCGS. CDN: $285 Whsle. Bid for NGC/PCGS MS62. Mintage 1,115,000. ...
1908-S 1C MS62 Brown PCGS. CDN: $285 Whsle. Bid for NGC/PCGS MS62. Mintage 1,115,000. ...
$312
Sold 12/16/2025
Heritage Auctions
1908-S 1C VG8 ANACS. Mintage 1,115,000. ...
1908-S 1C VG8 ANACS. Mintage 1,115,000. ...
$84
Sold 11/4/2025
Heritage Auctions
1908-S 1C XF45 Brown NGC. Mintage 1,115,000....
1908-S 1C XF45 Brown NGC. Mintage 1,115,000....
$129
Sold 10/14/2025
Heritage Auctions
1908-S 1C VF35 PCGS. Mintage 1,115,000. ...
1908-S 1C VF35 PCGS. Mintage 1,115,000. ...
$104
Sold 9/23/2025
Heritage Auctions
1908-S 1C -- Scratched -- ANACS. AU53 Details. Mintage 1,115,000....
1908-S 1C -- Scratched -- ANACS. AU53 Details. Mintage 1,115,000....
$149
Sold 9/2/2025
Heritage Auctions
1908-S 1C VF20 PCGS. Mintage 1,115,000. ...
$89
Sold 7/29/2025
Heritage Auctions
1908-S 1C VF25 Brown NGC. Mintage 1,115,000....
$94
Sold 7/22/2025
Heritage Auctions
1908-S 1C -- Environmental Damage -- NCS. XF Details. Mintage 1,115,000. ...
$104
Sold 7/8/2025
Heritage Auctions
1908-S 1C AU58 PCGS. Mintage 1,115,000. ...
1908-S 1C AU58 PCGS. Mintage 1,115,000. ...
$336
Sold 4/15/2025
Heritage Auctions
1908-S 1C Fine 15 PCGS. Mintage 1,115,000. ...
1908-S 1C Fine 15 PCGS. Mintage 1,115,000. ...
$74
Sold 2/4/2025
Heritage Auctions
1908-S 1C AU55 PCGS. Mintage 1,115,000. ...
1908-S 1C AU55 PCGS. Mintage 1,115,000. ...
$288
Sold 1/27/2025
Heritage Auctions
1908-S/S 1C MS61 Brown ANACS. Mintage 1,115,000....
1908-S/S 1C MS61 Brown ANACS. Mintage 1,115,000....
$432
Sold 1/27/2025
Heritage Auctions
1908-S 1C Fine 12 CACG. Mintage 1,115,000. ...
1908-S 1C Fine 12 CACG. Mintage 1,115,000. ...
$99
Sold 12/16/2024
Heritage Auctions
1908-S 1C VG10 CACG. Mintage 1,115,000. ...
1908-S 1C VG10 CACG. Mintage 1,115,000. ...
$84
Sold 12/16/2024
Heritage Auctions
1908-S 1C MS64 Brown NGC. NGC Census: (100/32). Mintage 1,115,000. ...
1908-S 1C MS64 Brown NGC. NGC Census: (100/32). Mintage 1,115,000. ...
$600
Sold 7/29/2024
Heritage Auctions
1908-S 1C MS65 Brown NGC. NGC Census: (26/4). PCGS Population: (16/0). CDN: $850 Whsle. Bid for NGC/PCGS MS65. Mintage 1,11...
1908-S 1C MS65 Brown NGC. NGC Census: (26/4). PCGS Population: (16/0). CDN: $850 Whsle. Bid for NGC/PCGS MS65. Mintage 1,11...
$1,140
Sold 9/27/2022
Heritage Auctions
1908-S 1C -- Recolored -- ANACS. MS60 Details. Mintage 1,115,000....
1908-S 1C -- Recolored -- ANACS. MS60 Details. Mintage 1,115,000....
$288
Sold 9/1/2020
Heritage Auctions
Subscribe to View

View more data, info, and visualizations. Get access to retail and wholesale pricing as well as auction data.

From the Greysheet Marketplace

Live listings from Greysheet dealers
See all

Greysheet News

Prominent Collector Dell Loy Hansen Submitting His Historical Collection Of U.S. Coins To CAC Grading
Prominent Collector Dell Loy Hansen Submitting His Historical Collection Of U.S. Coins To CAC Grading

The unprecedented crossover underscores his personal efforts to combat “grade inflation.”

American Numismatic Association's Largest Coin Show, August 6-10 In Chicago
American Numismatic Association's Largest Coin Show, August 6-10 In Chicago

Dazzling rarities, free educational opportunities, family fun and more await at the Donald E. Stephens Convention Center

United States Mint Unveils Designs For The 2025 United States Marine Corps 250th Anniversary Commemorative Coin Program
United States Mint Unveils Designs For The 2025 United States Marine Corps 250th Anniversary Commemorative Coin Program

The designs will be featured on a $5 gold coin, a $1 silver coin, and a half dollar clad coin.

Events

Heritage Auctions: US Coins Tuesday & Wednesday Select Auction
Heritage Auctions: US Coins Tuesday & Wednesday Select Auction Location: Heritage Auctions
Wednesday, July 1, 2026
Heritage Auctions: World & Ancient Coins Wednesday & Thursday Select Auction
Heritage Auctions: World & Ancient Coins Wednesday & Thursday Select Auction Location: Heritage Auctions
Thursday, July 2, 2026
DLRC Weekly Auctions
DLRC Weekly Auctions Location: DAVID LAWRENCE RARE COINS
Sunday, July 5, 2026