This is another issue which is typically found from worn dies, though there are enough well struck pieces that they may be found with patience. Finding a 1927-S cent struck from matching fresh dies is a rarity, though it seems to be more likely than for the S-Mint cents of the preceding several years.
Fully red examples are very rare, regardless of numeric grade, and these coins tend to have a dull, subdued red color. Well worn 1927-S cents are common from mid-century hoarding.
Mintage:
Philadelphia | Denver | San Francisco |
144,440,000 | 27,170,000 | 14,276,000 |