Coin Specifications

Category: Lincoln Cents, Wheat Reverse (1909-1958)
Mint: San Francisco
Mintage: 15,180,000
Catalog: KM-132
Obverse Designer: Victor D. Brenner
Reverse Designer: Victor D. Brenner
Composition: Bronze
Weight: 3.11 Grams
Diameter: 19mm
Edge: Plain
Numismatic specification data provided by Krause Publications NumisMaster.
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1938 S 1C MS obverse 1938 S 1C MS reverse


  
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Description & Analysis

The low mintage of this issue made it moderately scarce in circulation, but it also attracted speculators who put aside BU rolls at or near the time of minting. Fully red gems thus survive in sufficient numbers to satisfy advanced collectors.

With a slowed economy, the mintage of this issue was sporadic, with nearly all pieces struck in two bursts of activity at the beginning and the end of 1938. Most were not released until the following year, which only encouraged more hoarding.

Two spectacular repunched mintmark varieties are known for 1938-S cent. FS-501 is notably more scarce than FS-502, but both are widely collected as part of the series.

GRADE SUMMARY

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Price Guide

Last Updated: 8/7/2013

Click on a price to see historical prices, comparison charts and trends.

1938 S 1C MS Brown
  GVGFVF4045505355586061626364656667686970
Base $ 0.32 0.42 0.50 0.65 0.90 0.90 1.50 1.65 1.75 2.00 4.00 5.00 6.00 7.75 8.75 12.00 18.00 35.00 - - -
$ - - - - - - - - - - - - 40.00 -
1938 S 1C MS Red Brown
  GVGFVF4045505355586061626364656667686970
Base $ - - - - - - - - - - 4.50 6.00 7.00 8.75 10.50 14.00 26.00 42.00 - - -
$ - - - - - - - - - - - 29.00 50.00 -
1938 S 1C MS Red
  GVGFVF4045505355586061626364656667686970
Base $ - - - - - - - - - - - 6.75 8.00 9.75 13.00 24.00 45.00 220 - - -
$ - - - - - - - - - - 29.00 55.00 300 -
NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 2753
Low Grade: VF
Average Grade: 66
High Grade: 67


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
1/25/2000 NGC MS 66   Red Heritage Auctions Exclusively Internet Auction #20021, 20021/Lot# 1013 $30.00
6/27/2001 PCGS MS 67   Red Teletrade Auction 1453, 1453/Lot# 1042 $54.50
2/7/2005 NGC MS 67   Red David Lawrence Rare Coins Internet-Only Auction #27, 31/Lot# 82 $6,325.00
6/5/2006 PCGS MS 67   Red Heritage Auctions 2006 June Long Beach Online Session #409, 409/Lot# 7348 $207.00
11/27/2006 PCGS MS 65   Red Teletrade Auction 2292, 2292/Lot# 1044 $17.00
1/22/2012 NGC MS 67   Red Heritage Auctions Internet Coin Auction Session(2), 131205/Lot# 27079 $79.00
4/15/2012 PCGS MS 67   Red GreatCollections GreatCollections Coin Auctions 04/15/2012, 18/Lot# 47405 $242.00


NGC Registry

NGC Registry Score 1938 S 1C MS Brown
 PrAgGVGFVF4045505355586061626364656667686970
Base6666666666666666203276348785861
6666666666666661024461664938100
00000066666666610244616649300
00000066666666615286125763900
1938 S 1C MS Red Brown
 PrAgGVGFVF4045505355586061626364656667686970
Base3333333336691212244554106179205230262
333333334671012163148711301872132400
0000003346710121631487113018721300
0000003356811122038518815419622100
1938 S 1C MS Red
 PrAgGVGFVF4045505355586061626364656667686970
Base3333333333332024456798186648111712171322
33333333333821315277127340804115012520
00000033333821315277127340804115000
000000333331422385987156494960118300
Registry Image Gallery
Grade: MS 67 RD
Points: 648
Owner: *00001AAA Coins
 
Grade: MS 67 RD
Points: 648
Owner: Big Tiger
 
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