Coin Specifications

Category: Lincoln Cents, Wheat Reverse (1909-1958)
Mint: San Francisco
Mintage: 15,180,000
Obverse Designer: Victor D. Brenner
Reverse Designer: Victor D. Brenner
Composition: Bronze
Weight: 3.1100g
Diameter: 19mm
Edge: Plain
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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: 8/19/2014

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

1938 S 1C MS Brown
  GVGFVFXF505355586061626364656667686970
Base $ 0.35 0.45 0.55 0.70 1.00 1.65 1.75 1.85 2.25 4.25 5.00 6.00 8.00 9.00 13.50 19.00 38.00 - - -
$ - - - - - - - - - - - - - -
1938 S 1C MS Red Brown
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - 4.50 6.00 7.00 9.00 12.50 22.00 32.50 55.00 - - -
$ - - - - - - - - - - - - - -
1938 S 1C MS Red
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - - 7.00 8.50 10.75 14.00 27.50 45.00 170 - - -
$ - - - - - - - - - - - 68.00 1450 -

NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 3102
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
7/3/2001 NGC MS 67   Red Heritage Auctions Exclusively Internet Auction #21072, 21072/Lot# 2060 $47.00
7/15/2007 NGC MS 67   Red Teletrade Auction 2394, 2394/Lot# 1067 $100.80
9/25/2008 NGC MS 66   Red David Lawrence Rare Coins Thursday - Internet Auction # 286, 292/Lot# 5060 $58.65
3/27/2011 PCGS AU 53   Brown Teletrade Auction 3037, 3037/Lot# 1096 $41.00
12/9/2012 NGC MS 65   Red GreatCollections GreatCollections Coin Auctions 12/09/2012, 52/Lot# 78533 $55.00
1/27/2013 NGC MS 65   Red GreatCollections GreatCollections Coin Auctions 01/27/2013, 59/Lot# 78532 $55.00
11/7/2014 NGC MS 66   Red Stack's Bowers iAuction 3507, 6061/Lot# 23068 $16.45
12/25/2016 NGC MS 66   Red Heritage Auctions Internet Coin Auction Session(1), 131701/Lot# 21052 $94.00


NGC Registry

NGC Registry Score 1938 1C MS S Brown
 PrAgGVGFVF4045505355586061626364656667686970
Base6666666666666666203276348785861
6666666666666661124471674948100
00000066666666611244716749400
00000066666666615286125763900
1938 1C MS S Red Brown
 PrAgGVGFVF4045505355586061626364656667686970
Base33336669999162024325089135220248301363
33346679991117212738631041632292663220
000000799911172127386310416322926600
000000899914192329447612019223928300
1938 1C MS S Red
 PrAgGVGFVF4045505355586061626364656667686970
Base33669991212121220243241541152556848299591104
3467991012121215212735457416239873287210070
0000001012121215212735457416239873287200
0000001112121217232938509520854178191600
Registry Image Gallery
Grade: MS 67 RD
Points: 684
Owner: *00001AAA Coins
 
Grade: MS 67 RD
Points: 684
Owner: Big Tiger
 
View the Registry Image Gallery

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