1938 Lincoln Wheat Cent

Bronze Composite Penny

Mintage: 156,682,000

Minted at: Philadelphia (No Mint Mark)

Designer - Engraver: Victor D Brenner

Metal Composition: 95% Copper - 5% Tin and Zinc

Diameter: 19 mm

Mass / Weight: 3.11 grams

What This Coin Looks Like (Obverse, Reverse, Mint Mark Location, Special Features, etc.):

Coin Value Chart: Typical Coin Prices, Values and Worth in USD based on Grade/Condition. Numismatic portion of the values last updated February 2026, precious metal portion of the values is updated live!
Good (G-4)	Very Good (VG-8)	Fine (F-12)	Very Fine (VF-20)	Extremely Fine (EF-40)	About Uncirculated (AU-50)	Uncirculated (MS-60)	Uncirculated (MS-63)	Proof (PR-63)
$0.18	$0.24	$0.36	$0.49	$1.24	$2.50	$4.96	$8.64	$73

USA Coin Book Estimated Value of 1938 Lincoln Wheat Penny is Worth $0.24 in Average Condition and can be Worth $4.96 to $8.64 or more in Uncirculated (MS+) Mint Condition. Proof Coins can be Worth $73 or more. Click here to Learn How to use Coin Price Charts. Also, click here to Learn About Grading Coins. The Melt Value shown below is how Valuable the Coin's Metal is Worth (bare minimum value of coin). Click here to see the Melt Value of every US Coin.

MELT VALUE: $0.0390

More 1938 Penny Mints/Varieties

1938-D Penny

1938-S Penny View Entire Lincoln Wheat Cent Penny Coin List

Even More Lincoln Wheat Cent Penny Years/Mints/Varieties

1936-S Penny

1936-D Penny

1937-S Penny

1937-D Penny

1939-D Penny

1939-S Penny

1940-D Penny View Entire Lincoln Wheat Cent Penny Coin List

For Sale 71Collection 135

71 items found

1938 Lincoln Wheat Penny BU UNC

$8.99 Buy It Now
S/H: $5.00
1938 P Lincoln Penny

$0.75 Buy It Now
S/H: $0.85
1938-P LINCOLN WHEAT CENT (BETTER GRADE) LOT J037

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S/H: $3.99
✅1938-P Lincoln Wheat Cent✅

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S/H: $5.95
✅1938-P Lincoln Wheat Cent✅

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S/H: $5.95
1938-P LINCOLN WHEAT CENT ROLL (50-CENTS VG to VF) LOT C683

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S/H: $3.99
1938 LINCOLN WHEAT CENT (HIGHER GRADE) LOT C453

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S/H: $3.99
1938 LINCOLN WHEAT CENTS ~ FINE CONDITION~ COMB SHIP ~ LOT Z84

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S/H: $3.99
1938 P Wheat Back Lincoln Cent

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S/H: $1.00
1938 P Wheat Back Lincoln Cent

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S/H: $1.00
1938 P Lincoln Wheat Cent Small Cents

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S/H: $0.99
1938-P Lincoln Wheat Cent • Brilliant Uncirculated

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or Best Offer
S/H: $4.99
2 - 1938 - P Lincoln Cents -- VERY GOOD

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S/H: $0.85
1938 - P Lincoln Cent -- VERY GOOD

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S/H: $0.85
1938 P Lincoln Wheat Cent Small Cents, VF-30, Coin-079

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S/H: $5.00
1938 P Lincoln Wheat Cent Small Cent {{{{7689

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S/H: $0.80
1938 P Lincoln Wheat Cent in circulated condition

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S/H: $0.75
1938 P Lincoln Cent EF

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S/H: $4.90
1938-P GEM RED Uncirculated Lincoln Wheat Cent ( 725-20)

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or Best Offer
S/H: $0.90
1938P Wheat Back Lincoln Cent

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S/H: $1.00
1938 - D Lincoln Cent -- VERY FINE

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S/H: $0.85
1938 Lincoln Wheat Cent Penny • Nice Color & Toning • RB • CH BU *as384

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or Best Offer
S/H: $1.99
3 - 1938 - D Lincoln Cents -- VERY FINE

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S/H: $0.80
5 - 1938 - P Lincoln Cents -- EXTRA FINE

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S/H: $0.90
43 - 1938 - P Lincoln Cents -- VERY FINE

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S/H: $0.90