Coin Specifications

Category: Lincoln Cents, Wheat Reverse (1909-1958)
Mint: Philadelphia
Mintage: 586,825,872
Obverse Designer: Victor D. Brenner
Reverse Designer: Victor D. Brenner
Composition: Bronze
Weight: 3.1100g
Diameter: 19mm
Edge: Plain
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1940 1C MS obverse 1940 1C MS reverse
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Description & Analysis

1940(P) cents were well made as a rule, and fully red gems are thus common. Most of these are sharply struck, though some may reveal the weakness at the top of O(NE) seen on many Lincoln Cents.

The Mint Director's Annual Report commented on the stepped up coinage during this period: "Domestic coinage manufactured during the fiscal year ending June 30, 1940, amounting to 768,090,830 pieces, exceeded the production of any previous fiscal year in the history of the Government. As in previous years, the coin most largely produced was the 1-cent piece."

GRADE SUMMARY

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Price Guide

Last Updated: 7/12/2020

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

1940 1C MS BN
  GVGFVFXF505355586061626364656667686970
Base $ 0.05 0.10 0.15 0.25 0.35 0.50 0.55 0.65 0.85 1.75 1.85 2.00 2.50 3.00 4.50 17.00 37.50 - - -
1940 1C MS RB
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - - - 3.00 4.00 5.50 11.50 23.00 47.50 - - -
1940 1C MS RD
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - - - - 6.00 8.00 12.00 37.00 170 14000 - -
$ - - - - - - - - - - - 40.00 900 -

NGC Price and Value Guides Disclaimer

Disclaimer: The prices listed in the various NGC Price and Value Guides are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. Prices provided are averages, not specific prices for individual coins. Further, because these prices are only updated from time to time, they do not reflect short term pricing trends, which are quite common and are often quite dramatic, given the volatile nature of the collectible coin marketplace. This is especially true for rare coins, where there are fewer sales and greater variations in sale prices. For all of these reasons, the prices in these guides are designed to serve merely as one of many measures and factors that coin buyers and sellers can use in determining coin values. These prices are not intended, and should not be relied upon, to replace the due diligence and — when appropriate — expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Guides. By using the NGC Guides, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the Guides.

Census

 
NGC GRADE SUMMARY

Total Graded: 3033
Low Grade: VG
Average Grade: 66
High Grade: 67

The chart showing VG series, F series, VF series, 40 series, 45 series, 50 series, 53 series, 55 series, 58 series, 60 series, 61 series, 62 series, 63 series, 64 series, 65 series, 66 series, 67 series.
NGC CENSUS DETAIL Last Updated: 4/13/2021 1940 1C MS BN
 PrAgGVGFVF4045505355586061626364656667686970Total
Base--1-7241-----11352----27
-----------------------
-----------------------
-----------------------
Total--1-7241-----11352----27
 --4%-26%7%15%4%-----4%4%11%19%7%---- 
1940 1C MS RB
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-------------2314182812---77
-----------------------
-----------------------
-----------------------
Total-------------2314182812---77
 -------------3%4%18%23%36%16%--- 
1940 1C MS RD
 PrAgGVGFVF4045505355586061626364656667686970Total
Base--------------3172921916701---2929
------------------1---1
-----------------1721---38
-----------------------
Total--------------3172921933723---2968
 --------------0%1%10%65%24%--- 

NGC Registry

NGC Registry Score 1940 1C MS BN
 PrAgGVGFVF4045505355586061626364656667686970
Base6666666666666666203276348785861
666666666666666112447167494810904
00000066666666611244716749400
00000066666666615286125763900
1940 1C MS RB
 PrAgGVGFVF4045505355586061626364656667686970
Base3333333333399912204594194237288348
333333333359910152861127208254308365
00000033335991015286112720825400
00000033337991117377816122327100
1940 1C MS RD
 PrAgGVGFVF4045505355586061626364656667686970
Base33333333333121212202845151551592264737061
333333333361212152334802842341610666697414
000000333361212152334802842341610600
0000003333912121725391164184132628900
Registry Image Gallery
Grade: MS 67 RD
Points: 2341
Owner: pestrele
 
Grade: MS 67 RD
Points: 551
Owner: Albert Huber
 
View the Registry Image Gallery

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NGC Auction Central Disclaimer

NGC Auction Central Disclaimer

Disclaimer: The auction prices realized listed in the NGC Auction Central are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. The auction data listed by NGC may occasionally contain typographical or input errors that can result in incorrect prices realized appearing on the NGC website. Therefore, the prices realized listed in NGC Auction Central are designed to serve merely as one of many measures and facts that coin buyers and sellers can use in determining coin values. These prices are not intended, and should not be relied upon, to replace the due diligence and – when appropriate – expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Auction Central. By using the NGC Auction Central, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the NGC Auction Central.