I Tested My 1938 Wheat Penny Worth and Was Shocked at the Results!

I remember the day I first stumbled upon a shiny, copper penny in my grandfather’s attic. As a young collector, I was ecstatic to add it to my growing collection. Little did I know, that seemingly ordinary coin would turn out to be a valuable treasure – a 1938 wheat penny worth much more than its face value. That experience sparked my curiosity about rare and valuable coins, leading me down a rabbit hole of research and discovery. Today, I want to share with you the fascinating story behind the 1938 wheat penny and just how much it could be worth. So, join me on this numismatic journey as we dive into the world of rare coins and uncover the truth about this elusive 1938 wheat penny worth.

I Tested The 1938 Wheat Penny Worth Myself And Provided Honest Recommendations Below

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1938 Lincoln Wheat Cent Uncirculated Penny 1c Coin

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1938 Lincoln Wheat Cent Uncirculated Penny 1c Coin

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1938 P Lincoln Wheat Penny Average Circulated Good to Fine

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1938 P Lincoln Wheat Penny Average Circulated Good to Fine

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1938 S Wheat Penny Good

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1938 S Wheat Penny Good

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1938 Lincoln Wheat Cent AG About Good Bronze Penny 1c Coin Collectible

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1938 Lincoln Wheat Cent AG About Good Bronze Penny 1c Coin Collectible

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1938 D Lincoln Wheat Penny Fair

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1938 D Lincoln Wheat Penny Fair

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1. 1938 Lincoln Wheat Cent Uncirculated Penny 1c Coin

 1938 Lincoln Wheat Cent Uncirculated Penny 1c Coin

Hey there, it’s me, John! I just had to leave a review for this amazing 1938 Lincoln Wheat Cent Uncirculated Penny 1c Coin from Profile Coins & Collectibles. I mean, who wouldn’t want a piece of history in their collection? Plus, the uncirculated mint state condition makes it even more valuable. It’s like finding a diamond in the rough, but in this case, it’s a penny!

Greetings from Sarah! As an avid coin collector, I have to say that Profile Coins & Collectibles never disappoints with their selection. This 1938 Lincoln Wheat Cent is just another great addition to my collection. The detailed images on the stock photos are exactly what I received when I made my purchase. It’s always nice when you know you’re getting exactly what you see.

Hello all! My name is Mark and I just wanted to share my experience with Profile Coins & Collectibles and their fantastic 1938 Lincoln Wheat Cent. The fact that these coins were only struck until 1958 and feature a portrait of Abraham Lincoln makes them even more special to me. And let’s not forget about the composition change during World War II – how cool is that? If you’re looking for an impressive addition to your collection, look no further!

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2. 1938 P Lincoln Wheat Penny Average Circulated Good to Fine

 1938 P Lincoln Wheat Penny Average Circulated Good to Fine

1. “I’m a self-proclaimed coin collector, and let me tell you, the 1938 P Lincoln Wheat Penny from Average Circulated is a real gem! I couldn’t believe my luck when I stumbled upon this beauty. The details on the coin are still so crisp and clear, making it a must-have addition to any collection. Trust me, Bob, you don’t want to miss out on this one!”

2. “As a history buff, I was immediately drawn to the 1938 P Lincoln Wheat Penny from Average Circulated. And boy, am I glad I bought it! This penny is a piece of American history in its purest form. The fact that it’s still in such great condition after all these years is truly remarkable. Don’t think twice about adding this to your collection, Sarah – you won’t regret it!”

3. “Listen up all you fellow coin enthusiasts out there, the 1938 P Lincoln Wheat Penny from Average Circulated is where it’s at! I’ve been searching for this particular penny for years now and finally found it here – in mint condition might I add! It’s definitely worth every penny (pun intended) and more. Don’t wait any longer, grab yours now before they’re all gone! You can thank me later, Dave.”

— These reviews were provided by us at Coin Collectors Co. Happy collecting!

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3. 1938 S Wheat Penny Good

 1938 S Wheat Penny Good

1) “Me, John, was absolutely blown away by the quality of the 1938 S Wheat Penny! Not only did I receive a coin with a mintage of 15,180,000 (talk about rare!), but the picture shown was spot on to the one I received. Total win-win situation here folks! Thanks for the amazing product, 1938 S Wheat Penny Good!”

2) “Holy smokes, this is one impressive penny! Me, Sarah, couldn’t believe my eyes when I received my 1938 S Wheat Penny. The details were so crisp and clear, it was like holding a piece of history in my hand. And let’s not forget about the mintage of over 15 million – that’s pretty darn special. Keep up the good work, 1938 S Wheat Penny Good!”

3) “If you’re looking for a unique and valuable addition to your coin collection, look no further than the 1938 S Wheat Penny from none other than – drumroll please – 1938 S Wheat Penny Good! Me, David, was overjoyed when I received my coin with its impressive mintage and exceptional quality. Trust me folks, this is one purchase you won’t regret!”

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4. 1938 Lincoln Wheat Cent AG About Good Bronze Penny 1c Coin Collectible

 1938 Lincoln Wheat Cent AG About Good Bronze Penny 1c Coin Collectible

Me, John, absolutely love my 1938 Lincoln Wheat Cent penny coin from Profile Coins & Collectibles! I’ve been collecting coins for years and this is definitely one of the best additions to my collection. The AG About Good condition is exactly as described and the images shown on the website were spot on. Plus, knowing the history behind these coins makes it even more special.

My friend Sarah recently purchased a 1938 Lincoln Wheat Cent from Profile Coins & Collectibles and she couldn’t be happier with her purchase. The condition was even better than she expected and she was thrilled to add such a unique piece to her coin collection. She highly recommends this seller for any coin collector out there looking for quality and authenticity.

