Coin Specifications

Category: Lincoln Cents, Wheat Reverse (1909-1958)
Mint: San Francisco
Mintage: 112,940,000
Obverse Designer: Victor D. Brenner
Reverse Designer: Victor D. Brenner
Composition: Bronze
Weight: 3.1100g
Diameter: 19mm
Edge: Plain
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1940 S 1C MS obverse 1940 S 1C MS reverse
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Description & Analysis

While the Census data reveal a large number of certified gems, collectors will want to be picky in selecting the right coin. Many 1940-S cents were coined with worn dies displaying very distorted features. The San Francisco Mint was pushed to its limit during the year supplying coins outside of its usual territory: "...163 tons of San Francisco Mint coins were delivered to the Federal Reserve Bank [of Chicago] during November. A sizable fleet of express trucks was required to deliver the coins. It is believed that this is the first time that 'S' mint coins have been brought as far east as Chicago for distribution."

A very distinct repunched mintmark variety for 1940-S is recognized by NGC under its VarietyPlus Service. Several lesser ones are not recognized at this time.

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 S 1C MS BN
  GVGFVFXF505355586061626364656667686970
Base $ 0.05 0.10 0.25 0.40 0.65 0.90 1.00 1.10 1.50 2.00 2.25 2.75 3.50 6.00 10.50 17.00 32.50 - - -
1940 S 1C MS RB
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - - - - 4.75 8.75 15.00 27.00 52.50 - - -
1940 S 1C MS RD
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - - - - 7.00 10.00 18.00 29.00 220 9750 - -
$ - - - - - - - - - - - 60.00 900 -

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: 3192
Low Grade: VF
Average Grade: 66
High Grade: 68

The chart showing 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, 68 series.
NGC CENSUS DETAIL Last Updated: 4/20/2021 1940 S 1C MS BN
 PrAgGVGFVF4045505355586061626364656667686970Total
Base----41------1-23221---16
-----------------------
-----------------------
-----------------------
Total----41------1-23221---16
 ----25%6%------6%-13%19%13%13%6%--- 
1940 S 1C MS RB
 PrAgGVGFVF4045505355586061626364656667686970Total
Base--------------8192122101--81
-----------------1----1
-----------------1----1
-----------------------
Total--------------8192124101--83
 --------------10%23%25%29%12%1%-- 
1940 S 1C MS RD
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-------------23483951899748---3095
------------------1---1
-----------------103---13
-----------------------
Total-------------23483951909752---3109
 -------------0%0%2%13%61%24%--- 

NGC Registry

NGC Registry Score 1940 S 1C MS BN
 PrAgGVGFVF4045505355586061626364656667686970
Base6666666666666666203276348785861
666666666666666112447167494810904
00000066666666611244716749400
00000066666666615286125763900
1940 S 1C MS RB
 PrAgGVGFVF4045505355586061626364656667686970
Base333333333669912163259111212237288348
3333333346791013214176145220254308365
000000334679101321417614522025400
000000335689111527509417822927100
1940 S 1C MS RD
 PrAgGVGFVF4045505355586061626364656667686970
Base333333366991212162450102201908510455986127
33333346791012131933671354372307526957746433
00000046791012131933671354372307526900
00000056891112152141851686723705543300
Registry Image Gallery
Grade: MS 67 RD
Points: 2307
Owner: KKM
 
Grade: MS 67 RD
Points: 908
Owner: 66RB
 
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.