Description and Analysis

Lincoln Cents, Wheat Reverse
1938 1C MS

Description & Analysis

Coin production dipped in 1938, as the nation experienced a setback from the economic recovery period of 1933-36. The Philadelphia Mint struck just over half the number of cents in 1938 that it had the previous year.

Enough rolls were saved of this issue to make it nearly as common as surrounding dates, but prices have long been higher in the Mint State grades.