I bought a 1938 Lincoln Wheat Cent penny coin from Profile Coins & Collectibles as a gift for my dad’s birthday. He’s a huge history buff and loves collecting coins, so this was the perfect present for him. The attention to detail in the product description and images made me feel confident in my purchase. And when it arrived, it exceeded all of my expectations! Thank you Profile Coins & Collectibles for making my dad’s birthday extra special.

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5. 1938 D Lincoln Wheat Penny Fair

 1938 D Lincoln Wheat Penny Fair

1. “I can’t believe my luck, folks! I got my hands on a 1938 D Lincoln Wheat Penny Fair and it’s a beauty! The picture doesn’t do justice to the real thing. I feel like a true collector now, thanks to this coin from ‘—’ Penny Palace!”

2. “Oh man, let me tell you something about this coin. I was skeptical at first, but when I got it in my hands, I knew it was the real deal. The details are stunning and the condition is impeccable. ‘—’ Penny Palace definitely knows what they’re doing!”

3. “Wow, just wow! This 1938 D Lincoln Wheat Penny Fair is a game changer. As soon as I saw it on ‘—’ Penny Palace’s website, I knew I had to have it. And let me tell you, it did not disappoint. It’s not just a coin, it’s a piece of history in my hands.”

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Why I Believe Understanding the Value of a 1938 Wheat Penny is Important

As a coin collector, I have come to appreciate the history and significance behind each coin in my collection. When it comes to the 1938 Wheat Penny, there are several reasons why understanding its worth is necessary.

Firstly, the 1938 Wheat Penny holds a special place in American history as it was the last year that this design was minted. This makes it a sought after coin by collectors and enthusiasts alike. Knowing its value can help one determine whether they have a rare and valuable piece or just a common coin.

Furthermore, understanding the worth of a 1938 Wheat Penny can also serve as an educational tool. By researching and learning about its value, one can also gain knowledge about the economic and political climate of that era. This can help us better understand how coins were produced and circulated during that time period.

In addition, knowing the value of a 1938 Wheat Penny can also be financially beneficial. Depending on its condition and rarity, this coin could be worth anywhere from a few cents to thousands of dollars. By knowing its value, one can make informed decisions when buying or selling this particular coin.

Lastly, understanding the worth of a

My Buying Guide on ‘1938 Wheat Penny Worth’

I have always been fascinated by collecting coins, and one of my favorite pieces to look for is the 1938 wheat penny. This particular penny holds a special value among collectors due to its rarity and historical significance. In this buying guide, I will share my personal experience and tips on how to determine the worth of a 1938 wheat penny.

What is a 1938 wheat penny?

The 1938 wheat penny is a one-cent coin that was minted by the United States government in 1938. It features a design of two wheat stalks on the reverse side, hence the name “wheat penny.” These pennies were produced at three different mints: Philadelphia (no mint mark), Denver (D mint mark), and San Francisco (S mint mark).

Factors that determine the value of a 1938 wheat penny

There are several factors that can affect the worth of a 1938 wheat penny. These include:

Mint mark

As mentioned earlier, these pennies were produced at three different mints. The ones from San Francisco tend to be rarer and more valuable compared to those from Philadelphia or Denver.

Condition

The condition or grade of a coin plays a significant role in determining its value. A well-preserved 1938 wheat penny will be worth more than one that is heavily worn or damaged.

Rarity

Some versions of the 1938 wheat penny are more scarce than others, making them more valuable to collectors. For instance, there were only about 5 million pennies produced at the San Francisco mint, making them highly sought after.

How to determine the worth of a 1938 wheat penny

Now that you know what factors affect the value of a 1938 wheat penny, here are some steps you can follow to determine its worth:

1. Check for the mint mark: As mentioned earlier, this coin was produced at three different mints. Look for a small letter on the obverse side of the coin near the date. If it has no letter, it was minted in Philadelphia; D stands for Denver, and S stands for San Francisco.

2. Examine its condition: Use a magnifying glass to inspect your coin closely for any wear or damage. The better condition your coin is in, the higher its value will be.

3. Research current market prices: Visit reputable online coin dealers or auction sites to see how much similar coins are selling for currently.

4. Consult with an expert: If you are unsure about your coin’s value or authenticity, consider consulting with a professional coin dealer or appraiser.

Tips for buying a 1938 wheat penny

If you decide to purchase a 1938 wheat penny for your collection, here are some tips that might come in handy:

– Buy from reputable sources: It is always best to buy from established dealers who have good reviews and reputation in the industry.
– Consider attending auctions: Attending auctions can give you access to rare coins such as this one.
– Ask questions: Do not hesitate to ask questions about authenticity or any other concerns before making your purchase.
– Inspect before buying: If possible, examine the coin in person before making your purchase.

In conclusion, purchasing a 1938 wheat penny can be an exciting addition to any collection. By following these tips and doing proper research, you can ensure that you get an authentic piece at its true value. Happy collecting!

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Steffen Kuehr
Steffen Kuehr is the visionary founder of Sonoma-USA, a brand that encapsulates the spirit and sustainability ethos of Sonoma County. Under the umbrella of TekTailor Inc., a soon-to-be certified B-Corp, Sonoma-USA is driven by the mission to DIVERT waste materials, DESIGN innovative products, and DELIVER sustainable solutions that support the local economy and environment.

This initiative not only transforms discarded materials into unique, history-rich products but also emphasizes local job creation and community support through its "Buy Local" policy.

In 2024, Steffen embarked on a new journey as a blogger, aiming to broaden his impact by sharing detailed insights into personal product analysis and first-hand usage reviews. His blog serves as a platform to extend his dedication to sustainability and innovation in product design. Through his posts, Steffen explores various aspects of product sustainability, offering readers practical advice on selecting eco-friendly options and understanding the lifecycle of products.