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.
Link to this coin

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: 8/19/2014

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

1938 S 1C MS Brown
  GVGFVFXF5053555861626364656667686970
Base $ 0.35 0.45 0.55 0.70 1.00 1.65 1.75 1.85 2.25 5.00 6.00 8.00 9.00 13.50 19.00 38.00 - - -
$ - - - - - - - - - - - - -
1938 S 1C MS Red Brown
  GVGFVFXF5053555861626364656667686970
Base $ - - - - - - - - - 6.00 7.00 9.00 12.50 22.00 32.50 55.00 - - -
$ - - - - - - - - - - - - -
1938 S 1C MS Red
  GVGFVFXF5053555861626364656667686970
Base $ - - - - - - - - - 7.00 8.50 10.75 14.00 27.50 65.00 265 - - -
$ - - - - - - - - - - - 2300 -

The World Coin Price Guide is independently compiled by Krause Publications’ NumisMaster. NGC makes this information available to its website visitors as a free service, but in no way does the information provided represent NGC’s official opinion or policy. For example, varieties listed in the World Coin Price Guide may not necessarily be recognized by NGC. Please contact NGC Customer Service with any questions.

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Census

 
NGC GRADE SUMMARY

Total Graded: 2821
Low Grade: VF
Average Grade: 66
High Grade: 67


Upcoming Auctions

A random selection of NGC coins is shown below.

Images
Date
Grade
Auction House
Sale / Lot
9/1/2015 MS 67  Red Heritage Auctions Internet Coin Auction Session(1), 131535/Lot# 21071


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
11/18/2000 PCGS MS 67   Red Heritage Auctions 2000 Santa Clara Bullet Sale #240, 240/Lot# 55 $86.25
2/10/2004 PCGS MS 66   Red Heritage Auctions Exclusively Internet Auction #24023, 24023/Lot# 11140 $28.00
2/18/2004 PCGS MS 66   Red Teletrade Auction 1846, 1846/Lot# 1010 $26.00
2/12/2009 NGC MS 66   Red David Lawrence Rare Coins Thursday - Internet Auction # 334, 340/Lot# 5106 $28.00
3/2/2014 PCGS MS 66   Red GreatCollections GreatCollections Coin Auctions 03/02/2014, 182/Lot# 174490 $28.36
3/23/2014 NGC MS 66   Red GreatCollections GreatCollections Coin Auctions 03/23/2014, 178/Lot# 130678 $33.00
4/1/2014 PCGS MS 66   Red Stack's Bowers March 2014 Baltimore Auction, 6008/Lot# 7406 $37.60
6/29/2014 NGC MS 67   Red Heritage Auctions Internet Coin Auction Session(1), 131427/Lot# 22014 $105.75


NGC Registry

NGC Registry Score 1938 S 1C MS Brown
 PrAgGVGFVF4045505355586061626364656667686970
Base6666666666666666203276348785861
6666666666666661124471674948100
00000066666666611244716749400
00000066666666615286125763900
1938 S 1C MS Red Brown
 PrAgGVGFVF4045505355586061626364656667686970
Base999999912121212161212244554135220248301522
99999910121212131612163148811632292663750
000000101212121316121631488116322926600
0000001112121215161220385110819223928300
1938 S 1C MS Red
 PrAgGVGFVF4045505355586061626364656667686970
Base9999121212121216161620244567982557548299591463
9991012121212131616172131527715042177987211270
0000001212131616172131527715042177987200
0000001212151616192338608820358880491600
Registry Image Gallery
Grade: MS 67 RD
Points: 754
Owner: *00001AAA Coins
 
Grade: MS 67 RD
Points: 754
Owner: Big Tiger
 
View the Registry Image Gallery

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